2023-06-012024-05-312024-05-31false12591469BRADGATE TRANSPORT LTD2024-07-29iso4217:GBPxbrli:pure125914692023-06-01125914692024-05-31125914692023-06-012024-05-31125914692022-06-01125914692023-05-31125914692022-06-012023-05-3112591469bus:SmallEntities2023-06-012024-05-3112591469bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3112591469bus:FullAccounts2023-06-012024-05-3112591469bus:PrivateLimitedCompanyLtd2023-06-012024-05-3112591469core:WithinOneYear2024-05-3112591469core:AfterOneYear2024-05-3112591469core:WithinOneYear2023-05-3112591469core:AfterOneYear2023-05-3112591469core:ShareCapital2024-05-3112591469core:SharePremium2024-05-3112591469core:RevaluationReserve2024-05-3112591469core:OtherReservesSubtotal2024-05-3112591469core:RetainedEarningsAccumulatedLosses2024-05-3112591469core:ShareCapital2023-05-3112591469core:SharePremium2023-05-3112591469core:RevaluationReserve2023-05-3112591469core:OtherReservesSubtotal2023-05-3112591469core:RetainedEarningsAccumulatedLosses2023-05-3112591469core:LandBuildings2024-05-3112591469core:PlantMachinery2024-05-3112591469core:Vehicles2024-05-3112591469core:FurnitureFittings2024-05-3112591469core:OfficeEquipment2024-05-3112591469core:NetGoodwill2024-05-3112591469core:IntangibleAssetsOtherThanGoodwill2024-05-3112591469core:ListedExchangeTraded2024-05-3112591469core:UnlistedNon-exchangeTraded2024-05-3112591469core:LandBuildings2023-05-3112591469core:PlantMachinery2023-05-3112591469core:Vehicles2023-05-3112591469core:FurnitureFittings2023-05-3112591469core:OfficeEquipment2023-05-3112591469core:NetGoodwill2023-05-3112591469core:IntangibleAssetsOtherThanGoodwill2023-05-3112591469core:ListedExchangeTraded2023-05-3112591469core:UnlistedNon-exchangeTraded2023-05-3112591469core:LandBuildings2023-06-012024-05-3112591469core:PlantMachinery2023-06-012024-05-3112591469core:Vehicles2023-06-012024-05-3112591469core:FurnitureFittings2023-06-012024-05-3112591469core:OfficeEquipment2023-06-012024-05-3112591469core:NetGoodwill2023-06-012024-05-3112591469core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3112591469core:ListedExchangeTraded2023-06-012024-05-3112591469core:UnlistedNon-exchangeTraded2023-06-012024-05-3112591469core:MoreThanFiveYears2023-06-012024-05-3112591469core:Non-currentFinancialInstruments2024-05-3112591469core:Non-currentFinancialInstruments2023-05-3112591469dpl:CostSales2023-06-012024-05-3112591469dpl:DistributionCosts2023-06-012024-05-3112591469core:LandBuildings2023-06-012024-05-3112591469core:PlantMachinery2023-06-012024-05-3112591469core:Vehicles2023-06-012024-05-3112591469core:FurnitureFittings2023-06-012024-05-3112591469core:OfficeEquipment2023-06-012024-05-3112591469dpl:AdministrativeExpenses2023-06-012024-05-3112591469core:NetGoodwill2023-06-012024-05-3112591469core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3112591469dpl:GroupUndertakings2023-06-012024-05-3112591469dpl:ParticipatingInterests2023-06-012024-05-3112591469dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3112591469core:ListedExchangeTraded2023-06-012024-05-3112591469dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3112591469core:UnlistedNon-exchangeTraded2023-06-012024-05-3112591469dpl:CostSales2022-06-012023-05-3112591469dpl:DistributionCosts2022-06-012023-05-3112591469core:LandBuildings2022-06-012023-05-3112591469core:PlantMachinery2022-06-012023-05-3112591469core:Vehicles2022-06-012023-05-3112591469core:FurnitureFittings2022-06-012023-05-3112591469core:OfficeEquipment2022-06-012023-05-3112591469dpl:AdministrativeExpenses2022-06-012023-05-3112591469core:NetGoodwill2022-06-012023-05-3112591469core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3112591469dpl:GroupUndertakings2022-06-012023-05-3112591469dpl:ParticipatingInterests2022-06-012023-05-3112591469dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3112591469core:ListedExchangeTraded2022-06-012023-05-3112591469dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3112591469core:UnlistedNon-exchangeTraded2022-06-012023-05-3112591469core:NetGoodwill2024-05-3112591469core:IntangibleAssetsOtherThanGoodwill2024-05-3112591469core:LandBuildings2024-05-3112591469core:PlantMachinery2024-05-3112591469core:Vehicles2024-05-3112591469core:FurnitureFittings2024-05-3112591469core:OfficeEquipment2024-05-3112591469core:AfterOneYear2024-05-3112591469core:WithinOneYear2024-05-3112591469core:ListedExchangeTraded2024-05-3112591469core:UnlistedNon-exchangeTraded2024-05-3112591469core:ShareCapital2024-05-3112591469core:SharePremium2024-05-3112591469core:RevaluationReserve2024-05-3112591469core:OtherReservesSubtotal2024-05-3112591469core:RetainedEarningsAccumulatedLosses2024-05-3112591469core:NetGoodwill2023-05-3112591469core:IntangibleAssetsOtherThanGoodwill2023-05-3112591469core:LandBuildings2023-05-3112591469core:PlantMachinery2023-05-3112591469core:Vehicles2023-05-3112591469core:FurnitureFittings2023-05-3112591469core:OfficeEquipment2023-05-3112591469core:AfterOneYear2023-05-3112591469core:WithinOneYear2023-05-3112591469core:ListedExchange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BRADGATE TRANSPORT LTD

