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REGISTERED NUMBER: 00385765 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2024

for

S.Ball & Son Transport Limited

S.Ball & Son Transport Limited (Registered number: 00385765)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S.Ball & Son Transport Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: S M Ball





REGISTERED OFFICE: Ground Floor, The Old Barn
Lady Farm
Chelwood
Bristol
BS39 4NN





REGISTERED NUMBER: 00385765 (England and Wales)





ACCOUNTANTS: Underwood Lamb Professional Services Ltd
Ground Floor, The Old Barn
Lady Farm
Chelwood
Bristol
BS39 4NN

S.Ball & Son Transport Limited (Registered number: 00385765)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,581,000 1,581,000

CURRENT ASSETS
Debtors 5 4,787 4,954
Cash at bank 582,007 506,378
586,794 511,332
CREDITORS
Amounts falling due within one year 6 43,393 34,058
NET CURRENT ASSETS 543,401 477,274
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,124,401

2,058,274

PROVISIONS FOR LIABILITIES 38,821 38,821
NET ASSETS 2,085,580 2,019,453

CAPITAL AND RESERVES
Called up share capital 23,676 23,676
Profit and loss
Non-distributable
revaluation reserve 7 155,283 155,283
Other reserves 7 20,987 20,987
Retained earnings 7 1,885,634 1,819,507
SHAREHOLDERS' FUNDS 2,085,580 2,019,453

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

S.Ball & Son Transport Limited (Registered number: 00385765)

Balance Sheet - continued
31 March 2024


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 8 August 2024 and were signed by:





S M Ball - Director


S.Ball & Son Transport Limited (Registered number: 00385765)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

S.Ball & Son Transport 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 represents amounts receivable for rent (recognised evenly over the rental period) and management charges and is shown net of Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Investment properties - not provided
Fixtures and fittings - 20% on 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

S.Ball & Son Transport Limited (Registered number: 00385765)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Investment and
properties fittings Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 1,581,000 6,115 1,587,115
DEPRECIATION
At 1 April 2023
and 31 March 2024 - 6,115 6,115
NET BOOK VALUE
At 31 March 2024 1,581,000 - 1,581,000
At 31 March 2023 1,581,000 - 1,581,000

The investment properties were last revalued on an open market basis by a former director, Z T Boulton, as at 31 March 2011. In the opinion of the director, there has been no material change in their market value since that date. Under the provisions of FRS102, deferred tax of £38,821 was provided on transition at 01.04.15.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 211 730
Other debtors 4,576 4,224
4,787 4,954

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 3,150 3,055
Taxation and social security 24,410 19,745
Other creditors 15,833 11,258
43,393 34,058

7. RESERVES
Profit
and loss
Non-distributable
Retained revaluation Other
earnings reserve reserves Totals
£    £    £    £   

At 1 April 2023 1,819,507 155,283 20,987 1,995,777
Profit for the year 67,127 67,127
Dividends (1,000 ) (1,000 )
At 31 March 2024 1,885,634 155,283 20,987 2,061,904

S.Ball & Son Transport Limited (Registered number: 00385765)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. ULTIMATE PARENT COMPANY AND CONTROLLING PARTY

The ultimate controlling party is S M Ball.

The immediate and ultimate parent company is S Ball & Son Holdings Limited, a company incorporated in the United Kingdom and registered in England and Wales. On the grounds that its group is small, S Ball & Son Holdings Limited does not prepare consolidated financial statements. The ultimate controlling party of S Ball & Son Holdings Limited is its sole director and shareholder, S M A Ball.