REGISTERED NUMBER: 04321229 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

PHILIP MAKIN TRANSPORT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Ward

M S Ward

SECRETARY:

M J Ward

REGISTERED OFFICE:

The Garage

Patrick Brompton

Bedale

North Yorkshire

DL8 1JP

REGISTERED NUMBER:

04321229 (England and Wales)

ACCOUNTANTS:

Lawson & Co

Skutterskelfe

Yarm

TS15 0JR

FIXED ASSETS

Tangible assets

4

750,902

937,631

CURRENT ASSETS

Debtors

5

2,011,048

1,969,569

Cash at bank and in hand

312,072

825,466

2,323,120

2,795,035

CREDITORS

Amounts falling due within one year

6

1,419,733

1,840,132

NET CURRENT ASSETS

903,387

954,903

TOTAL ASSETS LESS CURRENT LIABILITIES

1,654,289

1,892,534

CREDITORS

Amounts falling due after more than one year

7

-

210,474

NET ASSETS

1,654,289

1,682,060

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,653,289

1,681,060

SHAREHOLDERS' FUNDS

1,654,289

1,682,060

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 January 2026 and were signed on its behalf by:

M S Ward - Director

1.	STATUTORY INFORMATION

Philip Makin Transport 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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 profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

1,306,872

Additions

39,757

Disposals

(35,834

)

At 30 September 2025

1,310,795

DEPRECIATION

At 1 October 2024

369,241

Charge for year

190,652

At 30 September 2025

559,893

NET BOOK VALUE

At 30 September 2025

750,902

At 30 September 2024

937,631

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 October 2024

1,083,519

Disposals

(35,834

)

At 30 September 2025

1,047,685

DEPRECIATION

At 1 October 2024

287,516

Charge for year

162,527

At 30 September 2025

450,043

NET BOOK VALUE

At 30 September 2025

597,642

At 30 September 2024

796,003

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,025,366

1,172,662

Other debtors

985,682

796,907

2,011,048

1,969,569

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

245,403

315,140

Trade creditors

924,320

1,267,693

Taxation and social security

150,514

82,803

Other creditors

99,496

174,496

1,419,733

1,840,132

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

210,474

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

2025

2024

£

£

M J Ward

Balance outstanding at start of year

207,497

-

Amounts advanced

186,438

207,497

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

393,935

207,497