REGISTERED NUMBER: 02475603 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

TRANSCORE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P S Ruane

W Morley

P J Peake

S J Handley

SECRETARY:

W Morley

REGISTERED OFFICE:

Unit 4A

Seph Way

York Road Industrial Park

MALTON

North Yorkshire

YO17 6YF

REGISTERED NUMBER:

02475603 (England and Wales)

ACCOUNTANTS:

Lloyd Dowson Limited

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

FIXED ASSETS

Tangible assets

4

220,635

223,150

CURRENT ASSETS

Stocks

418,319

323,829

Debtors

5

583,990

720,350

Cash at bank and in hand

307,358

376,990

1,309,667

1,421,169

CREDITORS

Amounts falling due within one year

6

733,738

943,435

NET CURRENT ASSETS

575,929

477,734

TOTAL ASSETS LESS CURRENT LIABILITIES

796,564

700,884

CREDITORS

Amounts falling due after more than one year

7

-

(12,971

)

PROVISIONS FOR LIABILITIES

(55,159

)

(55,787

)

NET ASSETS

741,405

632,126

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Share premium

23,000

23,000

Retained earnings

708,405

599,126

SHAREHOLDERS' FUNDS

741,405

632,126

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

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

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 May 2026 and were signed on its behalf by:

P S Ruane - Director

W Morley - Director

P J Peake - Director

S J Handley - Director

1.	STATUTORY INFORMATION

Transcore 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.

Turnover

Turnover represents net building and civil engineering work done.

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

-

20% on reducing balance

Fixtures, fittings and equipment

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Work in progress

Work in progress is valued at the lower of cost and net realisable value and represents short term contracts.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 the statement of income and retained earnings over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the statement of income and retained earnings over the period to which they relate.

Pension costs and other post-retirement benefits

The company has implemented auto-enrolment pension in respect of all employees. Contributions are charged to the statement of income and retained earnings in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

778,565

Additions

60,975

Disposals

(66,660

)

At 30 September 2025

772,880

DEPRECIATION

At 1 October 2024

555,415

Charge for year

54,512

Eliminated on disposal

(57,682

)

At 30 September 2025

552,245

NET BOOK VALUE

At 30 September 2025

220,635

At 30 September 2024

223,150

The net book value of tangible fixed assets includes £ 21,646 (2024 - £ 99,643 ) in respect of assets held under hire purchase contracts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

557,783

701,440

Other debtors

26,207

18,910

583,990

720,350

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

-

59,259

Hire purchase contracts (see note 8)

12,971

50,470

Trade creditors

243,165

239,223

Taxation and social security

145,281

213,176

Other creditors

332,321

381,307

733,738

943,435

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Hire purchase contracts (see note 8)

-

12,971

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30.9.25

30.9.24

£

£

Net obligations repayable:

Within one year

12,971

50,470

Between one and five years

-

12,971

12,971

63,441

Non-cancellable

operating leases

30.9.25

30.9.24

£

£

Within one year

59,180

61,940

Between one and five years

5,485

27,166

64,665

89,106

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.25

30.9.24

£

£

Hire purchase contracts

12,971

63,441