REGISTERED NUMBER: 00617372 (England and Wales)

BENTON BROS (TRANSPORT) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M J Benton

E Benton

SECRETARY:

E Benton

REGISTERED OFFICE:

High Ferry

Sibsey

Boston

Lincolnshire

PE22 0TB

REGISTERED NUMBER:

00617372 (England and Wales)

ACCOUNTANTS:

Socius Accountants Limited

Excel House

Millbrook Lane

Wragby

Market Rasen

Lincolnshire

LN8 5AB

FIXED ASSETS

Property, plant and equipment

3

176,928

2,859,822

CURRENT ASSETS

Inventories

-

39,868

Debtors

4

597,855

1,645,440

Cash at bank

2,449,234

-

3,047,089

1,685,308

CREDITORS

Amounts falling due within one year

116,255

2,477,106

NET CURRENT ASSETS/(LIABILITIES)

2,930,834

(791,798

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,107,762

2,068,024

CREDITORS

Amounts falling due after more than one year

-

10,912

NET ASSETS

3,107,762

2,057,112

CAPITAL AND RESERVES

Called up share capital

12,840

12,840

Capital redemption reserve

4,000

4,000

Retained earnings

3,090,922

2,040,272

SHAREHOLDERS' FUNDS

3,107,762

2,057,112

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 5 August 2026 and were signed on its behalf by:

E Benton - Director

1.	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.

Significant judgements and estimates

The company makes estimates and assumptions concerning the future. The most significant estimate which could impact the carrying amounts of assets and liabilities within the next financial year is the useful economic lives of tangible assets. The annual depreciation charge for motor vehicles is sensitive to changes in the estimated useful lives and residual values of the assets. The useful economic lives and residual values are monitored in case a change to depreciation rates is considered necessary.

Turnover

Revenue 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

-

10% on reducing balance

Plant and machinery etc

-

25% on reducing balance, 22.5% on reducing balance, 12.5% on reducing balance and Straight line over 4 years

Land is not depreciated.

Stocks

Inventories 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 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.

Operating leases

Rental applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

Financial instruments

The company has chosen to adopt sections 11 and 12 of FRS 102 in respect of financial instruments.

All of the company's basic financial assets and liabilities are short term and are recognised at the transaction price.

The company currently only has basic financial instruments.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2025 - 72 ) .

3.	PROPERTY, PLANT AND EQUIPMENT

Totals

£

COST

At 1 February 2025

8,647,859

Disposals

(7,793,102

)

At 31 January 2026

854,757

DEPRECIATION

At 1 February 2025

5,788,037

Charge for year

22,692

Eliminated on disposal

(5,132,900

)

At 31 January 2026

677,829

NET BOOK VALUE

At 31 January 2026

176,928

At 31 January 2025

2,859,822

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

Totals

£

COST

At 1 February 2025

3,875,131

Disposals

(3,875,131

)

At 31 January 2026

-

DEPRECIATION

At 1 February 2025

1,954,156

Eliminated on disposal

(1,954,156

)

At 31 January 2026

-

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

1,920,975

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other debtors

95,026

50,837

5.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank overdraft

-

891,946

Hire purchase contracts

-

432,457

-

1,324,403

During the year the bank has released the charge over the company assets following full repayment of the overdraft facility.

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

2026

2025

£

£

M J Benton

Balance outstanding at start of year

186,647

170,491

Amounts advanced

182,375

39,156

Amounts repaid

(67,200

)

(23,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

301,822

186,647

All advances made to directors are unsecured, repayable on demand and with no interest charged.