Company Registration No. 02179142 (England and Wales)
Cord International Limited
Unaudited accounts
for the year ended 31 December 2025
Cord International Limited
Unaudited accounts
Contents
Cord International Limited
Company Information
for the year ended 31 December 2025
Company Number
02179142 (England and Wales)
Registered Office
Longfrey Cottage
Dorking Road
Chilworth
Guildford
Surrey
GU4 8RH
England
Accountants
Surrey Hills Accountancy Limited
The Old Workshop
Longfrey Cottage
Dorking Road
Chilworth
GU4 8RH
Cord International Limited
Statement of financial position
as at 31 December 2025
Tangible assets
115,893
146,567
Investments
6,250,000
6,250,000
Cash at bank and in hand
3,094,987
2,749,073
Creditors: amounts falling due within one year
(178,590)
(441,579)
Net current assets
3,113,588
2,560,472
Total assets less current liabilities
9,479,481
8,957,039
Provisions for liabilities
Deferred tax
(28,973)
(15,201)
Net assets
9,450,508
8,941,838
Called up share capital
40
40
Capital redemption reserve
60
60
Profit and loss account
9,450,408
8,941,738
Shareholders' funds
9,450,508
8,941,838
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 May 2026 and were signed on its behalf by
Daniel Wilson
Director
Company Registration No. 02179142
Cord International Limited
Notes to the Accounts
for the year ended 31 December 2025
Cord International Limited is a private company, limited by shares, registered in England and Wales, registration number 02179142. The registered office is Longfrey Cottage, Dorking Road, Chilworth, Guildford, Surrey, GU4 8RH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Land not depreciated; Buildings 25 years straight line on cost
Motor vehicles
25% on net book value
Fixtures & fittings
33.3% straight line on cost
The company has not prepared consolidated accounts as it qualifies for the exemption as a small group.
Cord International Limited
Notes to the Accounts
for the year ended 31 December 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
126,762
101,620
42,072
270,454
Disposals
-
(34,750)
-
(34,750)
At 31 December 2025
126,762
66,870
47,699
241,331
At 1 January 2025
41,000
46,026
36,861
123,887
Charge for the year
3,573
9,012
4,169
16,754
On disposals
-
(15,203)
-
(15,203)
At 31 December 2025
44,573
39,835
41,030
125,438
At 31 December 2025
82,189
27,035
6,669
115,893
At 31 December 2024
85,762
55,594
5,211
146,567
5
Investments
Subsidiary undertakings
Valuation at 1 January 2025
6,250,000
Valuation at 31 December 2025
6,250,000
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or
more of the nominal value of any class of share capital are as follows:
Undertaking - BTS-Fleet Kazakhstan LLP
Registered Office - Atyrau, 12A, Atambayev St. Republic of Kazakhstan
Holding - Ordinary shares
Proportion of voting rights and shares held:
2025: 100%
2024: 100%
Amounts falling due within one year
Trade debtors
16,406
192,230
Accrued income and prepayments
98,517
28,918
Cord International Limited
Notes to the Accounts
for the year ended 31 December 2025
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
87,463
129,169
Taxes and social security
83,053
226,490
Other creditors
1,969
49,955
Allotted, called up and fully paid:
40 Ordinary of £1 each of £1 each
40
40
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
(49,863)
360,000
250,000
60,137
(49,863)
360,000
250,000
60,137
10
Transactions with related parties
The company has taken advantage of the exemption available in FRS102 section 33.1A "Related Party Transactions" whereby it has not disclosed transactions that have taken place between two or more members of group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member.
11
Average number of employees
During the year the average number of employees was 5 (2024: 6).