REGISTERED NUMBER: 03923937 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Easymove of Swindon Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L Chamberlain

J Lyall

REGISTERED OFFICE:

2 Cricklade Court

Old Town

Swindon

Wiltshire

SN1 3EY

REGISTERED NUMBER:

03923937 (England and Wales)

ACCOUNTANTS:

Morley & Co (UK) Ltd

Chartered Certified Accountants,

2 Cricklade Court

Old Town

Swindon

Wiltshire

SN1 3EY

FIXED ASSETS

Tangible assets

4

319,512

401,882

CURRENT ASSETS

Debtors

5

157,123

132,463

Cash at bank and in hand

32,162

82,497

189,285

214,960

CREDITORS

Amounts falling due within one year

6

102,937

100,698

NET CURRENT ASSETS

86,348

114,262

TOTAL ASSETS LESS CURRENT LIABILITIES

405,860

516,144

CREDITORS

Amounts falling due after more than one year

7

(63,687

)

(81,878

)

PROVISIONS FOR LIABILITIES

(69,193

)

(75,141

)

NET ASSETS

272,980

359,125

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

271,980

358,125

SHAREHOLDERS' FUNDS

272,980

359,125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 19 November 2025 and were signed on its behalf by:

L Chamberlain - Director

J Lyall - Director

1.	STATUTORY INFORMATION

Easymove of Swindon 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

20% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

Financial instruments

Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

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.

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.

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 10 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 March 2024

966

10,555

25,620

Additions

-

-

8,000

Disposals

-

-

-

At 28 February 2025

966

10,555

33,620

DEPRECIATION

At 1 March 2024

966

4,750

19,216

Charge for year

-

2,111

4,777

Eliminated on disposal

-

-

-

At 28 February 2025

966

6,861

23,993

NET BOOK VALUE

At 28 February 2025

-

3,694

9,627

At 29 February 2024

-

5,805

6,404

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 March 2024

6,183

644,246

18,840

706,410

Additions

-

95,774

-

103,774

Disposals

-

(130,101

)

-

(130,101

)

At 28 February 2025

6,183

609,919

18,840

680,083

DEPRECIATION

At 1 March 2024

4,888

257,589

17,119

304,528

Charge for year

683

96,527

745

104,843

Eliminated on disposal

-

(48,800

)

-

(48,800

)

At 28 February 2025

5,571

305,316

17,864

360,571

NET BOOK VALUE

At 28 February 2025

612

304,603

976

319,512

At 29 February 2024

1,295

386,657

1,721

401,882

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

Motor

vehicles

£

COST

At 1 March 2024

181,260

Additions

27,000

Disposals

(48,658

)

At 28 February 2025

159,602

DEPRECIATION

At 1 March 2024

29,134

Charge for year

30,571

Eliminated on disposal

(3,244

)

At 28 February 2025

56,461

NET BOOK VALUE

At 28 February 2025

103,141

At 29 February 2024

152,126

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade Debtors

74,540

64,909

Directors' current accounts

80,195

65,419

Prepayments

2,388

2,135

157,123

132,463

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,857

5,715

Hire purchase contracts

31,551

51,795

Trade Creditors

10,354

12,556

Tax

18,705

3,287

Social security and other taxes

1,908

1,997

VAT

27,452

19,885

Other Creditors

-

167

Credit Card Creditor

2,790

976

Accruals

4,320

4,320

102,937

100,698

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bounce back loan > 1 year

26,687

32,545

Hire purchase contracts

37,000

49,333

63,687

81,878

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the sum of £80,194 was owed by the directors to the company (2024: £65,419). Interest has been charged on overdrawn balances during the year as required at the HMRC approved interest rate.