Colin Atkinson Transport Limited

Colin Atkinson Transport Limited Accountants' Report For the year ended 31 March 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Shaun Brown Accountants Ltd 31 March 2025 .................................................... Shaun Brown Accountants Ltd 14A Hartness Road Gilwilly Industrial Estate Penrith Cumbria CA11 9BD 22 September 2025 2

Colin Atkinson Transport Limited
Accountants' Report
For the year ended 31 March 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Shaun Brown Accountants Ltd
31 March 2025

....................................................
Shaun Brown Accountants Ltd
14A Hartness Road
Gilwilly Industrial Estate
Penrith
Cumbria
CA11 9BD
22 September 2025

Colin Atkinson Transport Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	562,692	518,897
		562,692	518,897
Current assets
Debtors	4	122,599	136,535
Cash at bank and in hand		108,497	120,889
		231,096	257,424
Creditors: amount falling due within one year	5	(222,777)	(227,056)
Net current assets		8,319	30,368

Total assets less current liabilities		571,011	549,265
Creditors: amount falling due after more than one year	6	(193,264)	(225,023)
Provisions for liabilities	7	(106,912)	(89,825)
Net assets		270,835	234,417

Capital and reserves
Called up share capital	8	1,500	1,500
Profit and loss account		269,335	232,917
Shareholders' funds		270,835	234,417

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These 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 income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 22 September 2025 and were signed on its behalf by:

-------------------------------
Mr C Atkinson
Director

Colin Atkinson Transport Limited
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Colin Atkinson Transport Limited is a private company, limited by shares, registered in England and Wales, registration number 04701062, registration address 77 Scotland Road, Penrith, Cumbria, CA11 9JD.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the income statement on a straight line basis.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	15% Reducing Balance
Motor Vehicles	25% Reducing Balance

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 7 (2024 : 10).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 01 April 2024	18,092	988,983	1,007,075
Additions	-	204,750	204,750
Disposals	-	(100,500)	(100,500)
At 31 March 2025	18,092	1,093,233	1,111,325
Depreciation
At 01 April 2024	15,477	472,701	488,178
Charge for year	392	94,610	95,002
On disposals	-	(34,547)	(34,547)
At 31 March 2025	15,869	532,764	548,633
Net book values
Closing balance as at 31 March 2025	2,223	560,469	562,692
Opening balance as at 01 April 2024	2,615	516,282	518,897

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	96,711	134,901
Other Debtors	25,888	1,634
	122,599	136,535

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	37,285	61,183
Taxation and Social Security	3,010	9,343
Obligations under HP/Financial Leases	133,833	107,847
Other Creditors	48,649	48,683
	222,777	227,056

Creditors: amount falling due after more than one year

	2025 £		2024 £
Obligations under HP/Financial Leases	193,264		225,023
	193,264		225,023

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	106,912		89,825
	106,912		89,825

Share Capital

Allotted, called up and fully paid	2025 £	2024 £
500 Class A shares of £1.00 each	500	500
500 Class B shares of £1.00 each	500	500
500 Class C shares of £1.00 each	500	500
	1,500	1,500

Registered Number: 04701062
England and Wales
COLIN ATKINSON TRANSPORT LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025