Company Registration No. 7777357 (England and Wales)
A M BRACEWELL TRANSPORT LTD
Unaudited accounts
for the year ended 31 March 2025
A M BRACEWELL TRANSPORT LTD
Unaudited accounts
Contents
A M BRACEWELL TRANSPORT LTD
Company Information
for the year ended 31 March 2025
Directors
R Bracewell
K Bracewell
D Bracewell
K R Bracewell
Company Number
7777357 (England and Wales)
Registered Office
Bracewells Garage
Church
Accrington
Lancashire
BB5 4DG
A M BRACEWELL TRANSPORT LTD
Statement of financial position
as at 31 March 2025
Tangible assets
1,021,698
769,308
Cash at bank and in hand
309,517
466,221
Creditors: amounts falling due within one year
(404,020)
(446,745)
Net current assets
494,080
501,903
Total assets less current liabilities
1,515,778
1,271,211
Creditors: amounts falling due after more than one year
(580,994)
(368,607)
Provisions for liabilities
Deferred tax
(252,975)
(189,340)
Net assets
681,809
713,264
Called up share capital
100
100
Profit and loss account
681,709
713,164
Shareholders' funds
681,809
713,264
For the year ending 31 March 2025 the company was entitled to exemption from audit 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by
K Bracewell
Director
Company Registration No. 7777357
A M BRACEWELL TRANSPORT LTD
Notes to the Accounts
for the year ended 31 March 2025
A M BRACEWELL TRANSPORT LTD is a private company, limited by shares, registered in England and Wales, registration number 7777357. The registered office is Bracewells Garage, Church, Accrington, Lancashire, BB5 4DG.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised over its estimated useful life of 10 years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on reducing balance
Fixtures & fittings
15% on reducing balance
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
A M BRACEWELL TRANSPORT LTD
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Total
5
Tangible fixed assets
Total
At 31 March 2025
2,077,605
Charge for the year
250,561
At 31 March 2025
1,055,907
At 31 March 2025
1,021,698
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
849,892
658,328
The company is a wholly owned subsidiary of Sand Dollar Holdings Limited. Sand Dollar Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 12311560. The registered office is Bracewells Garage, Dill Hall Lane, Church, Accrington, Lancashire BB5 4DG.
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Average number of employees
During the year the average number of employees was 30 (2024: 28).