IRIS Accounts Production v23.2.0.158 04104535 Board of Directors Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh041045352022-03-31041045352023-03-31041045352022-04-012023-03-31041045352021-03-31041045352021-04-012022-03-31041045352022-03-3104104535ns10:Originalns15:EnglandWales2022-04-012023-03-3104104535ns14:PoundSterlingns10:Original2022-04-012023-03-3104104535ns10:Originalns10:Director12022-04-012023-03-3104104535ns10:Original2022-04-012023-03-3104104535ns10:Originalns10:Director22022-04-012023-03-3104104535ns10:Original2023-03-3104104535ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3104104535ns10:Originalns10:SmallEntities2022-04-012023-03-3104104535ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3104104535ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3104104535ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3104104535ns10:Originalns10:FullAccounts2022-04-012023-03-3104104535ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3104104535ns10:Originalns10:RegisteredOffice2022-04-012023-03-3104104535ns10:Original2022-03-3104104535ns10:Originalns5:CurrentFinancialInstruments2023-03-3104104535ns10:Originalns5:CurrentFinancialInstruments2022-03-3104104535ns10:Originalns5:Non-currentFinancialInstruments2023-03-3104104535ns10:Originalns5:Non-currentFinancialInstruments2022-03-3104104535ns5:ShareCapitalns10:Original2023-03-3104104535ns5:ShareCapitalns10:Original2022-03-3104104535ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3104104535ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3104104535ns10:Originalns5:PlantMachinery2022-04-012023-03-3104104535ns10:Originalns5:FurnitureFittings2022-04-012023-03-3104104535ns10:Originalns5:MotorVehicles2022-04-012023-03-3104104535ns10:Original2021-04-012022-03-3104104535ns10:Originalns5:PlantMachinery2022-03-3104104535ns10:Originalns5:FurnitureFittings2022-03-3104104535ns10:Originalns5:MotorVehicles2022-03-3104104535ns10:Original2022-03-3104104535ns10:Originalns5:PlantMachinery2023-03-3104104535ns10:Originalns5:FurnitureFittings2023-03-3104104535ns10:Originalns5:MotorVehicles2023-03-3104104535ns10:Originalns5:PlantMachinery2022-03-3104104535ns10:Originalns5:FurnitureFittings2022-03-3104104535ns10:Originalns5:MotorVehicles2022-03-3104104535ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-03-3104104535ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-04-012023-03-3104104535ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-03-3104104535ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-03-3104104535ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3104104535ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3104104535ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-3104104535ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-03-3104104535ns10:Originalns5:DeferredTaxation2022-03-3104104535ns10:Originalns5:DeferredTaxation2023-03-3104104535ns10:Originalns10:OrdinaryShareClass12023-03-3104104535ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3104104535ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 04104535 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 March 2023

for

Everitt Haulage Limited

Everitt Haulage Limited (Registered number: 04104535)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Everitt Haulage Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: W Everitt
Mrs A L Everitt





REGISTERED OFFICE: The Croft
Greenway
Carlton In Lindrick
Worksop Notts
S81 9EX





REGISTERED NUMBER: 04104535 (England and Wales)





ACCOUNTANTS: Parkins Accountants Ltd
T/A, Parkins, Chartered Accountants
Moor Park House
Bawtry Rd
Wickersley
Rotherham
South Yorkshire
S66 2BL

Everitt Haulage Limited (Registered number: 04104535)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 287,551 281,501

CURRENT ASSETS
Debtors 5 239,408 224,581
Cash at bank 206,555 169,465
445,963 394,046
CREDITORS
Amounts falling due within one year 6 243,717 241,050
NET CURRENT ASSETS 202,246 152,996
TOTAL ASSETS LESS CURRENT
LIABILITIES

489,797

434,497

CREDITORS
Amounts falling due after more than one
year

7

(70,133

)

(57,908

)

PROVISIONS FOR LIABILITIES 9 (54,635 ) (53,485 )
NET ASSETS 365,029 323,104

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 11 365,027 323,102
SHAREHOLDERS' FUNDS 365,029 323,104

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Everitt Haulage Limited (Registered number: 04104535)

Balance Sheet - continued
31 March 2023


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 19 October 2023 and were signed on its behalf by:




W Everitt - Director



Mrs A L Everitt - Director


Everitt Haulage Limited (Registered number: 04104535)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Everitt 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance

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.

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 or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Everitt Haulage Limited (Registered number: 04104535)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 16 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2022 72,144 5,543 628,383 706,070
Additions - - 150,950 150,950
Disposals (8,250 ) - (127,400 ) (135,650 )
At 31 March 2023 63,894 5,543 651,933 721,370
DEPRECIATION
At 1 April 2022 16,161 2,843 405,565 424,569
Charge for year 4,856 270 80,473 85,599
Eliminated on disposal (825 ) - (75,524 ) (76,349 )
At 31 March 2023 20,192 3,113 410,514 433,819
NET BOOK VALUE
At 31 March 2023 43,702 2,430 241,419 287,551
At 31 March 2022 55,983 2,700 222,818 281,501

Everitt Haulage Limited (Registered number: 04104535)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2022 236,295
Additions 142,950
Disposals (22,000 )
Transfer to ownership (158,300 )
At 31 March 2023 198,945
DEPRECIATION
At 1 April 2022 122,828
Charge for year 46,237
Eliminated on disposal (5,500 )
Transfer to ownership (103,329 )
At 31 March 2023 60,236
NET BOOK VALUE
At 31 March 2023 138,709
At 31 March 2022 113,467

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 238,908 224,581
Other debtors 500 -
239,408 224,581

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 8) 9,730 9,529
Hire purchase contracts 82,427 55,973
Trade creditors 49,951 85,449
Tax 11,456 15,525
Social security and other taxes 9,727 9,432
VAT 64,568 60,781
Other creditors 13,761 2,262
Accrued expenses 2,097 2,099
243,717 241,050

Everitt Haulage Limited (Registered number: 04104535)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 8) 22,616 32,546
Hire purchase contracts 47,517 25,362
70,133 57,908

8. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans 9,730 9,529

Amounts falling due between two and five years:
Bank loans - 2-5 years 22,616 32,546

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 54,635 53,485

Deferred
tax
£   
Balance at 1 April 2022 53,485
Movement 1,150
Balance at 31 March 2023 54,635

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary 1 2 2

11. RESERVES
Retained
earnings
£   

At 1 April 2022 323,102
Profit for the year 53,739
Dividends (11,814 )
At 31 March 2023 365,027

Everitt Haulage Limited (Registered number: 04104535)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

12. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.