REGISTERED NUMBER: 13942036 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

DROWE TRANSPORT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

D S Rowe

C P Rowe

REGISTERED OFFICE:

1 High Street

Thatcham

United Kingdom

Berks

RG19 3JG

REGISTERED NUMBER:

13942036 (England and Wales)

ACCOUNTANTS:

C B Heslop & Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

FIXED ASSETS

Tangible assets

4

15,468

17,300

CURRENT ASSETS

Stocks

3,824

7,645

Debtors

5

1,037

-

Cash at bank

1,185

8,143

6,046

15,788

CREDITORS

Amounts falling due within one year

6

13,213

18,344

NET CURRENT LIABILITIES

(7,167

)

(2,556

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,301

14,744

CREDITORS

Amounts falling due after more than one year

7

(5,259

)

(10,043

)

PROVISIONS FOR LIABILITIES

(2,939

)

(3,287

)

NET ASSETS

103

1,414

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3

1,314

103

1,414

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 1 October 2026 and were signed on its behalf by:

D S Rowe - Director

1.	STATUTORY INFORMATION

Drowe Transport Limited is a private company, limited by shares , registered in England and Wales. 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.

Motor vehicles

-

10% on reducing balance

Office equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 March 2025

and 28 February 2026

18,990

557

19,547

DEPRECIATION

At 1 March 2025

2,062

185

2,247

Charge for year

1,693

139

1,832

At 28 February 2026

3,755

324

4,079

NET BOOK VALUE

At 28 February 2026

15,235

233

15,468

At 28 February 2025

16,928

372

17,300

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Other debtors

1,037

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Hire purchase contracts

4,810

4,810

Trade creditors

126

-

Taxation and social security

7,438

12,631

Other creditors

839

903

13,213

18,344

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Hire purchase contracts

5,259

10,043

8.	CONTINGENT LIABILITIES

There were no contingent liabilities at the balance sheet date or at 28 February 2025.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2026 and 28 February 2025:

28.2.26

28.2.25

£

£

D S Rowe

Balance outstanding at start of year

-

-

Amounts advanced

776

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

776

-

S455 tax has been charged on the above overdrawn loan account balance.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the directors by virtue of their share capital.