REGISTERED NUMBER: 04790249 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BRADBURY TRANSPORT SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Davy Brunel

SECRETARY:

Reed Smith Corporate Services Limited

REGISTERED OFFICE:

Hangars, 3,4 & 5 Wood End Lane

Fradley Park

Lichfield

Staffordshire

WS13 8EL

REGISTERED NUMBER:

04790249 (England and Wales)

AUDITORS:

Sumer AuditCo Ltd

The Beehive, Beehive Ring Road

Crawley

Gatwick

RH6 0PA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

87,120

115,344

87,120

115,344

CURRENT ASSETS

Debtors

6

425,475

241,239

Cash at bank

540,564

751,298

966,039

992,537

CREDITORS

Amounts falling due within one year

7

624,497

1,022,511

NET CURRENT ASSETS/(LIABILITIES)

341,542

(29,974

)

TOTAL ASSETS LESS CURRENT LIABILITIES

428,662

85,370

PROVISIONS FOR LIABILITIES

9

21,779

28,836

NET ASSETS

406,883

56,534

CAPITAL AND RESERVES

Called up share capital

100

100

Capital redemption reserve

10

1

1

Retained earnings

10

406,782

56,433

SHAREHOLDERS' FUNDS

406,883

56,534

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 director and authorised for issue on 2 June 2025 and were signed by:

Davy Brunel - Director

1.	STATUTORY INFORMATION

Bradbury Transport Services 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 the provisions of section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sale of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2001, was amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, they are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Commercial vehicles

5 to 7 years on straight line method

Motor vehicles

5 to 7 years on straight line method

Computer equipment

3 years on straight line method

Plant and machinery

3 to 7 years on straight line method

Financial instruments

Basic financial assets and liabilities, including trade debtors and creditors, other debtors and creditors and amounts with related parties are initially recognised at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, in which case the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets and liabilities classified as receivable or payable within one year are not amortised.

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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 46 (2023 - 40 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

213,900

285

214,185

AMORTISATION

At 1 January 2024

and 31 December 2024

213,900

285

214,185

NET BOOK VALUE

At 31 December 2024

-

-

-

At 31 December 2023

-

-

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

235,568

DEPRECIATION

At 1 January 2024

120,223

Charge for year

28,225

At 31 December 2024

148,448

NET BOOK VALUE

At 31 December 2024

87,120

At 31 December 2023

115,345

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

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

137,166

DEPRECIATION

At 1 January 2024

43,020

Charge for year

19,319

At 31 December 2024

62,339

NET BOOK VALUE

At 31 December 2024

74,827

At 31 December 2023

94,146

6.

DEBTORS

31.12.24

31.12.23

£

£

Amounts falling due within one year:

Trade debtors

8,676

14,619

Amounts owed by parent company

157,043

-

Other debtors

259,756

216,846

425,475

231,465

31.12.24

31.12.23

£

£

Amounts falling due after more than one year:

Other debtors

-

9,774

Aggregate amounts

425,475

241,239

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts (see note 8)

-

9,499

Trade creditors

198,449

234,142

Amounts owed to parent company

-

576,312

Taxation and social security

311,939

138,279

Other creditors

114,109

64,279

624,497

1,022,511

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.12.24

31.12.23

£

£

Net obligations repayable:

Within one year

-

9,499

9.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

21,779

28,836

Deferred

tax

£

Balance at 1 January 2024

28,836

Movement for the period

(7,057

)

Balance at 31 December 2024

21,779

10.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 January 2024

56,433

1

56,434

Profit for the year

350,349

-

350,349

406,782

1

406,783

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Warren Weiss LLB, MSc, MA, FCA (Senior Statutory Auditor)

for and on behalf of Sumer AuditCo Ltd

12.	RELATED PARTY DISCLOSURES

As at the balance sheet date the company was owed £157,043 (2023 owed to: £576,312) by the immediate holding company Roxane UK Ltd. Interest is not charged on the balances within the group. All transactions with related parties were conducted in the normal course of business and were at arm's length.

13.	ULTIMATE CONTROLLING PARTY

The ultimate holding company is Alma SA for which the registered office address is Les Clos des Sources, 61420, La Ferrière-Bochard, Normandy, France. The parent company of the smallest and largest group to include the company in its consolidated financial statements is Alma SA.