REGISTERED NUMBER: 11859688 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Glen Court Transport Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C B Andrews

C S Andrews

D M Andrews

S R Andrews

REGISTERED OFFICE:

21 Gold Tops

Newport

South Wales

NP20 4PG

REGISTERED NUMBER:

11859688 (England and Wales)

ACCOUNTANTS:

Guilfoyle Sage LLP

21 Gold Tops

Newport

South Wales

NP20 4PG

FIXED ASSETS

Tangible assets

5

1,247

294

CURRENT ASSETS

Stocks

1,458

1,516

Debtors

6

397,664

378,181

Cash at bank

10,947

26,273

410,069

405,970

CREDITORS

Amounts falling due within one year

7

393,992

402,143

NET CURRENT ASSETS

16,077

3,827

TOTAL ASSETS LESS CURRENT LIABILITIES

17,324

4,121

PROVISIONS FOR LIABILITIES

56

56

NET ASSETS

17,268

4,065

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

17,168

3,965

SHAREHOLDERS' FUNDS

17,268

4,065

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 December 2025 and were signed on its behalf by:

C S Andrews - Director

D M Andrews - Director

C B Andrews - Director

S R Andrews - Director

1.	STATUTORY INFORMATION

Glen Court Transport Limited is a private company, limited by shares and is incorporated in England and Wales. The company's registered number is 11859688, the address of its registered office is 21 Gold Tops, Newport, United Kingdom, NP20 4PG.

The nature of the company's operations and principal activity is that of haulage.

These financial statements are the company's separate financial statements, covering the year ended 31 March 2025 and are presented in Sterling (£), the company's functional currency, rounded to the nearest pound.

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

2.	STATEMENT OF COMPLIANCE

The individual financial statements of Glen Court Transport Limited have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

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 Statement of Income and Retained Earnings, 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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

368

Additions

1,100

At 31 March 2025

1,468

DEPRECIATION

At 1 April 2024

74

Charge for year

147

At 31 March 2025

221

NET BOOK VALUE

At 31 March 2025

1,247

At 31 March 2024

294

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

92,087

65,610

Amounts owed by group undertakings

11,098

11,098

Other debtors

294,479

301,473

397,664

378,181

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

9,203

7,102

Taxation and social security

20,610

30,943

Other creditors

364,179

364,098

393,992

402,143

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

9.	RELATED PARTY DISCLOSURES

During the year, transactions were entered into with key management personnel as follows:

At the year end, included in debtors is £290,796 (2024:£287,648) and included in creditors is the sum of £354,720 (2024:£354,720) owed by and to key management personnel. There is no fixed repayment date on these amounts outstanding and no interest has been charged.

During the year, transactions were entered into with entities under the common control of key management personnel as follows:

Expenditure includes £166,100 (2024:£174,825).

10.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is Glen Court Holdings Limited, company registration number 11860426, a company registered in England and Wales, whose registered office is 21 Gold Tops, Newport, South Wales, NP20 4PG. The ultimate controlling parties are C S Andrews, C B Andrews, D M Andrews and S R Andrews. Copies of the parent company individual financial statements can be obtained from Companies House, Cardiff.