| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2025 |
| FOR |
| BUCKLE MANAGEMENT & HOLDINGS LIMITED |
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2025 |
| FOR |
| BUCKLE MANAGEMENT & HOLDINGS LIMITED |
| BUCKLE MANAGEMENT & HOLDINGS LIMITED (REGISTERED NUMBER: 00896030) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 30th April 2025 |
| Page |
| Company Information | 1 |
| Abridged Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| BUCKLE MANAGEMENT & HOLDINGS LIMITED |
| COMPANY INFORMATION |
| for the year ended 30th April 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Statutory Auditors |
| Chartered Accountants |
| Priestley House |
| Priestley Gardens |
| Chadwell Heath |
| Essex, RM6 4SN |
| BUCKLE MANAGEMENT & HOLDINGS LIMITED (REGISTERED NUMBER: 00896030) |
| ABRIDGED BALANCE SHEET |
| 30th April 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| BUCKLE MANAGEMENT & HOLDINGS LIMITED (REGISTERED NUMBER: 00896030) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 30th April 2025 |
| 1. | STATUTORY INFORMATION |
| Buckle Management & Holdings Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management. |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Computer equipment - 33% on 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. |
| 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. |
| Hire purchase and leasing commitments |
| 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. |
| BUCKLE MANAGEMENT & HOLDINGS LIMITED (REGISTERED NUMBER: 00896030) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30th April 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Group accounts |
| The Company and its subsidiaries comprise a small group. The Company has therefore taken advantage of exemptions provided by section 398 of the Companies Act 2006 not to produce group accounts. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1st May 2024 |
| and 30th April 2025 |
| DEPRECIATION |
| At 1st May 2024 |
| Charge for year |
| At 30th April 2025 |
| NET BOOK VALUE |
| At 30th April 2025 |
| At 30th April 2024 |
| 5. | FIXED ASSET INVESTMENTS |
| Information on investments other than loans is as follows: |
| Totals |
| £ |
| COST |
| At 1st May 2024 |
| and 30th April 2025 | 13,869 |
| NET BOOK VALUE |
| At 30th April 2025 | 13,869 |
| At 30th April 2024 | 13,869 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Registered office: |
| Nature of business: |
| % |
| Class of shares: | holding |
| BUCKLE MANAGEMENT & HOLDINGS LIMITED (REGISTERED NUMBER: 00896030) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30th April 2025 |
| 5. | FIXED ASSET INVESTMENTS - continued |
| Registered office: |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2025 | 2024 |
| £ | £ |
| Aggregate capital and reserves |
| Registered office: |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2025 | 2024 |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| Registered office: |
| Nature of business: |
| % |
| Class of shares: | holding |
| The percentage holding stated represents the direct holding of each Company's issued share capital. |
| Walcabe Freight Forwarding Limited was put into liquidation on 12 January 2024. |
| In the opinion of the directors, the carrying value of the fixed asset investments are fairly stated and no impairment review is required. |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted and issued: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary shares | £1 | 2,000 | 2,000 |
| 7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| BUCKLE MANAGEMENT & HOLDINGS LIMITED (REGISTERED NUMBER: 00896030) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30th April 2025 |
| 8. | RELATED PARTY DISCLOSURES |
| Management charges were made to the following subsidiary companies:- |
| Sales ledger | Sales ledger |
| transactions | transactions |
| 30/4/2025 | 30/4/2024 |
| BMW Shipping Agents Limited | 27,387 | 22,333 |
| Buckle Shipping (Ipswich) Limited | 72,800 | 60,000 |
| Walcabe Freight Forwarding Limited | - | - |
| 100,187 | 82,333 |
| The above trading transactions represent management charges to group companies. |
| Balance at | Balance at |
| 30/4/2025 | 30/4/2024 |
| Buckle Shipping (Ipswich) Limited | - | - |
| Buckle Shipping Limited | (1,000 | ) | (1,000 | ) |
| BMW Shipping Agents Limited | - | (8,695 | ) |
| Walcabe Freight Forwarding Limited | - | - |
| (1,000 | ) | (9,695 | ) |
| The above balances represent amounts due group companies at the balance sheet date. |
| Other Related Party Transactions |
| Dividends of £30,000 (2024: £30,000) were paid to the directors in the year. |
| 9. | FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES |
| In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The shareholding is such that there is no controlling interest. |