Company Registration No. 12928587 (England and Wales)
HAULAGE ASSOCIATION LTD
Unaudited accounts
for the year ended 31 October 2023
HAULAGE ASSOCIATION LTD
Unaudited accounts
Contents
HAULAGE ASSOCIATION LTD
Company Information
for the year ended 31 October 2023
Company Number
12928587 (England and Wales)
Registered Office
UNIT 4 COMMERCIAL MEWS SOUTH
COMMERCIAL ROAK
EASTBOURNE
BN21 3XF
ENGLAND
HAULAGE ASSOCIATION LTD
Statement of financial position
as at 31 October 2023
Tangible assets
541,906
247,002
Cash at bank and in hand
5,839
2,434
Creditors: amounts falling due within one year
(132,232)
(46,305)
Net current assets
260,877
125,947
Total assets less current liabilities
802,783
372,949
Creditors: amounts falling due after more than one year
(704,838)
(353,622)
Called up share capital
1
1
Profit and loss account
97,944
19,326
Shareholders' funds
97,945
19,327
For the year ending 31 October 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 28 July 2024 and were signed on its behalf by
P Scott
Director
Company Registration No. 12928587
HAULAGE ASSOCIATION LTD
Notes to the Accounts
for the year ended 31 October 2023
HAULAGE ASSOCIATION LTD is a private company, limited by shares, registered in England and Wales, registration number 12928587. The registered office is UNIT 4 COMMERCIAL MEWS SOUTH, COMMERCIAL ROAK, EASTBOURNE, BN21 3XF, 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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
61,393
234,975
12,978
309,346
Additions
379,500
47,913
4,390
431,803
At 31 October 2023
440,893
282,888
17,368
741,149
At 1 November 2022
10,000
47,888
4,456
62,344
Charge for the year
76,000
56,557
4,342
136,899
At 31 October 2023
86,000
104,445
8,798
199,243
At 31 October 2023
354,893
178,443
8,570
541,906
At 31 October 2022
51,393
187,087
8,522
247,002
HAULAGE ASSOCIATION LTD
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
359,653
131,351
Accrued income and prepayments
-
1,300
Amounts falling due after more than one year
Other debtors
27,617
26,867
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
40,572
23,655
Taxes and social security
5,002
14,994
Other creditors
25,800
3,000
Loans from directors
1,039
-
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
672,771
328,222
Other creditors
32,067
25,400
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).