Company Registration No. 12164248 (England and Wales)
P & N HAULAGE & HOLDINGS LIMITED
Unaudited accounts
for the year ended 31 August 2023
P & N HAULAGE & HOLDINGS LIMITED
Unaudited accounts
Contents
P & N HAULAGE & HOLDINGS LIMITED
Company Information
for the year ended 31 August 2023
Directors
Peter Langdown
Natalie Toman
Company Number
12164248 (England and Wales)
Registered Office
87A ST. STEPHENS ROAD
CANTERBURY
CT2 7JW
ENGLAND
Accountants
Step Stone Accountancy Limited
240 Reculver Road
Herne Bay
Kent
CT6 6QR
P & N HAULAGE & HOLDINGS LIMITED
Statement of financial position
as at 31 August 2023
Tangible assets
21,817
34,465
Cash at bank and in hand
3,692
1,139
Creditors: amounts falling due within one year
(3,470)
(18,446)
Net current assets/(liabilities)
40,490
(17,307)
Total assets less current liabilities
62,307
17,158
Creditors: amounts falling due after more than one year
(71,369)
(15,930)
Net (liabilities)/assets
(9,062)
1,228
Called up share capital
100
100
Profit and loss account
(9,162)
1,128
Shareholders' funds
(9,062)
1,228
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 31 August 2024 and were signed on its behalf by
Peter Langdown
Director
Company Registration No. 12164248
P & N HAULAGE & HOLDINGS LIMITED
Notes to the Accounts
for the year ended 31 August 2023
P & N HAULAGE & HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12164248. The registered office is 87A ST. STEPHENS ROAD, CANTERBURY, CT2 7JW, 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
between 3 years and 5 years
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
P & N HAULAGE & HOLDINGS LIMITED
Notes to the Accounts
for the year ended 31 August 2023
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2022
13,300
40,684
53,984
At 31 August 2023
13,300
40,884
54,184
At 1 September 2022
7,825
11,694
19,519
Charge for the year
3,443
9,405
12,848
At 31 August 2023
11,268
21,099
32,367
At 31 August 2023
2,032
19,785
21,817
At 31 August 2022
5,475
28,990
34,465
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Other creditors
810
16,946
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
71,369
15,930
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).