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REGISTERED NUMBER: 04402842 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Dave Pollard Transport Limited

Dave Pollard Transport Limited (Registered number: 04402842)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dave Pollard Transport Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: D J Pollard





SECRETARY: Mrs D Campbell





REGISTERED OFFICE: 128 High Street
Crediton
Devon
EX17 3LQ





REGISTERED NUMBER: 04402842 (England and Wales)





ACCOUNTANTS: Bedford & Co Limited
128 High Street
Crediton
Devon
EX17 3LQ

Dave Pollard Transport Limited (Registered number: 04402842)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,530,215 1,559,260

CURRENT ASSETS
Stocks 182,701 178,250
Debtors 5 625,432 756,332
808,133 934,582
CREDITORS
Amounts falling due within one year 6 948,710 1,163,777
NET CURRENT LIABILITIES (140,577 ) (229,195 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,389,638

1,330,065

CREDITORS
Amounts falling due after more than one
year

7

(362,826

)

(392,424

)

PROVISIONS FOR LIABILITIES (363,904 ) (258,177 )
NET ASSETS 662,908 679,464

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 662,907 679,463
SHAREHOLDERS' FUNDS 662,908 679,464

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

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

Dave Pollard Transport Limited (Registered number: 04402842)

Balance Sheet - continued
31 December 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 24 September 2024 and were signed by:





D J Pollard - Director


Dave Pollard Transport Limited (Registered number: 04402842)

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

1. STATUTORY INFORMATION

Dave Pollard 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.

The company's place of business is Sentrys, Black Dog, Crediton, Devon, EX17 4RA.

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 from the sale of services, excluding discounts, rebates, value added tax and other sales taxes.
Revenue is recognised when services are delivered to customers such that risks and rewards of ownership have been transferred to them and that there is sufficient reliable evidence that delivery of goods has occurred.

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 reducing balance, 25% on reducing balance and 20% on reducing balance

Stocks
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Cost is calculated on a first in first out basis.

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.

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 21 (2022 - 20 ) .

Dave Pollard Transport Limited (Registered number: 04402842)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 3,784,119
Additions 315,012
Disposals (50,450 )
At 31 December 2023 4,048,681
DEPRECIATION
At 1 January 2023 2,224,859
Charge for year 336,488
Eliminated on disposal (42,881 )
At 31 December 2023 2,518,466
NET BOOK VALUE
At 31 December 2023 1,530,215
At 31 December 2022 1,559,260

Included in the above figures are assets under hire purchase and finance lease agreements with a net book value of £1,577,557 (2022 - £1,034,203). The depreciation charged on these assets during the year was (£177,761 (2022 - £251.505).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 616,751 746,536
Other debtors 8,681 9,796
625,432 756,332

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 70,856 106,627
Hire purchase contracts 305,347 311,461
Trade creditors 213,326 254,757
Taxation and social security 88,253 143,380
Other creditors 270,928 347,552
948,710 1,163,777

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 22,177 40,601
Hire purchase contracts 340,649 351,823
362,826 392,424

Dave Pollard Transport Limited (Registered number: 04402842)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Bank loans 40,019 58,443
Hire purchase contracts 645,996 663,284
686,015 721,727

The company's bankers Barclays Bank Plc hold a fixed and floating charge over the company's assets dated 28th April 2010.
Barclays Security Trustee Ltd also hold a fixed and floating charge over the company's assets dated 20th September 2018.