NGR Transport Limited - Filleted accounts

Registered number

05929444

NGR Transport Limited

Filleted Accounts

31 March 2026

NGR Transport Limited
Registered number:		05929444
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		-			21,490

Current assets
Debtors	4	17,624			19,769
Cash at bank and in hand		117,449			140,600
		135,073			160,369

Creditors: amounts falling due within one year	5	(92,990)			(84,995)

Net current assets			42,083			75,374

Total assets less current liabilities			42,083			96,864


Provisions for liabilities			-			(4,035)


Net assets			42,083			92,829

Capital and reserves
Called up share capital			2			2
Profit and loss account			42,081			92,827

Shareholder's funds			42,083			92,829

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



N G Read
Director
Approved by the board on 24 September 2026

NGR Transport Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:

	Plant and machinery	over 5 years
	Motor vehicles	20% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			2		3


3	Tangible fixed assets
		Plant and machinery		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	2,021		52,202		54,223
	Disposals	(2,021)		(52,202)		(54,223)
	At 31 March 2026	-		-		-

	Depreciation
	At 1 April 2025	2,021		30,712		32,733
	On disposals	(2,021)		(30,712)		(32,733)
	At 31 March 2026	-		-		-

	Net book value
	At 31 March 2026	-		-		-
	At 31 March 2025	-		21,490		21,490


4	Debtors			2026		2025
£					£

	Trade debtors			14,046		19,462
	Other debtors			3,578		307
				17,624		19,769


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			489		3,526
	Directors loan account			82,909		71,394
	Taxation and social security costs			6,979		7,678
	Other creditors			2,613		2,397
				92,990		84,995


6	Controlling party

	The company was under the control of N G Read throughout the year. Mr Read is the company's director and, together with members of his close family, he holds 100% of the company's issued share capital.


7	Other information

	NGR Transport Limited is a private company limited by shares and incorporated in England. Its registered office is:
	3 Martingale
	Back Lane
	Little Haywood
	Stafford
	ST18 0UL