R D Simmons Specialist Transport Ltd

Registered number

06683409

Report and Accounts

31 March 2025

R D Simmons Specialist Transport Ltd
Registered number:		06683409
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		42,399			49,882

Current assets
Debtors	4	49,496			73,919
Cash at Bank		3,317			2,049
		52,813			75,968

Creditors: amounts falling due within one year	5	(48,425)			(95,740)

Net current assets/(liabilities)			4,388			(19,772)

Total assets less current liabilities			46,787			30,110

Creditors: amounts falling due after more than one year	6		(6,576)			(14,573)

Provisions for liabilities			(13,060)			(13,060)


Net assets			27,151			2,477

Capital and reserves
Called up share capital			100			100
Profit and loss account			27,051			2,377

Shareholders' funds			27,151			2,477

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




R D Simmons
Director
Approved by the board on 23 December 2025

R D Simmons Specialist Transport Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going Concern
	After reviewing the company’s expectations and future trading conditions, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	15% reducing balance
	Fixtures, fittings, tools and equipment	15% reducing balance


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Grants
	Grants are recognised in the profit or loss, receivable in line with expenditure with which they relate.

2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	22,233		169,590		191,823
	At 31 March 2025	22,233		169,590		191,823

	Depreciation
	At 1 April 2024	11,286		130,655		141,941
	Charge for the year	1,642		5,841		7,483
	At 31 March 2025	12,928		136,496		149,424

	Net book value
	At 31 March 2025	9,305		33,094		42,399
	At 31 March 2024	10,947		38,935		49,882


4	Debtors			2025		2024
£					£

	Trade debtors			7,213		22,767
	Other debtors			42,283		51,152
				49,496		73,919


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			8,097		18,968
	Trade creditors			421		24,058
	Corporation tax			1,483		-
	Other taxes and social security costs			2,156		2,559
	Other Creditors			36,268		50,155
				48,425		95,740


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			6,576		14,573


7	Other information

	R D Simmons Specialist Transport Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	6 Carlton Road
	Romford
	Essex
	RM2 5AA