REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 31 March 2023 to 30 June 2024 |
for |
Cross Heights Truck Parts Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 31 March 2023 to 30 June 2024 |
for |
Cross Heights Truck Parts Limited |
Cross Heights Truck Parts Limited (Registered number: 00345364) |
Contents of the Financial Statements |
for the Period 31 March 2023 to 30 June 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Cross Heights Truck Parts Limited |
Company Information |
for the Period 31 March 2023 to 30 June 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
16-18 Station Road |
Chapeltown |
Sheffield |
South Yorkshire |
S35 2XH |
Cross Heights Truck Parts Limited (Registered number: 00345364) |
Balance Sheet |
30 June 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | 10 | ( |
) | ( |
) |
NET ASSETS |
Cross Heights Truck Parts Limited (Registered number: 00345364) |
Balance Sheet - continued |
30 June 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Cross Heights Truck Parts Limited (Registered number: 00345364) |
Notes to the Financial Statements |
for the Period 31 March 2023 to 30 June 2024 |
1. | STATUTORY INFORMATION |
Cross Heights Truck Parts Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Goodwill |
Tangible fixed assets |
Freehold property | - |
Plant and machinery | - |
Motor vehicles | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
Cross Heights Truck Parts Limited (Registered number: 00345364) |
Notes to the Financial Statements - continued |
for the Period 31 March 2023 to 30 June 2024 |
2. | ACCOUNTING POLICIES - continued |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 31 March 2023 |
and 30 June 2024 |
AMORTISATION |
At 31 March 2023 |
and 30 June 2024 |
NET BOOK VALUE |
At 30 June 2024 |
At 30 March 2023 |
Cross Heights Truck Parts Limited (Registered number: 00345364) |
Notes to the Financial Statements - continued |
for the Period 31 March 2023 to 30 June 2024 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 31 March 2023 |
Additions |
Disposals | ( |
) | ( |
) |
Reclassification/transfer | ( |
) | ( |
) |
At 30 June 2024 |
DEPRECIATION |
At 31 March 2023 |
Charge for period |
Eliminated on disposal | ( |
) | ( |
) |
At 30 June 2024 |
NET BOOK VALUE |
At 30 June 2024 |
At 30 March 2023 |
Included in cost of land and buildings is freehold land of £ 26,550 (2023 - £ 26,550 ) which is not depreciated. |
Cross Heights Truck Parts Limited (Registered number: 00345364) |
Notes to the Financial Statements - continued |
for the Period 31 March 2023 to 30 June 2024 |
5. | TANGIBLE FIXED ASSETS - continued |
Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
Plant and |
machinery |
etc |
£ |
COST |
At 31 March 2023 |
Additions |
Reclassification/transfer | (29,659 | ) |
At 30 June 2024 |
DEPRECIATION |
At 31 March 2023 |
Charge for period |
Reclassification/transfer | ( |
) |
At 30 June 2024 |
NET BOOK VALUE |
At 30 June 2024 |
At 30 March 2023 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts |
Hire purchase contracts |
Trade creditors |
Taxation and social security |
Other creditors |
Cross Heights Truck Parts Limited (Registered number: 00345364) |
Notes to the Financial Statements - continued |
for the Period 31 March 2023 to 30 June 2024 |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans |
Hire purchase contracts |
9. | SECURED DEBTS |
The following secured debts are included within creditors: |
2024 | 2023 |
£ | £ |
Bank loans |
10. | PROVISIONS FOR LIABILITIES |
2024 | 2023 |
£ | £ |
Deferred tax | 37,170 | 14,480 |
Deferred |
tax |
£ |
Balance at 31 March 2023 |
Charge for the year | 22,690 |
Balance at 30 June 2024 |
11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the period ended 30 June 2024 and the year ended 30 March 2023: |
2024 | 2023 |
£ | £ |
Balance outstanding at start of period |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |
Cross Heights Truck Parts Limited (Registered number: 00345364) |
Notes to the Financial Statements - continued |
for the Period 31 March 2023 to 30 June 2024 |
11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued |
Balance outstanding at start of period |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |