2023-02-01 07539041 2024-01-31 07539041 2023-02-01 2024-01-31 07539041 2023-01-31 07539041 2022-02-01 2023-01-31 07539041 uk-core:WithinOneYear 2023-01-31 07539041 uk-core:WithinOneYear 2024-01-31 07539041 uk-core:AfterOneYear 2023-01-31 07539041 uk-core:AfterOneYear 2024-01-31 07539041 uk-core:ShareCapital 2024-01-31 07539041 uk-core:ShareCapital 2023-01-31 07539041 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 07539041 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 07539041 uk-bus:Director1 2023-02-01 2024-01-31 07539041 uk-core:NetGoodwill 2023-02-01 2024-01-31 07539041 uk-core:PlantMachinery 2023-02-01 2024-01-31 07539041 uk-core:ComputerEquipment 2023-02-01 2024-01-31 07539041 uk-core:MotorVehicles 2023-02-01 2024-01-31 07539041 uk-core:ToolsEquipment 2023-02-01 2024-01-31 07539041 uk-core:Goodwill 2023-01-31 07539041 uk-core:Goodwill 2024-01-31 07539041 uk-core:Goodwill 2023-02-01 2024-01-31 07539041 uk-core:ComputerEquipment 2023-01-31 07539041 uk-core:ToolsEquipment 2023-01-31 07539041 uk-core:MotorVehicles 2023-01-31 07539041 uk-core:MotorVehicles 2024-01-31 07539041 uk-core:ToolsEquipment 2024-01-31 07539041 uk-core:ComputerEquipment 2024-01-31 07539041 uk-core:WithinOneYear 2024-01-31 07539041 uk-core:WithinOneYear 2023-01-31 07539041 uk-core:AfterOneYear uk-core:Secured 2024-01-31 07539041 uk-core:AfterOneYear uk-core:Secured 2023-01-31 07539041 2 uk-bus:Director1 2023-02-01 2024-01-31 07539041 2 uk-bus:Director1 2024-01-31 07539041 2 uk-bus:Director1 2023-01-31 iso4217:GBP xbrli:pure 07539041 uk-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 07539041 uk-bus:FRS102 2023-02-01 2024-01-31 07539041 uk-bus:FilletedAccounts 2023-02-01 2024-01-31 07539041 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31
J P Bulk Haulage Ltd
Registered Number:07539041
For the year ended 31 January 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2024
J P Bulk Haulage Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
07539041
As at 31 January 2024
J P Bulk Haulage Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
4,240
4,770
2
Property, plant and equipment
41,420
6,829
3
45,660
11,599
Current assets
Trade and other receivables
4,098
4,217
4
16,209
Cash and cash equivalents
18,897
23,114
20,307
Trade and other payables: amounts falling due within one
year
(17,121)
(22,967)
5
3,186
147
Net current assets
Total assets less current liabilities
45,807
14,785
Trade and other payables: amounts falling due after more
than one year
(12,474)
(25,925)
6
(7,869)
(1,298)
Provisions for liabilities
12,013
Net assets
1,013
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
11,013
13
12,013
1,013
Shareholders' funds
For the year ended 31 January 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 of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
07539041
For the year ended 31 January 2024
J P Bulk Haulage Ltd
Statement of Financial Position Continued
Mrs H Parry Director
These financial statements were approved and authorised for issue by the Board on 21 October 2024 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 January 2024
J P Bulk Haulage Ltd
Notes to the Financial Statements
Statutory Information
J P Bulk Haulage Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07539041.
Registered address:
1 The Hedgerows
Hawarden
Flintshire
CH5 3LY
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of 20 years.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Trailers
10% Straight line
20% Straight line
Computer equipment
20% Straight line
Motor vehicles
10% Straight line
Tools & equipment
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.
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6
For the year ended 31 January 2024
J P Bulk Haulage Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 February 2023
10,600
At 31 January 2024
10,600
Amortisation
At 01 February 2023
5,830
530
Charge for year
At 31 January 2024
6,360
Net book value
At 31 January 2024
4,240
At 31 January 2023
4,770
3. Property, plant and equipment
Total
Computer
equipment
Tools &
equipment
Motor vehicles
£
£
£
£
Cost or
valuation
At 01 February 2023
10,120
250
1,870
8,000
40,810
-
810
40,000
Additions
At 31 January 2024
48,000
2,680
250
50,930
Provision for depreciation and impairment
At 01 February 2023
3,291
50
1,241
2,000
Charge for year
6,219
50
169
6,000
At 31 January 2024
9,510
100
1,410
8,000
At 31 January 2024
Net book value
40,000
1,270
150
41,420
At 31 January 2023
6,000
629
200
6,829
4. Trade and other receivables
2023
2024
£
£
Prepayments and accrued income
4,217
-
Amounts owed by directors
-
4,098
4,098
4,217
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7
For the year ended 31 January 2024
J P Bulk Haulage Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
8,923
5,645
Trade creditors
1,606
2,698
Taxation and social security
4,919
7,563
Obligations under HP/Financial leases
6,751
-
Other creditors
768
1,215
22,967
17,121
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
7,405
12,474
-
39
Directors' loan accounts
-
18,481
Obligations under HP/Financial leases
25,925
12,474
7. Directors advances and guarantees
At 01/02/2023
At 31/01/2024
£
£
Mrs H Parry
Directors Loan
-
4,098
-
4,098
8. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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