REGISTERED NUMBER: 09715233 (England and Wales)

Audited Financial Statements for the Year Ended 31 December 2024

for

Ettiley Transport Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

335,248

368,543

CURRENT ASSETS

Debtors

5

365,670

155,485

Cash at bank

456,405

424,101

822,075

579,586

CREDITORS

Amounts falling due within one year

6

(299,325

)

(147,591

)

NET CURRENT ASSETS

522,750

431,995

TOTAL ASSETS LESS CURRENT LIABILITIES

857,998

800,538

CREDITORS

Amounts falling due after more than one year

7

(87,756

)

(51,480

)

PROVISIONS FOR LIABILITIES

(76,618

)

(92,136

)

NET ASSETS

693,624

656,922

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

693,324

656,622

SHAREHOLDERS' FUNDS

693,624

656,922

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:

Mr N B Wells - Director

1.	STATUTORY INFORMATION

Ettiley Transport Limited is a private company, limited by shares, domiciled in England, registration number 09715233. The registered office is Unit 11 Springvale Business Centre, Millbuck Way, Sandbach, Cheshire, CW11 3HY.

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents net invoiced sales of services in respect of road haulage and transportation, excluding value added tax. Sales are recognised at the point at which the service is complete.

Tangible fixed assets and depreciation

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.

Plant and machinery etc

-

25% on cost and 20% on cost

Tangible fixed assets are stated at cost less depreciation. Cost represents purchase price together with any incidental costs of acquisition.

The directors have considered the residual value of all tangible fixed assets to be immaterial and therefore all tangible fixed assets are depreciated to nil value.

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.

Provisions

Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

655,313

Additions

126,270

At 31 December 2024

781,583

DEPRECIATION

At 1 January 2024

286,770

Charge for year

159,565

At 31 December 2024

446,335

NET BOOK VALUE

At 31 December 2024

335,248

At 31 December 2023

368,543

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

Plant and

machinery

etc

£

COST

At 1 January 2024

117,000

Additions

121,650

At 31 December 2024

238,650

DEPRECIATION

At 1 January 2024

39,000

Charge for year

44,456

At 31 December 2024

83,456

NET BOOK VALUE

At 31 December 2024

155,194

At 31 December 2023

78,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

-

960

Amounts owed by group undertakings

331,726

-

Amounts owed by related parties

-

119,756

Other debtors

33,944

34,769

365,670

155,485

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

40,009

18,720

Trade creditors

164,272

64,250

Taxation and social security

75,044

50,999

Other creditors

20,000

13,622

299,325

147,591

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

87,756

51,480

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Hire purchase contracts

127,765

70,200

Hire purchase contracts are secured against the assets to which they relate.

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Craig Clinton (Senior Statutory Auditor)

for and on behalf of Drummond Laurie CA

10.	RELATED PARTY DISCLOSURES

At the year end the company was due £nil (2023: £119,756) from companies with common directors and shareholders.

11.	ULTIMATE PARENT ENTITY

CLD Group Holdings Limited is registered in England under registration number 08636576. The registered office is Unit 11 Springvale Business Centre, Millbuck Way, Sandbach, Cheshire, CW11 3HY.