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COMPANY REGISTRATION NUMBER: 01432882

Clive Warcup Transport Limited

Unaudited Financial Statements

For the year ended

31 August 2025

Clive Warcup Transport Limited

Financial Statements

Year ended 31 August 2025

Contents | Page

Officers and professional advisers | 1

Directors' report | 2

Statement of income and retained earnings | 3

Statement of financial position | 4

Notes to the financial statements | 6

The following pages do not form part of the financial statements

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements | 11

Clive Warcup Transport Limited

Officers and Professional Advisers

The board of directors | Mr C Warcup
| Mr B S Warcup
| Mrs D Warcup

Company secretary | Mr C Warcup

Registered office | Westfield Works
| Station Road
| Garton on the Wolds
| Driffield
| YO25 3EX

Accountants | Townends Accountants LLP
| Chartered Accountants
| Fulford Lodge
| 1 Heslington Lane
| Fulford
| York
| YO10 4HW

Bankers | Handelsbanken
| 3 Thomas More Square
| London
| E1W1WY

Clive Warcup Transport Limited

Directors' Report

Year ended 31 August 2025
The directors present their report and the unaudited financial statements of the company for the year ended 31 August 2025 .
Directors
The directors who served the company during the year were as follows:

Mr C Warcup |
Mr B S Warcup |
Mrs D Warcup |

Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 21 April 2026 and signed on behalf of the board by:

Mr C Warcup
Company Secretary

Registered office:
Westfield Works
Station Road
Garton on the Wolds
Driffield
YO25 3EX

Clive Warcup Transport Limited

Statement of Income and Retained Earnings

Year ended 31 August 2025

| 2025 | 2024
Note | £ | £
Turnover | 4,129,107 | 4,040,106

Cost of sales | 3,629,832 | 3,551,218
| ------------- | -------------
Gross profit | 499,275 | 488,888

Distribution costs | 9,695 | 9,228
Administrative expenses | 402,789 | 340,700
| ---------- | ----------
Operating profit | 86,791 | 138,960

Interest payable and similar expenses | 8,902 | 9,106
|  | ---------- | ----------
Profit before taxation | 5 | 77,889 | 129,854

Tax on profit | 12,375 | 46,100
| -------- | ----------
Profit for the financial year and total comprehensive income | 65,514 | 83,754
| -------- | ----------

Dividends paid and payable | ( 42,000) | ( 39,500)

Retained earnings at the start of the year | 514,452 | 470,198
| ---------- | ----------
Retained earnings at the end of the year | 537,966 | 514,452
| ---------- | ----------

All the activities of the company are from continuing operations.

Clive Warcup Transport Limited

Statement of Financial Position

31 August 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 6 |  | 2,091,946 | 1,693,574

Current assets

Stocks | 52,717 |  | 63,283
Debtors: due within one year | 7 | 760,650 |  | 631,626
Cash at bank and in hand | 1,069 |  | 30,505
| ---------- |  | ----------
| 814,436 |  | 725,414

Creditors: amounts falling due within one year | 8 | 1,360,433 |  | 1,157,660
| ------------- |  | -------------
Net current liabilities |  | 545,997 | 432,246
|  | ------------- | -------------
Total assets less current liabilities |  | 1,545,949 | 1,261,328

Creditors: amounts falling due after more than one year | 9 |  | 711,308 | 462,576

Provisions

Taxation including deferred tax |  | 291,675 | 279,300
|  | ------------- | -------------
Net assets |  | 542,966 | 519,452
|  | ------------- | -------------

Capital and reserves

Called up share capital |  | 5,000 | 5,000
Profit and loss account |  | 537,966 | 514,452
|  | ---------- | ----------
Shareholders funds |  | 542,966 | 519,452
|  | ---------- | ----------

These financial statements have been prepared 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'.
For the year ending 31 August 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 .

