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Company Registration No. 11801448 (England and Wales)
LT Transport Services Limited Unaudited accounts for the year ended 31 March 2026
LT Transport Services Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
LT Transport Services Limited Company Information for the year ended 31 March 2026
Directors
Thomas R Longhurst Scott P Thompson
Company Number
11801448 (England and Wales)
Registered Office
32 Chapel Street Measham Swadlinote DE12 7JD
Accountants
121 Local Accounting Ltd Unit 15, Whitwick Business Centre Stenson Road Coalville Leicestershire LE67 4JP
- 3 -
LT Transport Services Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
211,058
254,361
Investments
5
361,346
-
572,404
254,361
Current assets
Inventories
100,842
85,000
Debtors
6
233,093
201,064
Cash at bank and in hand
87,623
39,488
421,558
325,552
Creditors: amounts falling due within one year
7
(396,724)
(172,214)
Net current assets
24,834
153,338
Total assets less current liabilities
597,238
407,699
Creditors: amounts falling due after more than one year
8
(251,956)
(31,276)
Provisions for liabilities
Deferred tax
(40,450)
(49,985)
Net assets
304,832
326,438
Capital and reserves
Called up share capital
1
1
Profit and loss account
304,831
326,437
Shareholders' funds
304,832
326,438
For the year ending 31 March 2026 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2026 and were signed on its behalf by
Thomas R Longhurst Director Company Registration No. 11801448
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LT Transport Services Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
LT Transport Services Limited is a private company, limited by shares, registered in England and Wales, registration number 11801448. The registered office is 32 Chapel Street, Measham, Swadlinote, DE12 7JD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2026 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2024. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note 11 below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation
Plant & machinery
25% on a reducing balance basis
Motor vehicles
25% on a reducing balance basis
Fixtures & fittings
25% on a reducing balance basis
Investments
Investments in shares are included at cost less impairment.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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LT Transport Services Limited Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2025
20,000
213,047
47,290
83,895
364,232
Additions
-
8,631
-
3,025
11,656
At 31 March 2026
20,000
221,678
47,290
86,920
375,888
Depreciation
At 1 April 2025
-
76,333
23,094
10,444
109,871
Charge for the year
-
35,303
6,049
13,607
54,959
At 31 March 2026
-
111,636
29,143
24,051
164,830
Net book value
At 31 March 2026
20,000
110,042
18,147
62,869
211,058
At 31 March 2025
20,000
136,714
24,196
73,451
254,361
5
Investments
Subsidiary undertakings
£
Valuation at 1 April 2025
-
Additions
361,346
Valuation at 31 March 2026
361,346
6
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
230,557
183,989
Other debtors
2,536
17,075
233,093
201,064
7
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
8,845
6,000
VAT
46,873
36,028
Obligations under finance leases and hire purchase contracts
19,950
19,950
Trade creditors
182,662
74,968
Taxes and social security
71,188
31,280
Other creditors
3,489
902
Loans from directors
63,717
3,086
396,724
172,214
- 6 -
LT Transport Services Limited Notes to the Accounts for the year ended 31 March 2026
8
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
242,130
1,500
Obligations under finance leases and hire purchase contracts
9,826
29,776
251,956
31,276
Aggregate of amounts that fall due for payment after five years
212,749
-
9
Transactions with related parties
Rent of £23,333 was paid to Coalville Commercial Services Limited since it became a subsidiary during the year.
10
Average number of employees
During the year the average number of employees was 3 (2025: 3).
11
Reconciliations on adoption of FRS 102
Reconciliation of equity
1 April 2024
31 March 2025
£
£
Capital and reserves (as previously stated)
342,007
304,174
Deferred Tax
27,721
22,264
Capital and reserves (as restated)
369,728
326,438
Reconciliation of profit or loss for the year
31 March 2025
£
Profit for the year (as previously stated)
184,416
Deferred Tax Movement
(22,264)
Profit for the year (as restated)
162,152
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