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REGISTERED NUMBER: 09846146 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2024

FOR

GRANGE TRANSPORT LTD

GRANGE TRANSPORT LTD (REGISTERED NUMBER: 09846146)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GRANGE TRANSPORT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2024







DIRECTORS: Mr DW Ansell
Mrs A Ansell





REGISTERED OFFICE: 3B Henson Way
Telford Way Industrial Estate
Kettering
Northamptonshire
NN16 8PX





REGISTERED NUMBER: 09846146 (England and Wales)





ACCOUNTANTS: Bewers Turner & Co LLP
Chartered Accountants
Portland House
11-13 Station Road
Kettering
Northamptonshire
NN15 7HH

GRANGE TRANSPORT LTD (REGISTERED NUMBER: 09846146)

BALANCE SHEET
31ST OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,149,556 351,114

CURRENT ASSETS
Debtors 5 363,254 307,738
Cash at bank and in hand 651,760 517,960
1,015,014 825,698
CREDITORS
Amounts falling due within one year 6 202,794 247,667
NET CURRENT ASSETS 812,220 578,031
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,961,776

929,145

CREDITORS
Amounts falling due after more than one
year

7

-

(13,333

)

PROVISIONS FOR LIABILITIES (286,799 ) (68,120 )
NET ASSETS 1,674,977 847,692

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,674,877 847,592
SHAREHOLDERS' FUNDS 1,674,977 847,692

GRANGE TRANSPORT LTD (REGISTERED NUMBER: 09846146)

BALANCE SHEET - continued
31ST OCTOBER 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2024 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24th July 2025 and were signed on its behalf by:





Mr DW Ansell - Director


GRANGE TRANSPORT LTD (REGISTERED NUMBER: 09846146)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024


1. STATUTORY INFORMATION

Grange Transport Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of services, excluding value added tax.

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 - 25% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Financial instruments
The company is party to only basic financial instruments such as cash, trade debtors and creditors, and bank loans. Instruments such as trade debtors and creditors are initially recognised at their transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on demand or due within one year, such as bank loans, are measured at amortised cost using the effective interest rate.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.


GRANGE TRANSPORT LTD (REGISTERED NUMBER: 09846146)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 91 (2023 - 80 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st November 2023 8,446 4,489 419,547 21,250 453,732
Additions 33,651 - 956,012 8,824 998,487
At 31st October 2024 42,097 4,489 1,375,559 30,074 1,452,219
DEPRECIATION
At 1st November 2023 3,637 3,519 87,909 7,553 102,618
Charge for year 7,286 537 184,835 7,387 200,045
At 31st October 2024 10,923 4,056 272,744 14,940 302,663
NET BOOK VALUE
At 31st October 2024 31,174 433 1,102,815 15,134 1,149,556
At 31st October 2023 4,809 970 331,638 13,697 351,114

GRANGE TRANSPORT LTD (REGISTERED NUMBER: 09846146)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 300,483 291,913
Other debtors 62,771 15,825
363,254 307,738

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 8,000
Trade creditors 21,160 41,238
Taxation and social security 167,513 190,158
Other creditors 14,121 8,271
202,794 247,667

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 13,333

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 100,000 -
Between one and five years 400,000 -
In more than five years 475,000 -
975,000 -

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans - 21,333

Bank loans are secured under the UK government Bounce Back loan scheme providing a full guarantee on the outstanding amount.

GRANGE TRANSPORT LTD (REGISTERED NUMBER: 09846146)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024


10. RELATED PARTY DISCLOSURES

All material related party transactions with owners holding a participating interest, companies in which the entity has a participating interest and directors were all concluded under normal market conditions.