REGISTERED NUMBER: 04025405 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Northern Bulk Transport Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

S J Thornton

SECRETARY:

Mrs G A Thornton

REGISTERED OFFICE:

28 Prescott Street

Halifax

West Yorkshire

HX1 2LG

REGISTERED NUMBER:

04025405 (England and Wales)

ACCOUNTANTS:

Lindley Adams Limited Chartered Accountants

28 Prescott Street

Halifax

West Yorkshire

HX1 2LG

FIXED ASSETS

Tangible assets

5

185,856

222,253

Investment property

6

372,739

365,387

558,595

587,640

CURRENT ASSETS

Debtors

7

91,938

96,099

Cash at bank

170,606

197,205

262,544

293,304

CREDITORS

Amounts falling due within one year

8

10,676

29,475

NET CURRENT ASSETS

251,868

263,829

TOTAL ASSETS LESS CURRENT LIABILITIES

810,463

851,469

PROVISIONS FOR LIABILITIES

49,700

24,675

NET ASSETS

760,763

826,794

CAPITAL AND RESERVES

Called up share capital

501

501

Share premium

14,695

14,695

Capital redemption reserve

1

1

Fair value reserve

9

130,886

154,235

Retained earnings

614,680

657,362

SHAREHOLDERS' FUNDS

760,763

826,794

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

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

The director acknowledges his 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 31 July 2026 and were signed by:

S J Thornton - Director

1.	STATUTORY INFORMATION

Northern Bulk Transport Ltd 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

-

Straight line over 50 years

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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 August 2024

116,159

604,162

720,321

Disposals

-

(3,319

)

(3,319

)

At 31 July 2025

116,159

600,843

717,002

DEPRECIATION

At 1 August 2024

28,359

469,709

498,068

Charge for year

2,323

30,755

33,078

At 31 July 2025

30,682

500,464

531,146

NET BOOK VALUE

At 31 July 2025

85,477

100,379

185,856

At 31 July 2024

87,800

134,453

222,253

Included in cost of land and buildings is freehold land of £ 25,209 (2024 - £ 25,209 ) which is not depreciated.

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

Plant and

machinery

etc

£

COST

At 1 August 2024

DEPRECIATION

At 1 August 2024

and 31 July 2025

16,422

NET BOOK VALUE

At 31 July 2025

(16,422

)

At 31 July 2024

(16,422

)

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

365,387

Revaluations

7,352

At 31 July 2025

372,739

NET BOOK VALUE

At 31 July 2025

372,739

At 31 July 2024

365,387

Fair value at 31 July 2025 is represented by:

£

Valuation in 2016

73,840

Valuation in 2017

8,664

Valuation in 2018

6,867

Valuation in 2019

8,998

Valuation in 2020

3,315

Valuation in 2021

20,602

Valuation in 2022

72,470

Valuation in 2023

58,849

Valuation in 2024

(99,444

)

Valuation in 2025

7,352

Cost

211,226

372,739

If investment property had not been revalued it would have been included at the following historical cost:

31.7.25

31.7.24

£

£

Cost

211,226

211,226

Investment property was valued on an open market basis on 31 July 2025 by the director Mr S J Thornton .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

-

1,766

Other debtors

91,938

94,333

91,938

96,099

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

2,795

5,782

Taxation and social security

267

15,705

Other creditors

7,614

7,988

10,676

29,475

9.

RESERVES

Fair

value

reserve

£

At 1 August 2024

154,235

Revaluations

(23,349

)

At 31 July 2025

130,886

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 Northern Bulk Transport Ltd for the year ended 31 July 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 director of Northern Bulk Transport Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Northern Bulk Transport Ltd and state those matters that we have agreed to state to the director of Northern Bulk Transport Ltd 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 Northern Bulk Transport Ltd and its director for our work or for this report.

It is your duty to ensure that Northern Bulk Transport Ltd 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 Northern Bulk Transport Ltd. You consider that Northern Bulk Transport Ltd 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 Northern Bulk Transport Ltd. 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.

Lindley Adams Limited Chartered Accountants

28 Prescott Street

Halifax

West Yorkshire

HX1 2LG

Date: .............................................