WESTMINSTER TRANSPORT SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Dodsworth

SECRETARY:

Mrs F E Dodsworth

REGISTERED OFFICE:

34 Clayton Lane

Clayton

Bradford

West Yorkshire

BD14 6PB

REGISTERED NUMBER:

05316757 (England and Wales)

ACCOUNTANTS:

Wilkinson and Partners

Chartered Accountants

Fairfax House

6a Mill Field Road

Cottingley Business Park

Bradford

West Yorkshire

BD16 1PY

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

106,820

122,510

106,820

122,510

CURRENT ASSETS

Debtors

7

28,242

33,330

Cash at bank

252,717

223,605

280,959

256,935

CREDITORS

Amounts falling due within one year

8

252,264

228,023

NET CURRENT ASSETS

28,695

28,912

TOTAL ASSETS LESS CURRENT LIABILITIES

135,515

151,422

CREDITORS

Amounts falling due after more than one year

9

(37,071

)

(43,857

)

PROVISIONS FOR LIABILITIES

11

(19,247

)

(20,384

)

NET ASSETS

79,197

87,181

CAPITAL AND RESERVES

Called up share capital

12

100

100

Retained earnings

79,097

87,081

SHAREHOLDERS' FUNDS

79,197

87,181

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 October 2026 and were signed by:

J Dodsworth - Director

1.	STATUTORY INFORMATION

Westminster Transport Services 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 10 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

45,000

AMORTISATION

At 1 April 2025

and 31 March 2026

45,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

2,730

310,834

1,133

314,697

Additions

-

34,000

1,080

35,080

Disposals

-

(52,615

)

-

(52,615

)

At 31 March 2026

2,730

292,219

2,213

297,162

DEPRECIATION

At 1 April 2025

2,569

188,485

1,133

192,187

Charge for year

24

35,322

360

35,706

Eliminated on disposal

-

(37,551

)

-

(37,551

)

At 31 March 2026

2,593

186,256

1,493

190,342

NET BOOK VALUE

At 31 March 2026

137

105,963

720

106,820

At 31 March 2025

161

122,349

-

122,510

The net book value of tangible fixed assets includes £ 61,287 (2025 - £ 58,815 ) in respect of assets held under hire purchase contracts.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

13,642

16,231

Other debtors

11,400

14,000

Prepayments

3,200

3,099

28,242

33,330

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

17,143

21,371

Trade creditors

27,536

21,569

Tax

13,719

2,544

Social security and other taxes

5,163

5,262

VAT

20,663

10,999

Other creditors

2,668

4,584

Directors' current accounts

163,178

159,854

Accrued expenses

2,194

1,840

252,264

228,023

The director's loan account is interest free and repayable on demand.

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

18,786

16,429

Accruals and deferred income

18,285

27,428

37,071

43,857

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Hire purchase contracts

35,929

37,800

Hire purchase debts are secured through a charge over the asset forming the subject of the agreement.

11.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

19,247

20,384

Deferred

tax

£

Balance at 1 April 2025

20,384

Accelerated capital allowances

(1,137

)

Balance at 31 March 2026

19,247

The provision for deferred taxation is entirely in respect of accelerated capital allowances.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary

£1.00

100

100

13.	ULTIMATE CONTROLLING PARTY

Mr J Dodsworth has a beneficial interest in the entire issued share capital and therefore controls the Company.