A1 Truck Stop Colsterworth Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11121980

A1 Truck Stop Colsterworth Limited

Filleted Unaudited Financial Statements

For the year ended

31 December 2024

A1 Truck Stop Colsterworth Limited

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£

Fixed assets

Tangible assets	6		926,048	943,259

Current assets

Stocks		39,733	25,948
Debtors	7	337,031	265,212
Cash at bank and in hand		667,856	539,295
		------------	---------
		1,044,620	830,455

Creditors: amounts falling due within one year	8	662,622		668,328
		------------		---------
Net current assets			381,998	162,127
			------------	------------
Total assets less current liabilities			1,308,046	1,105,386

Provisions

Taxation including deferred tax	105,018	89,707
	------------	------------
Net assets	1,203,028	1,015,679
	------------	------------

A1 Truck Stop Colsterworth Limited

Statement of Financial Position (continued)

31 December 2024

	2024		2023
Note	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	1,202,928	1,015,579
	------------	------------
Shareholders funds	1,203,028	1,015,679
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 23 September 2025 , and are signed on behalf of the board by:

A White

Director

Company registration number: 11121980

A1 Truck Stop Colsterworth Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Enterprise House, 38 Tyndall Court, Commerce Road, Lynchwood, Peterborough, PE2 6LR. The trading address for the company is A1 Truck Stop, Bourne Road, Colsterworth, Grantham, Lincolnshire, NG33 5JN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Significant judgements There are no judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements. Key sources of estimation uncertainty Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows: 1. Amortisation - goodwill is written off over the estimated useful economic life of the intangible asset which is estimated to be 5 years.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Long leasehold property	-	2% straight line
Plant and machinery	-	10% straight line
Fixtures and fittings	-	10% reducing balance
Equipment	-	25% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 17 (2023: 11 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 January 2024 and 31 December 2024	1,108,020
	------------
Amortisation
At 1 January 2024 and 31 December 2024	1,108,020
	------------
Carrying amount
At 31 December 2024	–
	------------
At 31 December 2023	–
	------------

6. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Equipment	Total
	£	£	£	£	£
Cost
At 1 January 2024	610,631	310,248	139,377	28,091	1,088,347
Additions	–	63,297	1,192	–	64,489
Disposals	–	( 25,000)	–	–	( 25,000)
	---------	---------	---------	--------	------------
At 31 December 2024	610,631	348,545	140,569	28,091	1,127,836
	---------	---------	---------	--------	------------
Depreciation
At 1 January 2024	44,047	31,324	56,256	13,461	145,088
Charge for the year	12,213	33,846	8,421	5,143	59,623
Disposals	–	( 2,923)	–	–	( 2,923)
	---------	---------	---------	--------	------------
At 31 December 2024	56,260	62,247	64,677	18,604	201,788
	---------	---------	---------	--------	------------
Carrying amount
At 31 December 2024	554,371	286,298	75,892	9,487	926,048
	---------	---------	---------	--------	------------
At 31 December 2023	566,584	278,924	83,121	14,630	943,259
	---------	---------	---------	--------	------------

7. Debtors

	2024	2023
	£	£
Trade debtors	316,632	252,262
Amounts owed by group undertakings and undertakings in which the company has a participating interest	2,160	2,160
Other debtors	18,239	10,790
	---------	---------
	337,031	265,212
	---------	---------

8. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	42,678	66,133
Social security and other taxes	277,608	201,731
Other creditors	342,336	400,464
	---------	---------
	662,622	668,328
	---------	---------

9. Directors' advances, credits and guarantees

The directors have advanced funds totalling £211,767 (2023 £254,944) to the company at the balance sheet date with the loan accounts remaining in credit throughout the year. No interest has been charged and the loans are repayable upon demand.

10. Controlling party

The company was under the control of Colsterworth Holdings (2018 ) Limited throughout the year. The registered office of this company is Enterprise House, 38 Tyndall Court, Commerce Road, Lynchwood, Peterborough, PE2 6LR.