2022-02-01 07539041 2023-01-31 07539041 2022-02-01 2023-01-31 07539041 2022-01-31 07539041 2021-02-01 2022-01-31 07539041 uk-core:WithinOneYear 2022-01-31 07539041 uk-core:WithinOneYear 2023-01-31 07539041 uk-core:AfterOneYear 2022-01-31 07539041 uk-core:AfterOneYear 2023-01-31 07539041 uk-core:ShareCapital 2023-01-31 07539041 uk-core:ShareCapital 2022-01-31 07539041 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 07539041 uk-core:RetainedEarningsAccumulatedLosses 2022-01-31 07539041 uk-bus:Director1 2022-02-01 2023-01-31 07539041 uk-core:NetGoodwill 2022-02-01 2023-01-31 07539041 uk-core:PlantMachinery 2022-02-01 2023-01-31 07539041 uk-core:ComputerEquipment 2022-02-01 2023-01-31 07539041 uk-core:MotorVehicles 2022-02-01 2023-01-31 07539041 uk-core:ToolsEquipment 2022-02-01 2023-01-31 07539041 uk-core:Goodwill 2022-01-31 07539041 uk-core:Goodwill 2023-01-31 07539041 uk-core:Goodwill 2022-02-01 2023-01-31 07539041 uk-core:ComputerEquipment 2022-01-31 07539041 uk-core:ToolsEquipment 2022-01-31 07539041 uk-core:MotorVehicles 2022-01-31 07539041 uk-core:MotorVehicles 2023-01-31 07539041 uk-core:ToolsEquipment 2023-01-31 07539041 uk-core:ComputerEquipment 2023-01-31 07539041 uk-core:WithinOneYear 2023-01-31 07539041 uk-core:WithinOneYear 2022-01-31 07539041 uk-core:AfterOneYear uk-core:Secured 2023-01-31 07539041 uk-core:AfterOneYear uk-core:Secured 2022-01-31 07539041 2 uk-bus:Director1 2022-02-01 2023-01-31 07539041 2 uk-bus:Director1 2023-01-31 07539041 2 uk-bus:Director1 2022-01-31 iso4217:GBP xbrli:pure 07539041 uk-bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 07539041 uk-bus:FRS102 2022-02-01 2023-01-31 07539041 uk-bus:FullAccounts 2022-02-01 2023-01-31 07539041 uk-bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31
J P Bulk Haulage Ltd
Registered Number:07539041
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2023
J P Bulk Haulage Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
07539041
As at 31 January 2023
J P Bulk Haulage Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Intangible assets
4,770
5,300
2
Property, plant and equipment
6,829
8,384
3
11,599
13,684
Current assets
Trade and other receivables
10,313
4,098
4
15,393
Cash and cash equivalents
16,209
20,307
25,706
Trade and other payables: amounts falling due within one
year
(19,335)
(17,121)
5
6,371
3,186
Net current assets
Total assets less current liabilities
14,785
20,055
Trade and other payables: amounts falling due after more
than one year
(17,417)
(12,474)
6
(1,298)
(1,593)
Provisions for liabilities
1,013
Net assets
1,045
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
13
45
1,013
1,045
Shareholders' funds
For the year ended 31 January 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs H Parry Director
These financial statements were approved and authorised for issue by the Board on 23 October 2023 and were signed by:
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4
Registered Number :
07539041
For the year ended 31 January 2023
J P Bulk Haulage Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 January 2023
J P Bulk Haulage Ltd
Notes to the Financial Statements
Statutory Information
J P Bulk Haulage Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07539041.
Registered address:
1 The Hedgerows
Hawarden
Flintshire
CH5 3LY
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of 20 years.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Trailers
10% Straight line
20% Straight line
Computer equipment
20% Straight line
Motor vehicles
10% Straight line
Tools & equipment
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.
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6
For the year ended 31 January 2023
J P Bulk Haulage Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 February 2022
10,600
At 31 January 2023
10,600
Amortisation
At 01 February 2022
5,300
530
Charge for year
At 31 January 2023
5,830
Net book value
At 31 January 2023
4,770
At 31 January 2022
5,300
3. Property, plant and equipment
Total
Computer
equipment
Tools &
equipment
Motor vehicles
£
£
£
£
Cost or
valuation
At 01 February 2022
9,870
-
1,870
8,000
250
250
-
-
Additions
At 31 January 2023
8,000
1,870
250
10,120
Provision for depreciation and impairment
At 01 February 2022
1,486
-
1,086
400
Charge for year
1,805
50
155
1,600
At 31 January 2023
3,291
50
1,241
2,000
At 31 January 2023
Net book value
6,000
629
200
6,829
At 31 January 2022
7,600
784
-
8,384
4. Trade and other receivables
2022
2023
£
£
Trade debtors
-
7,497
Amounts owed by directors
4,098
2,816
10,313
4,098
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7
For the year ended 31 January 2023
J P Bulk Haulage Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
5,645
8,213
Trade creditors
2,698
1,558
Taxation and social security
7,563
7,834
Other creditors
1,215
1,730
17,121
19,335
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
12,474
17,417
7. Directors advances and guarantees
At 01/02/2022
Loaned
Repaid
At 31/01/2023
£
£
£
£
Mrs H Parry
Directors Loan
4,098
2,817
31,881
30,600
4,098
2,817
31,881
30,600
8. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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