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REGISTERED NUMBER: 02465733 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

TRANSERVICE EXPRESS TRANSPORT LIMITED

TRANSERVICE EXPRESS TRANSPORT LIMITED (REGISTERED NUMBER: 02465733)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TRANSERVICE EXPRESS TRANSPORT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr P E Johnson
Mrs E M Johnson
Mr P R Richards
Mr D P Johnson
Miss S L Johnson
Mr T E Johnson





SECRETARY: Mrs E M Johnson





REGISTERED OFFICE: First Floor
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG





REGISTERED NUMBER: 02465733 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG

TRANSERVICE EXPRESS TRANSPORT LIMITED (REGISTERED NUMBER: 02465733)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 448,496 529,873

CURRENT ASSETS
Stocks 1,240 1,460
Debtors 5 854,070 702,963
Cash at bank and in hand 1,853,973 1,479,107
2,709,283 2,183,530
CREDITORS
Amounts falling due within one year 6 1,331,396 866,711
NET CURRENT ASSETS 1,377,887 1,316,819
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,826,383

1,846,692

CREDITORS
Amounts falling due after more than one
year

7

(1,587

)

(27,222

)

PROVISIONS FOR LIABILITIES 10 (361,442 ) (382,468 )
NET ASSETS 1,463,354 1,437,002

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 1,463,254 1,436,902
SHAREHOLDERS' FUNDS 1,463,354 1,437,002

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.

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 18 August 2025 and were signed on its behalf by:





Mr P E Johnson - Director


TRANSERVICE EXPRESS TRANSPORT LIMITED (REGISTERED NUMBER: 02465733)

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


1. STATUTORY INFORMATION

Transervice Express 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. 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 comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvement to leasehold property - over the life of the lease
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance

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 46 (2024 - 44 ) .

4. TANGIBLE FIXED ASSETS
Improvement
to
leasehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
Cost
At 1 April 2024 11,649 64,678 1,060,361 1,136,688
Additions 19,242 7,677 37,533 64,452
Disposals - (1,650 ) (144,572 ) (146,222 )
At 31 March 2025 30,891 70,705 953,322 1,054,918
Depreciation
At 1 April 2024 11,649 47,303 547,863 606,815
Charge for year 160 3,847 129,724 133,731
Eliminated on disposal - (1,310 ) (132,814 ) (134,124 )
At 31 March 2025 11,809 49,840 544,773 606,422
Net book value
At 31 March 2025 19,082 20,865 408,549 448,496
At 31 March 2024 - 17,375 512,498 529,873

The net book value of assets held under finance leases or hire purchase contracts, included above, are £42,776 (2024: £57,035).

TRANSERVICE EXPRESS TRANSPORT LIMITED (REGISTERED NUMBER: 02465733)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 842,346 674,561
Other debtors 11,724 28,402
854,070 702,963

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,649 10,203
Hire purchase contracts (see note 8) 16,348 23,486
Trade creditors 580,355 378,993
Taxation and social security 296,630 169,147
Other creditors 427,414 284,882
1,331,396 866,711

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 1,587 12,236
Hire purchase contracts (see note 8) - 14,986
1,587 27,222

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase
contracts
2025 2024
£    £   
Net obligations repayable:
Within one year 16,348 23,486
Between one and five years - 14,986
16,348 38,472

Non-cancellable
operating leases
2025 2024
£    £   
Within one year 148,545 42,947
Between one and five years 854,136 -
1,002,681 42,947

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts 16,348 38,472

Hire purchase creditors are secured against the asset to which they relate.

TRANSERVICE EXPRESS TRANSPORT LIMITED (REGISTERED NUMBER: 02465733)

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


10. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax
Accelerated capital
allowances 111,442 132,468
Other provisions 250,000 250,000
361,442 382,468

Deferred Other
tax provisions
£    £   
Balance at 1 April 2024 132,468 250,000
Credit to Income Statement during year (21,026 ) -
Balance at 31 March 2025 111,442 250,000

The other provision is for a dilapidation provision, which relates to amounts payable should the company vacate their current premises.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
55 Ordinary £1 55 85
15 A Ordinary £1 15 15
30 B Ordinary £1 30 -
100 100

During the year, 30 Ordinary Shares were converted into 30 B Shares, this did not result in a change of control.

12. 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. At the year end there was £5,573 payable (2024: Nil).