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REGISTERED NUMBER: 09472532 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

OLIVERS REMOVALS & TRANSPORT LIMITED

OLIVERS REMOVALS & TRANSPORT LIMITED (REGISTERED NUMBER: 09472532)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


OLIVERS REMOVALS & TRANSPORT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr J M Ross
Ms N I Ross





REGISTERED OFFICE: 4 Barrowden Road
Ketton
Stamford
Lincolnshire
PE9 3RJ





REGISTERED NUMBER: 09472532 (England and Wales)





ACCOUNTANTS: Brayshaw Morey
Certified Public Accountants
Fraser Ross House
24 Broad Street
Stamford
Lincolnshire
PE9 1PJ

OLIVERS REMOVALS & TRANSPORT LIMITED (REGISTERED NUMBER: 09472532)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 25,390 50,780
Tangible assets 6 22,509 11,035
47,899 61,815

CURRENT ASSETS
Debtors 7 13,254 16,187
Cash at bank 167,521 183,237
180,775 199,424
CREDITORS
Amounts falling due within one year 8 50,683 77,885
NET CURRENT ASSETS 130,092 121,539
TOTAL ASSETS LESS CURRENT
LIABILITIES

177,991

183,354

PROVISIONS FOR LIABILITIES - 415
NET ASSETS 177,991 182,939

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 177,891 182,839
SHAREHOLDERS' FUNDS 177,991 182,939

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

OLIVERS REMOVALS & TRANSPORT LIMITED (REGISTERED NUMBER: 09472532)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2025


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 Board of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by:





Mr J M Ross - Director


OLIVERS REMOVALS & TRANSPORT LIMITED (REGISTERED NUMBER: 09472532)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Olivers Removals & 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.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten 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
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 cost and 25% on reducing balance

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 statement of financial position date.

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.

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.

OLIVERS REMOVALS & TRANSPORT LIMITED (REGISTERED NUMBER: 09472532)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 7 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 253,900
AMORTISATION
At 1 April 2024 203,120
Charge for year 25,390
At 31 March 2025 228,510
NET BOOK VALUE
At 31 March 2025 25,390
At 31 March 2024 50,780

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 88,662
Additions 18,985
At 31 March 2025 107,647
DEPRECIATION
At 1 April 2024 77,627
Charge for year 7,511
At 31 March 2025 85,138
NET BOOK VALUE
At 31 March 2025 22,509
At 31 March 2024 11,035

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 6,528 9,808
Other debtors 6,726 6,379
13,254 16,187

OLIVERS REMOVALS & TRANSPORT LIMITED (REGISTERED NUMBER: 09472532)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 850 -
Taxation and social security 30,146 42,266
Other creditors 19,687 35,619
50,683 77,885

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
100 Ordinary £1.00 100 100

10. RESERVES
Retained
earnings
£   

At 1 April 2024 182,839
Profit for the year 24,052
Dividends (29,000 )
At 31 March 2025 177,891