REGISTERED NUMBER: 05078696 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

B.S. TRANSPORT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B S Nagra

SECRETARY:

Mrs G Nagra

REGISTERED OFFICE:

2 Cedargrove

Hagley

Stourbridge

West Midlands

DY9 0DR

REGISTERED NUMBER:

05078696 (England and Wales)

ACCOUNTANTS:

Ashcrofts Accountants Limited

2 Cedargrove

Hagley

Stourbridge

West Midlands

DY9 0DR

BANKERS:

TSB Bank plc

22a Great Hampton Street

Birmingham

B18 6AH

FIXED ASSETS

Tangible assets

4

61,505

61,390

CURRENT ASSETS

Debtors

5

171,456

167,831

Cash at bank

27,538

45,560

198,994

213,391

CREDITORS

Amounts falling due within one year

6

(89,951

)

(118,609

)

NET CURRENT ASSETS

109,043

94,782

TOTAL ASSETS LESS CURRENT LIABILITIES

170,548

156,172

CREDITORS

Amounts falling due after more than one year

7

(10,922

)

(19,479

)

PROVISIONS FOR LIABILITIES

9

(15,376

)

(15,348

)

NET ASSETS

144,250

121,345

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

144,150

121,245

SHAREHOLDERS' FUNDS

144,250

121,345

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 December 2025 and were signed by:

B S Nagra - Director

1.	STATUTORY INFORMATION

B.S. 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.

Fixtures, fittings & equipment

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Motor

& equipment

vehicles

Totals

£

£

£

COST

At 1 April 2024

2,949

139,745

142,694

Additions

-

19,500

19,500

At 31 March 2025

2,949

159,245

162,194

DEPRECIATION

At 1 April 2024

2,446

78,858

81,304

Charge for year

101

19,284

19,385

At 31 March 2025

2,547

98,142

100,689

NET BOOK VALUE

At 31 March 2025

402

61,103

61,505

At 31 March 2024

503

60,887

61,390

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

29,314

25,689

Other debtors

142,142

142,142

171,456

167,831

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

14,419

10,108

Hire purchase contracts (see note 8)

13,647

7,587

Trade creditors

27,602

56,771

Corporation tax

14,012

17,299

Social security and other taxes

431

431

VAT

12,775

10,211

Other creditors

36

36

Directors' loan accounts

4,904

14,137

Accruals and deferred income

2,125

2,029

89,951

118,609

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

2,743

10,168

Bank loans - 2-5 years

-

2,998

Hire purchase contracts (see note 8)

8,179

6,313

10,922

19,479

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

13,647

7,587

Between one and five years

8,179

6,313

21,826

13,900

Non-cancellable

operating leases

2025

2024

£

£

In more than five years

10,000

10,000

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

15,376

15,348

Deferred

tax

£

Balance at 1 April 2024

15,348

Charged during the year

28

Balance at 31 March 2025

15,376

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary Shares

£1

100

100

11.

RESERVES

Retained

earnings

£

At 1 April 2024

121,245

Profit for the year

45,905

Dividends

(23,000

)

At 31 March 2025

144,150

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 March 2025, there was a loan from Mr B S Nagra of £4,904 (2024: £14,137). This unsecured loan is interest free and repayable on demand.

13.	RELATED PARTY DISCLOSURES

At 31 March 2025, there was a loan to Reap Property Investments Limited of £142,142 (2024: £142,142), a company in which Mr B S Nagra is a director. This unsecured loan is interest free and repayable on demand.