REGISTERED NUMBER: SC504734 (Scotland)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

DARREN B SMITH TRANSPORT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms L J Reith

D B Smith

REGISTERED OFFICE:

Eastview Cottage

Glassel

Banchory

Aberdeenshire

AB31 4DB

REGISTERED NUMBER:

SC504734 (Scotland)

ACCOUNTANTS:

Fyfe Moir & Associates

1st Floor, 5 Abercrombie Crt

Prospect Road,

Westhill

Aberdeenshire

Grampian

AB32 6FE

FIXED ASSETS

Tangible assets

4

82,289

109,434

CURRENT ASSETS

Debtors

5

22,844

36,213

Cash at bank

73,287

40,667

96,131

76,880

CREDITORS

Amounts falling due within one year

6

30,868

27,254

NET CURRENT ASSETS

65,263

49,626

TOTAL ASSETS LESS CURRENT LIABILITIES

147,552

159,060

CREDITORS

Amounts falling due after more than one year

7

(21,666

)

(32,500

)

PROVISIONS FOR LIABILITIES

(14,636

)

(19,591

)

NET ASSETS

111,250

106,969

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

111,150

106,869

SHAREHOLDERS' FUNDS

111,250

106,969

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 9 September 2025 and were signed on its behalf by:

D B Smith - Director

1.	STATUTORY INFORMATION

Darren B Smith Transport Ltd is a private company, limited by shares , registered in Scotland. 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 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.

Plant and machinery etc

-

25% on reducing balance

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.

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 1 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 July 2024

142,504

826

143,330

Additions

-

90

90

At 30 June 2025

142,504

916

143,420

DEPRECIATION

At 1 July 2024

33,469

427

33,896

Charge for year

27,159

76

27,235

At 30 June 2025

60,628

503

61,131

NET BOOK VALUE

At 30 June 2025

81,876

413

82,289

At 30 June 2024

109,035

399

109,434

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

20,114

22,490

Tax

-

10,330

Prepayments and accrued income

2,730

-

Prepayments

-

3,393

22,844

36,213

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Hire purchase contracts

10,000

10,000

Tax

3,910

-

Social security and other taxes

851

776

VAT

7,416

8,555

Directors' current accounts

6,680

6,260

Accrued expenses

2,011

1,663

30,868

27,254

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Hire purchase contracts

21,666

32,500

8.	ULTIMATE CONTROLLING PARTY

The controlling party is D B Smith.