REGISTERED NUMBER: 08771174 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

FATHER & DAUGHTER TRANSPORT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Miss E E Stevens

Mr P A Stevens

SECRETARY:

Mr P A Stevens

REGISTERED OFFICE:

Kingsgate House

North Wing, Ground Floor

Newbury Road

Andover

Hampshire

SP10 4DU

BUSINESS ADDRESS:

Hurdcott Livery Stables

Hurdcott Lane

Winterbourne Earls

Salisbury

Wiltshire

SP4 6HR

REGISTERED NUMBER:

08771174 (England and Wales)

FIXED ASSETS

Tangible assets

4

345,333

261,460

CURRENT ASSETS

Debtors

5

54,886

55,271

Cash at bank

4,519

75

59,405

55,346

CREDITORS

Amounts falling due within one year

6

173,438

145,851

NET CURRENT LIABILITIES

(114,033

)

(90,505

)

TOTAL ASSETS LESS CURRENT LIABILITIES

231,300

170,955

CREDITORS

Amounts falling due after more than one year

7

(129,407

)

(103,330

)

PROVISIONS FOR LIABILITIES

(65,613

)

(49,677

)

NET ASSETS

36,280

17,948

CAPITAL AND RESERVES

Called up share capital

9

3

3

Retained earnings

36,277

17,945

SHAREHOLDERS' FUNDS

36,280

17,948

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 21 August 2025 and were signed on its behalf by:

Miss E E Stevens - Director

1.	STATUTORY INFORMATION

Father & Daughter 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.

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

The turnover shown in the profit and loss account represents amounts invoiced during the year.

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 reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% straight line

All fixed assets are initially recorded at cost.

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 balance sheet date.

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.

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

4,781

376,535

-

381,316

Additions

-

227,487

400

227,887

Disposals

-

(173,899

)

-

(173,899

)

At 31 March 2025

4,781

430,123

400

435,304

DEPRECIATION

At 1 April 2024

1,803

118,053

-

119,856

Charge for year

745

67,545

55

68,345

Eliminated on disposal

-

(98,230

)

-

(98,230

)

At 31 March 2025

2,548

87,368

55

89,971

NET BOOK VALUE

At 31 March 2025

2,233

342,755

345

345,333

At 31 March 2024

2,978

258,482

-

261,460

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

52,827

47,949

Other debtors

2,059

7,322

54,886

55,271

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

16,510

Hire purchase contracts

54,264

24,705

Trade creditors

4,233

4,902

Taxation and social security

9,678

9,101

Other creditors

95,263

90,633

173,438

145,851

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

8,333

18,333

Hire purchase contracts

121,074

84,997

129,407

103,330

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

175,338

109,702

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

1

Ordinary C

£1

1

1

3

3