REGISTERED NUMBER: 10445317 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2025

for

Southern Recovery Service Transport Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P G Attwater

J E Attwater

REGISTERED OFFICE:

Gatlands

Langton Lane

Hurstpierpoint

Hassocks

West Sussex

BN6 9HA

REGISTERED NUMBER:

10445317 (England and Wales)

ACCOUNTANTS:

Sigma Partners

Delmon House

36-38 Church Road

Burgess Hill

West Sussex

RH15 9AE

FIXED ASSETS

Tangible assets

4

877,893

834,656

CURRENT ASSETS

Stocks

7,475

3,475

Debtors

5

382,636

416,894

Cash at bank and in hand

155,483

127,704

545,594

548,073

CREDITORS

Amounts falling due within one year

6

556,416

606,265

NET CURRENT LIABILITIES

(10,822

)

(58,192

)

TOTAL ASSETS LESS CURRENT LIABILITIES

867,071

776,464

CREDITORS

Amounts falling due after more than one year

7

(24,159

)

(46,386

)

PROVISIONS FOR LIABILITIES

(127,729

)

(93,518

)

NET ASSETS

715,183

636,560

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

715,033

636,410

SHAREHOLDERS' FUNDS

715,183

636,560

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 8th December 2025 and were signed on its behalf by:

P G Attwater - Director

J E Attwater - Director

1.	STATUTORY INFORMATION

Southern Recovery Service Transport Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

1,520,895

Additions

199,277

At 31st March 2025

1,720,172

DEPRECIATION

At 1st April 2024

686,239

Charge for year

156,040

At 31st March 2025

842,279

NET BOOK VALUE

At 31st March 2025

877,893

At 31st March 2024

834,656

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1st April 2024

575,824

Additions

51,103

Transfer to ownership

(101,687

)

At 31st March 2025

525,240

DEPRECIATION

At 1st April 2024

249,378

Charge for year

46,623

Transfer to ownership

(34,952

)

At 31st March 2025

261,049

NET BOOK VALUE

At 31st March 2025

264,191

At 31st March 2024

326,446

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

176,332

206,818

Amounts owed by group undertakings

55,250

22,855

Amounts owed by associates

54,178

106,274

Other debtors

96,876

80,947

382,636

416,894

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,441

10,184

Hire purchase contracts

46,255

53,750

Trade creditors

84,495

71,424

Taxation and social security

62,872

77,969

Other creditors

352,353

392,938

556,416

606,265

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,623

13,053

Hire purchase contracts

21,536

33,333

24,159

46,386

8.	RELATED PARTY DISCLOSURES

The management charges were charged to associated businesses under common control.

Such charges are considered to be at arms length.

Debtor balance with associated company was £42600 (2024-£41000)

Unsecured, interest free loans have been made to associated businesses and the balances outstanding at the balance sheet date are as follows:

54,178 (2024-106274)

£55,250 (2024-£22855)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is P G Attwater.