Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31027trueHauliers2024-04-01false26trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02680495 2024-04-01 2025-03-31 02680495 2023-04-01 2024-03-31 02680495 2025-03-31 02680495 2024-03-31 02680495 2023-04-01 02680495 1 2024-04-01 2025-03-31 02680495 1 2023-04-01 2024-03-31 02680495 d:Director1 2024-04-01 2025-03-31 02680495 e:Buildings e:LongLeaseholdAssets 2024-04-01 2025-03-31 02680495 e:Buildings e:LongLeaseholdAssets 2025-03-31 02680495 e:Buildings e:LongLeaseholdAssets 2024-03-31 02680495 e:PlantMachinery 2024-04-01 2025-03-31 02680495 e:PlantMachinery 2025-03-31 02680495 e:PlantMachinery 2024-03-31 02680495 e:PlantMachinery e:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 02680495 e:PlantMachinery e:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 02680495 e:MotorVehicles 2024-04-01 2025-03-31 02680495 e:MotorVehicles 2025-03-31 02680495 e:MotorVehicles 2024-03-31 02680495 e:MotorVehicles e:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 02680495 e:MotorVehicles e:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 02680495 e:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 02680495 e:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 02680495 e:CurrentFinancialInstruments 2025-03-31 02680495 e:CurrentFinancialInstruments 2024-03-31 02680495 e:Non-currentFinancialInstruments 2025-03-31 02680495 e:Non-currentFinancialInstruments 2024-03-31 02680495 e:CurrentFinancialInstruments e:WithinOneYear 2025-03-31 02680495 e:CurrentFinancialInstruments e:WithinOneYear 2024-03-31 02680495 e:Non-currentFinancialInstruments e:AfterOneYear 2025-03-31 02680495 e:Non-currentFinancialInstruments e:AfterOneYear 2024-03-31 02680495 e:ShareCapital 2025-03-31 02680495 e:ShareCapital 2024-03-31 02680495 e:RetainedEarningsAccumulatedLosses 2025-03-31 02680495 e:RetainedEarningsAccumulatedLosses 2024-03-31 02680495 d:FRS102 2024-04-01 2025-03-31 02680495 d:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02680495 d:FullAccounts 2024-04-01 2025-03-31 02680495 d:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02680495 e:AcceleratedTaxDepreciationDeferredTax 2025-03-31 02680495 e:AcceleratedTaxDepreciationDeferredTax 2024-03-31 02680495 e:TaxLossesCarry-forwardsDeferredTax 2025-03-31 02680495 e:TaxLossesCarry-forwardsDeferredTax 2024-03-31 02680495 e:RetirementBenefitObligationsDeferredTax 2025-03-31 02680495 e:RetirementBenefitObligationsDeferredTax 2024-03-31 02680495 e:MotorVehicles e:LeasedAssetsHeldAsLessee 2025-03-31 02680495 e:MotorVehicles e:LeasedAssetsHeldAsLessee 2024-03-31 02680495 f:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 02680495










RUANE TRANSPORT SERVICES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

 
RUANE TRANSPORT SERVICES LIMITED
REGISTERED NUMBER: 02680495

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 5 
1,949,969
1,758,776

Current assets
  

Stocks
  
7,350
3,750

Debtors: amounts falling due within one year
 6 
936,222
982,232

Cash at bank and in hand
  
86,088
160,525

  
1,029,660
1,146,507

Creditors: amounts falling due within one year
 7 
(857,936)
(491,789)

Net current assets
  
 
 
171,724
 
 
654,718

Total assets less current liabilities
  
2,121,693
2,413,494

Creditors: amounts falling due after more than one year
 8 
-
(257,796)

Provisions for liabilities
  

Deferred tax
 9 
(373,732)
(351,015)

Net assets
  
1,747,961
1,804,683


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,747,861
1,804,583

  
1,747,961
1,804,683


Page 1

 
RUANE TRANSPORT SERVICES LIMITED
REGISTERED NUMBER: 02680495
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 August 2025.




G Ruane
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
RUANE TRANSPORT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Ruane Transport Services Limited is a private Company limited by shares, incorporated in England and Wales (rergistered number: 02680495). Its registered office is Whitting Valley Road, Old Whittington, Chesterfield, Derbyshire, S41 9HY. The principal activity of the Company throughout the year continued to be that of haulage contractors.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Page 3

 
RUANE TRANSPORT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Current and deferred taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Page 4

 
RUANE TRANSPORT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows:.

The depreciation rates used are:

Leasehold Property
-
10% straight line basis
Plant and machinery
-
20% reducing balance basis
Motor vehicles
-
25% reducing balance basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 5

 
RUANE TRANSPORT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

  
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Other operating income

2025
2024
£
£

Net rents receivable
29,128
33,273



4.


Employees

The average monthly number of employees, including directors, during the year was 26 (2024 - 27).

Page 6

 
RUANE TRANSPORT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.


Tangible fixed assets





Leasehold Property
Plant and machinery
Motor vehicles
Total

£
£
£
£



Cost 


At 1 April 2024
70,726
145,726
2,840,318
3,056,770


Additions
-
100,978
635,209
736,187


Disposals
-
-
(146,369)
(146,369)



At 31 March 2025

70,726
246,704
3,329,158
3,646,588



Depreciation


At 1 April 2024
70,726
103,676
1,123,592
1,297,994


Charge for the year on owned assets
-
18,817
297,588
316,405


Charge for the year on financed assets
-
-
195,819
195,819


Disposals
-
-
(113,599)
(113,599)



At 31 March 2025

70,726
122,493
1,503,400
1,696,619



Net book value



At 31 March 2025
-
124,211
1,825,758
1,949,969



At 31 March 2024
-
42,050
1,716,726
1,758,776

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2025
2024
£
£



Motor vehicles
873,287
668,780

Page 7

 
RUANE TRANSPORT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.


Debtors

2025
2024
£
£


Trade debtors
707,662
775,262

Other debtors
71,624
187,994

Prepayments and accrued income
156,936
18,976

936,222
982,232



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
190,394
114,431

Other taxation and social security
113,824
42,789

Obligations under finance lease and hire purchase contracts
532,026
315,336

Other creditors
13,711
11,108

Accruals and deferred income
7,981
8,125

857,936
491,789



8.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Net obligations under finance leases and hire purchase contracts
-
257,796


Page 8

 
RUANE TRANSPORT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

9.


Deferred taxation




2025
2024


£

£






At beginning of year
351,015
265,127


Charged to profit or loss
22,717
85,888



At end of year
373,732
351,015

2025
2024
£
£


Accelerated capital allowances
487,492
439,552

Movement in provisions
(137)
(163)

Losses and other deductions
(113,623)
(88,374)

373,732
351,015


10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £42,022 (2024 - £60,057). Contributions totalling £1,307 (2024 - £1,523) were payable to the fund at the balance sheet date and are included in creditors.


11.


Related party transactions

Included in other debtors are amounts due from related parties on which transactions during the year were as follows: 


Balance at 1 April 2024
Private payments made by company
Monies Introduced
Balance at 31 March 2025
£
£
£
£

Directors
60,534
87,615
(116,162)
31,987

 
Page 9