REGISTERED NUMBER: 01600790 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

ACTION ROADWAYS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Sela Koydengoctu

Mrs Pinar Koydengoctu

SECRETARY:

Mrs Pinar Koydengoctu

REGISTERED OFFICE:

Unit 4 & 5, Belvedere Business Park

Viking Way

Erith

Kent

DA8 1EW

REGISTERED NUMBER:

01600790 (England and Wales)

ACCOUNTANTS:

ADPL LLP

293 Green Lanes

London

N13 4XS

FIXED ASSETS

Tangible assets

4

282,949

269,700

CURRENT ASSETS

Debtors

5

628,286

680,635

Cash at bank and in hand

13,005

71,781

641,291

752,416

CREDITORS

Amounts falling due within one year

6

479,222

382,013

NET CURRENT ASSETS

162,069

370,403

TOTAL ASSETS LESS CURRENT LIABILITIES

445,018

640,103

CREDITORS

Amounts falling due after more than one year

7

(22,897

)

(69,346

)

PROVISIONS FOR LIABILITIES

8

(55,995

)

(41,431

)

NET ASSETS

366,126

529,326

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

366,026

529,226

SHAREHOLDERS' FUNDS

366,126

529,326

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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

Mr Sela Koydengoctu - Director

1.	STATUTORY INFORMATION

Action Roadways 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.

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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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 23 (2023 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 January 2024

53,224

25,748

47,742

Additions

25,633

7,721

10,000

At 31 December 2024

78,857

33,469

57,742

DEPRECIATION

At 1 January 2024

5,322

15,647

10,356

Charge for year

7,886

3,564

9,477

At 31 December 2024

13,208

19,211

19,833

NET BOOK VALUE

At 31 December 2024

65,649

14,258

37,909

At 31 December 2023

47,902

10,101

37,386

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

332,245

4,883

463,842

Additions

31,550

557

75,461

At 31 December 2024

363,795

5,440

539,303

DEPRECIATION

At 1 January 2024

158,917

3,900

194,142

Charge for year

40,977

308

62,212

At 31 December 2024

199,894

4,208

256,354

NET BOOK VALUE

At 31 December 2024

163,901

1,232

282,949

At 31 December 2023

173,328

983

269,700

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

Motor

vehicles

£

COST

At 1 January 2024

and 31 December 2024

234,470

DEPRECIATION

At 1 January 2024

111,559

Charge for year

24,583

At 31 December 2024

136,142

NET BOOK VALUE

At 31 December 2024

98,328

At 31 December 2023

122,911

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

375,835

444,641

Amounts owed by group undertakings

3,105

-

Other debtors

98,152

98,152

Prepayments and accrued income

151,194

137,842

628,286

680,635

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

21,467

21,467

Trade creditors

242,490

160,570

Amounts owed to group undertakings

-

34,132

Social security and other taxes

14,954

18,858

Pension

814

4,441

Aviva pension

1,010

1,024

VAT

25,722

27,373

Credit card account

-

1,101

Net wages

5,154

-

Other creditors

11,191

11,191

Accruals and deferred income

156,420

101,856

479,222

382,013

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 2-5 years

15,650

23,982

Hire purchase contracts

7,247

45,364

22,897

69,346

8.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

55,995

41,431

Deferred

tax

£

Balance at 1 January 2024

41,431

Charge to Profit & Loss Account during year

14,564

Balance at 31 December 2024

55,995

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

10.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company had receivable of £3,105 (2023: £34,132 payable) from Atanak Forwarding Ltd.