10 01/08/2024 31/07/2025 2025-07-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2024-08-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP NI058907 2024-08-01 2025-07-31 NI058907 2025-07-31 NI058907 2024-07-31 NI058907 2023-08-01 2024-07-31 NI058907 2024-07-31 NI058907 2023-07-31 NI058907 core:PlantMachinery 2024-08-01 2025-07-31 NI058907 core:FurnitureFittingsToolsEquipment 2024-08-01 2025-07-31 NI058907 core:MotorVehicles 2024-08-01 2025-07-31 NI058907 bus:Director1 2024-08-01 2025-07-31 NI058907 core:NetGoodwill 2025-07-31 NI058907 core:LandBuildings core:OwnedOrFreeholdAssets 2024-07-31 NI058907 core:PlantMachinery 2024-07-31 NI058907 core:FurnitureFittingsToolsEquipment 2024-07-31 NI058907 core:MotorVehicles 2024-07-31 NI058907 core:LandBuildings core:OwnedOrFreeholdAssets 2025-07-31 NI058907 core:PlantMachinery 2025-07-31 NI058907 core:FurnitureFittingsToolsEquipment 2025-07-31 NI058907 core:MotorVehicles 2025-07-31 NI058907 core:WithinOneYear 2025-07-31 NI058907 core:WithinOneYear 2024-07-31 NI058907 core:AfterOneYear 2025-07-31 NI058907 core:AfterOneYear 2024-07-31 NI058907 core:ShareCapital 2025-07-31 NI058907 core:ShareCapital 2024-07-31 NI058907 core:RetainedEarningsAccumulatedLosses 2025-07-31 NI058907 core:RetainedEarningsAccumulatedLosses 2024-07-31 NI058907 core:NetGoodwill 2024-07-31 NI058907 core:LandBuildings core:OwnedOrFreeholdAssets 2024-07-31 NI058907 core:PlantMachinery 2024-07-31 NI058907 core:FurnitureFittingsToolsEquipment 2024-07-31 NI058907 core:MotorVehicles 2024-07-31 NI058907 bus:SmallEntities 2024-08-01 2025-07-31 NI058907 bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 NI058907 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 NI058907 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 NI058907 bus:FullAccounts 2024-08-01 2025-07-31 NI058907 1 2024-08-01 2025-07-31
Company registration number: NI058907
David Jameson Transport Limited
Unaudited filleted financial statements
31 July 2025
David Jameson Transport Limited
Contents
Statement of financial position
Notes to the financial statements
David Jameson Transport Limited
Statement of financial position
31 July 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Intangible assets |  | 5 | - |  |  |  | - |  |
Tangible assets |  | 6 | 500,166 |  |  |  | 646,194 |  |
|  |  | ________ |  |  |  | ________ |  |
|  |  |  |  | 500,166 |  |  |  | 646,194
Current assets |  |  |  |  |  |  |  |  |
Debtors |  | 7 | 583,114 |  |  |  | 566,710 |  |
Cash at bank and in hand |  |  | 539,243 |  |  |  | 566,628 |  |
|  |  | ________ |  |  |  | ________ |  |
|  |  | 1,122,357 |  |  |  | 1,133,338 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 8 | ( 302,583) |  |  |  | ( 500,951) |  |
|  |  | ________ |  |  |  | ________ |  |
Net current assets |  |  |  |  | 819,774 |  |  |  | 632,387
|  |  |  |  | ________ |  |  |  | ________
Total assets less current liabilities |  |  |  |  | 1,319,940 |  |  |  | 1,278,581
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
after more than one year |  | 9 |  |  | ( 5,947) |  |  |  | ( 15,731)
Provisions for liabilities |  |  |  |  | ( 94,417) |  |  |  | ( 99,502)
|  |  |  |  | ________ |  |  |  | ________
Net assets |  |  |  |  | 1,219,576 |  |  |  | 1,163,348
|  |  |  |  | ________ |  |  |  | ________
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  |  | 1,219,476 |  |  |  | 1,163,248
|  |  |  |  | ________ |  |  |  | ________
Shareholders funds |  |  |  |  | 1,219,576 |  |  |  | 1,163,348
|  |  |  |  | ________ |  |  |  | ________
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |  |  |  |  |  |  |  |  |
Directors responsibilities: |  |  |  |  |  |  |  |  |
- | The 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 directors acknowledge their responsibilities for complying with the requirements of the Act 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. |  |  |  |  |  |  |  |  |
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered. |  |  |  |  |  |  |  |  |
These financial statements were approved by the board of directors and authorised for issue on 28 April 2026 , and are signed on behalf of the board by: |  |  |  |  |  |  |  |  |
D Jameson |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |
Company registration number: NI058907 |  |  |  |  |  |  |  |  |

