Mark Transport Company Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01151949

Mark Transport Company Ltd

Filleted Unaudited Financial Statements

30 June 2026

Mark Transport Company Ltd

Statement of Financial Position

30 June 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5	219,227	225,902
Investments	6	236,375	190,294
		---------	---------
		455,602	416,196

Current assets

Stocks		950	950
Debtors	7	29,526	22,419
Cash at bank and in hand		624,228	513,575
		---------	---------
		654,704	536,944

Creditors: amounts falling due within one year	8	133,274		98,535
		---------		---------
Net current assets			521,430	438,409
			---------	---------
Total assets less current liabilities			977,032	854,605
			---------	---------
Net assets			977,032	854,605
			---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	976,932	854,505
	---------	---------
Shareholders funds	977,032	854,605
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Mark Transport Company Ltd

Statement of Financial Position (continued)

30 June 2026

These financial statements were approved by the board of directors and authorised for issue on 10 September 2026 , and are signed on behalf of the board by:

Mr A P Crombie
Director

Company registration number: 01151949

Mark Transport Company Ltd

Notes to the Financial Statements

Year ended 30 June 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Oak Farm, Green Street Green, Orpington, Kent, BR6 6DA.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	2% on cost or revalued amount
Plant & machinery	-	25% reducing balance
Fixtures & fittings	-	25% reducing balance
Motor vehicles	-	20% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 7 (2025: 7 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 July 2025 and 30 June 2026	320,324	33,944	21,348	3,037	378,653
	---------	--------	--------	-------	---------
Depreciation
At 1 July 2025	95,500	32,866	21,348	3,037	152,751
Charge for the year	6,406	269	–	–	6,675
	---------	--------	--------	-------	---------
At 30 June 2026	101,906	33,135	21,348	3,037	159,426
	---------	--------	--------	-------	---------
Carrying amount
At 30 June 2026	218,418	809	–	–	219,227
	---------	--------	--------	-------	---------
At 30 June 2025	224,824	1,078	–	–	225,902
	---------	--------	--------	-------	---------

6. Investments

	Other investments other than loans
	£
Cost
At 1 July 2025	190,294
Revaluations	46,081
	---------
At 30 June 2026	236,375
	---------
Impairment
At 1 July 2025 and 30 June 2026	–
	---------

Carrying amount
At 30 June 2026	236,375
	---------
At 30 June 2025	190,294
	---------

7. Debtors

	2026	2025
	£	£
Trade debtors	26,414	22,419
Other debtors	3,112	–
	--------	--------
	29,526	22,419
	--------	--------

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	31,403	22,160
Corporation tax	59,472	21,907
Social security and other taxes	23,936	25,442
Other creditors	18,463	29,026
	---------	--------
	133,274	98,535
	---------	--------

9. Financial instruments

The carrying amount for each category of financial instrument is as follows:

	2026	2025
	£	£

Financial assets measured at fair value through profit or loss

Financial assets measured at fair value through profit or loss	236,375	190,294
	---------	---------

10. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2026
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr A P Crombie	( 19,418)	54,640	( 50,000)	( 14,778)
	--------	--------	--------	--------

	2025
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr A P Crombie	–	–	–	–
	----	----	----	----

At the end of the financial year, there were no amounts owing by the directors to the company and all transactions through the year have been at market value.