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REGISTERED NUMBER: 05601425 (England and Wales)















FERRAND TRANSPORT LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023






FERRAND TRANSPORT LIMITED (REGISTERED NUMBER: 05601425)






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


FERRAND TRANSPORT LIMITED

COMPANY INFORMATION
for the year ended 31 July 2023







DIRECTORS: Mr M J Ferrand Esq.
Mr P M Ferrand Esq.





SECRETARY: Mrs C V Ferrand





REGISTERED OFFICE: 361 Rayleigh Road
Eastwood
Leigh-on-Sea
Essex
SS9 5PS





REGISTERED NUMBER: 05601425 (England and Wales)





ACCOUNTANTS: The Hudson Partnership
Chartered Certified Accountants
361 Rayleigh Road
Eastwood
Leigh-on-Sea
Essex
SS9 5PS

FERRAND TRANSPORT LIMITED (REGISTERED NUMBER: 05601425)

BALANCE SHEET
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 674,099 636,702

CURRENT ASSETS
Debtors 4 84,464 86,627
Cash at bank and in hand 2,406,454 1,633,266
2,490,918 1,719,893
CREDITORS
Amounts falling due within one year 5 841,459 277,834
NET CURRENT ASSETS 1,649,459 1,442,059
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,323,558

2,078,761

PROVISIONS FOR LIABILITIES 122,108 120,973
NET ASSETS 2,201,450 1,957,788

CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Retained earnings 2,200,450 1,956,788
SHAREHOLDERS' FUNDS 2,201,450 1,957,788

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 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.

FERRAND TRANSPORT LIMITED (REGISTERED NUMBER: 05601425)

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 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 27 February 2024 and were signed on its behalf by:





Mr M J Ferrand Esq. - Director


FERRAND TRANSPORT LIMITED (REGISTERED NUMBER: 05601425)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 July 2023

1. 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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 33% on reducing balance

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
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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2022 - 28 ) .

FERRAND TRANSPORT LIMITED (REGISTERED NUMBER: 05601425)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2023

3. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2022 336,502 25,574 1,310,122 4,435 1,676,633
Additions - - 173,396 3,564 176,960
Disposals - - (96,500 ) - (96,500 )
At 31 July 2023 336,502 25,574 1,387,018 7,999 1,757,093
DEPRECIATION
At 1 August 2022 312,631 24,346 698,725 4,229 1,039,931
Charge for year 4,774 246 99,749 979 105,748
Eliminated on disposal - - (62,685 ) - (62,685 )
At 31 July 2023 317,405 24,592 735,789 5,208 1,082,994
NET BOOK VALUE
At 31 July 2023 19,097 982 651,229 2,791 674,099
At 31 July 2022 23,871 1,228 611,397 206 636,702

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 57,348 58,176
Other debtors 27,116 28,451
84,464 86,627

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 49,383 87,689
Taxation and social security 338,147 182,995
Other creditors 453,929 7,150
841,459 277,834

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary £1 1,000 1,000