Company No: 04715958 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Richard Charles Colley
	Philip Hartwell
	Deborah Claire Hill
	Derrick Malcolm Osborne (Resigned 20 January 2025)
	Anna Patricia Rendell Knights
	Dale Lesley Wells
	Michael John Wyatt

REGISTERED OFFICE	Park Pavilion
	Barrack Lane
	Harwich
	CO12 3NS
	United Kingdom

COMPANY NUMBER

04715958 (England and Wales)

CHARTERED ACCOUNTANTS	Gascoynes
	Gascoyne House
	Moseleys Farm Business Centre
	Fornham All Saints
	Bury St Edmunds
	Suffolk
	IP28 6JY

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	259,611		124,133
		259,611		124,133
Current assets
Debtors	4	58,980		72,621
Cash at bank and in hand		352,644		299,599
		411,624		372,220
Creditors: amounts falling due within one year	5	( 199,707)		( 104,326)
Net current assets		211,917		267,894
Total assets less current liabilities		471,528		392,027
Net assets		471,528		392,027
Reserves
Other reserves		145,661		145,661
Profit and loss account		325,867		246,366
Total reserves		471,528		392,027

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Harwich Connexions Transport Co-operative Limited (registered number: 04715958) were approved and authorised for issue by the Board of Directors on 08 December 2025. They were signed on its behalf by:

Richard Charles Colley Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Harwich Connexions Transport Co-operative Limited (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Park Pavilion, Barrack Lane, Harwich, CO12 3NS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	20 years straight line
Plant and machinery	20 % reducing balance
Vehicles	25 % reducing balance
Computer equipment	20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	23		18

3. Tangible assets

	Land and buildings		Plant and machinery		Vehicles		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 April 2024	60,000		246		361,474		1,760		423,480
Additions	0		0		204,560		1,211		205,771
Disposals	0		0		( 50,490)		0		( 50,490)
At 31 March 2025	60,000		246		515,544		2,971		578,761
Accumulated depreciation
At 01 April 2024	59,292		69		239,417		569		299,347
Charge for the financial year	708		35		66,945		279		67,967
Disposals	0		0		( 48,164)		0		( 48,164)
At 31 March 2025	60,000		104		258,198		848		319,150
Net book value
At 31 March 2025	0		142		257,346		2,123		259,611
At 31 March 2024	708		177		122,057		1,191		124,133

4. Debtors

	2025		2024
	£		£
Trade debtors	15,628		7,331
Deferred tax asset	32,463		42,221
Other debtors	10,889		23,069
	58,980		72,621

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	1,713		1,667
Other taxation and social security	5,579		4,206
Other creditors	192,415		98,453
	199,707		104,326