REGISTERED NUMBER: 08626900 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Chemstore (UK) Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

1,718

1,542

CURRENT ASSETS

Debtors

5

784,371

532,149

Cash at bank and in hand

186,311

222,354

970,682

754,503

CREDITORS

Amounts falling due within one year

6

936,010

736,907

NET CURRENT ASSETS

34,672

17,596

TOTAL ASSETS LESS CURRENT LIABILITIES

36,390

19,138

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

36,290

19,038

36,390

19,138

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 28 August 2025 and were signed on its behalf by:

S O'Carroll - Director

1.	STATUTORY INFORMATION

Chemstore (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08626900

Registered office:

Room B102,

Trident Business Centre

89 Bickersteth Road

London

SW17 9SH

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.

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 7 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 January 2024

2,038

477

2,515

Additions

-

1,115

1,115

At 31 December 2024

2,038

1,592

3,630

DEPRECIATION

At 1 January 2024

814

159

973

Charge for year

408

531

939

At 31 December 2024

1,222

690

1,912

NET BOOK VALUE

At 31 December 2024

816

902

1,718

At 31 December 2023

1,224

318

1,542

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

764,755

387,916

Amounts recoverable on contract

-

46,319

Other debtors

-

93,393

Tax

17,761

-

CIS recoverable

1,755

1,755

VAT

-

2,666

Called up share capital not paid

100

100

784,371

532,149

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

194,203

112,548

Tax

1,814

1,986

Social security and other taxes

5,524

26

VAT

74,707

-

Other creditors

110,939

110,939

CMS Chemstore Engineering Ltd

521,948

497,627

Accrued expenses

26,875

13,781

936,010

736,907