ACCOUNTS - Final Accounts

SAGA SPARSHATT HOLDINGS LTD - Company Information

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Registered number: 01559196

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

COMPANY INFORMATION

Directors	Mr P A Rooney
	Mr S J Rooney


Registered number	01559196


Registered office	Unit 10
	Eurolink Industrial Estate
	Castle Road
	Sittingbourne
	Kent
	ME10 3RN


Independent auditors	PKF Smith Cooper Audit Limited
	Statutory Auditors
	2 Lace Market Square
	Nottingham
	NG1 1PB

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

CONTENTS

	Page
Strategic report	1
Directors' report	2 - 3
Independent auditors' report	4 - 7
Statement of comprehensive income	8
Balance sheet	9
Statement of changes in equity	10
Notes to the financial statements	11 - 15

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

STRATEGIC REPORT

FOR THE YEAR ENDED 31 DECEMBER 2021

Introduction

The company owns 100% of Sparshatt Truck & Van Limited which is the Mercedes-Benz Commercial Vehicle partner in Kent and South East London.

Business review

The company is now a holding company with no trade.

Principal risks and uncertainties

The company uses financial instruments, other than derivatives, comprising borrowings, cash and other liquid resources and various other items such as trade debtors and creditors that arise directly from its operations. The main risks arising from the company’s financial instruments are interest rate and liquidity risk. The directors review and agree policies for managing each of these risks and they are summarised below:
Interest risk is managed by financing operations through a mixture of retained profit, and Group borrowing. The company’s exposure to interest rate fluctuations on its borrowings is managed by the use of both fixed and floating facilities.
Financial risk is managed by ensuring sufficient liquidity is available to meet foreseeable needs. The policy through out the year has been to ensure continuity of funding by using facilities provided by other group companies.

Financial key performance indicators

The company made an operating loss before dividend receipts of £272 (2020: £174 profit).

Directors' statement of compliance with duty to promote the success of the Company

Under section 172(1) of the Companies Act 2006, the directors have a duty to act in good faith and in a way that would be most likely to promote the success of the company for the benefit of its shareholder whilst having regard to matters set out in S172(1) (a-f) of the Act.
To discharge their section 172(1) duties, the directors have had regard to the factors set out in S172(1) (a-f) of the Act in making the principal decisions taken by the company.
The company is the parent of Sparshatt Truck & Van Limited, has no employees and is a small entity when considered on a single entity basis. The directors consider that it is sufficient to disclose within Sparshatt Truck & Van Limited and at a group level within the ultimate parent company accounts of Belfry Trucks Limited, details in regard to performing their duties under S172(1).
All directors' decisions were made to promote the long term success of both the company and its ultimate parent company and were in line with the strategic goals and objectives of the group.

This report was approved by the board on 23 May 2023 and signed on its behalf.

Mr S J Rooney

Director

Page 1

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2021

The directors present their report and the financial statements for the year ended 31 December 2021.

Directors' responsibilities statement

The directors are responsible for preparing the Strategic report, the Directors' report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies for the Company's financial statements and then apply them consistently;

∙make judgments and accounting estimates that are reasonable and prudent;

∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Principal activity

The Company's principal activity is that of an intermediate Holding Company.

Results and dividends

The profit for the year, after taxation, amounted to £5,157,018 (2020 - loss £7,344).

No dividends have been recommended.

Directors

The directors who served during the year were:

Mr P A Rooney

Mr S J Rooney

Future developments

The company will continue to act as an intermediate Holding Company.

Page 2

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

DIRECTORS' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

Disclosure of information to auditors

Each of the persons who are directors at the time when this Directors' report is approved has confirmed that:

∙so far as the director is aware, there is no relevant audit information of which the Company's auditors are unaware, and

∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditors are aware of that information.

Post balance sheet events

There have been no significant events affecting the Company since the year end.

Auditors

The auditors, PKF Smith Cooper Audit Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.

This report was approved by the board on 23 May 2023 and signed on its behalf.

