Company registration number 05874633 (England and Wales)
DAVID PULLAN TRANSPORT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
PAGES FOR FILING WITH REGISTRAR
DAVID PULLAN TRANSPORT LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
DAVID PULLAN TRANSPORT LTD
BALANCE SHEET
AS AT
28 FEBRUARY 2026
28 February 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
4
291,616
385,345
Current assets
Debtors
5
135,236
196,596
Cash at bank and in hand
38,207
40,956
173,443
237,552
Creditors: amounts falling due within one year
6
(170,123)
(186,914)
Net current assets
3,320
50,638
Total assets less current liabilities
294,936
435,983
Creditors: amounts falling due after more than one year
7
(52,161)
(149,609)
Provisions for liabilities
(72,904)
(96,336)
Net assets
169,871
190,038
Capital and reserves
Called up share capital
8
100
100
Profit and loss reserves
169,771
189,938
Total equity
169,871
190,038
DAVID PULLAN TRANSPORT LTD
BALANCE SHEET (CONTINUED)
AS AT
28 FEBRUARY 2026
28 February 2026
- 2 -

For the financial year ended 28 February 2026 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 directors acknowledge their 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 directors of the company have 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 1 June 2026 and are signed on its behalf by:
Mrs D Pullan
Mr D Pullan
Director
Director
Company registration number 05874633 (England and Wales)
DAVID PULLAN TRANSPORT LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 3 -
1
Accounting policies
Company information

David Pullan Transport Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 79 Ainderby Road, Romanby, Northallerton, North Yorkshire, DL7 8HF.

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
Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

The turnover of the company is primarily derived from haulage contracts. Turnover is recognised when services have been rendered.

1.3
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:

Leasehold land and buildings
20% straight line
Plant and equipment
25% reducing balance
Fixtures and fittings
25% 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.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.5
Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

DAVID PULLAN TRANSPORT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
1
Accounting policies
(Continued)
- 4 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs less any impairment.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
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.

DAVID PULLAN TRANSPORT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
1
Accounting policies
(Continued)
- 5 -
1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

1.9
Retirement benefits

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

1.10
Leases
As lessee

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.

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.

2
Employees

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

2026
2025
Number
Number
Total
8
8
3
Intangible fixed assets
Goodwill
£
Cost
At 1 March 2025 and 28 February 2026
30,000
Amortisation and impairment
At 1 March 2025 and 28 February 2026
30,000
Carrying amount
At 28 February 2026
-
0
At 28 February 2025
-
0
DAVID PULLAN TRANSPORT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 6 -
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 March 2025
51,637
1,390,954
1,442,591
Additions
-
0
11,900
11,900
Disposals
-
0
(48,308)
(48,308)
At 28 February 2026
51,637
1,354,546
1,406,183
Depreciation and impairment
At 1 March 2025
49,528
1,007,718
1,057,246
Depreciation charged in the year
1,624
96,121
97,745
Eliminated in respect of disposals
-
0
(40,424)
(40,424)
At 28 February 2026
51,152
1,063,415
1,114,567
Carrying amount
At 28 February 2026
485
291,131
291,616
At 28 February 2025
2,109
383,236
385,345
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
122,878
179,955
Other debtors
12,358
16,641
135,236
196,596
6
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans
4,999
20,000
Obligations under finance leases
92,448
106,172
Trade creditors
6,220
16,902
Corporation tax
27,574
8,506
Other taxation and social security
22,518
22,178
Other creditors
704
230
Accruals and deferred income
15,660
12,926
170,123
186,914

The net obligations under finance leases (comprising of hire purchase contracts) are secured on the assets to which they relate.

DAVID PULLAN TRANSPORT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 7 -
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans and overdrafts
-
0
4,999
Other creditors
52,161
144,610
52,161
149,609

The net obligations under finance leases (comprising of hire purchase contracts) are secured on the assets to which they relate.

8
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
9
Directors' transactions
Advances
% Rate
Opening balance
Amounts advanced
Interest charged
Amounts repaid
Closing balance
£
£
£
£
£
Director's loan
3.75
4,425
36,600
514
(41,205)
334
4,425
36,600
514
(41,205)
334
2026-02-28 2025-03-01 false false false 01 June 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mrs D Pullan Mr D Pullan Mrs D Pullan 05874633 2025-03-01 2026-02-28 05874633 2026-02-28 05874633 2025-02-28 05874633 core:LandBuildings 2026-02-28 05874633 core:OtherPropertyPlantEquipment 2026-02-28 05874633 core:LandBuildings 2025-02-28 05874633 core:OtherPropertyPlantEquipment 2025-02-28 05874633 core:CurrentFinancialInstruments core:WithinOneYear 2026-02-28 05874633 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 05874633 core:WithinOneYear 2026-02-28 05874633 core:WithinOneYear 2025-02-28 05874633 core:AfterOneYear 2026-02-28 05874633 core:AfterOneYear 2025-02-28 05874633 core:CurrentFinancialInstruments 2026-02-28 05874633 core:CurrentFinancialInstruments 2025-02-28 05874633 core:ShareCapital 2026-02-28 05874633 core:ShareCapital 2025-02-28 05874633 core:RetainedEarningsAccumulatedLosses 2026-02-28 05874633 core:RetainedEarningsAccumulatedLosses 2025-02-28 05874633 core:ShareCapitalOrdinaryShareClass1 2026-02-28 05874633 core:ShareCapitalOrdinaryShareClass1 2025-02-28 05874633 bus:CompanySecretaryDirector1 2025-03-01 2026-02-28 05874633 bus:Director1 2025-03-01 2026-02-28 05874633 core:LandBuildings core:LongLeaseholdAssets 2025-03-01 2026-02-28 05874633 core:PlantMachinery 2025-03-01 2026-02-28 05874633 core:FurnitureFittings 2025-03-01 2026-02-28 05874633 2024-03-01 2025-02-28 05874633 core:NetGoodwill 2025-02-28 05874633 core:NetGoodwill 2026-02-28 05874633 core:NetGoodwill 2025-02-28 05874633 core:LandBuildings 2025-02-28 05874633 core:OtherPropertyPlantEquipment 2025-02-28 05874633 2025-02-28 05874633 core:LandBuildings 2025-03-01 2026-02-28 05874633 core:OtherPropertyPlantEquipment 2025-03-01 2026-02-28 05874633 core:Non-currentFinancialInstruments 2026-02-28 05874633 core:Non-currentFinancialInstruments 2025-02-28 05874633 bus:OrdinaryShareClass1 2025-03-01 2026-02-28 05874633 bus:OrdinaryShareClass1 2026-02-28 05874633 bus:OrdinaryShareClass1 2025-02-28 05874633 bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 05874633 bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 05874633 bus:FRS102 2025-03-01 2026-02-28 05874633 bus:AuditExemptWithAccountantsReport 2025-03-01 2026-02-28 05874633 bus:Director2 2025-03-01 2026-02-28 05874633 bus:CompanySecretary1 2025-03-01 2026-02-28 05874633 bus:FullAccounts 2025-03-01 2026-02-28 xbrli:pure xbrli:shares iso4217:GBP