2023-03-01 2024-02-28 false Capium Accounts Production 1.1 05011427 bus:FullAccounts 2023-03-01 2024-02-28 05011427 bus:FRS102 2023-03-01 2024-02-28 05011427 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-28 05011427 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 05011427 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 05011427 2023-03-01 2024-02-28 05011427 2024-02-28 05011427 bus:RegisteredOffice 2023-03-01 2024-02-28 05011427 core:WithinOneYear 2024-02-28 05011427 core:AfterOneYear 2024-02-28 05011427 bus:Director1 2023-03-01 2024-02-28 05011427 bus:Director1 2024-02-28 05011427 bus:Director1 2022-03-01 2023-02-28 05011427 bus:Director2 2023-03-01 2024-02-28 05011427 bus:Director2 2024-02-28 05011427 bus:Director2 2022-03-01 2023-02-28 05011427 2022-03-01 05011427 bus:LeadAgentIfApplicable 2023-03-01 2024-02-28 05011427 2022-03-01 2023-02-28 05011427 2023-02-28 05011427 core:WithinOneYear 2023-02-28 05011427 core:AfterOneYear 2023-02-28 05011427 bus:EntityAccountantsOrAuditors 2022-03-01 2023-02-28 05011427 bus:OrdinaryShareClass1 2023-03-01 2024-02-28 05011427 bus:OrdinaryShareClass1 2024-02-28 05011427 bus:OrdinaryShareClass1 2022-03-01 2023-02-28 05011427 bus:OrdinaryShareClass1 2023-02-28 05011427 core:MotorCars 2023-03-01 2024-02-28 05011427 core:MotorCars 2024-02-28 05011427 core:MotorCars 2023-02-28 05011427 core:ComputerEquipment 2023-03-01 2024-02-28 05011427 core:ComputerEquipment 2024-02-28 05011427 core:ComputerEquipment 2023-02-28 05011427 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-02-28 05011427 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-02-28 05011427 core:CostValuation core:Non-currentFinancialInstruments 2024-02-28 05011427 core:CostValuation core:Non-currentFinancialInstruments 2023-02-28 05011427 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-02-28 05011427 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-02-28 05011427 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-02-28 05011427 core:Non-currentFinancialInstruments 2024-02-28 05011427 core:Non-currentFinancialInstruments 2023-02-28 05011427 core:ShareCapital 2024-02-28 05011427 core:ShareCapital 2023-02-28 05011427 core:RetainedEarningsAccumulatedLosses 2024-02-28 05011427 core:RetainedEarningsAccumulatedLosses 2023-02-28 05011427 dpl:Item1 2023-03-01 05011427 dpl:Item1 2024-02-28 05011427 dpl:Item1 2022-03-01 05011427 dpl:Item1 2023-02-28 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 05011427
England and Wales

 

 

 

ALAN GLENDINNING HAULAGE LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 March 2023

End date: 28 February 2024
Directors Deborah Glendinning
Kenneth Alan Glendinning
Registered Number 05011427
Registered Office Site Office Bulmans Yard
Penrith Industrial Estate
Penrith
Cumbria
CA11 9EU
Accountants Shaun Brown Accountants Ltd
14A Hartness Road
Gilwilly Industrial Estate
Penrith
Cumbria
CA11 9BD
1
Accountant’s report
You consider that the company is exempt from an audit for the year ended 28 February 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Shaun Brown Accountants Ltd
28 February 2024



....................................................
Shaun Brown Accountants Ltd
14A Hartness Road
Gilwilly Industrial Estate
Penrith
Cumbria
CA11 9BD
19 November 2024
2
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 1,130,631    1,292,543 
Investments 4 98,000    146,000 
1,228,631    1,438,543 
Current assets      
Stocks 5 45,600   
Debtors 6 512,964    444,463 
Cash at bank and in hand 15,072    37,999 
573,636    482,462 
Creditors: amount falling due within one year 7 (1,323,825)   (1,359,833)
Net current assets (750,189)   (877,371)
 
Total assets less current liabilities 478,442    561,172 
Creditors: amount falling due after more than one year 8 (447,722)   (428,999)
Net assets 30,720    132,173 
 

Capital and reserves
     
Called up share capital 9 200    200 
Profit and loss account 30,520    131,973 
Shareholders' funds 30,720    132,173 
 


For the year ended 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 19 November 2024 and were signed on its behalf by:


-------------------------------
Kenneth Alan Glendinning
Director
3
General Information
Alan Glendinning Haulage Ltd is a private company, limited by shares, registered in England and Wales, registration number 05011427, registration address Site Office Bulmans Yard, Penrith Industrial Estate, Penrith, Cumbria, CA11 9EU.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Group accounts
The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Finance lease and hire purchase charges
The finance element of the rental payment is charged to the income statement on a straight line basis.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
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:
Motor Vehicles 20% Reducing Balance
Computer Equipment 15% Reducing Balance
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Stocks
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.
2.

Average number of employees

Average number of employees during the year was 13 (2023 : 14).
3.

Tangible fixed assets

Cost or valuation Motor Vehicles   Computer Equipment   Total
  £   £   £
At 01 March 2023 1,886,537    97,464    1,984,001 
Additions 299,250    2,474    301,724 
Disposals (472,793)     (472,793)
At 28 February 2024 1,712,994    99,938    1,812,932 
Depreciation
At 01 March 2023 620,948    70,510    691,458 
Charge for year 257,702    4,414    262,116 
On disposals (271,273)     (271,273)
At 28 February 2024 607,377    74,924    682,301 
Net book values
Closing balance as at 28 February 2024 1,105,617    25,014    1,130,631 
Opening balance as at 01 March 2023 1,265,589    26,954    1,292,543 


4.

Investments

Cost Investments in group undertakings   Total
  £   £
At 01 March 2023 146,000    146,000 
Additions  
Transfer to/from tangible fixed assets  
Disposals  
Revaluations (48,000)   (48,000)
At 28 February 2024 98,000    98,000 

5.

Stocks

2024
£
  2023
£
Work in Progress 45,600   
45,600   

6.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors 421,926    404,424 
Other Debtors 91,038    40,039 
512,964    444,463 

7.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 574,851    775,296 
Bank Loans & Overdrafts 12,696    11,975 
Taxation and Social Security 18,132    21,488 
Obligations under HP/Financial Leases 365,904    213,941 
Other Creditors 352,242    337,133 
1,323,825    1,359,833 

8.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Bank Loans & Overdrafts 9,804    20,641 
Obligations under HP/Financial Leases 437,918    408,358 
447,722    428,999 

9.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
200 Class A shares of £1.00 each 200    200 
200    200 

10.

Related parties

During the year the company entered into the following transactions with related parties:
Transaction value - income/(expenses) Balance owed by/(owed to)
2024
£
 2023
£
 2024
£
 2023
£
Brewers Road Haulage Ltd350,000 75,000 87,763 

The Company invoiced Brewers Road Haulage Ltd £350,000 during the year for Management Services ( £75,000 - 2023 )
11.

Directors advances, credits and guarantees

Included within Other Debtors falling due in one year is £50,965 ( 2023 - £37,239 ) being the amount owed by the Director. Net amounts advanced during the year were £13,726. These amounts was repaid within nine months after the year end. Interest at the official rate has been charged on these balances.   
4