Mr S J Rooney

Director

Page 3

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF SPARSHATT TRUCK & VAN HOLDINGS LIMITED

Opinion

We have audited the financial statements of Sparshatt Truck & Van Holdings Limited (the 'Company') for the year ended 31 December 2021, which comprise the Statement of comprehensive income, the Balance sheet, the Statement of changes in equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

∙give a true and fair view of the state of the Company's affairs as at 31 December 2021 and of its profit for the year then ended;

∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

∙have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Page 4

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF SPARSHATT TRUCK & VAN HOLDINGS LIMITED (CONTINUED)

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

∙the information given in the Strategic report and the Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

∙the Strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic report or the Directors' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

∙adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

∙the financial statements are not in agreement with the accounting records and returns; or

∙certain disclosures of directors' remuneration specified by law are not made; or

∙we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Directors' responsibilities statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

n preparing the financial statements, the directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.

Page 5

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF SPARSHATT TRUCK & VAN HOLDINGS LIMITED (CONTINUED)

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. Based on our understanding of the company and industry, we identify the key laws and regulations affecting the company. We identified that the principal risk of fraud or non-compliance with laws and regulations related to:
• Management bias in respect of accounting estimates and judgements made;
• Management override of control;
• Posting of unusual journals or transactions.
We focussed on those areas that could give rise to a material misstatement in the Group financial statements. Our procedures included, but were not limited to:
• Enquiry of management and those charged with governance around actual and potential litigation and claims, including instances of non-compliance with laws and regulations and fraud;
• Reviewing minutes of meetings of those charged with governance where available;
• Reviewing legal expenditure in the year to identify instances of non-compliance with laws and regulations and fraud;
• Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations;
• Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias.
It is the primary responsibility of management, with the oversight of those charged with governance, to ensure that the entity's operations are conducted in accordance with the provisions of laws and regulations and for the prevention and detection of fraud.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.

Page 6

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF SPARSHATT TRUCK & VAN HOLDINGS LIMITED (CONTINUED)

Use of our report

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.

James Bagley (Senior statutory auditor)

for and on behalf of

PKF Smith Cooper Audit Limited

Statutory Auditors

2 Lace Market Square

Nottingham

NG1 1PB

23 May 2023

Page 7

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

STATEMENT OF COMPREHENSIVE INCOME

FOR THE YEAR ENDED 31 DECEMBER 2021

	2021	2020
Note	£	£


Administrative expenses		55,728	(18)
Other operating income	4	-	192
Operating profit		55,728	174
Income from shares in group undertakings		5,157,290	-
Amounts written off investments		(56,000)	-
Profit before tax		5,157,018	174
Tax on profit		-	(7,518)
Profit/(loss) for the financial year		5,157,018	(7,344)

There were no recognised gains and losses for 2021 or 2020 other than those included in the statement of comprehensive income.

There was no other comprehensive income for 2021 (2020:£NIL).

The notes on pages 11 to 15 form part of these financial statements.

Page 8

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

REGISTERED NUMBER: 01559196

BALANCE SHEET

AS AT 31 DECEMBER 2021

		2021		2020
Note		£		£

Fixed assets
Investments	6		680,000		736,000
			680,000		736,000
Current assets
Debtors: amounts falling due within one year	7	-		1,990,303
Cash at bank and in hand	8	350,000		272
		350,000		1,990,575
Creditors: amounts falling due within one year	9	(346,157)		(889,852)
Net current assets			3,843		1,100,723
Total assets less current liabilities			683,843		1,836,723

Net assets			683,843		1,836,723

Capital and reserves
Called up share capital	11	460,759	460,759
Share premium account	12	79,502	79,502
Capital redemption reserve	12	39,241	39,241
Profit and loss account	12	104,341	1,257,221
		683,843	1,836,723

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 May 2023.

Mr S J Rooney

Director

The notes on pages 11 to 15 form part of these financial statements.

Page 9

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2021

	Called up share capital	Share premium account	Capital redemption reserve	Profit and loss account	Total equity
	£	£	£	£	£
At 1 January 2020	460,759	79,502	39,241	1,264,565	1,844,067
Comprehensive income for the year
Loss for the year	-	-	-	(7,344)	(7,344)

At 1 January 2021	460,759	79,502	39,241	1,257,221	1,836,723
Comprehensive income for the year
Profit for the year	-	-	-	5,157,018	5,157,018
Contributions by and distributions to owners
Dividends: Equity capital	-	-	-	(6,309,898)	(6,309,898)
At 31 December 2021	460,759	79,502	39,241	104,341	683,843

The notes on pages 11 to 15 form part of these financial statements.

Page 10

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

1.	General information

Sparshatts Truck & Van Holdings Limited is a private company limited by shares incorporated in England, United Kingdom. The address of the registered office is given in the company information page of these financial statements. The company's registration number is 01559196. The nature of the company's operations and principal activities are given in the Directors' Report.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).

