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REGISTERED NUMBER: 08078759 (England and Wales)















MAM HAULAGE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024






MAM HAULAGE LIMITED (REGISTERED NUMBER: 08078759)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MAM HAULAGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: T McCarthy
I M Meacham





REGISTERED OFFICE: 152 Halesowen Road
Cradley Heath
West Midlands
B64 5LP





REGISTERED NUMBER: 08078759 (England and Wales)





ACCOUNTANTS: Ashtons Accountants
152 Halesowen Road
Cradley Heath
West Midlands
B64 5LP

MAM HAULAGE LIMITED (REGISTERED NUMBER: 08078759)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 401,439 211,206

CURRENT ASSETS
Stocks - 1,845
Debtors 5 5,260 863
Cash at bank and in hand 221,175 154,827
226,435 157,535
CREDITORS
Amounts falling due within one year 6 125,919 82,797
NET CURRENT ASSETS 100,516 74,738
TOTAL ASSETS LESS CURRENT
LIABILITIES

501,955

285,944

CREDITORS
Amounts falling due after more than one
year

7

47,514

21,671
NET ASSETS 454,441 264,273

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 454,341 264,173
SHAREHOLDERS' FUNDS 454,441 264,273

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

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.

MAM HAULAGE LIMITED (REGISTERED NUMBER: 08078759)

BALANCE SHEET - continued
31ST MARCH 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23rd September 2024 and were signed on its behalf by:





T McCarthy - Director


MAM HAULAGE LIMITED (REGISTERED NUMBER: 08078759)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

MAM Haulage Limited is a private company, limited by shares , registered in England and Wales. 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
Sales - Deliveries 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was 8 (2023 - 8 ) .

MAM HAULAGE LIMITED (REGISTERED NUMBER: 08078759)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1st April 2023 27,067 5,673 408,844 441,584
Additions - - 328,955 328,955
At 31st March 2024 27,067 5,673 737,799 770,539
DEPRECIATION
At 1st April 2023 16,471 4,008 209,899 230,378
Charge for year 1,590 250 136,882 138,722
At 31st March 2024 18,061 4,258 346,781 369,100
NET BOOK VALUE
At 31st March 2024 9,006 1,415 391,018 401,439
At 31st March 2023 10,596 1,665 198,945 211,206

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,460 863
Other debtors 800 -
5,260 863

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,996 9,996
Hire purchase contracts 23,862 7,459
Trade creditors 38,723 24,246
Taxation 20,914 5,980
Social security and other taxes 6,905 6,263
VAT 21,636 24,274
Other creditors 1,675 1,370
Directors' current accounts 649 1,519
Accrued expenses 1,559 1,690
125,919 82,797

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 11,671 21,671
Hire purchase contracts 35,843 -
47,514 21,671