BRADGATE TRANSPORT LTD


Director	Jonathan Seal


Registered Address	17 St. Christophers Road
	Ellistown
	Coalville
	LE67 1FE


Registered Number	12591469 (England and Wales)

Balance Sheet as at
31 May 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		2,450		4,900
Tangible assets	4		20,951		20,513
			23,401		25,413
Current assets
Debtors	5	8,016		10,100
Cash at bank and on hand		21,305		27,563
		29,321		37,663
Creditors amounts falling due within one year	6	(36,860)		(43,060)
Net current assets (liabilities)			(7,539)		(5,397)
Total assets less current liabilities			15,862		20,016
Net assets			15,862		20,016
Capital and reserves
Called up share capital			1		1
Profit and loss account			15,861		20,015
Shareholders' funds			15,862		20,016

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 2 October 2025, and are signed on its behalf by:

Jonathan Seal
Director
Registered Company No. 12591469

BRADGATE TRANSPORT LTD

Notes to the Financial Statements
for the year ended 31 May 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 June 24	12,250	12,250
At 31 May 25	12,250	12,250
Amortisation and impairment
At 01 June 24	7,350	7,350
Charge for year	2,450	2,450
At 31 May 25	9,800	9,800
Net book value
At 31 May 25	2,450	2,450
At 31 May 24	4,900	4,900

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 June 24	29,349	-	805	30,154
Additions	8,000	850	-	8,850
Disposals	(5,250)	-	-	(5,250)
At 31 May 25	32,099	850	805	33,754
Depreciation and impairment
At 01 June 24	9,031	-	610	9,641
Charge for year	5,504	57	69	5,630
On disposals	(2,468)	-	-	(2,468)
At 31 May 25	12,067	57	679	12,803
Net book value
At 31 May 25	20,032	793	126	20,951
At 31 May 24	20,318	-	195	20,513

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Prepayments and accrued income	8,016	10,100
Total	8,016	10,100

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	200	-
Taxation and social security	5,333	8,035
Other creditors	30,368	34,067
Accrued liabilities and deferred income	959	958
Total	36,860	43,060


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.