MARK GODDARD TRANSPORT LTD


Director	GODDARD, Mark


Registered Address	The Fountains
	Broadgate
	Spalding
	PE12 6DQ


Registered Number	06998051 (England and Wales)

Balance Sheet as at
28 February 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		109,998		209,201
			109,998		209,201
Current assets
Debtors		82,646		167,908
Cash at bank and on hand		89,616		67,715
		172,262		235,623
Creditors amounts falling due within one year	4	(24,134)		(57,326)
Net current assets (liabilities)			148,128		178,297
Total assets less current liabilities			258,126		387,498
Net assets			258,126		387,498
Capital and reserves
Called up share capital			50		50
Profit and loss account			258,076		387,448
Shareholders' funds			258,126		387,498

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 8 June 2026, and are signed on its behalf by:

GODDARD, Mark
Director
Registered Company No. 06998051

MARK GODDARD TRANSPORT LTD

Notes to the Financial Statements
for the year ended 28 February 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Vehicles	25
	Office Equipment	25

2.	Average number of employees


		2026		2025
	Average number of employees during the year	3		7

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 March 25	307,988	527,932	915	836,835
Additions	4,129	73,371	-	77,500
Disposals	(125,071)	(323,776)	-	(448,847)
At 28 February 26	187,046	277,527	915	465,488
Depreciation and impairment
At 01 March 25	170,596	456,441	597	627,634
Charge for year	6,773	41,327	79	48,179
On disposals	(104,463)	(215,860)	-	(320,323)
At 28 February 26	72,906	281,908	676	355,490
Net book value
At 28 February 26	114,140	(4,381)	239	109,998
At 28 February 25	137,392	71,491	318	209,201

4.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	9,586	28,191
Taxation and social security	14,217	28,820
Other creditors	331	315
Total	24,134	57,326


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.