REGISTERED NUMBER: 04104838 (England and Wales)

Strategic Report, Report of the Directors and

Financial Statements

for the Year Ended 30 June 2025

for

N.J. Docksey Limited

Page

Company Information

1

Strategic Report

2

Report of the Directors

4

Report of the Independent Auditors

5

Profit and Loss Account

9

Other Comprehensive Income

10

Balance Sheet

11

Statement of Changes in Equity

12

Notes to the Financial Statements

13

DIRECTORS:

Mr N J Docksey

Mrs L B Docksey

Mr C J Docksey

SECRETARY:

Mrs L B Docksey

REGISTERED OFFICE:

Leekbrook Depot Cheadle Road

Leekbrook

Leek

Staffordshire

ST13 7DR

REGISTERED NUMBER:

04104838 (England and Wales)

AUDITORS:

Thompson Wright (Audit) Limited

Ebenezer House

Ryecroft

Newcastle under Lyme

Staffordshire

ST5 2BE

The directors present their strategic report for the year ended 30 June 2025.

REVIEW OF BUSINESS

Throughout the year, the company has continued to concentrate on the core business of supplying bulk powders in the construction industry via their fleet of lorries. Whilst the main office is based in Leek, Staffordshire, the company supplies to sites nationwide.

The results as shown on page 9, show that turnover has increased by 6.1%. As with other operators in the industry, the company has seen increasing fuel and wage costs. The company has been able to pass on some of these costs, it has had to absorb some of the increases, resulting in a 1.3% increase in gross profit margin.

KEY PERFORMANCE INDICATORS

As in previous years, the management consider the key indicators to be;

2025

2024

Turnover growth

6.1%

1.2%

Gross profit

14.9%

13.6%

Net profit before tax

8.4%

8.8%

It is the responsibility of the commercial team to regularly monitor and review these figures and report the results and any corrective actions to the board.

PRINCIPAL RISKS AND UNCERTAINTIES

There are certain risks, which could materially and adversely impact the company's results compared to expectation. A summary of the key risks is set out below. This is not an exhaustive list of the factors that could adversely impact company profitability.

Financial Instruments

The company uses various financial instruments; these include cash and various items, such as trade debtors and trade creditors, that arise directly from its operations.

The existence of these financial instruments exposes the company to several financial risks which are described in more detail below.

The main risks arising from the group's financial instruments are categorised as market risk, credit risk and liquidity risk. The directors review and agree policies for managing these risks and they are summarised below.

Financial Risk

The company's policy throughout the year has been to try and maintain liquid funds at the bank to avoid incurring interest charges. Where the company has to undertake short term borrowings it is the company's policy to minimise the amount of borrowings at floating rates of interest.

The maturity of the borrowings is set out on note 16 to the financial statements.

Market Risk

To minimise market risk, the operations team constantly monitor fuel prices and competitor prices to ensure that they can offer competitive prices.

Credit Risk

The principal credit risk arises from the trade debtors.

In order to manage credit risk, the directors set limits for its customers based on a combination of payment history and credit references. Credit limits are reviewed by the credit controller on a regular basis in conjunction with debt ageing and collection history.

Liquidity Risk

The business has a very strong relationship with its bank. The company has the facilities available to meet its needs on an ongoing basis. These facilities are reviewed on a regular basis, by both the bank and the management, and are in accordance with the needs of the group.

FUTURE DEVELOPMENTS

The directors continually monitor the services the company provides to maintain a strong position in the market place.

The directors have a policy in investing in the company's operating fleet, renewing older vehicles as and when necessary to allow the company to continue to deliver the best service at the best value.

ON BEHALF OF THE BOARD:

Mrs L B Docksey - Director

22 December 2025

The directors present their report with the financial statements of the company for the year ended 30 June 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of freight transport.

DIVIDENDS

The total distribution of dividends for the year ended 30 June 2025 will be £ 105,269 .

DIRECTORS

The directors shown below have held office during the whole of the period from 1 July 2024 to the date of this report.

Mr N J Docksey

Mrs L B Docksey

Mr C J Docksey

DISCLOSURE IN THE STRATEGIC REPORT

The company has chosen in accordance with section 414(c) of the Companies Act 2006 (Strategic and Directors Report) Regulations 2013 to set out in the company's Strategic report information required by schedule 7 of the Large and Medium Sized Companies and Groups (Accounts and Reports) regulations 2008.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulation.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have prepared the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- state whether applicable United Kingdom Accounting Standards, comprising FRS 102, have been followed, subject to any material departures disclosed and explained in the financial statements;

- make judgements and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006.

