BrightAccountsProduction v1.0.0 v1.0.0 2025-01-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The nature of the company's operations and principal activities is the supply of haulage services. 8 July 2026 0 0 NI660933 2025-12-31 NI660933 2024-12-31 NI660933 2023-12-31 NI660933 2025-01-01 2025-12-31 NI660933 2024-01-01 2024-12-31 NI660933 uk-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 NI660933 uk-curr:PoundSterling 2025-01-01 2025-12-31 NI660933 uk-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 NI660933 uk-bus:FullAccounts 2025-01-01 2025-12-31 NI660933 uk-bus:Director1 2025-01-01 2025-12-31 NI660933 uk-bus:RegisteredOffice 2025-01-01 2025-12-31 NI660933 uk-bus:Agent1 2025-01-01 2025-12-31 NI660933 uk-core:ShareCapital 2025-12-31 NI660933 uk-core:ShareCapital 2024-12-31 NI660933 uk-core:RetainedEarningsAccumulatedLosses 2025-12-31 NI660933 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 NI660933 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-12-31 NI660933 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-12-31 NI660933 uk-bus:FRS102 2025-01-01 2025-12-31 NI660933 uk-core:MotorVehicles 2025-01-01 2025-12-31 NI660933 uk-core:WithinOneYear 2025-12-31 NI660933 uk-core:WithinOneYear 2024-12-31 NI660933 2025-01-01 2025-12-31 NI660933 uk-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: NI660933

P Gill Transport Limited

Unaudited Financial Statements

for the financial year ended 31 December 2025

P Gill Transport Limited

DIRECTOR AND OTHER INFORMATION

Director | Mr. Philip Gill
Company Registration Number | NI660933
Registered Office and Business Address | 61 Bracken Park
| Derry
| BT48 8AZ
Accountants | MCI Chartered Accountants
| Sentinel House
| 13 Pump Street
| Derry
| BT48 6JG
Bankers | Allied Irish Bank PLC
| 8 Market Square
| Buncrana
| Co. Donegal

P Gill Transport Limited

Company Registration Number: NI660933

BALANCE SHEET

as at 31 December 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Fixed Assets

Tangible assets |  | 5 | 12,252 |  | 18,377
|  |  | ───────── |  | ─────────
Current Assets

Debtors |  | 6 | 428 |  | 20
Cash and cash equivalents |  |  | 103 |  | 1,000
|  |  | ───────── |  | ─────────
|  |  | 531 |  | 1,020
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  | 7 | (32,213) |  | (69,167)
|  |  | ───────── |  | ─────────
Net Current Liabilities |  |  | (31,682) |  | (68,147)
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | (19,430) |  | (49,770)
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 100 |  | 100
Statement of income and retained earnings |  |  | (19,530) |  | (49,870)
|  |  | ───────── |  | ─────────
Shareholders' Deficit |  |  | (19,430) |  | (49,770)
|  |  | ═════════ |  | ═════════
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Statement of Income and Retained Earnings and Director's Report.

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 8 July 2026

Mr. Philip Gill |  |  |  |  |
Director |  |  |  |  |

P Gill Transport Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 December 2025

1. | General Information
| P Gill Transport Limited is a private limited company incorporated in Northern Ireland. The address of the registered office is given in the company information on page 3 of these financial statements. The nature of the company's operations and principal activities is the supply of haulage services.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the financial year ended 31 December 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared in accordance with The Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the company.
| Turnover
| Turnover is measured at the fair value of the consideration receivable for net of discounts and VAT. The policy adopted for the recognition of turnover is as follows: Haulage services When the outcome of a transaction can be estimated reliably, turnover from haulage services is recognised by reference to the state of completion at the balance sheet date. The stage of completion is measured by reference to deliveries completed. Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.
| Tangible assets and depreciation
| Tangible fixed assets are stated at cost, less accumulated depreciation and accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
|  | Motor vehicles | - | 15% straight line
| At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimated the recoverable amount of the cash-generating unit to which the asset belongs. Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current markets assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in the statement of income and retained earnings, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease. Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in the Statement of Income and Retained Earnings, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.
| Trade and other debtors
| Debtors with no stated interest rate and which are receivable within one year are recorded at the transaction price.
| Trade and other creditors
| Creditors with no stated interest rate and which are payable within one year are recorded at the transaction price. Any losses arising from impairment are recognised in the Statement of Income and Retained Earnings in administrative expenses.
| Taxation
| The charge for taxation is based on the results for the year and takes into account taxation deferred because of timing differences between the treatment of certain items for taxation and accounting purposes. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Provision is made at the rates expected to apply when the timing differences reverse. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in taxable profits in periods different from those in which they are recognised in the financial statements.
| Foreign currencies
| Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to profit or loss.

3. | Going concern
| The company had a loss for the year of £7,793 and at 31 December 2025 the balance sheet was £57,563 in deficit. The company is however dependent upon related parties for continuing financial support. In this respect, the relevant related parties have provided written assurances to the company that they will continue to support the company financially and will not seek repayment of the monies due to them for a period of at least twelve months. Given the circumstances outlined above the directors have a reasonable expectation that the company will have adequate resources to continue in operational existence for at least twelve months from the date of signing of the financial statements. Accordingly the directors continue to adopt the going concern basis in preparing the financial statements. The financial statements do not include any adjustments that would result if the going concern basis of preparation were not appropriate.

4. | Employees
| The average monthly number of employees, including director, during the financial year amounted to 1. (2024 : 1)

5. | Tangible assets
|  | Motor | Total
|  | vehicles |
|  | £ | £
| Cost
| At 1 January 2025 | 49,002 | 49,002
|  | ───────── | ─────────
| At 31 December 2025 | 49,002 | 49,002
|  | ───────── | ─────────
| Depreciation
| At 1 January 2025 | 30,625 | 30,625
| Charge for the financial year | 6,125 | 6,125
|  | ───────── | ─────────
| At 31 December 2025 | 36,750 | 36,750
|  | ───────── | ─────────
| Net book value
| At 31 December 2025 | 12,252 | 12,252
|  | ═════════ | ═════════
| At 31 December 2024 | 18,377 | 18,377
|  | ═════════ | ═════════

6. | Debtors | 2025 | 2024
|  | £ | £
| Taxation | 428 | 20
|  | ═════════ | ═════════

7. | Creditors | 2025 | 2024
| Amounts falling due within one year | £ | £
| Trade creditors | 28,314 | -
| Amounts owed to related parties (Note 8) | 1,511 | 66,525
| Director's current account | 1,105 | 1,362
| Accruals | 1,283 | 1,280
|  | ───────── | ─────────
|  | 32,213 | 69,167
|  | ═════════ | ═════════

8. | Related party transactions
|  | 2025 | 2024
|  | £ | £
| Finance amounts owed to related parties | 1,511 | 66,525
|  | ═════════ | ═════════