Registered number
13147938
Bennett & Son Haulage Limited
Accounts
For the Year Ended
31 January 2023
Oakensen
Chartered Accountants
31 Stallard Street
Trowbridge
Wiltshire
BA14 9AA
Bennett & Son Haulage Limited
Registered number: 13147938
Balance Sheet
as at 31 January 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 20,087 16,453
Current assets
Debtors 4 2,560 11,797
Cash at bank and in hand 301 185
2,861 11,982
Creditors: amounts falling due within one year 5 (7,525) (1,504)
Net current (liabilities)/assets (4,664) 10,478
Total assets less current liabilities 15,423 26,931
Creditors: amounts falling due after more than one year 6 (18,923) (20,005)
Net (liabilities)/assets (3,500) 6,926
Capital and reserves
Called up share capital 100 100
Profit and loss account (3,600) 6,826
Shareholder's funds (3,500) 6,926
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
N P Bennett
Director
Approved by the board on 25 October 2023
Bennett & Son Haulage Limited
Notes to the Accounts
for the year ended 31 January 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Motor vehicles over 5 years
Creditors
Short term creditors are measured at transaction price which is usually the invoice price.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 February 2022 1,566 19,000 20,566
Additions 9,683 - 9,683
At 31 January 2023 11,249 19,000 30,249
Depreciation
At 1 February 2022 313 3,800 4,113
Charge for the year 2,249 3,800 6,049
At 31 January 2023 2,562 7,600 10,162
Net book value
At 31 January 2023 8,687 11,400 20,087
At 31 January 2022 1,253 15,200 16,453
4 Debtors 2023 2022
£ £
Trade debtors 2,560 11,797
5 Creditors: amounts falling due within one year 2023 2022
£ £
Obligations under finance lease and hire purchase contracts 2,934 -
Taxation and social security costs 1,214 151
Other creditors 3,377 1,353
7,525 1,504
6 Creditors: amounts falling due after one year 2023 2022
£ £
Other creditors 18,923 20,005
7 Related party transactions
The company owed the director of the company £18,923 (2022 £20,005) at the year end.
8 Other information
Bennett & Son Haulage Limited is a private company limited by shares and incorporated in England. Its registered office is:
Unit 5 Fairwood Trading Estate
Fairwood Road
Dilton Marsh
Wiltshire
BA13 3SW
Bennett & Son Haulage Limited 13147938 false 2022-02-01 2023-01-31 2023-01-31 VT Final Accounts April 2022 N P Bennett No description of principal activity 13147938 2021-01-20 2022-01-31 13147938 core:WithinOneYear 2022-01-31 13147938 core:AfterOneYear 2022-01-31 13147938 core:ShareCapital 2022-01-31 13147938 core:RetainedEarningsAccumulatedLosses 2022-01-31 13147938 2022-02-01 2023-01-31 13147938 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 13147938 bus:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 13147938 bus:Director40 2022-02-01 2023-01-31 13147938 2 2022-02-01 2023-01-31 13147938 core:PlantMachinery 2022-02-01 2023-01-31 13147938 core:Vehicles 2022-02-01 2023-01-31 13147938 countries:England 2022-02-01 2023-01-31 13147938 bus:FRS102 2022-02-01 2023-01-31 13147938 bus:FullAccounts 2022-02-01 2023-01-31 13147938 2023-01-31 13147938 core:WithinOneYear 2023-01-31 13147938 core:AfterOneYear 2023-01-31 13147938 core:ShareCapital 2023-01-31 13147938 core:RetainedEarningsAccumulatedLosses 2023-01-31 13147938 core:PlantMachinery 2023-01-31 13147938 core:Vehicles 2023-01-31 13147938 2022-01-31 13147938 core:PlantMachinery 2022-01-31 13147938 core:Vehicles 2022-01-31 iso4217:GBP xbrli:pure