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REGISTERED NUMBER: SC755863 (Scotland)











Unaudited Financial Statements

for the Period 18th January 2023 to 31st January 2024

for

Lillie Haulage Limited

Lillie Haulage Limited (Registered number: SC755863)






Contents of the Financial Statements
for the Period 18th January 2023 to 31st January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


Lillie Haulage Limited

Company Information
for the Period 18th January 2023 to 31st January 2024







DIRECTOR: G A Lillie





REGISTERED OFFICE: Birkshawview Cottage
Kirkpatrick Fleming
Lockerbie
United Kingdom
DG11 3NE





REGISTERED NUMBER: SC755863 (Scotland)





ACCOUNTANTS: Farries Kirk & McVean
Dumfries Enterprise Park
Heathhall
Dumfries
DUMFRIESSHIRE
DG1 3SJ

Lillie Haulage Limited (Registered number: SC755863)

Balance Sheet
31st January 2024

Notes £   
FIXED ASSETS
Tangible assets 4 128,995

CURRENT ASSETS
Debtors 5 5,779
Cash at bank and in hand 58,797
64,576
CREDITORS
Amounts falling due within one year 6 (146,454 )
NET CURRENT LIABILITIES (81,878 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,117

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 47,116
47,117

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st January 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9th August 2024 and were signed by:





G A Lillie - Director


Lillie Haulage Limited (Registered number: SC755863)

Notes to the Financial Statements
for the Period 18th January 2023 to 31st January 2024

1. STATUTORY INFORMATION

Lillie Haulage Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Amounts written off each asset over the estimated useful life represent cost less residual value.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

Lillie Haulage Limited (Registered number: SC755863)

Notes to the Financial Statements - continued
for the Period 18th January 2023 to 31st January 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 18th January 2023 38,224
Additions 111,900
At 31st January 2024 150,124
DEPRECIATION
At 18th January 2023 7,688
Charge for period 13,441
At 31st January 2024 21,129
NET BOOK VALUE
At 31st January 2024 128,995
At 17th January 2023 30,536

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 5,779

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts 62,980
Trade creditors 11,898
Other creditors 71,576
146,454