12568640falseFreight company2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:Director22024-04-012025-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:MotorCars2024-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/pt:PatentsTrademarksLicencesConcessionsSimilar2024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:MotorCars2025-03-31http://www.companieshouse.gov.uk/pt:PatentsTrademarksLicencesConcessionsSimilar2025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 12568640
Sid Hill Transport Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
Prepared By:
David Williamson Ltd
12b Darwin Court
Hawking Place
Blackpool
FY2 0JN
Sid Hill Transport Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
Simon Hill
Joanna Hill
REGISTERED OFFICE
Hillhouse Industrial Estate
Fleetwood Road North
Thornton-Cleveleys
FY5 4QD
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 12568640
ACCOUNTANTS
David Williamson Ltd
12b Darwin Court
Hawking Place
Blackpool
FY2 0JN
Sid Hill Transport Ltd
ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Sid Hill Transport Ltd
BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Intangible assets3734839
Tangible assets42,556,1361,849,916
2,556,8701,850,755
CURRENT ASSETS
Stock15,78536,456
Debtors6802,151719,295
Cash at bank and in hand216,173137,596
1,034,109893,347
CREDITORS: Amounts falling due within one year71,321,8701,166,398
NET CURRENT LIABILITIES(287,761)(273,051)
TOTAL ASSETS LESS CURRENT LIABILITIES2,269,1091,577,704
CREDITORS: Amounts falling due after more than one year81,723,2471,202,970
NET ASSETS545,862374,734
CAPITAL AND RESERVES
Called up share capital922
Profit and loss account545,860374,732
SHAREHOLDERS' FUNDS545,862374,734
For the year ending 31/03/2025 the company was entitled to exemption 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 22/10/2025 and signed on their behalf by
.............................
Simon Hill
Director
Sid Hill Transport Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesreducing balance 15%
Fixtures and Fittingsreducing balance 25%
Equipmentreducing balance 33%
Motor Carsreducing balance 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
Sid Hill Transport Ltd
2. EMPLOYEES
20252024
No.No.
Average number of employees2221
3. INTANGIBLE FIXED ASSETS
Website
Total
££
Cost
At 01/04/20241,0491,049
At 31/03/20251,0491,049
Depreciation
At 01/04/2024210210
For the year105105
At 31/03/2025315315
Net Book Amounts
At 31/03/2025734734
At 31/03/2024839839
4. TANGIBLE FIXED ASSETS
Land AndCommercialFixtures
BuildingsVehiclesand FittingsEquipmentMotor CarsTotal
££££££
Cost
At 01/04/2024437,2151,769,1305,95812,07512,5002,236,878
Additions29,8911,129,7871,1003,48335,9951,200,256
Disposals-(313,372)--(12,500)(325,872)
At 31/03/2025467,1062,585,5457,05815,55835,9953,111,262
Depreciation
At 01/04/2024-376,1472,7326,8301,253386,962
Disposals-(125,181)--(1,332)(126,513)
For the year-287,2609672,0524,398294,677
At 31/03/2025-538,2263,6998,8824,319555,126
Net Book Amounts
At 31/03/2025467,1062,047,3193,3596,67631,6762,556,136
At 31/03/2024437,2151,392,9833,2265,24511,2471,849,916
Sid Hill Transport Ltd
5. STOCK 20252024
££
Stock comprises:
Stock15,78536,456
15,78536,456
6. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors680,564614,209
VAT12,706994
Other debtors2,5503,435
Prepayments106,33185,310
Accrued income-14,785
Directors current account-562
802,151719,295
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
PAYE control16,25915,018
Directors current account215-
Invoice Discounting151,853287,886
Hire purchase381,126234,502
Trade creditors617,327521,656
Other creditors-1,405
Accruals155,090105,931
1,321,8701,166,398
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans (secured) >1yr268,744275,285
Hire purchase >1yr1,454,503927,685
1,723,2471,202,970
Sid Hill Transport Ltd
9. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22