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REGISTERED NUMBER: 03144768 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2022

for

ROBSONS VAN & TRUCK CENTRE LIMITED

ROBSONS VAN & TRUCK CENTRE LIMITED (REGISTERED NUMBER: 03144768)






Contents of the Financial Statements
for the year ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Accountants' Report 6

ROBSONS VAN & TRUCK CENTRE LIMITED

Company Information
for the year ended 31 March 2022







DIRECTORS: A Robson
Mrs S Robson
G Johnson





SECRETARY: A Robson





REGISTERED OFFICE: Planet Road
Adwick Le Street
Doncaster
DN6 7AW





REGISTERED NUMBER: 03144768 (England and Wales)





ACCOUNTANTS: Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ

ROBSONS VAN & TRUCK CENTRE LIMITED (REGISTERED NUMBER: 03144768)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 73,062 84,752
Tangible assets 5 1,060,248 846,624
1,133,310 931,376

CURRENT ASSETS
Debtors 6 259,177 297,180
Cash at bank and in hand 89,379 90,034
348,556 387,214
CREDITORS
Amounts falling due within one year 7 333,849 477,295
NET CURRENT ASSETS/(LIABILITIES) 14,707 (90,081 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,148,017

841,295

CREDITORS
Amounts falling due after more than one
year

8

(378,295

)

(289,553

)

PROVISIONS FOR LIABILITIES (248,338 ) (194,315 )
NET ASSETS 521,384 357,427

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 521,284 357,327
SHAREHOLDERS' FUNDS 521,384 357,427

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2022 and were signed on its behalf by:




A Robson - Director


ROBSONS VAN & TRUCK CENTRE LIMITED (REGISTERED NUMBER: 03144768)

Notes to the Financial Statements
for the year ended 31 March 2022

1. STATUTORY INFORMATION

Robsons Van & Truck Centre 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.

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 invoiced for the year in respect of transport, haulage and trailer hire excluding value added tax.

Turnover also represents fork lift truck rental income invoiced for the year excluding value added tax.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on reducing balance
Fixtures and fittings - 25% on cost and 10% on reducing balance
Motor vehicles - 25% on cost, 15% on reducing balance, 10% on reducing balance and 15, 10, 7, 6 and 5 years straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

ROBSONS VAN & TRUCK CENTRE LIMITED (REGISTERED NUMBER: 03144768)

Notes to the Financial Statements - continued
for the year ended 31 March 2022

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit and loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2021 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2021
and 31 March 2022 116,900
AMORTISATION
At 1 April 2021 32,148
Charge for year 11,690
At 31 March 2022 43,838
NET BOOK VALUE
At 31 March 2022 73,062
At 31 March 2021 84,752

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2021 8,758 28,768 1,235,904 1,273,430
Additions 3,496 26,788 303,239 333,523
Disposals - - (3,955 ) (3,955 )
At 31 March 2022 12,254 55,556 1,535,188 1,602,998
DEPRECIATION
At 1 April 2021 5,406 11,151 410,249 426,806
Charge for year 1,369 7,536 110,638 119,543
Eliminated on disposal - - (3,599 ) (3,599 )
At 31 March 2022 6,775 18,687 517,288 542,750
NET BOOK VALUE
At 31 March 2022 5,479 36,869 1,017,900 1,060,248
At 31 March 2021 3,352 17,617 825,655 846,624

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 227,572 253,417
Other debtors 31,605 43,763
259,177 297,180

ROBSONS VAN & TRUCK CENTRE LIMITED (REGISTERED NUMBER: 03144768)

Notes to the Financial Statements - continued
for the year ended 31 March 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 7,800 8,000
Hire purchase contracts 144,703 119,845
Trade creditors 44,003 156,991
Taxation and social security 78,747 94,035
Other creditors 58,596 98,424
333,849 477,295

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans 24,608 40,000
Hire purchase contracts 353,687 249,553
378,295 289,553

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 1,600
Hire purchase 19,219 -
19,219 1,600

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.22 31.3.21
£    £   
Hire purchase contracts 498,390 369,398

Hire purchase is secured over the assets being financed.

Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Robsons Van & Truck Centre Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Robsons Van & Truck Centre Limited for the year ended 31 March 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Robsons Van & Truck Centre Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Robsons Van & Truck Centre Limited and state those matters that we have agreed to state to the Board of Directors of Robsons Van & Truck Centre Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Robsons Van & Truck Centre Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Robsons Van & Truck Centre Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Robsons Van & Truck Centre Limited. You consider that Robsons Van & Truck Centre Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Robsons Van & Truck Centre Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ


13 September 2022