REGISTERED NUMBER: SC504734 (Scotland)

Unaudited Financial Statements for the Year Ended 30 June 2026

for

DARREN B SMITH TRANSPORT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms L J Reith

D B Smith

REGISTERED OFFICE:

Eastview Cottage

Glassel

Banchory

Aberdeenshire

AB31 4DB

REGISTERED NUMBER:

SC504734 (Scotland)

ACCOUNTANTS:

Fyfe Moir & Associates

1st Floor, 5 Abercrombie Crt

Prospect Road,

Westhill

Aberdeenshire

Grampian

AB32 6FE

FIXED ASSETS

Tangible assets

4

61,815

82,289

CURRENT ASSETS

Debtors

5

26,755

22,844

Cash at bank

85,584

73,287

112,339

96,131

CREDITORS

Amounts falling due within one year

6

32,825

30,868

NET CURRENT ASSETS

79,514

65,263

TOTAL ASSETS LESS CURRENT LIABILITIES

141,329

147,552

CREDITORS

Amounts falling due after more than one year

7

(11,666

)

(21,666

)

PROVISIONS FOR LIABILITIES

(18,360

)

(14,636

)

NET ASSETS

111,303

111,250

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

111,203

111,150

SHAREHOLDERS' FUNDS

111,303

111,250

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 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 22 August 2026 and were signed on its behalf by:

D B Smith - Director

1.	STATUTORY INFORMATION

Darren B Smith Transport Ltd is a private company, limited by shares , registered in Scotland. 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

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.

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 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 July 2025

and 30 June 2026

142,504

916

143,420

DEPRECIATION

At 1 July 2025

60,628

503

61,131

Charge for year

20,370

104

20,474

At 30 June 2026

80,998

607

81,605

NET BOOK VALUE

At 30 June 2026

61,506

309

61,815

At 30 June 2025

81,876

413

82,289

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Trade debtors

24,617

20,114

Prepayments and accrued income

2,138

2,730

26,755

22,844

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Hire purchase contracts

10,000

10,000

Tax

5,559

3,910

Social security and other taxes

848

851

VAT

8,246

7,416

Directors' current accounts

6,992

6,680

Accrued expenses

1,180

2,011

32,825

30,868

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.26

30.6.25

£

£

Hire purchase contracts

11,666

21,666

8.	ULTIMATE CONTROLLING PARTY

The controlling party is D B Smith.