The company is itself a subsidiary company and is exempt from the requirement to prepare group financial statements by virtue of section 400 of the Companies Act 2006. The financial statements therefore present information about the company as an individual undertaking and not about its group.
The financial statements are prepared in Sterling which is the functional currency of the company and have been rounded to nearest £1.
The significant accounting policies applied in preparation of these financial statements are set out below. Their policies have been consistently applied to all years presented unless otherwise stated.

2.2

Financial Reporting Standard 102 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

∙the requirements of Section 7 Statement of Cash Flows;

∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);

∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of Belfry Trucks Limited as at 31 December 2021 and these financial statements may be obtained from Unit 10, Eurolink Industrial Estate, Castle Road, Sittingbourne, England, ME10 3RN.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Revenue comprises of rents and service charges receivable. It is therefore recognised in line with the period of the lease agreement, when rents fall due, to the extent that it is probable the company will receive the consideration due under the contract.

Page 11

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

2.Accounting policies (continued)

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.6

Impairment of fixed assets and goodwill

Assets that are subject to depreciation or amortisation are assessed at each balance sheet date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each balance sheet date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 12

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of the estimates mean that the actual outcomes could differ from those estimates. There are no significant judgements (apart from those involving estimates) which have had an effect on the amounts recognised in the financial statements.

4.	Other operating income
		2021	2020
		£	£

Other operating income	-	192
	-	192

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2020 - £NIL).

6.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	At 1 January 2021	736,000
	Amounts written off	(56,000)
	At 31 December 2021	680,000

Subsidiary undertaking
The following was a subsidiary undertaking of the Company:
Name	Registered office	Principal activity	Class of shares	Holding

Sparshatt Truck & Van Limited

Unit 10, Eurolink Industrial Centre, Castle Road, Sittingbourne, Kent, ME10 3RN

Truck sales and rentals

Ordinary

100%

Page 13

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

Debtors

					2021	2020
					£	£


Amounts owed by group undertakings	-	1,990,303
	-	1,990,303

8.	Cash and cash equivalents
		2021	2020
		£	£

Cash at bank and in hand	350,000	272
	350,000	272

9.	Creditors: Amounts falling due within one year
		2021	2020
		£	£

Amounts owed to group undertakings	344,157	887,852
Accruals and deferred income	2,000	2,000
	346,157	889,852

10.	Financial instruments
		2021	2020
		£	£

	Financial assets
	Financial assets that are debt instruments measured at amortised cost	-	1,990,303

	Financial liabilities
	Financial liabilities measured at amortised cost	(346,157)	(889,852)

	Financial assets that are debt instruments measured at amortised cost comprise trade debtors and amounts owed by group undertakings.
	Financial liabilities measured at amortised cost comprise amounts owed to group undertakings and accruals.

Page 14

SPARSHATT TRUCK & VAN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

11.	Share capital
		2021	2020
		£	£

Allotted, called up and fully paid

460,759 (2020 - 460,759) Ordinary shares of £1.00 each	460,759	460,759

12.

Reserves

Share premium account

The reserve records the amount above the nominal value received for shares sold, less transaction costs.

Capital redemption reserve

This reserves records the nominal value of shares repurchased by the company.

Profit and loss account

The reserve records retained earnings and accumulated losses.

13.Commitments and contingencies

A composite guarantee dated 28 February 2014 for all liabilities of Sparshatt Truck & Van Holdings Limited and Sparshatt Truck & Van Limited has been given to Lloyds bank Plc.
In March 2018, the group entered into a similar mortgage with Close Brothers Limited which includes a composite guarantee with fixed and floating charges over the property of Belfry Trucks Limited, Sparshatt Truck & Van Limited and Sparshatt Truck & Van Holdings Limited.

14.	Related party transactions
	The company has taken advantage of the exemption under FRS 102 Section 33.1A Related Party Disclosures from disclosing transactions with other members of the group.

15.	Controlling party

The ultimate parent company is Belfry Trucks Limited, a company incorporated in England, United Kingdom.
Consolidated financial statements are available from Unit 10, Eurolink Industrial Estate, Castle Road, Sittingbourne, England, ME10 3RN.
The company is ultimately controlling by S J Rooney, M Sadique, P A Rooney and P M Davies by virtue of their joint shareholding in Belfry Trucks Limited.

Page 15