REGISTERED NUMBER: 05624620 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Tom & Tandy Transport Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Hoyles

M Cowper

REGISTERED OFFICE:

140 Rayne Road

Braintree

Essex

CM7 2QR

BUSINESS ADDRESS:

Unit CB5, Codham Hall

Great Warley

Brentwood

Essex

CM13 3JT

REGISTERED NUMBER:

05624620 (England and Wales)

ACCOUNTANTS:

Baverstocks Group Limited

140 Rayne Road

Braintree

Essex

CM7 2QR

FIXED ASSETS

Tangible assets

4

349,162

346,185

CURRENT ASSETS

Debtors

5

505,991

553,881

Cash at bank

212,872

258,758

718,863

812,639

CREDITORS

Amounts falling due within one year

6

246,194

349,277

NET CURRENT ASSETS

472,669

463,362

TOTAL ASSETS LESS CURRENT LIABILITIES

821,831

809,547

CREDITORS

Amounts falling due after more than one year

7

(90,532

)

(109,002

)

PROVISIONS FOR LIABILITIES

8

(85,332

)

(84,088

)

NET ASSETS

645,967

616,457

CAPITAL AND RESERVES

Called up share capital

300

200

Retained earnings

645,667

616,257

SHAREHOLDERS' FUNDS

645,967

616,457

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 12 August 2025 and were signed on its behalf by:

P J Hoyles - Director

1.	STATUTORY INFORMATION

Tom & Tandy 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.

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 represents net invoiced work done, excluding value added tax.

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.

Equipment

-

20% on reducing balance

Office equipment

-

15% on reducing balance

Commercial vehicles

-

25% on reducing balance

Computer equipment

-

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.

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 12 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Office

Commercial

Equipment

equipment

vehicles

£

£

£

COST

At 1 April 2024

4,663

1,595

659,066

Additions

1,897

532

111,661

Disposals

-

-

(31,864

)

At 31 March 2025

6,560

2,127

738,863

DEPRECIATION

At 1 April 2024

3,834

1,201

324,621

Charge for year

543

139

104,884

Eliminated on disposal

-

-

(27,611

)

At 31 March 2025

4,377

1,340

401,894

NET BOOK VALUE

At 31 March 2025

2,183

787

336,969

At 31 March 2024

829

394

334,445

Property

Computer

improvements

equipment

Totals

£

£

£

COST

At 1 April 2024

10,000

3,809

679,133

Additions

-

1,170

115,260

Disposals

-

-

(31,864

)

At 31 March 2025

10,000

4,979

762,529

DEPRECIATION

At 1 April 2024

166

3,126

332,948

Charge for year

2,000

464

108,030

Eliminated on disposal

-

-

(27,611

)

At 31 March 2025

2,166

3,590

413,367

NET BOOK VALUE

At 31 March 2025

7,834

1,389

349,162

At 31 March 2024

9,834

683

346,185

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

Commercial

vehicles

£

COST

At 1 April 2024

373,311

Additions

67,500

Transfer to ownership

(72,550

)

At 31 March 2025

368,261

DEPRECIATION

At 1 April 2024

125,786

Charge for year

77,351

Transfer to ownership

(55,334

)

At 31 March 2025

147,803

NET BOOK VALUE

At 31 March 2025

220,458

At 31 March 2024

247,525

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

336,566

363,078

Other debtors

11,625

5,000

Other loan

156,307

153,453

Prepayments

1,493

32,350

505,991

553,881

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

41,130

35,346

Trade creditors

34,581

77,510

Tax

25,926

36,842

Social security and other taxes

118,003

114,816

Other creditors

3,972

57,312

Directors' current accounts

8,132

13,251

Accrued expenses

4,450

4,200

246,194

349,277

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

1,667

10,000

Bank loans - 2-5 years

-

1,667

Hire purchase contracts

88,865

97,335

90,532

109,002

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

85,332

84,088

Deferred

tax

£

Balance at 1 April 2024

84,088

Increase in provision

1,244

Balance at 31 March 2025

85,332

The deferred taxation provision relates solely to short term timing differences between capital allowances and depreciation on qualifying fixed assets.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P J Hoyles.