REGISTERED NUMBER: SC631849 (Scotland)

Financial Statements

for the Year Ended 31 December 2024

for

Clearing Customs UK Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J E Wegman

W Wijnia

REGISTERED OFFICE:

Customs Support, Unit 5002

Mile End Mill, Abbey Business Centre

12 Seedhill Road

Paisley

Scotland

PA1 1JS

REGISTERED NUMBER:

SC631849 (Scotland)

FIXED ASSETS

Tangible assets

4

2,087

3,983

CURRENT ASSETS

Debtors

5

47,277

31,397

Cash at bank

169,309

145,434

216,586

176,831

CREDITORS

Amounts falling due within one year

6

195,504

216,034

NET CURRENT ASSETS/(LIABILITIES)

21,082

(39,203

)

TOTAL ASSETS LESS CURRENT LIABILITIES

23,169

(35,220

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

23,168

(35,221

)

SHAREHOLDERS' FUNDS

23,169

(35,220

)

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 30 September 2025 and were signed on its behalf by:

W Wijnia - Director

1.	STATUTORY INFORMATION

Clearing Customs UK Ltd is a private company, limited by shares , registered in Scotland. 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

9,471

DEPRECIATION

At 1 January 2024

5,488

Charge for year

1,896

At 31 December 2024

7,384

NET BOOK VALUE

At 31 December 2024

2,087

At 31 December 2023

3,983

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

26,417

27,717

Other debtors

20,860

3,680

47,277

31,397

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

1,180

1,655

Taxation and social security

9,776

2,923

Other creditors

184,548

211,456

195,504

216,034

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

The Report of the Auditors was unqualified.

D.M.T Gould A.C.A, F.C.C.A (Senior Statutory Auditor)

for and on behalf of Ashmole and Co.

8.	PARENT COMPANY

The company is a wholly owned subsidiary of Bell Transport and Logistics Limited, a company incorporated in Ireland. The company's ultimate parent undertaking is Customs Investments SARL a company based in Luxembourg.