Registered Number
12591469
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

BRADGATE TRANSPORT LTD
Company Information
for the year from 1 June 2023 to 31 May 2024

Director

Jonathan Seal

Registered Address

17 St. Christophers Road
Ellistown
Coalville
LE67 1FE

Registered Number

12591469 (England and Wales)
BRADGATE TRANSPORT LTD
Balance Sheet as at
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets34,9007,350
Tangible assets420,51323,570
25,41330,920
Current assets
Debtors510,10011,718
Cash at bank and on hand27,56325,229
37,66336,947
Creditors amounts falling due within one year6(43,060)(53,490)
Net current assets (liabilities)(5,397)(16,543)
Total assets less current liabilities20,01614,377
Net assets20,01614,377
Capital and reserves
Called up share capital11
Profit and loss account20,01514,376
Shareholders' funds20,01614,377
The financial statements were approved and authorised for issue by the Director on 29 July 2024, and are signed on its behalf by:
Jonathan Seal
Director
Registered Company No. 12591469
BRADGATE TRANSPORT LTD
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Plant and machinery25-
Office Equipment-30
2.Average number of employees

20242023
Average number of employees during the year11
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 June 2312,25012,250
At 31 May 2412,25012,250
Amortisation and impairment
At 01 June 234,9004,900
Charge for year2,4502,450
At 31 May 247,3507,350
Net book value
At 31 May 244,9004,900
At 31 May 237,3507,350
4.Tangible fixed assets

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 June 2326,00059926,599
Additions3,3492063,555
At 31 May 2429,34980530,154
Depreciation and impairment
At 01 June 232,6303993,029
Charge for year6,4012116,612
At 31 May 249,0316109,641
Net book value
At 31 May 2420,31819520,513
At 31 May 2323,37020023,570
5.Debtors: amounts due within one year

2024

2023

££
Other debtors-2,516
Prepayments and accrued income10,1009,202
Total10,10011,718
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables-6,644
Taxation and social security8,0365,781
Other creditors34,06740,108
Accrued liabilities and deferred income957957
Total43,06053,490
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.