REGISTERED NUMBER: 03608044 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Inter Ship (U.K.) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D M Kuhr-Jones

SECRETARY:

Mrs D E Kuhr-Jones

REGISTERED OFFICE:

32 Scale Lane

Hull

East Yorkshire

HU1 1LF

REGISTERED NUMBER:

03608044 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,482

1,976

Investments

5

109

109

1,591

2,085

CURRENT ASSETS

Debtors

6

81,220

66,780

Cash at bank

53

877

81,273

67,657

CREDITORS

Amounts falling due within one year

7

65,515

45,244

NET CURRENT ASSETS

15,758

22,413

TOTAL ASSETS LESS CURRENT LIABILITIES

17,349

24,498

CREDITORS

Amounts falling due after more than one year

8

-

2,750

NET ASSETS

17,349

21,748

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Retained earnings

12,349

16,748

17,349

21,748

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 June 2026 and were signed by:

D M Kuhr-Jones - Director

1.	STATUTORY INFORMATION

Inter Ship (U.K.) 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 each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 20% 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

28,531

DEPRECIATION

At 1 January 2025

26,555

Charge for year

494

At 31 December 2025

27,049

NET BOOK VALUE

At 31 December 2025

1,482

At 31 December 2024

1,976

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

21,083

DEPRECIATION

At 1 January 2025

19,107

Charge for year

494

At 31 December 2025

19,601

NET BOOK VALUE

At 31 December 2025

1,482

At 31 December 2024

1,976

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2025

and 31 December 2025

1,011

PROVISIONS

At 1 January 2025

and 31 December 2025

902

NET BOOK VALUE

At 31 December 2025

109

At 31 December 2024

109

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

76,593

62,712

Other debtors

4,627

4,068

81,220

66,780

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

19,159

4,000

Hire purchase contracts

323

2,258

Trade creditors

26,804

16,609

Taxation and social security

4,947

4,626

Other creditors

14,282

17,751

65,515

45,244

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

-

2,750

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

2,840

6,750

Hire purchase contracts

323

2,258

3,163

9,008

Amounts due under hire purchase are secured against the assets to which the liability relates .

The bank loan is secured against a fixed and floating charge over the company's assets.

10.	RELATED PARTY DISCLOSURES

During the year the company made payments to Mr and Mrs Kuhr-Jones for the rental of the business premises. The amounts are detailed below:

31.12.25

31.12.24

£

£

Rents paid

4,200

4,200