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REGISTERED NUMBER: 04738286 (England and Wales)















TSBA HAULAGE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024






TSBA HAULAGE LIMITED (REGISTERED NUMBER: 04738286)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TSBA HAULAGE LIMITED

COMPANY INFORMATION
for the Year Ended 31 MAY 2024







DIRECTORS: B E Richards
A Richards





REGISTERED OFFICE: Unit 15a
Tractor Spares Industrial Estate
Strawberry Lane
Willenhall
West Midlands
WV13 3RN





REGISTERED NUMBER: 04738286 (England and Wales)





ACCOUNTANTS: Wallace Crooke
Chartered Accountants
College House
St. Leonards Close
Bridgnorth
Shropshire
WV16 4EJ

TSBA HAULAGE LIMITED (REGISTERED NUMBER: 04738286)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,764 40,243

CURRENT ASSETS
Debtors 5 23,767 21,837

CREDITORS
Amounts falling due within one year 6 53,775 46,790
NET CURRENT LIABILITIES (30,008 ) (24,953 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,756

15,290

CREDITORS
Amounts falling due after more than one
year

7

2,416

13,952
NET (LIABILITIES)/ASSETS (660 ) 1,338

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (760 ) 1,238
SHAREHOLDERS' FUNDS (660 ) 1,338

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 4 November 2024 and were signed on its behalf by:




A Richards - Director


TSBA HAULAGE LIMITED (REGISTERED NUMBER: 04738286)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MAY 2024

1. STATUTORY INFORMATION

TSBA Haulage 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.

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 - 20% on reducing balance
Motor vehicles - 20% 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

TSBA HAULAGE LIMITED (REGISTERED NUMBER: 04738286)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 June 2023 28,642 42,200 70,842
Additions 1,268 - 1,268
At 31 May 2024 29,910 42,200 72,110
DEPRECIATION
At 1 June 2023 17,286 13,313 30,599
Charge for year 2,525 7,222 9,747
At 31 May 2024 19,811 20,535 40,346
NET BOOK VALUE
At 31 May 2024 10,099 21,665 31,764
At 31 May 2023 11,356 28,887 40,243

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 11,291 29,200 40,491
DEPRECIATION
At 1 June 2023 2,559 5,495 8,054
Charge for year 1,982 5,926 7,908
At 31 May 2024 4,541 11,421 15,962
NET BOOK VALUE
At 31 May 2024 6,750 17,779 24,529
At 31 May 2023 8,732 23,705 32,437

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 20,602 19,426
Other debtors 3,165 2,411
23,767 21,837

TSBA HAULAGE LIMITED (REGISTERED NUMBER: 04738286)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MAY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,917 1,381
Hire purchase contracts 12,595 11,536
Trade creditors 3,272 922
Taxation and social security 3,244 3,710
Other creditors 32,747 29,241
53,775 46,790

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 2,416 13,952

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 June 2023 1,238
Deficit for the year (1,998 )
At 31 May 2024 (760 )

10. ULTIMATE CONTROLLING PARTY

There was no ultimate controlling party of the company during the year.