REGISTERED NUMBER: 06537221 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2025

FOR

SIMS LOGISTICS LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

T P Casson

K H Daniels-Sims

Mrs L Daniels-Sims

REGISTERED OFFICE:

Trade Winds House

Barton Road

Heaton Mersey

Stockport

Cheshire

SK4 3EG

REGISTERED NUMBER:

06537221 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

FIXED ASSETS

Tangible assets

4

1,842

1,471

Investments

5

400

400

2,242

1,871

CURRENT ASSETS

Debtors

6

492,664

496,956

Cash at bank

24,409

43,586

517,073

540,542

CREDITORS

Amounts falling due within one year

7

363,227

378,162

NET CURRENT ASSETS

153,846

162,380

TOTAL ASSETS LESS CURRENT LIABILITIES

156,088

164,251

CREDITORS

Amounts falling due after more than one year

8

(22,141

)

(28,119

)

PROVISIONS FOR LIABILITIES

(350

)

(279

)

NET ASSETS

133,597

135,853

CAPITAL AND RESERVES

Called up share capital

10

125

125

Retained earnings

133,472

135,728

SHAREHOLDERS' FUNDS

133,597

135,853

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 21st August 2026 and were signed on its behalf by:

K H Daniels-Sims - Director

T P Casson - Director

1.	STATUTORY INFORMATION

Sims Logistics 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.

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.

Plant and machinery etc

-

33% on 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 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 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.

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 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st December 2024

11,626

Additions

1,751

At 30th November 2025

13,377

DEPRECIATION

At 1st December 2024

10,155

Charge for year

1,380

At 30th November 2025

11,535

NET BOOK VALUE

At 30th November 2025

1,842

At 30th November 2024

1,471

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st December 2024

and 30th November 2025

400

NET BOOK VALUE

At 30th November 2025

400

At 30th November 2024

400

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

171,677

241,626

Other debtors

320,987

255,330

492,664

496,956

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,978

5,831

Trade creditors

300,292

257,095

Taxation and social security

3,500

5,565

Other creditors

53,457

109,671

363,227

378,162

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

22,141

28,119

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

3,283

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

28,119

33,950

Invoice financing

17,395

53,372

45,514

87,322

Bank loans and overdraft are secured by a fixed and floating charge over all assets of the company.

Invoice financing is secured on trade debtors and other assets of the company.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

125

Ordinary

£1

125

125

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th November 2025 and 30th November 2024:

2025

2024

£

£

K H Daniels-Sims and Mrs L Daniels-Sims

Balance outstanding at start of year

82,676

56,024

Amounts advanced

9,421

26,652

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

92,097

82,676