John Quinn and Sons Car Transport Limited Company accounts

COMPANY REGISTRATION NUMBER: 02698122

John Quinn and Sons Car Transport Limited

Financial Statements

31 March 2025

John Quinn and Sons Car Transport Limited

Financial Statements

Year ended 31 March 2025

Contents	Pages

Officers and professional advisers	1

Strategic report	2 to 3

Directors' report	4 to 5

Independent auditor's report to the members	6 to 9

Statement of income and retained earnings	10

Statement of financial position	11 to 12

Statement of cash flows	13

Notes to the financial statements	14 to 22

John Quinn and Sons Car Transport Limited

Officers and Professional Advisers

The board of directors	Mr A W Quinn
	Mrs A Mosley
	Mrs S Dunmow
	Mrs L Quinn

Company secretary	Mrs S A Quinn

Registered office	Mundial House
	Kiveton Park Station
	Sheffield
	S26 6NP

Auditor	Hebblethwaites
	Chartered Accountants & Statutory Auditors
	2 Westbrook Court
	Sharrow Vale Road
	Sheffield
	S11 8YZ

John Quinn and Sons Car Transport Limited

Strategic Report

Year ended 31 March 2025

The directors present their strategic report for the year ended 31 March 2025. The strategic report is only part of the company's annual account and reports. Any person entitled to a full copy of the company's annual accounts and reports can obtain them from the directors.

Review of the business

Founded in 1985 by Anthony and Susan Quinn, John Quinn and Sons Car Transport Limited proudly celebrates its 40th anniversary this year. Over four decades, the company has grown into one of the United Kingdom's leading vehicle transport firms, recognised for its reliability, professionalism and value for money. Today, the founders' daughters - Samantha, Abigail and Laura - continue to drive the company forward with a strong focus on innovation, customer service and sustainability. Under their leadership, the business has achieved consistent growth and implemented new technologies and operational improvements across all areas. The company's turnover decreased this year from £10,286,786 to £10,041,283 while profit after tax decreased from £1,547,158 to £996,596. The outlook for the next financial year remains positive, supported by strong and stable market demand. During the year, the company successfully completed the final stages of several multi-year contracts and renewed rolling agreements with key UK manufacturers and long-standing customers. It also secured new partnerships with major auction groups and rental operators, further diversifying its client portfolio. Demand remained stable across all core sectors - manufacturer, auction and rental. The company continues to invest in its fleet, acquiring new vehicles and the latest equipment to ensure maximum efficiency, safety, environmental performance and service quality. The fleet has been upgraded with advanced telematics systems and in-vehicle cameras, improving route planning, safety, environmental and operational efficiency. These initiatives reaffirm the company's ongoing commitment to safety, environmental responsibility and operational excellence. John Quinn and Sons was recently featured in The Commercial Motor magazine, with the new celebratory 40th anniversary trucks taking the front page. The company's growth has also been recognised and has been mentioned as one of the top 20 fastest-growing businesses in Yorkshire.

Innovation and technology

Innovation remains central to the company's long-term strategy. Its bespoke, web-based operations platform enables seamless coordination between drivers, the transport office and customers. A major system upgrade is planned for 2026, which will deliver enhanced infrastructure, greater automation and an improved customer experience. In addition, new and upgraded systems are being developed to meet specific customer requirements. These include integrated vehicle inspection videos and electronic data interchange (EDI) features, designed to increase transparency, accuracy and service quality.

Investment and future outlook

Following another successful year, the company relocated to new purpose-built headquarters, providing modern facilities and professional environment for staff. The new site enhances communication, efficiency and customer experience, reflecting the company's continued growth and forward-looking approach. John Quinn and Sons remains in a strong financial position to continue investing in its new offices, driver welfare facilities and workshops. These developments aim to improve the working environments, promote staff wellbeing and enhance productivity across all departments. As the company marks its 40th year, the directors remain committed to sustainable growth through continued investment in people, technology and fleet modernisation. With a dedicated, long-serving workforce, modern facilities, and a proven reputation for excellence, John Quinn and Sons Car Transport Limited is well positioned for continued success in the years ahead.

This report was approved by the board of directors on 15 January 2026 and signed on behalf of the board by:

Mrs A Mosley

Director

Registered office:

Mundial House

Kiveton Park Station

Sheffield

S26 6NP

John Quinn and Sons Car Transport Limited

Directors' Report

Year ended 31 March 2025

The directors present their report and the financial statements of the company for the year ended 31 March 2025 .

Directors

The directors who served the company during the year were as follows:

Mr A W Quinn
Mrs A Mosley
Mrs S Dunmow
Mrs L Quinn

Dividends

Particulars of recommended dividends are detailed in note 12 to the financial statements.

