Davey's Livestock Transport Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02816231 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Davey's Livestock Transport Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTOR:

Mrs L A Frain

REGISTERED OFFICE:

Tregadillett House

Tregadillett

Launceston

Cornwall

PL15 7EX

REGISTERED NUMBER:

02816231 (England and Wales)

ACCOUNTANTS:

UHY Peninsula

9 Western Road

Launceston

Cornwall

PL15 7AR

FIXED ASSETS

Tangible assets

4

288,159

330,151

CURRENT ASSETS

Debtors

5

176,763

252,913

Cash at bank and in hand

2,926

6,945

179,689

259,858

CREDITORS

Amounts falling due within one year

6

350,793

402,860

NET CURRENT LIABILITIES

(171,104

)

(143,002

)

TOTAL ASSETS LESS CURRENT LIABILITIES

117,055

187,149

CREDITORS

Amounts falling due after more than one year

7

(113,283

)

(133,524

)

PROVISIONS FOR LIABILITIES

-

(17,782

)

NET ASSETS

3,772

35,843

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

3,771

35,842

SHAREHOLDERS' FUNDS

3,772

35,843

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 14 July 2026 and were signed by:

Mrs L A Frain - Director

1.	STATUTORY INFORMATION

Davey's Livestock 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

714,493

Additions

48,600

Disposals

(62,650

)

At 31 October 2025

700,443

DEPRECIATION

At 1 November 2024

384,342

Charge for year

50,941

Eliminated on disposal

(22,999

)

At 31 October 2025

412,284

NET BOOK VALUE

At 31 October 2025

288,159

At 31 October 2024

330,151

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade debtors

100,463

171,541

Other debtors

76,300

81,372

176,763

252,913

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Bank loans and overdrafts (see note 8)

14,287

24,796

Hire purchase contracts (see note 9)

62,183

103,036

Trade creditors

99,980

124,927

Taxation and social security

73,733

88,225

Other creditors

100,610

61,876

350,793

402,860

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

Bank loans (see note 8)

31,239

42,684

Hire purchase contracts (see note 9)

82,044

90,840

113,283

133,524

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

10,789

17,908

8.

LOANS

An analysis of the maturity of loans is given below:

31.10.25

31.10.24

£

Amounts falling due within one year or on demand:

Bank overdrafts

3,480

10,129

Bank loans

10,807

14,667

14,287

24,796

Amounts falling due between two and five years:

Bank loans - 2-5 years

20,450

24,776

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

10,789

17,908

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.10.25

31.10.24

£

Net obligations repayable:

Within one year

62,183

103,036

Between one and five years

82,044

90,840

144,227

193,876

Non-cancellable

operating leases

31.10.25

31.10.24

£

Within one year

4,913

9,761

Between one and five years

-

2,763

4,913

12,524

10.	RELATED PARTY DISCLOSURES

As at 31 October the company owed the director Mrs L A Frain an amount of £12,467 (31 October 2024: £27,337. No interest is charged and the balance is repayable on demand.

As at 31 October the shareholder Mrs R Davey owed the company an amount of £42,190 (31 October 2024: £41,261). Interest is charged at the official rate of interest and the balance is repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

Mrs R Davey by virtue of her shareholding controls the company.

The following reproduces the text of the report prepared for the director 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 Director 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 Davey's Livestock Transport Limited for the year ended 31 October 2025 which comprise the Income Statement, Balance Sheet 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 director of Davey's Livestock Transport Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Davey's Livestock Transport Limited and state those matters that we have agreed to state to the director of Davey's Livestock Transport Limited 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 Davey's Livestock Transport Limited and its director for our work or for this report.

It is your duty to ensure that Davey's Livestock 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 loss of Davey's Livestock Transport Limited. You consider that Davey's Livestock 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 Davey's Livestock 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.

UHY Peninsula

9 Western Road

Launceston

Cornwall

PL15 7AR

14 July 2026