REGISTERED NUMBER: 02888734 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Cheshire International Removals Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

156,051

99,549

Investments

5

2

2

156,053

99,551

CURRENT ASSETS

Debtors

6

215,768

155,106

Cash at bank

208,188

230,120

423,956

385,226

CREDITORS

Amounts falling due within one year

7

(359,406

)

(170,841

)

NET CURRENT ASSETS

64,550

214,385

TOTAL ASSETS LESS CURRENT LIABILITIES

220,603

313,936

CREDITORS

Amounts falling due after more than one year

8

(90,063

)

(70,921

)

NET ASSETS

130,540

243,015

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

130,538

243,013

SHAREHOLDERS' FUNDS

130,540

243,015

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 director acknowledges his 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 director and authorised for issue on 18 September 2025 and were signed by:

Mr M P Fahey - Director

1.	STATUTORY INFORMATION

Cheshire International Removals 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:

02888734

Registered office:

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

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 is measured at the fair value of the consideration received or receivable, net of VAT.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance and 10% on cost

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. where material, provisions are calculated on a discounted basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2023 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

47,090

9,691

140,762

14,042

211,585

Additions

8,450

-

139,800

-

148,250

Disposals

-

-

(43,000

)

-

(43,000

)

At 31 December 2024

55,540

9,691

237,562

14,042

316,835

DEPRECIATION

At 1 January 2024

29,985

9,647

60,485

11,919

112,036

Charge for year

3,912

8

44,269

559

48,748

At 31 December 2024

33,897

9,655

104,754

12,478

160,784

NET BOOK VALUE

At 31 December 2024

21,643

36

132,808

1,564

156,051

At 31 December 2023

17,105

44

80,277

2,123

99,549

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2024

130,762

Additions

112,000

Disposals

(43,000

)

At 31 December 2024

199,762

DEPRECIATION

At 1 January 2024

52,265

Charge for year

36,874

At 31 December 2024

89,139

NET BOOK VALUE

At 31 December 2024

110,623

At 31 December 2023

78,497

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

2

NET BOOK VALUE

At 31 December 2024

2

At 31 December 2023

2

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

54,302

66,960

Amounts owed by group undertakings

-

38,530

Other debtors

161,466

49,616

215,768

155,106

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts (see note 9)

37,391

24,591

Trade creditors

82,160

29,609

Amounts owed to group undertakings

149,753

-

Taxation and social security

86,096

112,636

Other creditors

4,006

4,005

359,406

170,841

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts (see note 9)

90,063

70,921

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.12.24

31.12.23

£

£

Net obligations repayable:

Within one year

37,391

24,591

Between one and five years

90,063

70,921

127,454

95,512

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Hire purchase contracts

127,454

95,512

Loans and overdrafts are secured by a debenture over the and assets of the company, in favour of Natwest Bank plc.

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

Mr M P Fahey

Balance outstanding at start of year

49,617

-

Amounts advanced

111,748

49,617

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

161,365

49,617