SEY Transport Limited

SEY Transport Limited Accountants' Report For the year ended 30 April 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of SEY Transport Limited for the year ended 30 April 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SEY Transport Limited for the year ended 30 April 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of SEY Transport Limited , as a body, in accordance with the terms of our engagement letter dated 09 December 2025. Our work has been undertaken solely to prepare for your approval the accounts of SEY Transport Limited and state those matters that we have agreed to state to the Board of Directors of SEY Transport Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SEY Transport Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that SEY Transport Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of SEY Transport Limited . You consider that SEY Transport Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of SEY Transport Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 30 April 2025. .................................................... Kendall Accountancy Services Limited 2 Exeter Street Cottingham Hull East Yorkshire HU16 4LU 09 December 2025 1

SEY Transport Limited
Accountants' Report
For the year ended 30 April 2025

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of SEY Transport Limited for the year ended 30 April 2025.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SEY Transport Limited for the year ended 30 April 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of SEY Transport Limited , as a body, in accordance with the terms of our engagement letter dated 09 December 2025. Our work has been undertaken solely to prepare for your approval the accounts of SEY Transport Limited and state those matters that we have agreed to state to the Board of Directors of SEY Transport Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SEY Transport Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SEY Transport Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of SEY Transport Limited . You consider that SEY Transport Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of SEY Transport Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts

30 April 2025.

....................................................
Kendall Accountancy Services Limited
2 Exeter Street
Cottingham
Hull
East Yorkshire
HU16 4LU
09 December 2025

SEY Transport Limited
Statement of Financial Position
As at 30 April 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	643,093	584,235
Investments	4	2	2
		643,095	584,237
Current assets
Debtors		197,919	412,212
Cash at bank and in hand		13,348	3,251
		211,267	415,463
Creditors: amount falling due within one year		(311,659)	(376,037)
Net current assets		(100,392)	39,426

Total assets less current liabilities		542,703	623,663
Creditors: amount falling due after more than one year		(41,785)	(77,105)
Provisions for liabilities		(34,688)	(35,452)
Net assets		466,230	511,106

Capital and reserves
Called up share capital	5	1	1
Profit and loss account		466,229	511,105
Shareholders' funds		466,230	511,106

For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 09 December 2025 and were signed by:

-------------------------------
Stephen Youngman
Director

SEY Transport Limited
Notes to the Abridged Financial Statements
For the year ended 30 April 2025

General Information

SEY Transport Limited is a private company, limited by shares, registered in England and Wales, registration number 03972630, registration address Eclipse House, Clay Street, Hull, East Yorkshire, HU8 8HD.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the income statement on a straight line basis.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20% Straight Line
Motor Vehicles	15% Reducing Balance
Computer Equipment	33% Straight Line

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 10 (2024 : 10).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
At 01 May 2024	-	831,332	412	831,744
Additions	52,974	89,700	-	142,674
Disposals	-	-	-	-
At 30 April 2025	52,974	921,032	412	974,418
Depreciation
At 01 May 2024	-	247,130	380	247,510
Charge for year	1,286	82,497	32	83,815
On disposals	-	-	-	-
At 30 April 2025	1,286	329,627	412	331,325
Net book values
Closing balance as at 30 April 2025	51,688	591,405	-	643,093
Opening balance as at 01 May 2024	-	584,202	33	584,235

Investments

Cost	Investments in group undertakings	Total
	£	£
At 01 May 2024	2	2
Additions	-	-
Disposals	-	-
At 30 April 2025	2	2

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
1 Class A share of £1.00 each	1		1
	1		1

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)		Balance owed by/(owed to)
	2025 £	2024 £	2025 £	2024 £
Drypool Freight Services Limited	-	-	(14,668)	(74,668)
Eclipse Motor Transport Company Ltd	287,675	150,808	5,796	111,305
S & B Transport Limited	397,987	345,476	35,413	111,662

Drypool Freight Services Limited has provided SEY Transport Limited with an Interest Free Loan.
SEY Transport Limited has proivided haulage services to Eclipse Motor Transport Company Ltd.
SEY Transport Limited has proivided haulage services to S&B Transport Limited.


Registered Number: 03972630
England and Wales
SEY TRANSPORT LIMITED

Abridged Accounts

Period of accounts Start date: 01 May 2024 End date: 30 April 2025