REGISTERED NUMBER: 07106769 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

D M DICKENSON TRANSPORT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R A Dickenson

K P Dickenson

REGISTERED OFFICE:

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

REGISTERED NUMBER:

07106769 (England and Wales)

ACCOUNTANTS:

Randall & Payne LLP

Chartered Accountants

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

310,692

60,949

310,692

60,949

CURRENT ASSETS

Debtors

6

99,397

49,197

Cash at bank

578,804

953,171

678,201

1,002,368

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

7

407,941

539,788

NET CURRENT ASSETS

270,260

462,580

TOTAL ASSETS LESS CURRENT LIABILITIES

580,952

523,529

PROVISIONS FOR LIABILITIES

70,305

14,676

NET ASSETS

510,647

508,853

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

510,547

508,753

SHAREHOLDERS' FUNDS

510,647

508,853

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2025 and were signed on its behalf by:

R A Dickenson - Director

K P Dickenson - Director

1.	STATUTORY INFORMATION

D M Dickenson 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 the provision of section 1A "Small entities" 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.

These financial statements comply with FRS 102 Section 1A.

Turnover

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

Goodwill

The goodwill in the accounts has been fully amortised over its useful life.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets 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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

Financial instruments

Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

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

Contributions payable to the company's pension scheme are charged to the profit or loss in the period to which they relate.

Going concern

There are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern.

Provisions

Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

22,000

AMORTISATION

At 1 April 2024

and 31 March 2025

22,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

141,120

274,292

1,964

417,376

Additions

-

325,136

2,821

327,957

Disposals

-

(212,744

)

(881

)

(213,625

)

At 31 March 2025

141,120

386,684

3,904

531,708

DEPRECIATION

At 1 April 2024

105,674

248,789

1,964

356,427

Charge for year

8,862

46,087

940

55,889

Eliminated on disposal

-

(190,419

)

(881

)

(191,300

)

At 31 March 2025

114,536

104,457

2,023

221,016

NET BOOK VALUE

At 31 March 2025

26,584

282,227

1,881

310,692

At 31 March 2024

35,446

25,503

-

60,949

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

56,467

31,377

VAT

18,117

-

Prepayments and accrued income

24,813

17,820

99,397

49,197

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

16,556

13,944

Corporation Tax

(22,389

)

22,389

Social security and other taxes

752

-

Pensions Payable

298

-

VAT

-

5,470

Other creditors

344,074

430,109

Directors' loan accounts

65,580

64,956

Accruals and deferred income

3,070

2,920

407,941

539,788

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

K P Dickenson

Balance outstanding at start of year

(12,494

)

(12,182

)

Amounts repaid

(312

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(12,806

)

(12,494

)

R A Dickenson

Balance outstanding at start of year

(52,462

)

(52,150

)

Amounts repaid

(312

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(52,774

)

(52,462

)

No interest is being charged on the loans and there are no set repayment terms.

9.	RELATED PARTY DISCLOSURES

At 31 March 2025 the company owed Mrs S Dickenson, wife of one of the directors, £152,430 (31 March 2023 £152,061). Interest is being charged on this loan at 6% (previously 12.5%).

At 31 March 2025 the company owed Mrs D Dickenson, wife of one of the directors, £76,161 (31 March 2024 £86,095). Interest is being charged on this loan at 6% (previously 12.5%).