REGISTERED NUMBER: 03755418 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Kangaroo (World Cargo) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

P J Duncan

M W Gilchrist

SECRETARY:

P J Duncan

REGISTERED OFFICE:

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

REGISTERED NUMBER:

03755418 (England and Wales)

ACCOUNTANTS:

Butt Miller

Chartered Accountants

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

FIXED ASSETS

Tangible assets

4

9,461

11,347

CURRENT ASSETS

Debtors

5

487,151

544,366

Cash at bank

340,249

455,388

827,400

999,754

CREDITORS

Amounts falling due within one year

6

(584,013

)

(596,814

)

NET CURRENT ASSETS

243,387

402,940

TOTAL ASSETS LESS CURRENT LIABILITIES

252,848

414,287

CREDITORS

Amounts falling due after more than one year

7

(4,167

)

(14,167

)

PROVISIONS FOR LIABILITIES

(2,364

)

(2,836

)

NET ASSETS

246,317

397,284

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

246,217

397,184

246,317

397,284

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 4 December 2025 and were signed on its behalf by:

P J Duncan - Director

1.	STATUTORY INFORMATION

Kangaroo (World Cargo) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 the 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

Transactions in currencies other than Pounds Sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation are included in the Income Statement for the period.

Operating leases

Rentals payable under operating leases are charged to the Income Statement on a straight-line basis over the period of the lease.

Pension costs and retirement benefits

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2024

7,090

58,890

65,980

Additions

-

1,267

1,267

At 31 March 2025

7,090

60,157

67,247

DEPRECIATION

At 1 April 2024

6,610

48,023

54,633

Charge for year

120

3,033

3,153

At 31 March 2025

6,730

51,056

57,786

NET BOOK VALUE

At 31 March 2025

360

9,101

9,461

At 31 March 2024

480

10,867

11,347

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

443,517

499,270

Other debtors

9,520

6,875

Tax

4,687

4,687

VAT

17,412

12,340

Prepayments

12,015

21,194

487,151

544,366

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans

10,000

10,000

Trade creditors

559,010

549,354

Tax

-

29,966

Social security and other taxes

8,118

2,604

Accruals

6,885

4,890

584,013

596,814

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

4,167

10,000

Bank loans - 2-5 years

-

4,167

4,167

14,167

8.	SECURITIES AND CHARGES

There is a debenture in place in favour of the company's bank comprising fixed and floating charges over all of the assets of the company.