REGISTERED NUMBER: 04448979 (England and Wales)

A P Transport Glos. Limited

Financial Statements

for the Year Ended 31st May 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

511,599

304,849

511,599

304,849

CURRENT ASSETS

Debtors

6

530,055

481,654

Cash at bank

159,245

206,026

689,300

687,680

CREDITORS

Amounts falling due within one year

7

553,006

261,400

NET CURRENT ASSETS

136,294

426,280

TOTAL ASSETS LESS CURRENT LIABILITIES

647,893

731,129

PROVISIONS FOR LIABILITIES

126,431

74,514

NET ASSETS

521,462

656,615

CAPITAL AND RESERVES

Called up share capital

8

50

100

Retained earnings

521,412

656,515

SHAREHOLDERS' FUNDS

521,462

656,615

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2025 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 10th November 2025 and were signed by:

A T Timbrell - Director

1.	STATUTORY INFORMATION

A P Transport Glos. Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04448979

Registered office:

Southleaze Farm

Shorncote

Cirencester

Gloucestershire

GL7 6BZ

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 represents amounts derived from the provision of goods and services after deduction of value added tax.

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 20 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements

-

5% on cost

Plant and machinery

-

15% on reducing balance

Office equipment

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 37 (2024 - 33 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st June 2024

and 31st May 2025

30,000

AMORTISATION

At 1st June 2024

and 31st May 2025

30,000

NET BOOK VALUE

At 31st May 2025

-

At 31st May 2024

-

5.	TANGIBLE FIXED ASSETS

Leasehold

Plant and

Office

Motor

improvements

machinery

equipment

vehicles

Totals

£

£

£

£

£

COST

At 1st June 2024

25,591

306,380

20,862

674,469

1,027,302

Additions

-

191,821

751

174,471

367,043

Disposals

-

(115,500

)

-

(30,865

)

(146,365

)

At 31st May 2025

25,591

382,701

21,613

818,075

1,247,980

DEPRECIATION

At 1st June 2024

16,134

200,094

16,839

489,386

722,453

Charge for year

1,279

24,889

639

72,206

99,013

Eliminated on disposal

-

(58,083

)

-

(27,002

)

(85,085

)

At 31st May 2025

17,413

166,900

17,478

534,590

736,381

NET BOOK VALUE

At 31st May 2025

8,178

215,801

4,135

283,485

511,599

At 31st May 2024

9,457

106,286

4,023

185,083

304,849

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

402,874

407,628

Other debtors

127,181

74,026

530,055

481,654

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

166,955

75,056

Other creditors

386,051

186,344

553,006

261,400

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

50

100

On 30th August 2024 the company purchased fifty £1 ordinary shares for cancellation. The total aggregate amount paid on these shares was £250,000.

9.	RELATED PARTY DISCLOSURES

During the year the company purchased 50 of its own shares for cancellation from a director, P Raines. The 50 shares represented his entire holding in the company. The total aggregate amount paid on these shares was £250,000.

During the year the company was charged rent of £70,000 by an associated company, Timbrell Farming Limited.

10.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £2,700 were due to the fund. They are included in other creditors.