Top 50 forecourt operator Chartman has reported a 26% increase in pre-tax profits to £1m on sales up 5.1% to £45.5m in the year to 31 October 2012.

The company, which has Spar-branded forecourt stores, described the performance as “satisfactory” in accounts available at Companies House this week.

“The increase in turnover is due in part to rising fuel prices as well as increasing fuel volumes,” MD John Hartshorne wrote in the accounts.

Chartman is 29th in The Grocer’s ranking of the Top 50 independent grocery retailers in the UK with nine sites.

Last October, it signed a five-year fuel supply deal with Esso at three of its sites. They had been supplied by BP.