MAGILTON HAULAGE LIMITED

Company Registration Number:
SC498970 (Scotland)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

MAGILTON HAULAGE LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

MAGILTON HAULAGE LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 139,468 169,500
Total fixed assets: 139,468 169,500
Current assets
Debtors:   76,362 72,180
Cash at bank and in hand: 31,340 47,043
Total current assets: 107,702 119,223
Creditors: amounts falling due within one year:   (233,075) (230,575)
Net current assets (liabilities): (125,373) (111,352)
Total assets less current liabilities: 14,095 58,148
Creditors: amounts falling due after more than one year:   (14,590) (57,747)
Total net assets (liabilities): (495) 401
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (595) 301
Shareholders funds: (495) 401

The notes form part of these financial statements

MAGILTON HAULAGE LIMITED

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 September 2024
and signed on behalf of the board by:

Name: Mr Andrew Magilton
Status: Director

The notes form part of these financial statements

MAGILTON HAULAGE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MAGILTON HAULAGE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 6 6

MAGILTON HAULAGE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 445,458
At 28 February 2024 445,458
Depreciation
At 01 March 2023 275,958
Charge for year 30,032
At 28 February 2024 305,990
Net book value
At 28 February 2024 139,468
At 28 February 2023 169,500