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REGISTERED NUMBER: 01912202 (England and Wales)















ARCHER TRANSPORT (WEST MIDLANDS) LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2024






ARCHER TRANSPORT (WEST MIDLANDS) LIMITED (REGISTERED NUMBER: 01912202)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ARCHER TRANSPORT (WEST MIDLANDS) LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTOR: P A Archer Sr





REGISTERED OFFICE: Allen End Garage London Road
Middleton
Tamworth
West Midlands
B78 2BP





REGISTERED NUMBER: 01912202 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

ARCHER TRANSPORT (WEST MIDLANDS) LIMITED (REGISTERED NUMBER: 01912202)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,262,846 1,403,687

CURRENT ASSETS
Cash at bank 11,968 52,050

CREDITORS
Amounts falling due within one year 5 67,199 59,769
NET CURRENT LIABILITIES (55,231 ) (7,719 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,207,615

1,395,968

PROVISIONS FOR LIABILITIES 9,970 21,937
NET ASSETS 1,197,645 1,374,031

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 1,197,445 1,373,831
1,197,645 1,374,031

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 July 2024 and were signed by:





P A Archer Sr - Director


ARCHER TRANSPORT (WEST MIDLANDS) LIMITED (REGISTERED NUMBER: 01912202)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Archer Transport (West Midlands) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 - 20% on reducing balance
Motor vehicles - 25% on reducing balance

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 NIL (2023 - NIL).

ARCHER TRANSPORT (WEST MIDLANDS) LIMITED (REGISTERED NUMBER: 01912202)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 799,419 1,063,528 2,778,161 4,641,108
DEPRECIATION
At 1 April 2023 - 858,998 2,378,423 3,237,421
Charge for year - 40,906 99,935 140,841
At 31 March 2024 - 899,904 2,478,358 3,378,262
NET BOOK VALUE
At 31 March 2024 799,419 163,624 299,803 1,262,846
At 31 March 2023 799,419 204,530 399,738 1,403,687

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 66,449 58,269
Other creditors 750 1,500
67,199 59,769

6. RELATED PARTY DISCLOSURES

Paul Archer Transport Limited and Haulmaster's Limited are related parties by virtue of the common control of the shareholders.

During the financial year, an intercompany loan due from the company's related party Paul Archer Transport Limited was written-off which resulted in an exceptional item of £277,600.

During the financial year, an intercompany loan due from the company's related party Haulmaster's Limited was written-off which resulted in an exceptional item of £29,800.