REGISTERED NUMBER: 07272740 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

BROOKLAND TRANSPORT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Shane D D Lucking

SECRETARY:

Miss Rebecca Thomson

REGISTERED OFFICE:

3 Jesse Terrace

Reading

Berkshire

RG1 7RS

REGISTERED NUMBER:

07272740 (England and Wales)

ACCOUNTANTS:

Malcolm J. Greer FCCA, ATT

Chartered Certified Accountant

3 Jesse Terrace

Reading

Berkshire

RG1 7RS

FIXED ASSETS

Tangible assets

4

96,457

179,539

CURRENT ASSETS

Debtors

5

110,805

76,587

Prepayments and accrued income

2,681

2,393

Cash at bank and in hand

570

9,108

114,056

88,088

CREDITORS

Amounts falling due within one year

6

136,811

157,190

NET CURRENT LIABILITIES

(22,755

)

(69,102

)

TOTAL ASSETS LESS CURRENT LIABILITIES

73,702

110,437

CREDITORS

Amounts falling due after more than one year

7

10,421

71,991

NET ASSETS

63,281

38,446

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

63,181

38,346

SHAREHOLDERS' FUNDS

63,281

38,446

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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 Statement of Income and Retained Earnings 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 Shane D D Lucking - Director

1.	STATUTORY INFORMATION

Brookland 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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on cost

Office equipment

-

33% on cost

Motor vehicles and trailers

-

20% on cost

Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

Plant and

Office

and

machinery

equipment

trailers

Totals

£

£

£

£

COST

At 1 July 2024

13,001

7,315

423,934

444,250

Additions

673

457

-

1,130

At 30 June 2025

13,674

7,772

423,934

445,380

DEPRECIATION

At 1 July 2024

12,988

6,214

245,509

264,711

Charge for year

71

421

83,720

84,212

At 30 June 2025

13,059

6,635

329,229

348,923

NET BOOK VALUE

At 30 June 2025

615

1,137

94,705

96,457

At 30 June 2024

13

1,101

178,425

179,539

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

Motor

vehicles

and

trailers

£

COST

At 1 July 2024

322,035

Transfer to ownership

(74,350

)

At 30 June 2025

247,685

DEPRECIATION

At 1 July 2024

194,319

Charge for year

49,537

Transfer to ownership

(29,740

)

At 30 June 2025

214,116

NET BOOK VALUE

At 30 June 2025

33,569

At 30 June 2024

127,716

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

107,535

67,058

Deferred tax asset

3,270

9,529

110,805

76,587

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

8,667

6,166

Hire purchase contracts (see note 8)

34,664

69,324

Trade creditors

21,311

25,238

Corporation tax

8

-

Social security and other taxes

1,004

259

VAT

21,430

38,322

Net wages creditor

2,963

1,233

Credit card

-

653

Inter company loan

42,504

12,235

Directors' current accounts

560

560

Accruals and deferred income

3,700

3,200

136,811

157,190

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans - 1-2 years

-

5,786

Hire purchase contracts (see note 8)

-

34,664

Other creditors

10,421

31,541

10,421

71,991

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

30.6.25

30.6.24

£

£

Net obligations repayable:

Within one year

34,664

69,324

Between one and five years

-

34,664

34,664

103,988

9.	DEFERRED TAX

£

Balance at 1 July 2024

(9,529

)

Provided during year

6,259

Balance at 30 June 2025

(3,270

)

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

100

Ordinary shares of classes A

to E

£1

100

100

The total share capital of the Company has been sub divided into five classes of ordinary shares labelled A to E inclusive.

The shares have the same rights and restrictions and rank pari passu in all respects save as regards income. Classes A to E inclusive shall be entitled to payments of varying amounts of dividends as decided by the Company from time to time.

11.	RELATED PARTY DISCLOSURES

The inter company loan balance represents a loan from Northchapel Transport Limited.

At the year end, the balance due amounted to £42,504 (2024 - £12,235). The loan is repayable on demand and no interest is payable.

Northchapel Transport Limited is a related party by virtue of it being controlled by Mr. Shane D.D. Lucking the sole shareholder of Brookland Transport Limited.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr. Shane D. Lucking.