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REGISTERED NUMBER: 04873172 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Ian Harrison Transport Limited

Ian Harrison Transport Limited (Registered number: 04873172)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ian Harrison Transport Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: I Harrison
Mrs S Harrison





SECRETARY: Mrs S Harrison





REGISTERED OFFICE: Bank House
Wyaston
Ashbourne
Derbyshire
DE6 2DR





REGISTERED NUMBER: 04873172 (England and Wales)





ACCOUNTANTS: Andrew Brass MAAT
Ridgeway Accountancy Services Ltd
Ridgeway
Windmill Lane
Ashbourne
Derbyshire
DE6 1JA

Ian Harrison Transport Limited (Registered number: 04873172)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 29,353 34,911
29,353 34,911

CURRENT ASSETS
Debtors 6 5,000 5,000
Cash at bank 16,673 18,328
21,673 23,328
CREDITORS
Amounts falling due within one year 7 13,072 15,246
NET CURRENT ASSETS 8,601 8,082
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,954

42,993

PROVISIONS FOR LIABILITIES 5,481 6,515
NET ASSETS 32,473 36,478

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 32,373 36,378
32,473 36,478

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

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

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 15 December 2023 and were signed on its behalf by:





Mrs S Harrison - Director


Ian Harrison Transport Limited (Registered number: 04873172)

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

1. STATUTORY INFORMATION

Ian Harrison Transport 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Ian Harrison Transport Limited (Registered number: 04873172)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 60,000
AMORTISATION
At 1 November 2022
and 31 October 2023 60,000
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 112,801
Additions 1,800
At 31 October 2023 114,601
DEPRECIATION
At 1 November 2022 77,890
Charge for year 7,358
At 31 October 2023 85,248
NET BOOK VALUE
At 31 October 2023 29,353
At 31 October 2022 34,911

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 5,000 5,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 3,300 3,300
Taxation and social security 7,767 6,929
Other creditors 2,005 5,017
13,072 15,246

8. SECURED DEBTS

The following secured debts are included within creditors:

31.10.23 31.10.22
£    £