The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Thompson Wright (Audit) Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

Mrs L B Docksey - Director

22 December 2025

Opinion

We have audited the financial statements of N.J. Docksey Limited (the 'company') for the year ended 30 June 2025 which comprise the Profit and Loss Account, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 30 June 2025 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis of opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page four, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

- the Senior Statutory Auditor ensured that the audit team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

- we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the haulage of materials sector;

- we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation, data protection, anti-bribery, employment, environmental consumer rights act, other industry specific accreditations and health and safety legislation;

- we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and

- identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

- making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

- performed analytical procedures to identify any unusual or unexpected relationships;

- tested journal entries to identify unusual transactions;

- assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and

- investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

- agreeing financial statement disclosures to underlying supporting documentation;

- reading the minutes of meetings of those charged with governance;

- enquiring of management as to actual and potential litigation and claims; and

- reviewing correspondence with HMRC, relevant regulators including the Health and Safety Executive, and the company's legal advisors.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Jeremy Bostock BA(Hons) BFP FCA (Senior Statutory Auditor)

for and on behalf of Thompson Wright (Audit) Limited

Ebenezer House

Ryecroft

Newcastle under Lyme

Staffordshire

ST5 2BE

22 December 2025

TURNOVER

3

9,170,511

8,641,999

Cost of sales

7,805,110

7,465,063

GROSS PROFIT

1,365,401

1,176,936

Administrative expenses

437,190

323,806

928,211

853,130

Other operating income

-

23,446

OPERATING PROFIT

6

928,211

876,576

Interest receivable and similar income

5,673

2,146

933,884

878,722

Interest payable and similar expenses

7

160,696

114,728

PROFIT BEFORE TAXATION

773,188

763,994

Tax on profit

8

186,675

205,144

PROFIT FOR THE FINANCIAL YEAR

586,513

558,850

PROFIT FOR THE YEAR

586,513

558,850

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

586,513

558,850

FIXED ASSETS

Intangible assets

10

-

-

Tangible assets

11

7,031,598

6,038,339

7,031,598

6,038,339

CURRENT ASSETS

Stocks

12

184,389

216,140

Debtors

13

2,242,386

1,903,155

Cash at bank and in hand

217,597

208,269

2,644,372

2,327,564

CREDITORS

Amounts falling due within one year

14

2,524,532

2,287,976

NET CURRENT ASSETS

119,840

39,588

TOTAL ASSETS LESS CURRENT LIABILITIES

7,151,438

6,077,927

CREDITORS

Amounts falling due after more than one year

15

(2,114,667

)

(1,709,075

)

PROVISIONS FOR LIABILITIES

19

(1,275,808

)

(1,089,133

)

NET ASSETS

3,760,963

3,279,719

CAPITAL AND RESERVES

Called up share capital

20

2

2

Retained earnings

21

3,760,961

3,279,717

SHAREHOLDERS' FUNDS

3,760,963

3,279,719

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

Mrs L B Docksey - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 July 2023

2

2,829,089

2,829,091

Changes in equity

Dividends

-

(108,222

)

(108,222

)

Total comprehensive income

-

558,850

558,850

Balance at 30 June 2024

2

3,279,717

3,279,719

Changes in equity

Dividends

-

(105,269

)

(105,269

)

Total comprehensive income

-

586,513

586,513

Balance at 30 June 2025

2

3,760,961

3,760,963

1.	STATUTORY INFORMATION

N.J. Docksey 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 (£).

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, being the 12 month period from the date of these accounts being approved and therefore the financial statements have been prepared on a going concern basis.

Financial Reporting Standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

•

the requirements of Section 7 Statement of Cash Flows;

•

the requirement of paragraph 33.7.

The financial statements of the company are consolidated in the financial statements of Docksey Transport Holdings Limited. These consolidated financial statements are available from its registered office, Leekbrook Depot Cheadle Road, Leekbrook, Leek, Staffordshire, ST13 7DR.

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.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of financial statements in conformity with generally accepted principles requires the directors to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Some of these estimates and judgements are inherently uncertain and subject to change.

The impact of any change in accounting estimates is reflected in the period in which the estimate is revised, if the revision only affects the period, or in the period of the revision and future periods if the revision affects both current and future periods. In this respect the directors believe that the critical accounting policies where judgements or estimations are necessarily applied are as follows.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax and derived within the United Kingdom.

Turnover is recognised as the company becomes entitled to consideration for the goods and services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced on service contracts.

