21st Century Transport Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02827528 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30th September 2025

for

21st Century Transport Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A M Baker

REGISTERED OFFICE:

Little Weald Hall

Rayley Lane

North Weald

Essex

CM16 6AR

REGISTERED NUMBER:

02827528 (England and Wales)

ACCOUNTANTS:

Apple Advisory Group Ltd

Chartered Management Accountants

12b Sun Street

Waltham Abbey

Essex

EN9 1EE

FIXED ASSETS

Tangible assets

4

99,729

91,604

Investment property

5

930,000

1,029,729

1,021,604

CURRENT ASSETS

Stocks

2,419

15,301

Debtors

6

149,372

199,328

Cash at bank

180,957

112,313

332,748

326,942

CREDITORS

Amounts falling due within one year

7

126,382

66,298

NET CURRENT ASSETS

206,366

260,644

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,236,095

1,282,248

CREDITORS

Amounts falling due after more than one year

8

(155,460

)

(22,175

)

PROVISIONS FOR LIABILITIES

(211,753

)

(193,676

)

NET ASSETS

868,882

1,066,397

CAPITAL AND RESERVES

Called up share capital

165

177

Capital redemption reserve

55

43

Fair value reserve

10

649,002

Retained earnings

219,660

417,175

SHAREHOLDERS' FUNDS

868,882

1,066,397

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22nd April 2026 and were signed by:

A M Baker - Director

1.	STATUTORY INFORMATION

21st Century Transport 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.

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33.3% on reducing balance and 25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1st October 2024

65,585

263,673

329,258

Additions

-

35,161

Disposals

-

(30,322

)

(30,322

)

At 30th September 2025

65,585

268,512

334,097

DEPRECIATION

At 1st October 2024

65,585

172,069

237,654

Charge for year

-

24,160

Eliminated on disposal

-

(27,446

)

(27,446

)

At 30th September 2025

65,585

168,783

234,368

NET BOOK VALUE

At 30th September 2025

-

99,729

At 30th September 2024

-

91,604

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

Plant and

machinery

etc

£

COST

At 1st October 2024

99,455

Additions

28,187

Transfer to ownership

(45,105

)

At 30th September 2025

82,537

DEPRECIATION

At 1st October 2024

31,285

Charge for year

17,629

Transfer to ownership

(29,644

)

At 30th September 2025

19,270

NET BOOK VALUE

At 30th September 2025

63,267

At 30th September 2024

68,170

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st October 2024

and 30th September 2025

930,000

NET BOOK VALUE

At 30th September 2025

930,000

At 30th September 2024

930,000

Fair value at 30th September 2025 is represented by:

£

Valuation in 2017

670,000

Valuation in 2018

80,000

Valuation in 2019

45,000

Valuation in 2023

79,500

Valuation in 2024

55,500

930,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

154,758

Aggregate depreciation

(46,707

)

(46,707

)

Investment property was valued on an open market basis on 30th September 2025 by Mr A M Baker .

6.

DEBTORS

2025

2024

£

Amounts falling due within one year:

Trade debtors

87,691

47,343

Other debtors

61,681

126,222

149,372

173,565

Amounts falling due after more than one year:

Other debtors

-

25,763

Aggregate amounts

149,372

199,328

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts

14,783

16,734

Trade creditors

22,590

18,725

Taxation and social security

24,755

9,234

Other creditors

64,254

21,605

126,382

66,298

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Hire purchase contracts

7,392

22,175

Other creditors

148,068

-

155,460

22,175

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Hire purchase contracts

22,175

38,909

10.

RESERVES

Fair

value

reserve

£

At 1st October 2024

and 30th September 2025

649,002

11.	DIRECTORS CREDITS

The following credits from a director subsisted during the years ended 30th September 2025 and 30th September 2024:

2025

2024

£

A M Baker

Balance outstanding at start of year

79,271

99,312

Amounts repaid

(79,271

)

(20,041

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

79,271

During the year Mr A M Baker paid interest of £1,426 (2024 - £1,919) on his Directors Loan Account.

12.	RELATED PARTY DISCLOSURES

During the year the company borrowed £180,000 from the Director's pension fund. At year end £180,000 was owed. The loan is secured and is repayable over 5 years. All transactions were conducted at arms length.

13.	ULTIMATE CONTROLLING PARTY

The controlling party is A M Baker.