Silverfin false false 30/06/2024 01/07/2023 30/06/2024 Mr G Shaw 25 March 2025 The company's principle activity during the year continued to be the provision of courier and light haulage services. 08104898 2024-06-30 08104898 2023-06-30 08104898 core:CurrentFinancialInstruments 2024-06-30 08104898 core:CurrentFinancialInstruments 2023-06-30 08104898 core:ShareCapital 2024-06-30 08104898 core:ShareCapital 2023-06-30 08104898 core:RetainedEarningsAccumulatedLosses 2024-06-30 08104898 core:RetainedEarningsAccumulatedLosses 2023-06-30 08104898 core:Vehicles 2023-06-30 08104898 core:ToolsEquipment 2023-06-30 08104898 core:Vehicles 2024-06-30 08104898 core:ToolsEquipment 2024-06-30 08104898 2023-07-01 2024-06-30 08104898 bus:FilletedAccounts 2023-07-01 2024-06-30 08104898 bus:SmallEntities 2023-07-01 2024-06-30 08104898 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 08104898 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08104898 bus:Director1 2023-07-01 2024-06-30 08104898 core:Vehicles 2023-07-01 2024-06-30 08104898 core:ToolsEquipment 2023-07-01 2024-06-30 08104898 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Company No: 08104898 (England and Wales)

FIRST CALL TRANSPORT LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

FIRST CALL TRANSPORT LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

FIRST CALL TRANSPORT LIMITED

COMPANY INFORMATION

For the financial year ended 30 June 2024
FIRST CALL TRANSPORT LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 June 2024
DIRECTOR Mr G Shaw
SECRETARY Mrs A M Shaw
REGISTERED OFFICE 56 Limefield Road
Smithills
Bolton
BL1 6LA
United Kingdom
COMPANY NUMBER 08104898 (England and Wales)
ACCOUNTANT Barlow Andrews LLP
Carlyle House
78 Chorley New Road
Bolton
FIRST CALL TRANSPORT LIMITED

BALANCE SHEET

As at 30 June 2024
FIRST CALL TRANSPORT LIMITED

BALANCE SHEET (continued)

As at 30 June 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 114,667 79,553
114,667 79,553
Current assets
Debtors 4 140,084 119,296
Cash at bank and in hand 217,678 176,706
357,762 296,002
Creditors: amounts falling due within one year 5 ( 164,578) ( 141,283)
Net current assets 193,184 154,719
Total assets less current liabilities 307,851 234,272
Provision for liabilities 6 ( 28,666) ( 19,887)
Net assets 279,185 214,385
Capital and reserves
Called-up share capital 1 1
Profit and loss account 279,184 214,384
Total shareholder's funds 279,185 214,385

For the financial year ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of First Call Transport Limited (registered number: 08104898) were approved and authorised for issue by the Director on 25 March 2025. They were signed on its behalf by:

Mr G Shaw
Director
FIRST CALL TRANSPORT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
FIRST CALL TRANSPORT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

First Call Transport Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 56 Limefield Road, Smithills, Bolton, BL1 6LA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles 25 % reducing balance
Tools and equipment 15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 6 6

3. Tangible assets

Vehicles Tools and equipment Total
£ £ £
Cost
At 01 July 2023 220,456 14,369 234,825
Additions 68,212 1,974 70,186
Disposals ( 51,240) 0 ( 51,240)
At 30 June 2024 237,428 16,343 253,771
Accumulated depreciation
At 01 July 2023 147,396 7,876 155,272
Charge for the financial year 27,997 1,075 29,072
Disposals ( 45,240) 0 ( 45,240)
At 30 June 2024 130,153 8,951 139,104
Net book value
At 30 June 2024 107,275 7,392 114,667
At 30 June 2023 73,060 6,493 79,553

4. Debtors

2024 2023
£ £
Trade debtors 126,978 112,218
Other debtors 13,106 7,078
140,084 119,296

5. Creditors: amounts falling due within one year

2024 2023
£ £
Taxation and social security 33,480 32,763
Obligations under finance leases and hire purchase contracts 0 10,220
Other creditors 131,098 98,300
164,578 141,283

6. Provision for liabilities

2024 2023
£ £
Deferred tax 28,666 19,887