ACB Shipping Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06771417 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

ACB Shipping Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs EV Kolobova

REGISTERED OFFICE:

12 Mason's Avenue

London

EC2V 5BT

REGISTERED NUMBER:

06771417 (England and Wales)

FIXED ASSETS

Tangible assets

4

72,086

80,481

Investments

5

15,363

87,449

95,844

CURRENT ASSETS

Debtors

6

1,801,033

2,599,030

Cash at bank

75,220

1,303,392

1,876,253

3,902,422

CREDITORS

Amounts falling due within one year

7

1,489,306

3,506,891

NET CURRENT ASSETS

386,947

395,531

TOTAL ASSETS LESS CURRENT
LIABILITIES

474,396

491,375

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

474,296

491,275

SHAREHOLDERS' FUNDS

474,396

491,375

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 her 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 20 August 2026 and were signed by:

Mrs EV Kolobova - Director

1.	STATUTORY INFORMATION

ACB Shipping 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.

Preparation of consolidated financial statements

The financial statements contain information about ACB Shipping Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of consideration received or receivable for services rendered, net of value added tax, and is recognised when the following conditions are fulfilled:

- The amount received or receivable can be measured reliably;

- It is probable that the economic benefits associated with the transaction will flow to the company; - - The stage of completion of the transaction at the end of the reporting period can be measured reliably; and

- The costs incurred for the transaction and the costs to complete the transaction can be measured reliably.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on cost

The Artwork is not depreciated as the directors consider its residual value to be higher than the cost.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

Foreign currencies

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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

COST

At 1 January 2025

and 31 December 2025

46,900

59,699

106,599

DEPRECIATION

At 1 January 2025

-

26,118

Charge for year

-

8,395

At 31 December 2025

-

34,513

NET BOOK VALUE

At 31 December 2025

46,900

25,186

72,086

At 31 December 2024

46,900

33,581

80,481

The fixed asset is Artwork which is not depreciated as the directors consider its residual value to be higher than the cost.

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

15,363

NET BOOK VALUE

At 31 December 2025

15,363

At 31 December 2024

15,363

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

-

38,278

Amounts owed by group undertakings

-

350,673

VAT

374

-

Prepayments and accrued income

1,800,659

2,210,079

1,801,033

2,599,030

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

1,380,426

242,182

Amounts owed to group undertakings

23

1,459,776

Tax

18,616

14,461

Accruals and deferred income

90,241

-

Accrued expenses

-

1,790,472

1,489,306

3,506,891

The amount due to group undertakings relates to Advance Shipping Limited.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary shares

£1

100

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Advance Shipping Limited.

Throughout the year the company was under the control of Advance Shipping Holding Limited, a company in which EV Kolobova and AS Drury hold 100% of the issued share capital.