REGISTERED NUMBER: 13150053 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SUPPLY CHAIN IN-SITES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Dalton

D Walker

R Chester

P Eveleigh

R Sexton

REGISTERED OFFICE:

Medina House

2 Station Avenue

Bridlington

East Riding

YO16 4LZ

REGISTERED NUMBER:

13150053 (England and Wales)

ACCOUNTANTS:

Lloyd Dowson Limited

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

FIXED ASSETS

Tangible assets

4

1,503

2,339

CURRENT ASSETS

Debtors

5

270,422

290,173

Cash at bank

414,346

115

684,768

290,288

CREDITORS

Amounts falling due within one year

6

299,985

480,059

NET CURRENT ASSETS/(LIABILITIES)

384,783

(189,771

)

TOTAL ASSETS LESS CURRENT LIABILITIES

386,286

(187,432

)

CREDITORS

Amounts falling due after more than one year

7

566,631

487,578

NET LIABILITIES

(180,345

)

(675,010

)

CAPITAL AND RESERVES

Called up share capital

8

1,389

1,215

Share premium

642,113

14,282

Retained earnings

(823,847

)

(690,507

)

SHAREHOLDERS' FUNDS

(180,345

)

(675,010

)

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 Statement of Income and Retained Earnings has not been delivered.

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

R Chester - Director

1.	STATUTORY INFORMATION

Supply Chain In-sites 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.

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.

The accounts have been prepared on a going concern basis due to the continued support of the directors.

Turnover

Turnover is measured at the fair value of the invoices raised for consultancy in-site work, excluding discounts, rebates and value added tax and is recognised when services are provided.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates an auto-enrolment pension scheme. Contributions payable to the company's pension scheme are charged to the statement of income and retained earnings in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

3,603

Additions

547

At 31 December 2024

4,150

DEPRECIATION

At 1 January 2024

1,264

Charge for year

1,383

At 31 December 2024

2,647

NET BOOK VALUE

At 31 December 2024

1,503

At 31 December 2023

2,339

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

162,842

276,490

Other debtors

107,580

13,683

270,422

290,173

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

-

7,400

Trade creditors

96,764

129,378

Taxation and social security

37,857

75,177

Other creditors

165,364

268,104

299,985

480,059

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

566,631

487,578

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

124,853

Ordinary

£0.01

1,249

1,215

14,038

Ordinary A

£0.01

140

-

1,389

1,215

The following fully paid shares were allotted during the year at a premium as shown below:

3,360 Ordinary shares of £0.01 each at £38.08 per share

14,038 Ordinary A shares of £0.01 each at £35.60 per share