Acorah Software Products - Accounts Production 14.6.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 04813445 Mr Phillip Hudson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04813445 2023-06-30 04813445 2024-06-30 04813445 2023-07-01 2024-06-30 04813445 frs-core:CurrentFinancialInstruments 2024-06-30 04813445 frs-core:Non-currentFinancialInstruments 2024-06-30 04813445 frs-core:BetweenOneFiveYears 2024-06-30 04813445 frs-core:ComputerEquipment 2024-06-30 04813445 frs-core:ComputerEquipment 2023-07-01 2024-06-30 04813445 frs-core:ComputerEquipment 2023-06-30 04813445 frs-core:FurnitureFittings 2024-06-30 04813445 frs-core:FurnitureFittings 2023-07-01 2024-06-30 04813445 frs-core:FurnitureFittings 2023-06-30 04813445 frs-core:MotorVehicles 2024-06-30 04813445 frs-core:MotorVehicles 2023-07-01 2024-06-30 04813445 frs-core:MotorVehicles 2023-06-30 04813445 frs-core:PlantMachinery 2024-06-30 04813445 frs-core:PlantMachinery 2023-07-01 2024-06-30 04813445 frs-core:PlantMachinery 2023-06-30 04813445 frs-core:WithinOneYear 2024-06-30 04813445 frs-core:ShareCapital 2024-06-30 04813445 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 04813445 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04813445 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 04813445 frs-bus:SmallEntities 2023-07-01 2024-06-30 04813445 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 04813445 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 04813445 frs-bus:Director1 2023-07-01 2024-06-30 04813445 frs-countries:EnglandWales 2023-07-01 2024-06-30 04813445 2022-06-30 04813445 2023-06-30 04813445 2022-07-01 2023-06-30 04813445 frs-core:CurrentFinancialInstruments 2023-06-30 04813445 frs-core:Non-currentFinancialInstruments 2023-06-30 04813445 frs-core:BetweenOneFiveYears 2023-06-30 04813445 frs-core:WithinOneYear 2023-06-30 04813445 frs-core:ShareCapital 2023-06-30 04813445 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 04813445
Hudson Haulage Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04813445
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 221,972 212,870
221,972 212,870
CURRENT ASSETS
Debtors 5 56,372 57,386
Cash at bank and in hand 2,582 3
58,954 57,389
Creditors: Amounts Falling Due Within One Year 6 (181,807 ) (123,468 )
NET CURRENT ASSETS (LIABILITIES) (122,853 ) (66,079 )
TOTAL ASSETS LESS CURRENT LIABILITIES 99,119 146,791
Creditors: Amounts Falling Due After More Than One Year 7 (92,990 ) (101,418 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (40,445 ) (40,445 )
NET (LIABILITIES)/ASSETS (34,316 ) 4,928
CAPITAL AND RESERVES
Called up share capital 9 10 10
Profit and Loss Account (34,326 ) 4,918
SHAREHOLDERS' FUNDS (34,316) 4,928
Page 1
Page 2
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Phillip Hudson
Director
06/08/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hudson Haulage Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04813445 . The registered office is The Old Barn, Off Wood Street, Swanley, Kent, BR8 7PA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% WDV
Motor Vehicles 25% WDV
Fixtures & Fittings 15% WDV
Computer Equipment 25% WDV
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
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.
...CONTINUED
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2.5. Taxation - continued
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.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 7)
7 7
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 July 2023 128,346 489,320 5,075 9,672 632,413
Additions 246 61,450 - - 61,696
As at 30 June 2024 128,592 550,770 5,075 9,672 694,109
Depreciation
As at 1 July 2023 81,983 324,978 4,135 8,447 419,543
Provided during the period 6,990 45,158 140 306 52,594
As at 30 June 2024 88,973 370,136 4,275 8,753 472,137
Net Book Value
As at 30 June 2024 39,619 180,634 800 919 221,972
As at 1 July 2023 46,363 164,342 940 1,225 212,870
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 52,372 53,386
Other debtors 4,000 4,000
56,372 57,386
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 45,214 35,796
Trade creditors 27,725 16,421
Bank loans and overdrafts 10,000 23,307
Other taxes and social security 2,616 2,053
VAT 18,543 17,683
Other creditors 356 356
Director's loan account 77,353 27,852
181,807 123,468
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 80,490 78,918
Bank loans 12,500 22,500
92,990 101,418
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 45,214 35,796
Later than one year and not later than five years 80,490 78,918
125,704 114,714
125,704 114,714
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
10. Related Party Transactions
Included in the Other Creditors is an amount owed to the company director Mr Phil Hudson totalling £ (2022 - £27,852), no interest is to be charged.
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