Company Registration No. 11120071 (England and Wales)
Chartered Transport Limited
Unaudited Financial Statements
for the year ended 31 May 2025
Chartered Transport Limited
Unaudited Financial Statements
Contents
Chartered Transport Limited
Company Information
for the year ended 31 May 2025
Company Number
11120071 (England and Wales)
Registered Office
Two Firs Calvert Road
Effingham
Northumberland
KT24 5SG
United Kingdom
Chartered Transport Limited
Statement of financial position
as at 31 May 2025
Tangible assets
363,152
843,665
Cash at bank and in hand
471,627
86,516
Creditors: amounts falling due within one year
(134,463)
(70,388)
Net current assets
433,316
100,120
Total assets less current liabilities
796,468
943,785
Creditors: amounts falling due after more than one year
(192,314)
(385,591)
Net assets
604,154
558,194
Called up share capital
100
100
Profit and loss account
604,054
558,094
Shareholders' funds
604,154
558,194
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2025 and were signed on its behalf by
Maria Parker
Director
Company Registration No. 11120071
Chartered Transport Limited
Notes to the Accounts
for the year ended 31 May 2025
Chartered Transport Limited is a private company, limited by shares, registered in England and Wales, registration number 11120071. The registered office and principal place of business is Two Firs Calvert Road, Effingham, Northumberland, KT24 5SG, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
117,708
1,059,590
2,210
1,179,508
Disposals
(45)
(484,300)
-
(484,345)
At 31 May 2025
117,663
575,290
2,210
695,163
At 1 June 2024
42,217
291,602
2,024
335,843
Charge for the year
11,321
52,765
186
64,272
On disposals
(25)
(68,079)
-
(68,104)
At 31 May 2025
53,513
276,288
2,210
332,011
At 31 May 2025
64,150
299,002
-
363,152
At 31 May 2024
75,491
767,988
186
843,665
Amounts falling due within one year
Trade debtors
96,152
80,392
Chartered Transport Limited
Notes to the Accounts
for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
30,283
33,461
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
75,128
354,969
Taxes and social security
108,485
254
Loans from directors
8,701
8,701
8
Average number of employees
During the year the average number of employees was 7 (2024: 7).