REGISTERED NUMBER: 06042568 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

C & C Horse Transport Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N E M Jones

Mrs E A Jones

Mrs S E Harriman

Miss C L Jones

Miss E A Jones

SECRETARY:

Miss C L Jones

REGISTERED OFFICE:

1 Mount Pleasant Way

Stokesley Business Park

Stokesley

North Yorkshire

TS9 5NZ

REGISTERED NUMBER:

06042568 (England and Wales)

ACCOUNTANTS:

Anderson Barrowcliff Limited

Chartered Accountants

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

FIXED ASSETS

Tangible assets

4

308,054

218,041

CURRENT ASSETS

Stocks

-

7,000

Debtors

5

578,950

456,426

Cash at bank and in hand

80,272

97,696

659,222

561,122

CREDITORS

Amounts falling due within one year

6

572,048

322,543

NET CURRENT ASSETS

87,174

238,579

TOTAL ASSETS LESS CURRENT LIABILITIES

395,228

456,620

CREDITORS

Amounts falling due after more than one year

7

220,870

195,059

NET ASSETS

174,358

261,561

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

174,258

261,461

SHAREHOLDERS' FUNDS

174,358

261,561

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

N E M Jones - Director

1.	STATUTORY INFORMATION

C & C Horse 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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land & buildings

-

20% on cost

Plant and machinery

-

20% on cost

Motor vehicles

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 16 (2023 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Land &

Plant and

Motor

buildings

machinery

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

33,480

10,000

1,344,954

1,388,434

Additions

-

-

189,693

189,693

Disposals

-

(10,000

)

(240,752

)

(250,752

)

At 31 December 2024

33,480

-

1,293,895

1,327,375

DEPRECIATION

At 1 January 2024

5,022

-

1,165,371

1,170,393

Charge for year

6,696

-

82,984

89,680

Eliminated on disposal

-

-

(240,752

)

(240,752

)

At 31 December 2024

11,718

-

1,007,603

1,019,321

NET BOOK VALUE

At 31 December 2024

21,762

-

286,292

308,054

At 31 December 2023

28,458

10,000

179,583

218,041

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2024

400,212

Additions

189,693

Transfer to ownership

(191,342

)

At 31 December 2024

398,563

DEPRECIATION

At 1 January 2024

220,629

Charge for year

82,984

Transfer to ownership

(191,342

)

At 31 December 2024

112,271

NET BOOK VALUE

At 31 December 2024

286,292

At 31 December 2023

179,583

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

251,427

122,828

Other debtors

327,523

333,598

578,950

456,426

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

50,000

50,000

Hire purchase contracts

66,227

60,548

Trade creditors

246,128

153,247

Taxation and social security

57,011

23,666

Other creditors

152,682

35,082

572,048

322,543

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

29,167

79,167

Hire purchase contracts

191,703

115,892

220,870

195,059

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

79,167

129,167

Hire purchase contracts

257,930

176,440

337,097

305,607

The bank loan is secured by a debenture incorporating a fixed and floating charge over the company's assets.

The hire purchase contracts are secured over the assets to which they relate.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

10.	CAPITAL COMMITMENTS

2024

2023

£

£

Contracted but not provided for in the

financial statements

-

177,951

11.	RELATED PARTY DISCLOSURES

Recharge of expenses from related parties

Sales & recharges to related parties

Management charge paid to related parties

Outstanding balances due by the company

Outstanding balances due to the company

£

£

£

£

£

Other related parties

At 31 December 2024

213,701

21,188

74,000

286,145

336,256

At 31 December 2023

177,479

-

74,000

90,365

325,384

Outstanding balances due by the company are unsecured and the nature of the consideration to be provided in settlement is on normal commercial terms.