| Registered Number:10222297 |
For the year ended 30 June 2025
England and Wales
Unaudited Financial Statements
For the year ended 30 June 2025
Fortes Transport Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Fortes Transport Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
25,566
33,256
2
25,566
33,256
| Trade and other receivables |
8,086
11,586
3
13,297
| Cash and cash equivalents |
32,245
43,831
21,383
| Trade and other payables: amounts falling due within one year |
(27,484)
(27,254)
4
(6,101)
16,577
Net current assets
| Total assets less current liabilities |
42,143
27,155
| Trade and other payables: amounts falling due after more than one |
| year |
(916)
-
5
42,143
Net assets
26,239
100
100
42,043
26,139
42,143
26,239
Shareholders' funds
| For the year ended 30 June 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 11 July 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 30 June 2025
Fortes Transport Limited
Notes to the Financial Statements
Statutory Information
| Fortes Transport Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 10222297. |
32 Durham Road
Stevenage
Hertfordshire
SG1 4HT
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
| 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The |
| financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Furniture and Fittings
Government grants
| Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. |
Inventories
| Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Foreign currencies
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result. |
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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For the year ended 30 June 2025
Fortes Transport Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor Vehicles
60,059
2,168
57,215
676
831
831
-
-
676
57,215
2,999
60,890
| Provision for depreciation and impairment |
26,803
1,366
25,032
405
Charge for year
8,521
408
8,045
68
35,324
1,774
33,077
473
203
24,138
1,225
25,566
271
32,183
802
33,256
| 3. Trade and other receivables |
2024
2025
| Prepayments and accrued income |
8,382
8,086
| Amounts owed by directors |
3,204
-
8,086
11,586
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
(131)
(260)
| Taxation and social security |
26,325
15,260
| Accruals and deferred income |
698
1,184
-
885
| Obligations under HP/Financial leases |
925
11,013
(563)
(598)
27,254
27,484
| 5. Trade and other payables: amounts falling due after more than one year |
2024
2025
916
-
| Obligations under HP/Financial leases |
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For the year ended 30 June 2025
Fortes Transport Limited
Notes to the Financial Statements Continued
| 6. Directors advances and guarantees |
Loaned
Repaid
Maria Fernades
Unsecured Interest Free Loan
1,601
(413)
37,150
35,136
1,601
(413)
37,150
35,136
Miguel Cabral
Unsecured Interest Free Loan
1,602
(443)
37,180
35,135
1,602
(443)
37,180
35,135
| 7. Guarantees and other financial commitments |
| Other financial commitments |
| During the period the company continued to maintained a secured loan. |
| The balance on this loan accounts amounts to £925 at period end all of which is current. |
| 8. Average number of persons employed |
During the year the average number of employees was 7 (2024 : 6)
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