Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 09448155 K P Scanlan C R Scanlan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09448155 2023-02-28 09448155 2024-02-29 09448155 2023-03-01 2024-02-29 09448155 frs-core:CurrentFinancialInstruments 2024-02-29 09448155 frs-core:Non-currentFinancialInstruments 2024-02-29 09448155 frs-core:BetweenOneFiveYears 2024-02-29 09448155 frs-core:MotorVehicles 2024-02-29 09448155 frs-core:MotorVehicles 2023-03-01 2024-02-29 09448155 frs-core:MotorVehicles 2023-02-28 09448155 frs-core:PlantMachinery 2024-02-29 09448155 frs-core:PlantMachinery 2023-03-01 2024-02-29 09448155 frs-core:PlantMachinery 2023-02-28 09448155 frs-core:WithinOneYear 2024-02-29 09448155 frs-core:ShareCapital 2024-02-29 09448155 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 09448155 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 09448155 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 09448155 frs-bus:SmallEntities 2023-03-01 2024-02-29 09448155 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 09448155 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 09448155 frs-bus:Director1 2023-03-01 2024-02-29 09448155 frs-bus:Director2 2023-03-01 2024-02-29 09448155 frs-countries:EnglandWales 2023-03-01 2024-02-29 09448155 2022-02-28 09448155 2023-02-28 09448155 2022-03-01 2023-02-28 09448155 frs-core:CurrentFinancialInstruments 2023-02-28 09448155 frs-core:Non-currentFinancialInstruments 2023-02-28 09448155 frs-core:BetweenOneFiveYears 2023-02-28 09448155 frs-core:WithinOneYear 2023-02-28 09448155 frs-core:ShareCapital 2023-02-28 09448155 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 09448155
Scanlan's Light Haulage Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Shaw Austin
Chartered Accountants
45 City Road
Chester
CH1 3AE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09448155
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 419,494 435,642
419,494 435,642
CURRENT ASSETS
Debtors 5 236,334 205,799
Cash at bank and in hand 708,594 570,979
944,928 776,778
Creditors: Amounts Falling Due Within One Year 6 (293,271 ) (333,026 )
NET CURRENT ASSETS (LIABILITIES) 651,657 443,752
TOTAL ASSETS LESS CURRENT LIABILITIES 1,071,151 879,394
Creditors: Amounts Falling Due After More Than One Year 7 (56,332 ) (97,008 )
NET ASSETS 1,014,819 782,386
CAPITAL AND RESERVES
Called up share capital 9 10 10
Profit and Loss Account 1,014,809 782,376
SHAREHOLDERS' FUNDS 1,014,819 782,386
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For the year ending 29 February 2024 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
K P Scanlan
Director
C R Scanlan
Director
22 October 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Scanlan's Light Haulage Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09448155 . The registered office is 45 City Road, Chester, CH1 3AE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The presentational currency is £ Sterling and all amounts are rounded to the nearest £.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33% on cost
Motor Vehicles 25% on net book value
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax for the year is recognised in profit or loss, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
2.6. Pensions
The company makes contributions into employees' defined pension contribution schemes. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 39 (2023: 34)
39 34
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 March 2023 6,395 853,226 859,621
Additions 666 123,550 124,216
As at 29 February 2024 7,061 976,776 983,837
Depreciation
As at 1 March 2023 5,659 418,320 423,979
Provided during the period 750 139,614 140,364
As at 29 February 2024 6,409 557,934 564,343
Net Book Value
As at 29 February 2024 652 418,842 419,494
As at 1 March 2023 736 434,906 435,642
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 134,760 150,349
Other debtors 101,574 55,450
236,334 205,799
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 40,676 39,275
Trade creditors 26,125 24,056
Other creditors 4,304 90,962
Taxation and social security 222,166 178,733
293,271 333,026
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 56,332 97,008
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 40,676 39,275
Later than one year and not later than five years 56,332 97,008
97,008 136,283
97,008 136,283
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
10. Related Party Transactions
The directors have made an interest free loan available to the company of £445 (2023 - £86,659) which is repayable on demand.
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