Singh Trucking Ltd - Filleted accounts

Registered number

06366641

Singh Trucking Ltd

Filleted Accounts

31 January 2026

Mr Tax (Midlands) Ltd

Tax Accountants

Singh Trucking Ltd
Registered number:		06366641
Balance Sheet
as at 31 January 2026

Notes			2026		2025
Fixed assets
Tangible assets	3		1,419,791		1,366,540
Investments	4		-		300,000
			1,419,791		1,666,540

Current assets
Debtors	5	1,027,256		624,911
Cash at bank and in hand		313,405		338,073
		1,340,661		962,984
Creditors: amounts falling due within one year	6	(468,847)		(426,889)

Net current assets			871,814		536,095

Total assets less current liabilities			2,291,605		2,202,635

Creditors: amounts falling due after more than one year	7		(624,421)		(583,160)

Provisions for liabilities			(227,045)		(285,810)


Net assets			1,440,139		1,333,665

Capital and reserves
Called up share capital			100		100
Profit and loss account			1,440,039		1,333,565

Shareholders' funds			1,440,139		1,333,665

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.




Jagvinder Singh
Director
Approved by the board on 23 October 2026

Singh Trucking Ltd
Notes to the Accounts
for the year ended 31 January 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. It includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.

	Tangible fixed assets
	Investment property is carried at original cost contrary to th requirements of FRS 102 whih requres investment property to be carried at fair value. All other tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
	Investment property	Nil
	Furniture & equipment	20% reducing balance
	Motor Lorries	15% 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. Current and deferred tax assets and liabilities are not discounted.



	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	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		23


3	Tangible fixed assets
		Furniture & equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 February 2025	13,553		2,942,065		2,955,618
	Additions	2,607		375,131		377,738
	Disposals	-		(193,250)		(193,250)
	At 31 January 2026	16,160		3,123,946		3,140,106

	Depreciation
	At 1 February 2025	10,369		1,578,708		1,589,077
	Charge for the year	1,157		(129,926)		(128,769)
	On disposals	-		260,007		260,007
	At 31 January 2026	11,526		1,708,789		1,720,315

	Net book value
	At 31 January 2026	4,634		1,415,157		1,419,791
	At 31 January 2025	3,184		1,363,357		1,366,541









4	Investments
Freehold
property
£
	Cost
	At 1 February 2025					300,000
	Disposals					(300,000)

	At 31 January 2026					-


5	Debtors			2026		2025
£					£

	Trade debtors			441,153		377,031
	Other debtors			586,103		247,880
				1,027,256		624,911


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

	Bank loans and overdrafts			5,943		10,648
	Obligations under finance lease and hire purchase contracts			336,334		223,603
	Trade creditors			77,895		95,327
	Corporation tax			4,559		2,932
	Other taxes and social security costs			38,855		(5,621)
	Other creditors			5,261		100,000
				468,847		426,889


7	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			-		5,943
	Obligations under finance lease and hire purchase contracts			624,421		577,217
				624,421		583,160

8	Other information

	Singh Trucking Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	64 Gynsill Lane
	Anstey
	Leicester
	Leicestershire
	LE7 7AL