REGISTERED NUMBER: 06796228 (England and Wales)

REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE PERIOD 30 APRIL 2024 TO 28 APRIL 2025

FOR

CHEAPINK LIMITED

Page

Company Information

1

Report of the Director

2

Balance Sheet

3

to

4

Notes to the Financial Statements

5

to

7

DIRECTOR:

Mr C Kilgour

REGISTERED OFFICE:

Britannic House

657 Liverpool Road

Irlam

Manchester

M44 5XD

BUSINESS ADDRESS:

High Winds House

Tanners Croft

Ramsbottom

Lancashire

BL0 9EY

REGISTERED NUMBER:

06796228 (England and Wales)

ACCOUNTANTS:

Cadishead Accountancy Services Limited

Britannic House

657 Liverpool Road

Irlam

Manchester

Lancashire

M44 5XD

The director presents his report with the financial statements of the company for the period 30 April 2024 to 28 April 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the period under review was that of a holding company.

DIRECTOR

Mr C Kilgour held office during the whole of the period from 30 April 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr C Kilgour - Director

28 April 2026

FIXED ASSETS

Tangible assets

4

40

53

CURRENT ASSETS

Debtors

5

13,829

65,288

Cash at bank

1,340

765

15,169

66,053

CREDITORS

Amounts falling due within one year

6

(14,040

)

(56,289

)

NET CURRENT ASSETS

1,129

9,764

TOTAL ASSETS LESS CURRENT LIABILITIES

1,169

9,817

CREDITORS

Amounts falling due after more than one year

7

(1,096

)

(9,748

)

NET ASSETS

73

69

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

71

67

SHAREHOLDERS' FUNDS

73

69

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 April 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 April 2026 and were signed by:

Mr C Kilgour - Director

1.	STATUTORY INFORMATION

Cheapink 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.

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.

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

-

25% on reducing balance

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 30 April 2024

and 28 April 2025

2,371

DEPRECIATION

At 30 April 2024

2,318

Charge for period

13

At 28 April 2025

2,331

NET BOOK VALUE

At 28 April 2025

40

At 29 April 2024

53

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.4.25

29.4.24

£

£

Amounts owed by group undertakings

13,417

-

Other debtors

412

65,288

13,829

65,288

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.4.25

29.4.24

£

£

Bank loans and overdrafts

7,548

6,598

Trade creditors

1,078

1,057

Amounts owed to group undertakings

4,335

47,578

Other creditors

1,079

1,056

14,040

56,289

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.4.25

29.4.24

£

£

Bank loans

1,096

9,748

8.	SECURED DEBTS

The following secured debts are included within creditors:

28.4.25

29.4.24

£

£

Bank loans

8,644

16,346

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 28 April 2025 and the year ended 29 April 2024:

28.4.25

29.4.24

£

£

Mr C Kilgour

Balance outstanding at start of period

33,141

-

Amounts advanced

-

33,141

Amounts repaid

(32,729

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

412

33,141

10.	RELATED PARTY DISCLOSURES

TMHL Holdings Limited is a subsidiary undertaking, at the year end dated Cheapink Limited was owed £13,417 (2024 - £nil) and owed £nil (2024 - £43,243) from/to TMHL Holdings Limited.

The Money Hive Limited is a subsidiary undertaking, at the year end dated Cheapink Limited owed £4,335 (2024 - £4,335) to The Money Hive Limited.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr C Kilgour.