REGISTERED NUMBER: 10485454 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2024

for

Speke Freight Terminal Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Paul James McManus

Mr Stephen Paul McManus

REGISTERED OFFICE:

Unit 37

Speke Hall Avenue

Liverpool Airport

Liverpool

Merseyside

L24 1YD

REGISTERED NUMBER:

10485454 (England and Wales)

ACCOUNTANTS:

LJS Accounting Services (UK) Ltd

Unit 5, 1st Floor

Connect Business Village

24 Derby Road

Liverpool

Merseyside

L5 9PR

FIXED ASSETS

Tangible assets

4

82,179

31,182

CURRENT ASSETS

Debtors

5

181,963

43,028

Cash at bank and in hand

1,295

7,600

183,258

50,628

CREDITORS

Amounts falling due within one year

6

151,417

36,875

NET CURRENT ASSETS

31,841

13,753

TOTAL ASSETS LESS CURRENT LIABILITIES

114,020

44,935

CREDITORS

Amounts falling due after more than one year

7

(73,470

)

(12,457

)

PROVISIONS FOR LIABILITIES

8

(17,964

)

(5,925

)

NET ASSETS

22,586

26,553

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

22,486

26,453

SHAREHOLDERS' FUNDS

22,586

26,553

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 30 September 2025 and were signed on its behalf by:

Mr Paul James McManus - Director

1.	STATUTORY INFORMATION

Speke Freight Terminal Ltd 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.

Motor vehicles

-

25% on reducing balance

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 7 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 December 2023

55,434

Additions

78,390

At 30 November 2024

133,824

DEPRECIATION

At 1 December 2023

24,252

Charge for year

27,393

At 30 November 2024

51,645

NET BOOK VALUE

At 30 November 2024

82,179

At 30 November 2023

31,182

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Trade debtors

181,963

43,028

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Tax

6,534

6,032

Social security and other taxes

56,019

18,182

VAT

85,983

9,244

Directors' current accounts

81

1,562

Accrued expenses

2,800

1,855

151,417

36,875

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.24

30.11.23

£

£

Hire purchase contracts

70,970

12,457

Amounts owed to group undertakings

2,500

-

73,470

12,457

8.	PROVISIONS FOR LIABILITIES

30.11.24

30.11.23

£

£

Deferred tax

17,964

5,925

Deferred

tax

£

Balance at 1 December 2023

5,925

Provided during year

12,039

Balance at 30 November 2024

17,964

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.24

30.11.23

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 December 2023

26,453

Deficit for the year

(3,967

)

At 30 November 2024

22,486