REGISTERED NUMBER: 04402842 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Dave Pollard Transport Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D J Pollard

Ms D Campbell

Mr S Pollard

SECRETARY:

Ms D Campbell

REGISTERED OFFICE:

128 High Street

Crediton

Devon

EX17 3LQ

REGISTERED NUMBER:

04402842 (England and Wales)

ACCOUNTANTS:

Bedford & Co Limited

128 High Street

Crediton

Devon

EX17 3LQ

FIXED ASSETS

Tangible assets

4

1,334,852

1,530,215

CURRENT ASSETS

Stocks

161,285

182,701

Debtors

5

627,680

625,432

788,965

808,133

CREDITORS

Amounts falling due within one year

6

935,214

948,710

NET CURRENT LIABILITIES

(146,249

)

(140,577

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,188,603

1,389,638

CREDITORS

Amounts falling due after more than one year

7

(348,309

)

(362,826

)

PROVISIONS FOR LIABILITIES

(318,054

)

(363,904

)

NET ASSETS

522,240

662,908

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

522,239

662,907

SHAREHOLDERS' FUNDS

522,240

662,908

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 17 September 2025 and were signed on its behalf by:

Mr D J Pollard - Director

1.	STATUTORY INFORMATION

Dave Pollard 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 company's place of business is Sentrys, Black Dog, Crediton, Devon, EX17 4RA.

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 from the sale of services, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised when services are delivered to customers such that risks and rewards of ownership have been transferred to them and that there is sufficient reliable evidence that delivery of goods has occurred.

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

-

33% on reducing balance, 25% on reducing balance and 20% on reducing balance

Stocks

Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell.

Cost is calculated on a first in first out basis.

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 20 (2023 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

4,048,681

Additions

152,451

Disposals

(22,300

)

At 31 December 2024

4,178,832

DEPRECIATION

At 1 January 2024

2,518,466

Charge for year

339,365

Eliminated on disposal

(13,851

)

At 31 December 2024

2,843,980

NET BOOK VALUE

At 31 December 2024

1,334,852

At 31 December 2023

1,530,215

Included in the above figures are assets under hire purchase and finance lease agreements with a net book value of £671,733 (2023 - £725,813. The depreciation charged on these assets during the year was £171,480 (2023 - £177,761).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

617,438

616,751

Other debtors

10,242

8,681

627,680

625,432

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

101,599

70,856

Hire purchase contracts

197,171

305,347

Trade creditors

194,038

213,326

Taxation and social security

143,008

88,253

Other creditors

299,398

270,928

935,214

948,710

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

4,708

22,177

Hire purchase contracts

343,601

340,649

348,309

362,826

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank overdrafts

85,948

53,014

Bank loans

20,359

40,019

Hire purchase contracts

540,772

645,996

647,079

739,029

The company's bankers Barclays Bank Plc hold a fixed and floating charge over the company's assets dated 28th April 2010.

Barclays Security Trustee Ltd also hold a fixed and floating charge over the company's assets dated 20th September 2018.