Clive Warcup Transport Limited

Statement of Financial Position (continued)

31 August 2025
These financial statements were approved by the board of directors and authorised for issue on 21 April 2026 , and are signed on behalf of the board by:

Mr C Warcup | Mr B S Warcup
Director | Director

Company registration number: 01432882

Clive Warcup Transport Limited

Notes to the Financial Statements

Year ended 31 August 2025
1. General information
The company is a private company limited by shares incorporated in England and Wales. The registered office is Westfield Works, Station Road, Garton on the Wolds, Driffield, YO25 3EX.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
(i) 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.
(ii) Going concern
At the time of approving the financial statements, the directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
(iii) 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.
(iv) 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. 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.
(v) 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.
(vi) 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:

| Long leasehold property | - | 2% straight line
| Trailers | - | 6% straight line
| Motor vehicles | - | 12% straight line
| Equipment | - | 15% straight line

(vii) Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
(viii) 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.
(ix) 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.
(x) Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 40 (2024: 37 ).
5. Profit before taxation
Profit before taxation is stated after charging:

| 2025 | 2024
| £ | £
Amortisation of intangible assets | 1,056 | 1,056
Depreciation of tangible assets | 264,274 | 281,702
| ---------- | ----------

6. Tangible assets

| Long leasehold property | Trailers | Motor vehicles | Fixtures and Equipment | Total
| £ | £ | £ | £ | £
Cost |  |  |  |  |
At 1 September 2024 | 52,729 | 1,573,275 | 2,168,574 | 105,444 | 3,900,022
Additions | – | 86,525 | 567,077 | 10,100 | 663,702
Disposals | – | – | ( 390,629) | ( 18,952) | ( 409,581)
Other movements | – | ( 5,566) | 5,566 | – | –
| -------- | ------------- | ------------- | ---------- | -------------
At 31 August 2025 | 52,729 | 1,654,234 | 2,350,588 | 96,592 | 4,154,143
| -------- | ------------- | ------------- | ---------- | -------------
Depreciation |  |  |  |  |
At 1 September 2024 | 27,673 | 912,625 | 1,199,264 | 66,886 | 2,206,448
Charge for the year | 1,056 | 68,735 | 185,542 | 9,997 | 265,330
Disposals | – | – | ( 390,629) | ( 18,952) | ( 409,581)
| -------- | ------------- | ------------- | ---------- | -------------
At 31 August 2025 | 28,729 | 981,360 | 994,177 | 57,931 | 2,062,197
| -------- | ------------- | ------------- | ---------- | -------------
Carrying amount |  |  |  |  |
At 31 August 2025 | 24,000 | 672,874 | 1,356,411 | 38,661 | 2,091,946
| -------- | ------------- | ------------- | ---------- | -------------
At 31 August 2024 | 25,056 | 660,650 | 969,310 | 38,558 | 1,693,574
| -------- | ------------- | ------------- | ---------- | -------------

7. Debtors
Debtors falling due within one year are as follows:

| 2025 | 2024
| £ | £
Trade debtors | 717,259 | 584,483
Other debtors | 43,391 | 47,143
| ---------- | ----------
| 760,650 | 631,626
| ---------- | ----------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 145,779 | 10,277
Trade creditors | 229,462 | 218,947
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 439,591 | 505,611
Social security and other taxes | 173,437 | 167,460
Other creditors | 372,164 | 255,365
| ------------- | -------------
| 1,360,433 | 1,157,660
| ------------- | -------------

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

| 2025 | 2024
| £ | £
Bank loans and overdrafts | – | 9,644
Other creditors | 711,308 | 452,932
| ---------- | ----------
| 711,308 | 462,576
| ---------- | ----------

Clive Warcup Transport Limited

Management Information

Year ended 31 August 2025
The following pages do not form part of the financial statements.

Clive Warcup Transport Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Clive Warcup Transport Limited

Year ended 31 August 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Clive Warcup Transport Limited for the year ended 31 August 2025, which comprise the statement of income and retained earnings, statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Clive Warcup Transport Limited, as a body, in accordance with the terms of our engagement letter dated 3 June 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Clive Warcup Transport Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clive Warcup Transport Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Clive Warcup Transport Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Clive Warcup Transport Limited. You consider that Clive Warcup Transport Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Clive Warcup Transport Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Townends Accountants LLP Chartered Accountants
Fulford Lodge 1 Heslington Lane Fulford York YO10 4HW
21 April 2026