Disclosure of information in the strategic report

The company has included its review of business, including future developments, within the strategic report pages.

Directors' responsibilities statement

The directors are responsible for preparing the strategic report, directors' report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards 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 the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - 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. They 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. Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

This report was approved by the board of directors on 15 January 2026 and signed on behalf of the board by:

Mrs A Mosley

Director

Registered office:

Mundial House

Kiveton Park Station

Sheffield

S26 6NP

John Quinn and Sons Car Transport Limited

Independent Auditor's Report to the Members of John Quinn and Sons Car Transport Limited

Year ended 31 March 2025

Opinion

We have audited the financial statements of John Quinn and Sons Car Transport Limited (the 'company') for the year ended 31 March 2025 which comprise the statement of income and retained earnings, statement of financial position, statement of cash flows and the related notes, 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 FRS 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 31 March 2025 and of its profit for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for 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 auditor's 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 other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. 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 there is a material misstatement in the financial statements or a material misstatement of the other information. 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 directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report 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 directors' report. We have nothing to report in respect of the following matters in relation to which 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 directors' responsibilities statement, 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 is 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.

Auditor's 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 an auditor’s report 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. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion. In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following: - the nature of the industry and sector, control environment and business performance, including the identification of related party transactions, and matters which could potentially impact on the company's continuation as a going concern; - results of our enquiries of management and assessment of the risks of irregularities; - any matters we identified having obtained and reviewed the company's documentation of their policies and procedures relating to: - identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance; - detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud; - the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations; - the matters discussed among the audit engagement team, including how and where fraud might occur in the financial statements and any potential indicators of fraud. As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in relation to revenue recognition. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override. We also obtained an understanding of the legal and regulatory frameworks that the company operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Companies Act, UK Corporate Governance Code and local tax legislation. In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the company's ability to operate or to avoid a material penalty. We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members, and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. - Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. 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 an auditor's report 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.

Andrew Throssell FCA

(Senior Statutory Auditor)

For and on behalf of

Hebblethwaites

Chartered Accountants & Statutory Auditors

2 Westbrook Court

Sharrow Vale Road

Sheffield

S11 8YZ

15 January 2026

John Quinn and Sons Car Transport Limited

Statement of Income and Retained Earnings

Year ended 31 March 2025

		2025	2024
Note		£	£
Turnover	4	10,041,283	10,286,786

Cost of sales	5,747,476	5,816,578
	-------------	-------------
Gross profit	4,293,807	4,470,208

Administrative expenses		3,036,898	2,414,689
		------------	------------
Operating profit	5	1,256,909	2,055,519

Other interest receivable and similar income	9	133,821	63,044
Interest payable and similar expenses	10	57,326	41,700
		------------	------------
Profit before taxation		1,333,404	2,076,863

Tax on profit	11	336,808	529,705
		------------	------------
Profit for the financial year and total comprehensive income		996,596	1,547,158
		------------	------------

Dividends paid and payable	12	( 92,500)	( 111,000)

Retained earnings at the start of the year	5,361,251	3,925,093
	------------	------------
Retained earnings at the end of the year	6,265,347	5,361,251
	------------	------------

All the activities of the company are from continuing operations.

John Quinn and Sons Car Transport Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	13	3,132,069	2,673,595

Current assets

Debtors	14	1,776,147	2,195,811
Cash at bank and in hand		4,217,004	2,951,091
		------------	------------
		5,993,151	5,146,902

Creditors: amounts falling due within one year	15	1,192,581	1,436,220
		------------	------------
Net current assets		4,800,570	3,710,682
		------------	------------
Total assets less current liabilities		7,932,639	6,384,277

Creditors: amounts falling due after more than one year	16	1,015,758	532,887

Provisions

Taxation including deferred tax	18	651,386	489,991
		------------	------------
Net assets		6,265,495	5,361,399
		------------	------------

John Quinn and Sons Car Transport Limited

Statement of Financial Position (continued)

31 March 2025

	2025	2024
Note	£	£

Capital and reserves

Called up share capital	21	148	148
Profit and loss account		6,265,347	5,361,251
		------------	------------
Shareholders funds		6,265,495	5,361,399
		------------	------------

These financial statements were approved by the board of directors and authorised for issue on 15 January 2026 , and are signed on behalf of the board by:

