REGISTERED NUMBER: 05189532 (England and Wales)

Financial Statements For The Year Ended 31 December 2024

for

Cumming Group Stoke Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

D Hutchison

A Al Jajeh

REGISTERED OFFICE:

1 Fellmongers Path

Tower Bridge Road

London

SE1 3LY

REGISTERED NUMBER:

05189532 (England and Wales)

INDEPENDENT AUDITORS:

Robb Ferguson

Chartered Accountants & Statutory Auditors

Regent Court

70 West Regent Street

Glasgow

G2 2QZ

FIXED ASSETS

Tangible assets

4

8,879

21,990

CURRENT ASSETS

Debtors

5

1,748,633

1,921,352

Cash at bank and in hand

73,714

71,306

1,822,347

1,992,658

CREDITORS

Amounts falling due within one year

6

583,839

678,399

NET CURRENT ASSETS

1,238,508

1,314,259

TOTAL ASSETS LESS CURRENT LIABILITIES

1,247,387

1,336,249

CREDITORS

Amounts falling due after more than one year

7

(50,000

)

(51,814

)

PROVISIONS FOR LIABILITIES

(15,249

)

(15,249

)

NET ASSETS

1,182,138

1,269,186

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,182,038

1,269,086

SHAREHOLDERS' FUNDS

1,182,138

1,269,186

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2025 and were signed on its behalf by:

A Al Jajeh - Director

1.	STATUTORY INFORMATION

Cumming Group Stoke Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents the amounts recoverable for services provided to clients under contractual obligations that are performed over time. If completion of contractual obligations is dependent upon external factors then revenue is recognised only when the event occurs. In such cases, costs incurred up to the Statement of Financial Position date are carried forward as work in progress.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

20% on cost

Computer equipment

-

25% on cost

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the

transaction.

At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Pension costs and other post-retirement benefits

Contributions to defined contribution plans are expensed in the period to which they relate.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment

losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2023 - 35 ) .

4.	TANGIBLE FIXED ASSETS

Land and

Computer

buildings

equipment

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

141,339

257,622

398,961

DEPRECIATION

At 1 January 2024

141,339

235,632

376,971

Charge for year

-

13,111

13,111

At 31 December 2024

141,339

248,743

390,082

NET BOOK VALUE

At 31 December 2024

-

8,879

8,879

At 31 December 2023

-

21,990

21,990

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

537,168

339,031

Amounts owed by group

undertakings

1,173,933

1,429,988

Prepayments

37,532

152,333

1,748,633

1,921,352

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

39,380

16,591

Tax

43,104

289,200

Social security and other taxes

9,048

6,786

VAT

95,891

68,098

Amounts owed to group

undertakings

186,922

-

Accrued expenses

209,494

297,724

583,839

678,399

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

50,000

51,814

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

37,299

85,465

Between one and five years

12,273

50,333

49,572

135,798

9.	SECURED DEBTS

Wilmington Trust, National Association holds a fixed and floating charge over the assets of the company.

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Janice Alexander (Senior Statutory Auditor)

for and on behalf of Robb Ferguson

11.	CONTINGENT LIABILITIES

The company has granted security against it's assets by way of a Debenture in respect of the borrowings of its ultimate parent company, Chartwell Cumming Holding Corporation.

12.	ULTIMATE CONTROLLING PARTY