Wagon Transport Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 6794310

Wagon Transport Limited

Filleted Unaudited Financial Statements

31 January 2026

Wagon Transport Limited

Statement of Financial Position

31 January 2026

	2026		2025
Note	£	£	£

Current assets

Debtors	6	135,233	44,320
Cash at bank and in hand		217,065	180,701
		-----------	-----------
		352,298	225,021

Creditors: amounts falling due within one year	7	( 355,842)		( 228,571)
		-----------		-----------
Net current liabilities			( 3,544)	( 3,550)
			--------	--------
Total assets less current liabilities			( 3,544)	( 3,550)
			--------	--------
Net liabilities			( 3,544)	( 3,550)
			--------	--------

Wagon Transport Limited

Statement of Financial Position (continued)

31 January 2026

	2026		2025
Note	£	£	£

Capital and reserves

Called up share capital	8	100	100
Profit and loss account	9	( 3,644)	( 3,650)
		--------	--------
Shareholders deficit		( 3,544)	( 3,550)
		--------	--------

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 31st January 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 .

These financial statements were approved by the board of directors and authorised for issue on 30 September 2026 , and are signed on behalf of the board by:

Mr Jasbir Singh
Director

Company registration number: 6794310

Wagon Transport Limited

Notes to the Financial Statements

Year Ended 31st January 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 18 Hylion Road, Leicester, L32 6GQ.

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.

Disclosure exemptions

(a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.

Revenue recognition

The turnover shown in Profit and Loss account represents amounts recharged during the period in respect of wages. The turnover is stated net of Value Added Tax.

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.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 119 (2025: 119 ).

5. Tax on profit

Major components of tax expense

	2026	2025
	£	£

Current tax:

UK current tax expense	2	256
	-----	-----
Tax on profit	2	256
	-----	-----

Reconciliation of tax expense

The tax assessed on the profit on ordinary activities for the year is the same as (2025: higher than) the standard rate of corporation tax in the UK of 19 % (2025: 19 %).

	2026	2025
	£	£
Profit on ordinary activities before taxation	8	16
	-----	-----
Profit on ordinary activities by rate of tax	2	3
Effect of expenses not deductible for tax purposes	–	253
	-----	-----
Tax on profit	2	256
	-----	-----

6. Debtors

	2026	2025
	£	£
Trade debtors	95,849	3,700
Other debtors	39,384	40,620
	-----------	----------
	135,233	44,320
	-----------	----------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	77	55
Corporation tax	520	503
Social security and other taxes	292,220	217,063
Director loan account	190	190
Accruals and deferred income	2,984	2,100
Other creditors	59,851	8,660
	-----------	-----------
	355,842	228,571
	-----------	-----------

8. Called up share capital

Authorised share capital

	2026		2025
	No.	£	No.	£
Ordinary shares of £ 1 each	1,000	1,000	1,000	1,000
	--------	--------	--------	--------

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	-----	-----	-----	-----

9. Reserves

Profit and loss account - This reserve records retained earnings and accumulated losses.

10. Director's advances, credits and guarantees

The directors loan account was not overdrawn during current and last year.

11. Related party transactions

Controlling Party The company was under the control of the director Mr Jasbir Singh throughout the current and previous year. The company was owned 100% by Ms Rajinder Kaur throughout the current and previous year.