Company Registration No. 05726730 (England and Wales)
DAVE SCOTT HAULAGE LIMITED
Unaudited accounts
for the year ended 31 March 2023
DAVE SCOTT HAULAGE LIMITED
Unaudited accounts
Contents
DAVE SCOTT HAULAGE LIMITED
Company Information
for the year ended 31 March 2023
Director
David William Scott
Company Number
05726730 (England and Wales)
Registered Office
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
ENGLAND
Accountants
J JENKIN & ASSOCIATES LIMITED
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
DAVE SCOTT HAULAGE LIMITED
Accountants' report
Accountants' report to the director of DAVE SCOTT HAULAGE LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
DAVE SCOTT HAULAGE LIMITED for the year ended
31 March 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of DAVE SCOTT HAULAGE LIMITED, as a body, in accordance with the terms of our engagement letter dated 6 January 2020. Our work has been undertaken solely to prepare for your approval the accounts of DAVE SCOTT HAULAGE LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DAVE SCOTT HAULAGE LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that DAVE SCOTT HAULAGE LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of DAVE SCOTT HAULAGE LIMITED. You consider that DAVE SCOTT HAULAGE 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 accounts of DAVE SCOTT HAULAGE 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 accounts.
J JENKIN & ASSOCIATES LIMITED
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
9 November 2023
DAVE SCOTT HAULAGE LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
159,354
120,278
Cash at bank and in hand
30,350
16,712
Creditors: amounts falling due within one year
(565,895)
(490,428)
Net current liabilities
(528,658)
(462,309)
Net liabilities
(369,304)
(342,031)
Called up share capital
100
100
Profit and loss account
(369,404)
(342,131)
Shareholders' funds
(369,304)
(342,031)
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 November 2023 and were signed on its behalf by
David William Scott
Director
Company Registration No. 05726730
DAVE SCOTT HAULAGE LIMITED
Notes to the Accounts
for the year ended 31 March 2023
DAVE SCOTT HAULAGE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05726730. The registered office is POST OFFICE VAULTS, 4 MARKET PLACE, WANTAGE, OXFORDSHIRE, OX12 8AT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
20% Reducing balance
The company has net liabilities and is therefore dependant upon the continuing support of its creditors and directors. On the basis that this support is expected to continue, the accounts have been drawn up on the going concern basis.
DAVE SCOTT HAULAGE LIMITED
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
1,202
197,349
32,402
230,953
Additions
-
92,926
16,601
109,527
Disposals
-
(46,950)
-
(46,950)
At 31 March 2023
1,202
243,325
49,003
293,530
At 1 April 2022
596
83,645
26,434
110,675
Charge for the year
152
35,071
3,683
38,906
On disposals
-
(15,405)
-
(15,405)
At 31 March 2023
748
103,311
30,117
134,176
At 31 March 2023
454
140,014
18,886
159,354
At 31 March 2022
606
113,704
5,968
120,278
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
12,718
56,334
Loans from directors
553,177
434,094
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).