REGISTERED NUMBER: 03655925 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 JULY 2023 TO 29 JUNE 2024

FOR

C.J. PETTITT TRANSPORT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D J Unwin

REGISTERED OFFICE:

Unit 17 Marchington Industrial Estate

Stubby Lane

Marchington

Uttoxeter

Staffordshire

ST14 8LP

REGISTERED NUMBER:

03655925 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,966,569

2,058,964

CURRENT ASSETS

Stocks

160,777

400,006

Debtors

5

3,468,288

1,648,140

Cash at bank

10,804

6,182

3,639,869

2,054,328

CREDITORS

Amounts falling due within one year

6

2,950,961

1,625,706

NET CURRENT ASSETS

688,908

428,622

TOTAL ASSETS LESS CURRENT LIABILITIES

2,655,477

2,487,586

CREDITORS

Amounts falling due after more than one year

7

(1,081,157

)

(1,236,861

)

PROVISIONS FOR LIABILITIES

(477,131

)

(188,875

)

NET ASSETS

1,097,189

1,061,850

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

-

31,482

Retained earnings

1,097,089

1,030,268

1,097,189

1,061,850

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 September 2025 and were signed by:

Mr D J Unwin - Director

1.	STATUTORY INFORMATION

C.J. Pettitt 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 presentation currency of the financial statements is the Pound Sterling (£).

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover includes the element of work completed but not yet invoiced.

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

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period 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 period 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.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 July 2023

1,685,648

815,947

2,501,595

Additions

1,097,151

185,773

1,282,924

Disposals

(865,046

)

(382,000

)

(1,247,046

)

At 29 June 2024

1,917,753

619,720

2,537,473

DEPRECIATION

At 1 July 2023

261,324

181,307

442,631

Charge for period

255,462

112,397

367,859

Eliminated on disposal

(139,211

)

(100,375

)

(239,586

)

At 29 June 2024

377,575

193,329

570,904

NET BOOK VALUE

At 29 June 2024

1,540,178

426,391

1,966,569

At 30 June 2023

1,424,324

634,640

2,058,964

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

139,093

110,078

Amounts owed by group undertakings

876,391

818,485

Other debtors

2,452,804

719,577

3,468,288

1,648,140

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

39,352

121,443

Hire purchase contracts

1,082,525

1,042,790

Trade creditors

361,425

165,173

Amounts owed to group undertakings

1,001,347

-

Taxation and social security

344,617

157,297

Other creditors

121,695

139,003

2,950,961

1,625,706

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

-

33,797

Hire purchase contracts

1,081,157

1,203,064

1,081,157

1,236,861

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Hire purchase contracts

2,163,682

2,245,854

The hire purchase contracts are secured by fixed charges on the assets they relate to.

9.

RESERVES

Revaluation

reserve

£

At 1 July 2023

31,482

Tfr to profit and loss

(31,482

)

At 29 June 2024

-

10.	RELATED PARTY DISCLOSURES

At the year end, included within other debtors, is an amount of £1,352,804 (2023: £675,187) which was owed to the company from companies that the director has an interest in.

Included within other creditors is an amount of £20,000 (2023: £20,143) which was owed by the company to companies that the director has an interest in.

11.	ULTIMATE CONTROLLING PARTY

The ultimate parent company and controlling party is Unique Investment Group Limited, a company incorporated in England & Wales.