REGISTERED NUMBER: 06917763 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

SPARTAN FORK LIFT TRUCKS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M Hughes

A Hughes

REGISTERED OFFICE:

Centurion Way

Cleckheaton

Bradford

West Yorkshire

BD19 3QB

REGISTERED NUMBER:

06917763 (England and Wales)

ACCOUNTANTS:

bk plus Keighley

Chartered Certified Accountants

Suite 1, Aireside House

Royd Ings Avenue

Keighley

West Yorkshire

BD21 4BZ

FIXED ASSETS

Tangible assets

4

1,200,946

1,096,506

CURRENT ASSETS

Stocks

430,658

321,483

Debtors

5

543,636

717,365

Cash at bank and in hand

236,160

198,463

1,210,454

1,237,311

CREDITORS

Amounts falling due within one year

6

(1,153,620

)

(1,101,016

)

NET CURRENT ASSETS

56,834

136,295

TOTAL ASSETS LESS CURRENT LIABILITIES

1,257,780

1,232,801

CREDITORS

Amounts falling due after more than one year

7

(160,295

)

(186,115

)

NET ASSETS

1,097,485

1,046,686

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

1,097,483

1,046,684

SHAREHOLDERS' FUNDS

1,097,485

1,046,686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 13 November 2025 and were signed on its behalf by:

A Hughes - Director

1.	STATUTORY INFORMATION

Spartan Fork Lift Trucks 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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

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 32 (2024 - 31 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 July 2024

1,261,992

95,338

429,949

1,787,279

Additions

358,796

5,683

118,733

483,212

Disposals

(228,549

)

-

(11,958

)

(240,507

)

At 30 June 2025

1,392,239

101,021

536,724

2,029,984

DEPRECIATION

At 1 July 2024

387,510

61,202

242,061

690,773

Charge for year

96,570

4,805

77,241

178,616

Eliminated on disposal

(28,393

)

-

(11,958

)

(40,351

)

At 30 June 2025

455,687

66,007

307,344

829,038

NET BOOK VALUE

At 30 June 2025

936,552

35,014

229,380

1,200,946

At 30 June 2024

874,482

34,136

187,888

1,096,506

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

481,035

641,343

Other debtors

62,601

76,022

543,636

717,365

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

46,875

60,000

Hire purchase contracts

105,252

101,379

Trade creditors

803,070

756,035

Taxation and social security

123,320

160,909

Other creditors

75,103

22,693

1,153,620

1,101,016

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

49,375

Hire purchase contracts

160,295

136,740

160,295

186,115

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

265,547

238,119

The hire purchase liabilities are secured on the assets to which they relate.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2025 and 30 June 2024:

2025

2024

£

£

Mrs M Hughes and A Hughes

Balance outstanding at start of year

(708

)

701

Amounts advanced

708

97,671

Amounts repaid

-

(99,080

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(708

)

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.