David Jameson Transport Limited
Notes to the financial statements
Year ended 31 July 2025
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 76-78 Church Street, Portadown, Co Armagh, BT62 3EU.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and 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.
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
The tangible fixed assets are recorded at their purchase cost, together with any incidental costs of acquisition less accumulated depreciation and 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:

| Plant and machinery | - | 25 % | straight line
| Fittings fixtures and equipment | - | 20 % | straight line
| Motor vehicles | - | 25 % | straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
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. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
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. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Financial instruments
The fair values of the company's financial assets, cash and cash equivalents and financial liabilities are assumed to approximate to their book value. The company does not enter into derivative financial instruments.
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. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 10 (2024: 11 ).
5. Intangible assets

|  | Goodwill | Total |  |  |  |
|  | £ | £ |  |  |  |
| Cost |  |  |  |  |  |
| At 1 August 2024 and 31 July 2025 | 50,000 | 50,000 |  |  |  |
|  | ________ | ________ |  |  |  |
| Amortisation |  |  |  |  |  |
| At 1 August 2024 and 31 July 2025 | 50,000 | 50,000 |  |  |  |
|  | ________ | ________ |  |  |  |
| Carrying amount |  |  |  |  |  |
| At 31 July 2025 | - | - |  |  |  |
|  | ________ | ________ |  |  |  |
| At 31 July 2024 | - | - |  |  |  |
|  | ________ | ________ |  |  |  |

6. Tangible assets

|  | Freehold property | Plant and machinery | Fixtures, fittings and equipment | Motor vehicles | Total |  |
|  | £ | £ | £ | £ | £ |  |
| Cost |  |  |  |  |  |  |
| At 1 August 2024 | 122,500 | 1,605,213 | 235,090 | 88,093 | 2,050,896 |  |
| Additions | - | 83,408 | - | - | 83,408 |  |
|  | ________ | ________ | ________ | ________ | ________ |  |
| At 31 July 2025 | 122,500 | 1,688,621 | 235,090 | 88,093 | 2,134,304 |  |
|  | ________ | ________ | ________ | ________ | ________ |  |
| Depreciation |  |  |  |  |  |  |
| At 1 August 2024 | - | 1,343,614 | 45,556 | 15,532 | 1,404,702 |  |
| Charge for the year | - | 168,220 | 39,192 | 22,024 | 229,436 |  |
|  | ________ | ________ | ________ | ________ | ________ |  |
| At 31 July 2025 | - | 1,511,834 | 84,748 | 37,556 | 1,634,138 |  |
|  | ________ | ________ | ________ | ________ | ________ |  |
| Carrying amount |  |  |  |  |  |  |
| At 31 July 2025 | 122,500 | 176,787 | 150,342 | 50,537 | 500,166 |  |
|  | ________ | ________ | ________ | ________ | ________ |  |
| At 31 July 2024 | 122,500 | 261,599 | 189,534 | 72,561 | 646,194 |  |
|  | ________ | ________ | ________ | ________ | ________ |  |

7. Debtors

|  |  | 2025 | 2024
|  |  | £ | £
| Trade debtors |  | 302,905 | 285,897
| Other debtors |  | 280,209 | 280,813
|  |  | ________ | ________
|  |  | 583,114 | 566,710
|  |  | ________ | ________

8. Creditors: amounts falling due within one year

|  |  | 2025 | 2024
|  |  | £ | £
| Bank loans and overdrafts |  | 10,552 | 10,805
| Trade creditors |  | 173,069 | 391,187
| Corporation tax |  | 81,557 | 30,902
| Social security and other taxes |  | 26,990 | 3,218
| Other creditors |  | 10,415 | 64,839
|  |  | ________ | ________
|  |  | 302,583 | 500,951
|  |  | ________ | ________

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

|  |  | 2025 | 2024
|  |  | £ | £
| Bank loans and overdrafts |  | 5,947 | 15,731
|  |  | ________ | ________

10. Directors advances, credits and guarantees
At the year end the director owed the company £289 (Owed by director 2024 - £1,208). These loans are interest free and repayable on demand.
11. Controlling party
The company is controlled by D Jameson who owns 100% of the ordinary share capital.