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REGISTERED NUMBER: 06887660 (England and Wales)













Unaudited Financial Statements for the Year Ended 31 December 2023

for

Bradley's General Haulage Limited

Bradley's General Haulage Limited (Registered number: 06887660)






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




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Bradley's General Haulage Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: P E Bradley





REGISTERED OFFICE: Bay 3
Bassett Road
Cradley
Halesowen
West Midlands
B63 2RE





REGISTERED NUMBER: 06887660 (England and Wales)





ACCOUNTANTS: Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Bradley's General Haulage Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Director's Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bradley's General Haulage Limited for the year ended 31 December 2023 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Bradley's General Haulage Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bradley's General Haulage Limited and state those matters that we have agreed to state to the director of Bradley's General Haulage Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bradley's General Haulage Limited and its director for our work or for this report.

It is your duty to ensure that Bradley's General Haulage Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bradley's General Haulage Limited. You consider that Bradley's General 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 financial statements of Bradley's General 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 financial statements.






Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS


18 January 2024

Bradley's General Haulage Limited (Registered number: 06887660)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 84,487 136,778
84,487 136,778

CURRENT ASSETS
Debtors 6 71,016 108,566
Cash at bank 27,183 51,651
98,199 160,217
CREDITORS
Amounts falling due within one year 7 (87,865 ) (144,029 )
NET CURRENT ASSETS 10,334 16,188
TOTAL ASSETS LESS CURRENT
LIABILITIES

94,821

152,966

CREDITORS
Amounts falling due after more than
one year

8

(14,814

)

(36,037

)

PROVISIONS FOR LIABILITIES (17,742 ) (25,988 )
NET ASSETS 62,265 90,941

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 62,165 90,841
62,265 90,941

Bradley's General Haulage Limited (Registered number: 06887660)

Balance Sheet - continued
31 December 2023


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 January 2024 and were signed by:





P E Bradley - Director


Bradley's General Haulage Limited (Registered number: 06887660)

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

1. STATUTORY INFORMATION

Bradley's General 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten 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.
Fixtures and fittings - straight line over 3 years
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


Bradley's General Haulage Limited (Registered number: 06887660)

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

2. ACCOUNTING POLICIES - continued
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.

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 6 (2022 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 10,000
AMORTISATION
At 1 January 2023
and 31 December 2023 10,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

Bradley's General Haulage Limited (Registered number: 06887660)

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

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 January 2023 9,087 236,622 245,709
Disposals - (38,500 ) (38,500 )
At 31 December 2023 9,087 198,122 207,209
DEPRECIATION
At 1 January 2023 7,595 101,336 108,931
Charge for year 874 27,956 28,830
Eliminated on disposal - (15,039 ) (15,039 )
At 31 December 2023 8,469 114,253 122,722
NET BOOK VALUE
At 31 December 2023 618 83,869 84,487
At 31 December 2022 1,492 135,286 136,778

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 69,264 105,928
Other debtors 1,752 2,638
71,016 108,566

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,149 9,894
Hire purchase contracts 12,553 46,006
Trade creditors 5,317 9,740
Taxation and social security 51,724 65,968
Other creditors 8,122 12,421
87,865 144,029

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 14,814 24,963
Hire purchase contracts - 11,074
14,814 36,037

Bradley's General Haulage Limited (Registered number: 06887660)

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

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 12,553 57,080

The bank overdraft and loan are secured by a fixed floating charge over the company's assets. The hire purchases are secured on the assets concerned.

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the company made a loan to the director, P Bradley. The loan was unsecured and repayable on demand. Interest was charged at the official rate of interest. The maximum amount outstanding during the year was £15,899. The amount outstanding at 31 December 2023 was £1,339.