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REGISTERED NUMBER: 01640205 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

I H Jordan (Transport) Limited

I H Jordan (Transport) Limited (Registered number: 01640205)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


I H Jordan (Transport) Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: JAB Greig





REGISTERED OFFICE: Ground Floor
Rear Barn
The Brookdale Centre
Knutsford
Cheshire
WA16 0SR





REGISTERED NUMBER: 01640205 (England and Wales)






I H Jordan (Transport) Limited (Registered number: 01640205)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 150,000 150,000
Tangible assets 5 506,603 620,092
656,603 770,092

CURRENT ASSETS
Debtors 6 1,035,533 713,007
Cash at bank 40,239 133,885
1,075,772 846,892
CREDITORS
Amounts falling due within one year 7 1,230,401 803,802
NET CURRENT (LIABILITIES)/ASSETS (154,629 ) 43,090
TOTAL ASSETS LESS CURRENT
LIABILITIES

501,974

813,182

CREDITORS
Amounts falling due after more than one
year

8

(357,190

)

(472,640

)

PROVISIONS FOR LIABILITIES (32,312 ) (77,210 )
NET ASSETS 112,472 263,332

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 111,472 262,332
112,472 263,332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

I H Jordan (Transport) Limited (Registered number: 01640205)

Balance Sheet - continued
30 September 2024


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 November 2024 and were signed by:





JAB Greig - Director


I H Jordan (Transport) Limited (Registered number: 01640205)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

I H Jordan (Transport) 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.

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.

Goodwill
The director doesn't consider there to be any impairment of goodwill.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on reducing balance, 20% on reducing balance and 15% 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.

I H Jordan (Transport) Limited (Registered number: 01640205)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 October 2023
and 30 September 2024 150,000
NET BOOK VALUE
At 30 September 2024 150,000
At 30 September 2023 150,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 October 2023 704,361
Additions 6,060
Disposals (24,000 )
At 30 September 2024 686,421
DEPRECIATION
At 1 October 2023 84,269
Charge for year 101,024
Eliminated on disposal (5,475 )
At 30 September 2024 179,818
NET BOOK VALUE
At 30 September 2024 506,603
At 30 September 2023 620,092

I H Jordan (Transport) Limited (Registered number: 01640205)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£
COST
At 1 October 2023 649,606
Disposals (24,000 )
At 30 September 2024 625,606
DEPRECIATION
At 1 October 2023 55,502
Charge for year 93,041
Eliminated on disposal (5,475 )
At 30 September 2024 143,068
NET BOOK VALUE
At 30 September 2024 482,538
At 30 September 2023 594,104

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£ £
Trade debtors 799,689 594,510
Other debtors 235,844 118,497
1,035,533 713,007

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£ £
Bank loans and overdrafts 8,311 9,973
Hire purchase contracts 95,093 87,416
Trade creditors 417,379 407,958
Taxation and social security 61,749 66,552
Other creditors 647,869 231,903
1,230,401 803,802

I H Jordan (Transport) Limited (Registered number: 01640205)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£ £
Bank loans 16,835 21,595
Hire purchase contracts 340,355 451,045
357,190 472,640

9. SECURED DEBTS

Borrowings are secured by a charge over company assets.

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£ £
JAB Greig
Balance outstanding at start of year 1,133 -
Amounts advanced - 51,791
Amounts repaid (1,133 ) (50,658 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 1,133

11. ULTIMATE CONTROLLING PARTY

The controlling party is JAB Greig.