FRS102 1A Filleted


Company registration number:						SC403097
Gordon Hunter Transport Limited

Balance sheet
as at 31 July 2025

		31 Jul 25		31 Jul 24
	Note	£	£	£	£
Fixed assets
Intangible assets	4	-		-
Tangible assets	5	234,798		227,090
			234,798		227,090
Current assets
Stocks		3,000		3,500
Debtors		50,884		30,470
Cash at bank and in hand		6,501		25,807
			60,385		59,777
Creditors: amounts falling due within one year			(108,603)		(92,417)
Net current liabilities			(48,218)		(32,640)
Total assets less current liabilities			186,580		194,450
Creditors: Amounts falling due after more than one year			(139,522)		(190,364)
NET ASSETS			47,058		4,086

Capital and reserves
Called up share capital			1		1
Profit and loss account			47,057		4,085
TOTAL EQUITY			47,058		4,086


The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 July 2025.

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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.

1


Gordon Hunter Transport Limited

Notes to the financial statements
for the year ended 31 July 2025


1	Company information

	Gordon Hunter Transport Limited is a private company registered in Scotland. Its registered number is SC403097. The company is limited by shares. Its registered office is 45 Law View, Leven, Fife, KY8 5FQ.

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 historic cost convention.

	Going concern
	In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.

	The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.

	Intangible assets
	Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

	Goodwill	-

	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.

	Plant and machinery etc.:
	Plant and machinery	-	25% reducing balance
	Fixtures & fittings	-	20% straight line
	Motor vehicles	-	10% reducing balance
	Computer equipment	-	33% reducing balance

3


Gordon Hunter Transport Limited

Notes to the financial statements - continued
for the year ended 31 July 2025

2	Accounting policies - continued

	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 taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

	Current 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.

	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.

3	Average number of employees

	During the year the average number of employees was 1 (2024 - 2).

4	Intangible assets

		Goodwill
		£
	Cost
	At 1 August 2024	40,000
	At 31 July 2025	40,000

	Amortisation
	At 1 August 2024	40,000
	At 31 July 2025	40,000

	Net book value
	At 31 July 2025	-

	At 31 July 2024	-


4


	Company registration number:		SC403097
	Gordon Hunter Transport Limited

	Balance sheet - continued
	as at 31 July 2025

	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 Profit and loss account has not been delivered to the Registrar.

	Signed by:

	Mr G Hunter, Director
	28 July 2026

	2


	Company registration number:	SC403097

	Annual report and unaudited financial statements
	for the year ended 31 July 2025
	for
	Gordon Hunter Transport Limited


	Pages for filing with the Registrar