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REGISTERED NUMBER: 08149969 (England and Wales)












Financial Statements

for the Year Ended 31 July 2023

for

EMMERSON TRANSPORT LTD

EMMERSON TRANSPORT LTD (REGISTERED NUMBER: 08149969)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EMMERSON TRANSPORT LTD

Company Information
for the Year Ended 31 July 2023







DIRECTOR: T Emmerson





REGISTERED OFFICE: C/O Hunter Simmons Ltd
EMP Building, Unit 1
4 Solent Road
HAVANT
Hampshire
PO9 1JH





REGISTERED NUMBER: 08149969 (England and Wales)





ACCOUNTANTS: Hunter Simmons Ltd
EMP Building
Unit 1, 4 Solent Road
Havant
Portsmouth
Hampshire
PO9 1JH

EMMERSON TRANSPORT LTD (REGISTERED NUMBER: 08149969)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,081,067 750,948

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 5 1,214,393 713,938
Cash at bank 128 93,825
1,219,521 812,763
CREDITORS
Amounts falling due within one year 6 898,634 733,724
NET CURRENT ASSETS 320,887 79,039
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,401,954

829,987

CREDITORS
Amounts falling due after more than one year 7 (429,957 ) (266,621 )

PROVISIONS FOR LIABILITIES (204,281 ) -
NET ASSETS 767,716 563,366

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 766,716 562,366
SHAREHOLDERS' FUNDS 767,716 563,366

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

EMMERSON TRANSPORT LTD (REGISTERED NUMBER: 08149969)

Balance Sheet - continued
31 July 2023


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 18 March 2024 and were signed by:





T Emmerson - Director


EMMERSON TRANSPORT LTD (REGISTERED NUMBER: 08149969)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Emmerson Transport Ltd 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 - 25% on reducing balance and 15% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2022 - 26 ) .

EMMERSON TRANSPORT LTD (REGISTERED NUMBER: 08149969)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022 1,318,469
Additions 564,675
Disposals (195,000 )
At 31 July 2023 1,688,144
DEPRECIATION
At 1 August 2022 567,521
Charge for year 134,982
Eliminated on disposal (95,426 )
At 31 July 2023 607,077
NET BOOK VALUE
At 31 July 2023 1,081,067
At 31 July 2022 750,948

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,214,393 584,807
Other debtors - 129,131
1,214,393 713,938

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 1,708 -
Hire purchase contracts 310,194 248,931
Trade creditors 368,843 302,650
Taxation and social security 101,133 101,079
Other creditors 116,756 81,064
898,634 733,724

EMMERSON TRANSPORT LTD (REGISTERED NUMBER: 08149969)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 317,843 133,410
Other creditors 112,114 133,211
429,957 266,621