G.S.KANG HAULAGE LTD.

Company Registration Number:
09663131 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

G.S.KANG HAULAGE LTD.

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

G.S.KANG HAULAGE LTD.

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 422,755 227,507
Investments: 4 10,000 0
Total fixed assets: 432,755 227,507
Current assets
Debtors:   271,741 373,574
Cash at bank and in hand: 146,297 165,458
Total current assets: 418,038 539,032
Creditors: amounts falling due within one year:   (172,991) (206,807)
Net current assets (liabilities): 245,047 332,225
Total assets less current liabilities: 677,802 559,732
Creditors: amounts falling due after more than one year:   (195,816) (130,755)
Provision for liabilities: (42,893) (42,893)
Total net assets (liabilities): 439,093 386,084
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 438,993 385,984
Shareholders funds: 439,093 386,084

The notes form part of these financial statements

G.S.KANG HAULAGE LTD.

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 September 2023
and signed on behalf of the board by:

Name: G Singh
Status: Director

The notes form part of these financial statements

G.S.KANG HAULAGE LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

G.S.KANG HAULAGE LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 12 10

G.S.KANG HAULAGE LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 334,544
Additions 301,799
At 31 December 2022 636,343
Depreciation
At 01 January 2022 107,037
Charge for year 106,551
At 31 December 2022 213,588
Net book value
At 31 December 2022 422,755
At 31 December 2021 227,507

G.S.KANG HAULAGE LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Fixed investments

Shares in group undertakings and participating interests

G.S.KANG HAULAGE LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Loans to directors

Name of director receiving advance or credit: G Singh
Description of the loan: Other debtors includes a balance owed of £1,544 (2021- £1,840) by director. This amount is the maximum drawn and has been repaid within nine months after the year end.
£
Balance at 01 January 2022 1,840
Advances or credits repaid: 296
Balance at 31 December 2022 1,544