IRIS Accounts Production v24.2.0.383 01396340 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh013963402022-12-31013963402023-12-31013963402023-01-012023-12-31013963402021-12-31013963402022-01-012022-12-31013963402022-12-3101396340ns15:EnglandWales2023-01-012023-12-3101396340ns14:PoundSterling2023-01-012023-12-3101396340ns10:Director12023-01-012023-12-3101396340ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3101396340ns10:SmallEntities2023-01-012023-12-3101396340ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3101396340ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3101396340ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3101396340ns10:AbridgedAccounts2023-01-012023-12-3101396340ns10:OrdinaryShareClass12023-01-012023-12-3101396340ns5:CurrentFinancialInstruments2023-12-3101396340ns5:CurrentFinancialInstruments2022-12-3101396340ns5:ShareCapital2023-12-3101396340ns5:ShareCapital2022-12-3101396340ns5:RetainedEarningsAccumulatedLosses2023-12-3101396340ns5:RetainedEarningsAccumulatedLosses2022-12-3101396340ns10:RegisteredOffice2023-01-012023-12-3101396340ns5:PlantMachinery2023-01-012023-12-3101396340ns5:FurnitureFittings2023-01-012023-12-3101396340ns5:MotorVehicles2023-01-012023-12-3101396340ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 01396340 (England and Wales)











H C DAVIS TRANSPORT (BELTON) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






H C DAVIS TRANSPORT (BELTON) LIMITED (REGISTERED NUMBER: 01396340)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


H C DAVIS TRANSPORT (BELTON) LIMITED (REGISTERED NUMBER: 01396340)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 468,198 531,330

CURRENT ASSETS
Stocks 17,105 30,860
Debtors 945,327 610,111
Prepayments and accrued income 31,894 27,281
Cash at bank 578,884 882,704
1,573,210 1,550,956
CREDITORS
Amounts falling due within one year 100,167 114,676
NET CURRENT ASSETS 1,473,043 1,436,280
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,941,241

1,967,610

PROVISIONS FOR LIABILITIES (117,050 ) (100,953 )

ACCRUALS AND DEFERRED INCOME (7,376 ) (7,235 )
NET ASSETS 1,816,815 1,859,422

CAPITAL AND RESERVES
Called up share capital 5 1,080 1,080
Retained earnings 1,815,735 1,858,342
SHAREHOLDERS' FUNDS 1,816,815 1,859,422

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

H C DAVIS TRANSPORT (BELTON) LIMITED (REGISTERED NUMBER: 01396340)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





C Davis - Director


H C DAVIS TRANSPORT (BELTON) LIMITED (REGISTERED NUMBER: 01396340)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

H C Davis Transport (Belton) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 01396340

Registered office: H C Davis Transport (Belton) Limited
Eismann Way
Corby
Northamptonshire
NN17 5ZB

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 represents amounts (excluding value added tax) derived from the provision of goods and services to customers during the year.

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 - 10% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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

Debtors and creditors
Debtors receivable / creditors payable within one year are measured at transaction price (less any impairment losses on debtors for bad and doubtful debts). Loans and other financial assets / liabilities are initially measured at transaction price and subsequently measured at amortised cost determined using the effective interest method (less any impairment losses on debtors) for bad and doubtful debts.

Any losses arising from impairment are recognised in the profit and loss account.


H C DAVIS TRANSPORT (BELTON) LIMITED (REGISTERED NUMBER: 01396340)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 14 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 1,551,958
Additions 41,746
Disposals (385 )
At 31 December 2023 1,593,319
DEPRECIATION
At 1 January 2023 1,020,628
Charge for year 104,757
Eliminated on disposal (264 )
At 31 December 2023 1,125,121
NET BOOK VALUE
At 31 December 2023 468,198
At 31 December 2022 531,330

H C DAVIS TRANSPORT (BELTON) LIMITED (REGISTERED NUMBER: 01396340)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,080 Ordinary £1.00 1,080 1,080