Impairment of debtors

Management perform ongoing reviews of the recoverability of debtor balances, An allowance for doubtful debts is maintained for potential credit losses based on management's assessment of the expected collectability of amounts receivable. The allowance for bad debts is reviewed periodically to assess the adequacy of the allowance

Goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. These businesses were purchased in 2002, with the goodwill on purchase being initially recognised at cost and subsequently recognised at cost less accumulated amortisation and impairment losses. This goodwill has now been fully amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Long leasehold

-

2% on cost

Plant and machinery

-

10% on cost

Motor vehicles

-

10% on cost

Computer equipment

-

25% on cost

Depreciation is calculated at the headline annual rate, but is charged within the accounts on a monthly basis.

Useful economic lives of tangible assets

The annual depreciation charge for tangible assets is sensitive to changes in the estimates of useful economic lives and residual value of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, of economic utilisation of the assets.

Stocks

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

Financial instruments

The company has chosen to adopt the Sections 11 and 12 of FRS 102 in respect of financial instruments.

(i) Financial assets

Basic financial assets, including trade and other debtors, and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors and loans from fellow group companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as creditors due after more than one year. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Invoice discounting

The company operates an invoice discounting facility. In accordance with FRS 102 the company has adopted the separate presentation approach with trade debtors and the amounts advanced against those trade debtors shown in debtors and creditors respectively.

3.

TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the company.

An analysis of turnover by geographical market is given below:

2025

2024

£

£

United Kingdom

9,170,511

8,641,999

9,170,511

8,641,999

4.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

2,906,485

2,622,826

Social security costs

324,820

270,657

Other pension costs

65,322

58,740

3,296,627

2,952,223

The average number of employees during the year was as follows:

2025

2024

Directors

3

3

Cost of Sales staff

61

57

64

60

5.	DIRECTORS' EMOLUMENTS

2025

2024

£

£

Directors' remuneration

42,973

39,855

The number of directors to whom retirement benefits were accruing were as follows:

2024

2023

£

£

Money purchase schemes

1

1

Key Management Compensation

The company has taken advantage of the exemption under paragraph 1.12(e), from disclosing key management compensation, on the basis that it is a qualifying entity and its ultimate parent company Docksey Transport Holdings Limited, includes the company's key management compensation in its consolidated financial statements.

6.	OPERATING PROFIT

The operating profit is stated after charging/(crediting):

2025

2024

£

£

Hire of plant and machinery

528

3,243

Contract haulage

24,255

76,723

Depreciation - owned assets

497,757

405,572

Depreciation - assets on hire purchase contracts

549,950

500,900

Loss/(profit) on disposal of fixed assets

27,943

(79,980

)

Auditors' remuneration

13,750

13,450

7.

INTEREST PAYABLE AND SIMILAR EXPENSES

2025

2024

£

£

Bank interest

36

491

Bank loan interest

7,735

13,814

Hire purchase

152,925

100,423

160,696

114,728

8.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

2025

2024

£

£

Deferred tax

186,675

205,144

Tax on profit

186,675

205,144

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

2025

2024

£

£

Profit before tax

773,188

763,994

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

193,297

190,999

Effects of:

Expenses not deductible for tax purposes

1,229

1,268

Capital allowances in excess of depreciation

(83,632

)

(89,516

)

Losses carried forward

59,429

102,393

Group loss relief

16,352

-

Total tax charge

186,675

205,144

9.

DIVIDENDS

2025

2024

£

£

Interim

105,269

108,222

10.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

and 30 June 2025

50,000

AMORTISATION

At 1 July 2024

and 30 June 2025

50,000

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

-

11.	TANGIBLE FIXED ASSETS

Long

Plant and

Motor

Computer

leasehold

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 July 2024

129,258

222,945

10,326,816

31,048

10,710,067

Additions

17,000

90,778

1,985,105

6,026

2,098,909

Disposals

-

(6,812

)

(346,080

)

(3,059

)

(355,951

)

At 30 June 2025

146,258

306,911

11,965,841

34,015

12,453,025

DEPRECIATION

At 1 July 2024

35,978

100,978

4,507,584

27,188

4,671,728

Charge for year

2,843

24,019

1,017,867

2,978

1,047,707

Eliminated on disposal

-

(6,657

)

(288,292

)

(3,059

)

(298,008

)

At 30 June 2025

38,821

118,340

5,237,159

27,107

5,421,427

NET BOOK VALUE

At 30 June 2025

107,437

188,571

6,728,682

6,908

7,031,598

At 30 June 2024

93,280

121,967

5,819,232

3,860

6,038,339

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

Motor

vehicles

£

COST

At 1 July 2024

5,100,402

Additions

1,985,105

Transfer to ownership

(1,499,858

)

At 30 June 2025

5,585,649

DEPRECIATION

At 1 July 2024

910,375

Charge for year

549,950

Transfer to ownership

(519,022

)

At 30 June 2025

941,303

NET BOOK VALUE

At 30 June 2025

4,644,346

At 30 June 2024

4,190,027