Near & Far Removals Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10284770

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		52,877		16,054

			52,877		16,054
CURRENT ASSETS
Debtors	5	247		7,775
Cash at bank and in hand		67,138		43,264

		67,385		51,039
Creditors: Amounts Falling Due Within One Year	6	(63,596 )		(46,041 )

NET CURRENT ASSETS (LIABILITIES)			3,789		4,998

TOTAL ASSETS LESS CURRENT LIABILITIES			56,666		21,052

Creditors: Amounts Falling Due After More Than One Year	7		(30,192 )		(8,720 )

NET ASSETS			26,474		12,332

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			26,374		12,232

SHAREHOLDERS' FUNDS			26,474		12,332

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Near & Far Removals Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

E Langridge

Director

1st September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Near & Far Removals Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10284770 . The registered office is Unit 4a, Langley House, Wheatcroft Business Park, Landmere Lane, Edwalton, Nottingham, NG12 4DG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% reducing balance
Motor Vehicles	20% reducing balance
Fixtures & Fittings	20% reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Taxation

Corporation tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 17 (2024: 16)

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Near & Far Removals Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2024	3,670	90,556	1,462	95,688
Additions	-	46,145	-	46,145
Disposals	-	(5,148 )	-	(5,148 )

As at 31 March 2025	3,670	131,553	1,462	136,685

Depreciation
As at 1 April 2024	2,000	76,452	1,182	79,634
Provided during the period	334	7,061	56	7,451
Disposals	-	(3,277 )	-	(3,277 )

As at 31 March 2025	2,334	80,236	1,238	83,808

Net Book Value
As at 31 March 2025	1,336	51,317	224	52,877

As at 1 April 2024	1,670	14,104	280	16,054

5. Debtors

	2025	2024 as restated
	£	£
Due within one year
Other debtors	247	-
Directors' loan accounts	-	7,775

	247	7,775

6. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Net obligations under finance lease and hire purchase contracts	4,160	-
Trade creditors	10,145	17,604
Bank loans and overdrafts	5,125	5,000
Corporation tax	3,291	2,710
Other taxes and social security	3,504	2,587
VAT	24,319	13,310
Other creditors	13,052	4,830

	63,596	46,041

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024 as restated
	£	£
Net obligations under finance lease and hire purchase contracts	26,635	-
Bank loans	3,557	8,720

	30,192	8,720

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Near & Far Removals Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024 as restated
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	4,160	-
Later than one year and not later than five years	26,635	-

	30,795	-

	30,795	-

9. Related Party Transactions

As at the year end the directors owed the company £nil (2024: £7,775).

10. Ultimate Controlling Party

The company's ultimate controlling party is the directors.

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