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Company Registration No. 07500337 (England and Wales)
Bayford Haulage Limited Unaudited accounts for the year ended 31 March 2024
Bayford Haulage Limited Unaudited accounts Contents
Page
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Bayford Haulage Limited Company Information for the year ended 31 March 2024
Director
P S Biddiscombe
Company Number
07500337 (England and Wales)
Registered Office
The Garage North Brewham Bruton Somerset BA10 0JL England
Accountants
Jupiter IX Limited Hillside 22a Beech Avenue Shepton Mallet Somerset BA4 5XW
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Bayford Haulage Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,500 
4,000 
Tangible assets
356,088 
288,969 
359,588 
292,969 
Current assets
Inventories
13,094 
12,480 
Debtors
132,890 
119,738 
Cash at bank and in hand
244,847 
213,751 
390,831 
345,969 
Creditors: amounts falling due within one year
(364,266)
(251,333)
Net current assets
26,565 
94,636 
Total assets less current liabilities
386,153 
387,605 
Provisions for liabilities
Deferred tax
(89,022)
(54,904)
Net assets
297,131 
332,701 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
297,130 
332,700 
Shareholders' funds
297,131 
332,701 
For the year ending 31 March 2024 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 24 July 2024 and were signed on its behalf by
P S Biddiscombe Director Company Registration No. 07500337
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Bayford Haulage Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Bayford Haulage Limited is a private company, limited by shares, registered in England and Wales, registration number 07500337. The registered office is The Garage, North Brewham, Bruton, Somerset, BA10 0JL, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
15%
Motor vehicles
20%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
10,000 
At 31 March 2024
10,000 
Amortisation
At 1 April 2023
6,000 
Charge for the year
500 
At 31 March 2024
6,500 
Net book value
At 31 March 2024
3,500 
At 31 March 2023
4,000 
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Bayford Haulage Limited Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
8,003 
938,884 
946,887 
Additions
- 
143,716 
143,716 
Disposals
- 
(101,670)
(101,670)
At 31 March 2024
8,003 
980,930 
988,933 
Depreciation
At 1 April 2023
5,810 
652,108 
657,918 
Charge for the year
328 
67,345 
67,673 
On disposals
- 
(92,746)
(92,746)
At 31 March 2024
6,138 
626,707 
632,845 
Net book value
At 31 March 2024
1,865 
354,223 
356,088 
At 31 March 2023
2,193 
286,776 
288,969 
6
Inventories
2024 
2023 
£ 
£ 
Raw materials
13,094 
12,480 
13,094 
12,480 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
11,833 
- 
Trade debtors
101,861 
100,626 
Accrued income and prepayments
19,196 
19,112 
132,890 
119,738 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
124 
Trade creditors
258,475 
142,766 
Taxes and social security
- 
21,944 
Loans from directors
103,021 
83,909 
Accruals
2,770 
2,590 
364,266 
251,333 
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Bayford Haulage Limited Notes to the Accounts for the year ended 31 March 2024
9
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
52,991 
54,904 
Tax losses carried forward
36,031 
- 
89,022 
54,904 
2024 
2023 
£ 
£ 
Provision at start of year
54,904 
61,417 
Charged/(credited) to the profit and loss account
34,118 
(6,513)
Provision at end of year
89,022 
54,904 
10
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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