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REGISTERED NUMBER: 06703646



















Unaudited Financial Statements

for the Year Ended 31st March 2025

for

CARGO HOLDINGS LIMITED

CARGO HOLDINGS LIMITED (REGISTERED NUMBER: 06703646)






Contents of the Financial Statements
for the Year Ended 31st March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CARGO HOLDINGS LIMITED

Company Information
for the Year Ended 31st March 2025







DIRECTORS: Mr Harjodh Singh Chahal
Mr Bhagjit Singh Chahal





REGISTERED OFFICE: Cargo Business Park
Bagnall Street
Great Bridge
West Midlands
DY4 7BS





REGISTERED NUMBER: 06703646






CARGO HOLDINGS LIMITED (REGISTERED NUMBER: 06703646)

Balance Sheet
31st March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 367,015 432,723

CURRENT ASSETS
Debtors 5 839,538 756,758
Cash at bank 11,889 20,535
851,427 777,293
CREDITORS
Amounts falling due within one year 6 591,967 630,045
NET CURRENT ASSETS 259,460 147,248
TOTAL ASSETS LESS CURRENT
LIABILITIES

626,475

579,971

CREDITORS
Amounts falling due after more than
one year

7

29,189

34,574
NET ASSETS 597,286 545,397

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 8 597,166 545,277
SHAREHOLDERS' FUNDS 597,286 545,397

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CARGO HOLDINGS LIMITED (REGISTERED NUMBER: 06703646)

Balance Sheet - continued
31st March 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th July 2025 and were signed on its behalf by:





Mr Harjodh Singh Chahal - Director


CARGO HOLDINGS LIMITED (REGISTERED NUMBER: 06703646)

Notes to the Financial Statements
for the Year Ended 31st March 2025

1. STATUTORY INFORMATION

Cargo Holdings Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 15% on reducing balance and in accordance with the property

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

CARGO HOLDINGS LIMITED (REGISTERED NUMBER: 06703646)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

4. TANGIBLE FIXED ASSETS
Short Plant and Motor
leasehold machinery vehicles Totals
£    £    £    £   
COST
At 1st April 2024
and 31st March 2025 145,750 240,961 1,629,851 2,016,562
DEPRECIATION
At 1st April 2024 - 183,431 1,400,408 1,583,839
Charge for year - 8,629 57,079 65,708
At 31st March 2025 - 192,060 1,457,487 1,649,547
NET BOOK VALUE
At 31st March 2025 145,750 48,901 172,364 367,015
At 31st March 2024 145,750 57,530 229,443 432,723

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 36,600 -
Other debtors 802,938 756,758
839,538 756,758

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 8,883 8,883
Trade creditors 13,660 22,600
Amounts owed to associates 552,723 577,123
Taxation and social security 14,244 15,011
Other creditors 2,457 6,428
591,967 630,045

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans 29,189 34,574

CARGO HOLDINGS LIMITED (REGISTERED NUMBER: 06703646)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

8. RESERVES
Retained
earnings
£   

At 1st April 2024 545,277
Profit for the year 63,889
Dividends (12,000 )
At 31st March 2025 597,166

9. ULTIMATE CONTROLLING PARTY

Whilst there is a significant family interest in the shares of the company, the directors consider that there is no one ultimate controlling party of the company.