Mrs A Mosley

Director

Company registration number: 02698122

John Quinn and Sons Car Transport Limited

Statement of Cash Flows

Year ended 31 March 2025

	2025	2024
	£	£

Cash flows from operating activities

Profit for the financial year	996,596	1,547,158

Adjustments for:
Depreciation of tangible assets	789,735	672,105
Other interest receivable and similar income	( 133,821)	( 63,044)
Interest payable and similar expenses	57,326	41,700
Gains on disposal of tangible assets	( 45,055)	( 9,566)
Tax on profit	336,808	529,705

Changes in:
Trade and other debtors	419,664	( 261,136)
Trade and other creditors	34,508	( 90,757)
	------------	------------
Cash generated from operations	2,455,761	2,366,165

Interest paid	( 57,326)	( 41,700)
Interest received	133,821	63,044
Tax paid	( 486,745)	( 27,649)
	------------	------------
Net cash from operating activities	2,045,511	2,359,860
	------------	------------

Cash flows from investing activities

Purchase of tangible assets	( 1,315,954)	( 643,155)
Proceeds from sale of tangible assets	112,800	56,501
	------------	------------
Net cash used in investing activities	( 1,203,154)	( 586,654)
	------------	------------

Cash flows from financing activities

Payments of finance lease liabilities	516,056	( 628,241)
Dividends paid	( 92,500)	( 111,000)
	------------	------------
Net cash from/(used in) financing activities	423,556	( 739,241)
	------------	------------

Net increase in cash and cash equivalents	1,265,913	1,033,965
Cash and cash equivalents at beginning of year	2,951,091	1,917,126
	------------	------------
Cash and cash equivalents at end of year	4,217,004	2,951,091
	------------	------------

John Quinn and Sons Car Transport Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Mundial House, Kiveton Park Station, Sheffield, S26 6NP.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In the opinion of management, there are no areas of judgement or key sources of estimation uncertainty that have a significant effect on the financial statements, other than those highlighted below.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Improvements to property	-	15% reducing balance
Commercial vehicle fleet	-	20% reducing balance
Fixtures and fittings	-	25% reducing balance
Motor vehicles	-	25% reducing balance

	Computer equipment	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Turnover

Turnover arises from:

	2025	2024
	£	£
Rendering of services	10,041,283	10,286,786
	-------------	-------------

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

5. Operating profit

Operating profit or loss is stated after charging/crediting:

	2025	2024
	£	£
Depreciation of tangible assets	789,735	672,105
Gains on disposal of tangible assets	( 45,055)	( 9,566)
Impairment of trade debtors	674	–
Operating lease rentals	43,018	22,925
	---------	---------

6. Auditor's remuneration

	2025	2024
	£	£
Fees payable for the audit of the financial statements	7,300	6,700
	-------	-------

7. Staff costs

The average number of persons employed by the company during the year, including the directors, amounted to:

	2025	2024
	No.	No.
Production staff	48	48
Administrative staff	11	11
	----	----
	59	59
	----	----

The aggregate payroll costs incurred during the year, relating to the above, were:

	2025	2024
	£	£
Wages and salaries	3,193,684	2,944,900
Social security costs	394,754	363,852
Other pension costs	245,980	238,125
	------------	------------
	3,834,418	3,546,877
	------------	------------

8. Directors' remuneration

The directors' aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	480,006	362,590
Company contributions to defined contribution pension plans	187,289	184,160
	---------	---------
	667,295	546,750
	---------	---------

The number of directors who accrued benefits under company pension plans was as follows:

	2025	2024
	No.	No.
Defined contribution plans	3	3
	----	----

Remuneration of the highest paid director in respect of qualifying services:

	2025	2024
	£	£
Aggregate remuneration	116,973	91,560
Company contributions to defined contribution pension plans	62,396	61,321
	---------	---------
	179,369	152,881
	---------	---------

9. Other interest receivable and similar income

	2025	2024
	£	£
Interest on bank deposits	133,000	63,044
Other interest receivable and similar income	821	–
	---------	--------
	133,821	63,044
	---------	--------

10. Interest payable and similar expenses

	2025	2024
	£	£
Interest on obligations under finance leases and hire purchase contracts	57,234	41,700
Other interest payable and similar charges	92	–
	--------	--------
	57,326	41,700
	--------	--------

11. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	175,413	474,565

Deferred tax:

Origination and reversal of timing differences	161,395	55,140
	---------	---------
Tax on profit	336,808	529,705
	---------	---------

Reconciliation of tax expense

The tax assessed on the profit on ordinary activities for the year is higher than (2024: higher than) the standard rate of corporation tax in the UK of 25 % (2024: 25 %).

