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REGISTERED NUMBER: 09442512 (England and Wales)


















ACH HAULAGE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2018






ACH HAULAGE LIMITED (REGISTERED NUMBER: 09442512)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


ACH HAULAGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2018







DIRECTOR: H L Hulme





REGISTERED OFFICE: Delandale House
37 Old Dover Road
Canterbury
Kent
CT1 3JF





REGISTERED NUMBER: 09442512 (England and Wales)





ACCOUNTANTS: Wilkins Kennedy
Delandale House
37 Old Dover Road
Canterbury
Kent
CT1 3JF

ACH HAULAGE LIMITED (REGISTERED NUMBER: 09442512)

STATEMENT OF FINANCIAL POSITION
28 FEBRUARY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 20,000 30,000
Tangible assets 5 316,531 394,755
336,531 424,755

CURRENT ASSETS
Debtors 6 86,051 124,783
Cash at bank 52,245 32,785
138,296 157,568
CREDITORS
Amounts falling due within one year 7 102,171 108,159
NET CURRENT ASSETS 36,125 49,409
TOTAL ASSETS LESS CURRENT LIABILITIES 372,656 474,164

CAPITAL AND RESERVES
Called up share capital 650,000 650,000
Retained earnings (277,344 ) (175,836 )
SHAREHOLDERS' FUNDS 372,656 474,164

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 12 November 2018 and were signed by:



H L Hulme - Director


ACH HAULAGE LIMITED (REGISTERED NUMBER: 09442512)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018

1. STATUTORY INFORMATION

ACH Haulage Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

The business trading address is Brook Farm, Staple Road, Canterbury, Kent, CT3 1LP.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities"
of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost
convention.

The financial statements are produced in sterling (£) which is also the functional currency for the company and
rounded to the nearest £1.

The significant accounting policies applied in the preparation of these financial statements are set out below.
These policies have been consistently applied to all years presented unless otherwise stated.

After reviewing the company's forecasts and projections and taking into account the economic conditions and
possible changes in trading performance, the directors of the company have a reasonable expectation that the
company has adequate resources to continue in operational existence for the foreseeable future. The
company therefore continues to adopt the going concern basis in preparing its financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value
added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
The stage of completion of a contract is measured by comparing the costs incurred for work performed to date
to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when
the outcome of a contract cannot be estimated reliably.

Interest income
Interest income is recognised using the effective interest method.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 18% on reducing balance
Computer equipment - 18% on reducing balance

Trade and other payables
Trade and other payables are measured at their transaction price unless the arrangement constitutes a
financing transaction in which case the transaction is measured at present value of future payments
discounted at prevailing market rate of interest. Other financial liabilities are initially measured at fair value net
of their transaction costs. They are subsequently measured at amortised cost using the effective interest
method.


ACH HAULAGE LIMITED (REGISTERED NUMBER: 09442512)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018

2. ACCOUNTING POLICIES - continued
Taxation
Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current
or past reporting periods using tax rates that have been enacted or substantively enacted by the reporting
date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and
other deferred tax assets are recognised only to the extent that it is probable that they will be recovered
against future taxable profits or against the reversal of deferred tax liabilities.

Deferred tax is calculated using tax rates that have been enacted or substantively enacted by the reporting
date that are expected to apply to the reversal of the timing difference.

Hire purchase and leasing commitments
Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over
the lease term. Lease incentives are recognised over the lease term on a straight line basis.

Provisions
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to
the balance sheet date and that a payment will be required in settlement that can be estimated reliably.
Where material, provisions are calculated on a discounted basis.

Financial instruments
Financial instruments are classified, and accounted for, according to the substance of the contractual
arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any
contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Trade and other receivables
Trade and other receivables are measured at transaction price less any impairment unless the arrangement
constitutes a financing transaction in which case the transaction is measured at the present value of the future
receipts discounted at the prevailing market rate of interest. Loans are initially measured at fair value and are
subsequently measured at amortised cost using the effective interest method less any impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2017 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2017
and 28 February 2018 50,000
AMORTISATION
At 1 March 2017 20,000
Amortisation for year 10,000
At 28 February 2018 30,000
NET BOOK VALUE
At 28 February 2018 20,000
At 28 February 2017 30,000

ACH HAULAGE LIMITED (REGISTERED NUMBER: 09442512)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 March 2017 578,500 558 579,058
Disposals (13,000 ) - (13,000 )
At 28 February 2018 565,500 558 566,058
DEPRECIATION
At 1 March 2017 184,203 100 184,303
Charge for year 69,400 83 69,483
Eliminated on disposal (4,259 ) - (4,259 )
At 28 February 2018 249,344 183 249,527
NET BOOK VALUE
At 28 February 2018 316,156 375 316,531
At 28 February 2017 394,297 458 394,755

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 55,798 87,676
Specific bad debt provisions (48 ) -
Deferred tax asset
Tax losses carried forward 3,400 6,800
Prepayments and accrued income 26,901 30,307
86,051 124,783

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 20,922 26,412
Social security and other taxes 24,178 20,261
Other creditors 57,071 61,486
102,171 108,159

8. RELATED PARTY DISCLOSURES

A C Hulme Discretionary Will Trust holds a participating interest in ACH Haulage Limited. There is a balance of
£50,000 borrowed from the Trust included in creditors falling due within one year. The loan is interest-free
and repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The controlling party is A C Hulme Discretionary Will Trust.