T.Baker and Sons (Transport) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00504295 (England and Wales)

T.BAKER & SONS(TRANSPORT)LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

PM Baker

E Baker

GO Baker

REGISTERED OFFICE:

Cakemore Road

Rowley Regis

West Midlands

B65 0QW

REGISTERED NUMBER:

00504295 (England and Wales)

ACCOUNTANTS:

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

FIXED ASSETS

Tangible assets

4

1,968,171

2,009,561

CURRENT ASSETS

Stocks

18,365

12,609

Debtors

5

315,859

294,212

Cash at bank and in hand

73,921

90,665

408,145

397,486

CREDITORS

Amounts falling due within one year

6

413,123

410,065

NET CURRENT LIABILITIES

(4,978

)

(12,579

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,963,193

1,996,982

CREDITORS

Amounts falling due after more than one
year

7

(638,831

)

(667,832

)

PROVISIONS FOR LIABILITIES

(71,968

)

(82,316

)

NET ASSETS

1,252,394

1,246,834

CAPITAL AND RESERVES

Called up share capital

2,531

Capital redemption reserve

6,377

Fair value reserve

8

939,112

Retained earnings

304,374

298,814

1,252,394

1,246,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 16 July 2026 and were signed on its behalf by:

Ms E Baker - Director

1.	STATUTORY INFORMATION

T.baker & Sons(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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

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

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.

Land and buildings

-

25% Straight Line

Plant and machinery etc

-

33.33% on cost, 10% on reducing balance and Straight line over the life of the lease

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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 35 (2024 - 34 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST OR VALUATION

At 1 January 2025

1,680,000

1,336,221

3,016,221

Additions

-

13,298

At 31 December 2025

1,680,000

1,349,519

3,029,519

DEPRECIATION

At 1 January 2025

-

1,006,660

Charge for year

-

54,688

At 31 December 2025

-

1,061,348

NET BOOK VALUE

At 31 December 2025

1,680,000

288,171

1,968,171

At 31 December 2024

1,680,000

329,561

2,009,561

Cost or valuation at 31 December 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

Valuation in 2005

370,808

-

370,808

Valuation in 2010

(125,000

)

-

(125,000

)

Valuation in 2016

325,000

-

325,000

Valuation in 2021

480,000

-

480,000

Cost

629,192

1,349,519

1,978,711

1,680,000

1,349,519

3,029,519

If Cakemore Road had not been revalued it would have been included at the following historical cost:

31.12.25

31.12.24

£

Cost

629,192

Value of land in freehold land and buildings

1,680,000

Freehold land and buildings were valued on an open market basis on 8 March 2022 by Bruton Knowles .

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

Plant and

machinery

etc

£

COST OR VALUATION

At 1 January 2025

and 31 December 2025

72,306

DEPRECIATION

At 1 January 2025

36,634

Charge for year

3,605

At 31 December 2025

40,239

NET BOOK VALUE

At 31 December 2025

32,067

At 31 December 2024

35,672

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

283,399

243,942

Other debtors

1,000

22,073

Prepayments

31,460

28,197

315,859

294,212

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Bank loans and overdrafts

11,743

15,843

Hire purchase contracts

20,444

22,026

Trade creditors

78,056

84,450

Social security and other taxes

34,580

46,626

Other creditors

39,950

41,198

Sales financing account

158,414

122,230

Accrued expenses

69,936

77,692

413,123

410,065

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Bank loans - 1-2 years

12,615

11,848

Bank loans - 2-5 years

43,761

41,100

Bank loans more 5 yr by instal

519,203

534,959

Hire purchase contracts

889

21,333

Other creditors

28,571

26,865

Directors' loan accounts

33,792

31,727

638,831

667,832

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

519,203

534,959

8.

RESERVES

Fair

value

reserve

£

At 1 January 2025

and 31 December 2025

939,112

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of T.baker & Sons(Transport)Limited for the year ended 31 December 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of T.baker & Sons(Transport)Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of T.baker & Sons(Transport)Limited and state those matters that we have agreed to state to the Board of Directors of T.baker & Sons(Transport)Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than T.baker & Sons(Transport)Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that T.baker & Sons(Transport)Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of T.baker & Sons(Transport)Limited. You consider that T.baker & Sons(Transport)Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of T.baker & Sons(Transport)Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

16 July 2026