IRIS Accounts Production v24.1.0.578 07706417 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh077064172022-07-31077064172023-07-31077064172022-08-012023-07-31077064172021-07-31077064172021-08-012022-07-31077064172022-07-3107706417ns15:EnglandWales2022-08-012023-07-3107706417ns14:PoundSterling2022-08-012023-07-3107706417ns10:Director12022-08-012023-07-3107706417ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3107706417ns10:SmallEntities2022-08-012023-07-3107706417ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3107706417ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3107706417ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3107706417ns10:FullAccounts2022-08-012023-07-3107706417ns10:OrdinaryShareClass12022-08-012023-07-3107706417ns10:OrdinaryShareClass22022-08-012023-07-3107706417ns10:Director22022-08-012023-07-3107706417ns10:RegisteredOffice2022-08-012023-07-3107706417ns5:CurrentFinancialInstruments2023-07-3107706417ns5:CurrentFinancialInstruments2022-07-3107706417ns5:ShareCapital2023-07-3107706417ns5:ShareCapital2022-07-3107706417ns5:RetainedEarningsAccumulatedLosses2023-07-3107706417ns5:RetainedEarningsAccumulatedLosses2022-07-3107706417ns5:MotorVehicles2022-08-012023-07-3107706417ns5:ComputerEquipment2022-08-012023-07-3107706417ns5:PlantMachinery2022-07-3107706417ns5:MotorVehicles2022-07-3107706417ns5:ComputerEquipment2022-07-3107706417ns5:PlantMachinery2022-08-012023-07-3107706417ns5:PlantMachinery2023-07-3107706417ns5:MotorVehicles2023-07-3107706417ns5:ComputerEquipment2023-07-3107706417ns5:PlantMachinery2022-07-3107706417ns5:MotorVehicles2022-07-3107706417ns5:ComputerEquipment2022-07-3107706417ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3107706417ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3107706417ns10:OrdinaryShareClass12023-07-3107706417ns10:OrdinaryShareClass22023-07-31
REGISTERED NUMBER: 07706417 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

LOADFAST WASTE DISPOSAL LIMITED

LOADFAST WASTE DISPOSAL LIMITED (REGISTERED NUMBER: 07706417)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


LOADFAST WASTE DISPOSAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: Mr P R Pfundstein
Mrs K J Winchester





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 07706417 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

LOADFAST WASTE DISPOSAL LIMITED (REGISTERED NUMBER: 07706417)

STATEMENT OF FINANCIAL POSITION
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,558 16,893

CURRENT ASSETS
Debtors 5 35,872 33,781
Cash at bank 41,130 23,806
77,002 57,587
CREDITORS
Amounts falling due within one year 6 74,193 66,926
NET CURRENT ASSETS/(LIABILITIES) 2,809 (9,339 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,367

7,554

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 15,267 7,454
SHAREHOLDERS' FUNDS 15,367 7,554

LOADFAST WASTE DISPOSAL LIMITED (REGISTERED NUMBER: 07706417)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 2023


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 November 2023 and were signed on its behalf by:





Mrs K J Winchester - Director


LOADFAST WASTE DISPOSAL LIMITED (REGISTERED NUMBER: 07706417)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

Loadfast Waste Disposal 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.

GOING CONCERN
The company's balance sheet shows a net deficit shareholders fund position. However, the director's have received confirmation from the shareholders of their continued financial support for the foreseeable future and for at least twelve months from the date of signature of these accounts.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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 7 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
Cost
At 1 August 2022
and 31 July 2023 - 23,300 1,424 24,724
Depreciation
At 1 August 2022 (1,796 ) 8,652 975 7,831
Charge for year - 4,111 224 4,335
Eliminated on disposal 1,796 (1,796 ) - -
At 31 July 2023 - 10,967 1,199 12,166
Net book value
At 31 July 2023 - 12,333 225 12,558
At 31 July 2022 1,796 14,648 449 16,893

LOADFAST WASTE DISPOSAL LIMITED (REGISTERED NUMBER: 07706417)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 34,995 33,781
Other debtors 877 -
35,872 33,781

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - (564 )
Tax 3,909 2,053
Social security and other taxes - 1,387
VAT 7,281 3,315
Other creditors 134 221
Net wages control 459 1,823
Directors' current accounts 60,377 56,753
Accruals and deferred income 2,033 1,938
74,193 66,926

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
60 Ordinary £1 60 60
40 Ordinary A £1 40 40
100 100