Manchett's Transport Ltd - Filleted accounts

Registered number

13147637

Manchett's Transport Ltd

Filleted Accounts

31 March 2026

Manchett's Transport Ltd
Registered number:		13147637
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		4,969,752			5,039,871

Current assets
Stocks		24,471			9,493
Debtors	4	1,154,151			770,455
Cash at bank and in hand		1,353,267			1,453,288
		2,531,889			2,233,236

Creditors: amounts falling due within one year	5	(756,202)			(684,787)

Net current assets			1,775,687			1,548,449

Total assets less current liabilities			6,745,439			6,588,320


Provisions for liabilities			(82,215)			(99,325)


Net assets			6,663,224			6,488,995

Capital and reserves
Called up share capital			4,394,828			4,394,828
Profit and loss account			2,268,396			2,094,167

Shareholders' funds			6,663,224			6,488,995

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




P D Manchett
Director
Approved by the board on 22 October 2026

Manchett's Transport Ltd
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 rendering of services and 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 evenly over its expected useful life, as follows:

	Plant and machinery			25% reducing balance
	Motor Vehicles			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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					23		24


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2025	4,631,741		276,494		368,551		5,276,786
	Additions	-		40,486		-		40,486
	Disposals	-		(554)		-		(554)
	At 31 March 2026	4,631,741		316,426		368,551		5,316,718

	Depreciation
	At 1 April 2025	-		115,583		121,332		236,915
	Charge for the year	-		48,624		61,806		110,430
	On disposals	-		(379)		-		(379)
	At 31 March 2026	-		163,828		183,138		346,966

	Net book value
	At 31 March 2026	4,631,741		152,598		185,413		4,969,752
	At 31 March 2025	4,631,741		160,911		247,219		5,039,871


4	Debtors					2026		2025
£							£

	Trade debtors					428,364		416,947
	Other debtors					725,787		353,508
						1,154,151		770,455


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

	Trade creditors					446,149		402,420
	Taxation and social security costs					239,488		210,176
	Other creditors					70,565		72,191
						756,202		684,787


6	Related party transactions

	During the year the Company provided a loan to a Company in which some of the directors are both directors and shareholders. The total loan provided was £387,672 which was still outstanding as of 31 March 2026. The loan is interest free and repayable on demand.


7	Other information

	Manchett's Transport Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Heath Road
	Warboys
	Huntingdon
	Cambridgeshire
	PE28 2UU