Company registration number 06576328 (England and Wales)
JOHN THRESHER TRANSPORT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
30-31 St. James Place
Mangotsfield
Bristol
United Kingdom
BS16 9JB
JOHN THRESHER TRANSPORT LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 9
JOHN THRESHER TRANSPORT LIMITED
COMPANY INFORMATION
- 1 -
Director
Mr J A Thresher
Company number
06576328
Registered office
30-31 St. James Place
Mangotsfield
Bristol
United Kingdom
BS16 9JB
Accountants
TC Group
30-31 St. James Place
Mangotsfield
Bristol
United Kingdom
BS16 9JB
JOHN THRESHER TRANSPORT LIMITED
BALANCE SHEET
AS AT
30 APRIL 2025
30 April 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
53,665
77,621
Investments
5
234,572
234,572
288,237
312,193
Current assets
Debtors
6
203,766
178,391
Cash at bank and in hand
5,086
243
208,852
178,634
Creditors: amounts falling due within one year
7
(369,695)
(397,201)
Net current liabilities
(160,843)
(218,567)
Total assets less current liabilities
127,394
93,626
Creditors: amounts falling due after more than one year
8
(60,750)
(82,402)
Provisions for liabilities
(10,196)
(14,748)
Net assets/(liabilities)
56,448
(3,524)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
56,348
(3,624)
Total equity
56,448
(3,524)
JOHN THRESHER TRANSPORT LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2025
30 April 2025
- 3 -

For the financial year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 16 January 2026 and are signed on its behalf by:
Mr J A Thresher
Mrs S Thresher
Director
Director
Company registration number 06576328 (England and Wales)
JOHN THRESHER TRANSPORT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
- 4 -
1
Accounting policies
Company information

John Thresher Transport Limited is a private company limited by shares incorporated in England and Wales. The registered office is 30-31 St. James Place, Mangotsfield, Bristol, United Kingdom, BS16 9JB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recover ed.

JOHN THRESHER TRANSPORT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 5 -
1.4
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is [XXXX].

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% on reducing balance
Computers
25% on reducing balance
Motor vehicles
25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.6
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

JOHN THRESHER TRANSPORT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 6 -
1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.10
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

JOHN THRESHER TRANSPORT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 7 -

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
6
8
3
Intangible fixed assets
Goodwill
£
Cost
At 1 May 2024 and 30 April 2025
18,800
Amortisation and impairment
At 1 May 2024 and 30 April 2025
18,800
Carrying amount
At 30 April 2025
-
0
At 30 April 2024
-
0
JOHN THRESHER TRANSPORT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 8 -
4
Tangible fixed assets
Plant and equipment
Computers
Motor vehicles
Total
£
£
£
£
Cost
At 1 May 2024
11,444
9,809
434,997
456,250
Disposals
-
0
-
0
(208,256)
(208,256)
At 30 April 2025
11,444
9,809
226,741
247,994
Depreciation and impairment
At 1 May 2024
10,795
7,625
360,209
378,629
Depreciation charged in the year
163
546
18,697
19,406
Eliminated in respect of disposals
-
0
-
0
(203,706)
(203,706)
At 30 April 2025
10,958
8,171
175,200
194,329
Carrying amount
At 30 April 2025
486
1,638
51,541
53,665
At 30 April 2024
649
2,184
74,788
77,621
5
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
224,572
224,572
Other investments other than loans
10,000
10,000
234,572
234,572
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
184,377
169,910
Other debtors
19,389
8,481
203,766
178,391
JOHN THRESHER TRANSPORT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 9 -
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
17,331
46,567
Trade creditors
103,451
60,380
Taxation and social security
45,593
50,456
Other creditors
203,320
239,798
369,695
397,201
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
750
19,762
Other creditors
60,000
62,640
60,750
82,402
2025-04-30 2024-05-01 false false false 16 January 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr J A Thresher Mrs Sally-Anne Thresher 06576328 2024-05-01 2025-04-30 06576328 bus:Director1 2024-05-01 2025-04-30 06576328 bus:Director2 2024-05-01 2025-04-30 06576328 bus:RegisteredOffice 2024-05-01 2025-04-30 06576328 2025-04-30 06576328 2024-04-30 06576328 core:PlantMachinery 2025-04-30 06576328 core:ComputerEquipment 2025-04-30 06576328 core:MotorVehicles 2025-04-30 06576328 core:PlantMachinery 2024-04-30 06576328 core:ComputerEquipment 2024-04-30 06576328 core:MotorVehicles 2024-04-30 06576328 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 06576328 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 06576328 core:Non-currentFinancialInstruments core:AfterOneYear 2025-04-30 06576328 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 06576328 core:CurrentFinancialInstruments 2025-04-30 06576328 core:CurrentFinancialInstruments 2024-04-30 06576328 core:Non-currentFinancialInstruments 2025-04-30 06576328 core:Non-currentFinancialInstruments 2024-04-30 06576328 core:ShareCapital 2025-04-30 06576328 core:ShareCapital 2024-04-30 06576328 core:RetainedEarningsAccumulatedLosses 2025-04-30 06576328 core:RetainedEarningsAccumulatedLosses 2024-04-30 06576328 core:Goodwill 2024-05-01 2025-04-30 06576328 core:PlantMachinery 2024-05-01 2025-04-30 06576328 core:ComputerEquipment 2024-05-01 2025-04-30 06576328 core:MotorVehicles 2024-05-01 2025-04-30 06576328 2023-05-01 2024-04-30 06576328 core:NetGoodwill 2024-04-30 06576328 core:NetGoodwill 2025-04-30 06576328 core:NetGoodwill 2024-04-30 06576328 core:PlantMachinery 2024-04-30 06576328 core:ComputerEquipment 2024-04-30 06576328 core:MotorVehicles 2024-04-30 06576328 2024-04-30 06576328 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 06576328 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 06576328 bus:FRS102 2024-05-01 2025-04-30 06576328 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 06576328 bus:FullAccounts 2024-05-01 2025-04-30 xbrli:pure xbrli:shares iso4217:GBP