	2025	2024
	£	£
Profit on ordinary activities before taxation	1,333,404	2,076,863
	------------	------------
Profit on ordinary activities by rate of tax	333,351	519,216
Effect of expenses not deductible for tax purposes	2,943	10,441
Effect of capital allowances and depreciation	514	21,864
Utilisation of tax losses	–	( 21,816)
	------------	------------
Tax on profit	336,808	529,705
	------------	------------

12. Dividends

	2025	2024
	£	£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year )	92,500	111,000
	--------	---------

13. Tangible assets

	Freehold property	Commercial vehicle fleet	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Apr 2024	42,019	7,773,606	32,634	123,467	58,841	8,030,567
Additions	15,000	1,207,911	84,030	5,193	3,820	1,315,954
Disposals	–	( 466,700)	–	–	–	( 466,700)
	--------	------------	---------	---------	--------	------------
At 31 Mar 2025	57,019	8,514,817	116,664	128,660	62,661	8,879,821
	--------	------------	---------	---------	--------	------------
Depreciation
At 1 Apr 2024	24,303	5,213,012	27,337	45,700	46,620	5,356,972
Charge for the year	2,415	740,239	22,331	20,739	4,011	789,735
Disposals	–	( 398,955)	–	–	–	( 398,955)
	--------	------------	---------	---------	--------	------------
At 31 Mar 2025	26,718	5,554,296	49,668	66,439	50,631	5,747,752
	--------	------------	---------	---------	--------	------------
Carrying amount
At 31 Mar 2025	30,301	2,960,521	66,996	62,221	12,030	3,132,069
	--------	------------	---------	---------	--------	------------
At 31 Mar 2024	17,716	2,560,594	5,297	77,767	12,221	2,673,595
	--------	------------	---------	---------	--------	------------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Commercial vehicle fleet
	£
At 31 March 2025	1,615,832
	------------
At 31 March 2024	1,263,834
	------------

14. Debtors

	2025	2024
	£	£
Trade debtors	1,602,025	1,967,063
Directors loan account	122,365	160,077
Other debtors	51,757	68,671
	------------	------------
	1,776,147	2,195,811
	------------	------------

The debtors above include the following amounts falling due after more than one year:

	2025	2024
	£	£
Other debtors	39,768	51,948
	--------	--------

15. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	145,762	122,163
Corporation tax	135,584	446,916
Social security and other taxes	287,315	335,045
Obligations under finance leases and hire purchase contracts	501,334	468,149
Other creditors	122,586	63,947
	------------	------------
	1,192,581	1,436,220
	------------	------------

Included in obligations under finance leases and hire purchase contracts above is £501,334 (2024: £468,149) in respect of hire purchase liabilities, secured on the respective assets of the company to which they relate.

16. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Obligations under finance leases and hire purchase contracts	1,015,758	532,887
	------------	---------

Included in obligations under finance leases and hire purchase contracts above is £1,015,758 (2024: £532,887) in respect of hire purchase liabilities, secured on the respective assets of the company to which they relate.

17. Finance leases and hire purchase contracts

The total future minimum lease payments under finance leases and hire purchase contracts are as follows:

	2025	2024
	£	£
Not later than 1 year	501,334	468,149
Later than 1 year and not later than 5 years	1,015,758	532,887
	------------	------------
	1,517,092	1,001,036
	------------	------------

18. Provisions

	Deferred tax (note 19)
	£
At 1 April 2024	489,991
Additions	161,395
	---------
At 31 March 2025	651,386
	---------

19. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 18)	651,386	489,991
	---------	---------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	651,386	489,991
	---------	---------

20. Employee benefits

Defined contribution plans

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £ 245,980 (2024: £ 238,125 ).

21. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	148	148	148	148
	----	----	----	----

22. Analysis of changes in net debt

	At 1 Apr 2024	Cash flows	At 31 Mar 2025
	£	£	£
Cash at bank and in hand	2,951,091	1,265,913	4,217,004
Debt due within one year	(468,149)	(33,185)	(501,334)
Debt due after one year	(532,887)	(482,871)	(1,015,758)
	------------	------------	------------
	1,950,055	749,857	2,699,912
	------------	------------	------------

23. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	34,554	43,193
Later than 1 year and not later than 5 years	34,554	66,228
	--------	---------
	69,108	109,421
	--------	---------

24. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr A W Quinn	160,077	( 37,712)	122,365
	---------	--------	---------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr A W Quinn	203,489	( 43,412)	160,077
	---------	--------	---------

The loan is interest-free and is repayable on demand.

25. Related party transactions

Rents are paid to Mr A W Quinn , director, and his wife Mrs S Quinn, for the use of the premises amounting to £105,150 (2024: £105,150). There is no formal lease agreement in place.

26. Controlling party

Mr A W Quinn , a director, and his wife Mrs S Quinn, hold the majority of the share capital.