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REGISTERED NUMBER: 04595556 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

Trevor Denford Transport Ltd.

Trevor Denford Transport Ltd. (Registered number: 04595556)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


Trevor Denford Transport Ltd.

COMPANY INFORMATION
for the year ended 31 December 2024







Director: Mr T W Denford





Secretary: Mrs D Denford





Registered office: Abacus House
129 North Hill
Plymouth
Devon
PL4 8JY





Business address: Unit 4 Joshua Park
Bell Close
Plympton
Plymouth
Devon
PL7 4FF





Registered number: 04595556 (England and Wales)





Accountants: Websters
129 North Hill
Plymouth
Devon
PL4 8JY

Trevor Denford Transport Ltd. (Registered number: 04595556)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Intangible assets 4 - -
Tangible assets 5 26,633 33,188
26,633 33,188

Current assets
Debtors 6 114,590 81,999
Cash at bank 55,579 19,283
170,169 101,282
Creditors
Amounts falling due within one year 7 118,158 81,582
Net current assets 52,011 19,700
Total assets less current liabilities 78,644 52,888

Creditors
Amounts falling due after more than
one year

8

(6,096

)

(16,767

)

Provisions for liabilities 10 (5,060 ) (6,306 )
Net assets 67,488 29,815

Capital and reserves
Called up share capital 11 100 100
Retained earnings 67,388 29,715
Shareholders' funds 67,488 29,815

Trevor Denford Transport Ltd. (Registered number: 04595556)

BALANCE SHEET - continued
31 December 2024


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

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

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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 February 2025 and were signed by:





Mr T W Denford - Director


Trevor Denford Transport Ltd. (Registered number: 04595556)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Trevor Denford Transport Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number, business address 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 receivable net of discounts and value added taxes.Turnover represents amounts invoiced in respect of transport services which is recognised on the date of the contract.

Goodwill
Goodwill has previously been written off in equal annual instalments over the director's estimate of its useful economic life of 10 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant and equipment15% reducing balance
Motor vehicles20% reducing balance

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.

Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors
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.

Trevor Denford Transport Ltd. (Registered number: 04595556)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
At 1 January 2024
and 31 December 2024 30,000
Amortisation
At 1 January 2024
and 31 December 2024 30,000
Net book value
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Motor
equipment vehicles Totals
£    £    £   
Cost
At 1 January 2024
and 31 December 2024 14,119 146,149 160,268
Depreciation
At 1 January 2024 12,469 114,611 127,080
Charge for year 247 6,308 6,555
At 31 December 2024 12,716 120,919 133,635
Net book value
At 31 December 2024 1,403 25,230 26,633
At 31 December 2023 1,650 31,538 33,188

Trevor Denford Transport Ltd. (Registered number: 04595556)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Factored trade debtors 63,160 40,880
Non factored trade debtors 44,382 27,842
Other debtors 2,786 2,786
Directors' current accounts - 8,115
Prepayments 4,262 2,376
114,590 81,999

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,081 9,849
Trade creditors 6,173 5,763
Taxation and social security 40,720 20,798
Other creditors 61,184 45,172
118,158 81,582

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 6,096 16,767

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Invoice discounting 57,245 38,910

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 5,060 6,306

Deferred
tax
£   
Balance at 1 January 2024 6,306
Provided during year (1,246 )
Balance at 31 December 2024 5,060

Trevor Denford Transport Ltd. (Registered number: 04595556)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary shares £1 100 100

12. RELATED PARTY DISCLOSURES

At the balance sheet the company owed £95 to the director, T Denford and £95 to the company secretary, D Denford. The maximum amounts overdrawn in the year were £5,349 each. No interest has been charged on these balances.

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr T W Denford.