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Registered number: 07110358
SCH Logistics Solutions Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07110358
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 326,147 146,583
326,147 146,583
CURRENT ASSETS
Stocks 5 27,000 -
Debtors 6 332,134 258,181
Cash at bank and in hand 4,032 17,760
363,166 275,941
Creditors: Amounts Falling Due Within One Year 7 (593,624 ) (409,311 )
NET CURRENT ASSETS (LIABILITIES) (230,458 ) (133,370 )
TOTAL ASSETS LESS CURRENT LIABILITIES 95,689 13,213
Creditors: Amounts Falling Due After More Than One Year 8 (99,049 ) (54,239 )
NET LIABILITIES (3,360 ) (41,026 )
CAPITAL AND RESERVES
Called up share capital 10 200 200
Share premium account 129,900 129,900
Profit and Loss Account (133,460 ) (171,126 )
SHAREHOLDERS' FUNDS (3,360) (41,026)
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For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Wayne Hackett
Director
10/12/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
SCH Logistics Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07110358 . The registered office is Unit 11 Outgang Lane, Dinnington, Sheffield, S25 3QZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance or 33% straight line
Motor Vehicles 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 18 (2024: 15)
18 15
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2024 51,167 240,245 291,412
Additions 125,466 110,750 236,216
As at 31 March 2025 176,633 350,995 527,628
Depreciation
As at 1 April 2024 36,076 108,753 144,829
Provided during the period 12,558 44,094 56,652
As at 31 March 2025 48,634 152,847 201,481
Net Book Value
As at 31 March 2025 127,999 198,148 326,147
As at 1 April 2024 15,091 131,492 146,583
5. Stocks
2025 2024
£ £
Stock 27,000 -
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 288,149 234,328
Other debtors 43,985 23,853
332,134 258,181
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 37,372 52,273
Trade creditors 347,532 188,440
Bank loans and overdrafts 11,692 10,000
Other loans 2,625 36,929
Other creditors 11,362 27,677
Taxation and social security 183,041 93,992
593,624 409,311
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8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 98,942 40,481
Bank loans 107 10,981
Other loans - 2,777
99,049 54,239
9. Secured Creditors
The following crediotr includes secured factoring creditor, hire purchase contracts and other finance loans.
The factoring creditor is secured against specific debts to which it relates, the hire purchase
contracts are secured against the assets to which they relate and the other finance loans are
secured by personal guarantees given by the current and former directors.
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 200 200
11. Ultimate Controlling Party
The directors consider that there is no individual controlling party.
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