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REGISTERED NUMBER: 07826014 (England and Wales)















West Coast Haulage (EU) Limited

Unaudited Financial Statements

for the Year Ended 29 February 2024






West Coast Haulage (EU) Limited (Registered number: 07826014)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


West Coast Haulage (EU) Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: D M Sexton





SECRETARY: A Henderson





REGISTERED OFFICE: Highdale House
7 Centre Court
Main Avenue Treforest Ind Estate
Pontypridd
CF37 5YR





REGISTERED NUMBER: 07826014 (England and Wales)





ACCOUNTANTS: O'Brien and Partners
Accountants & Business Advisors
Highdale House
7 Centre Court
Treforest Industrial Estate
Pontypridd
Rhondda Cynon Taff
CF37 5YR

West Coast Haulage (EU) Limited (Registered number: 07826014)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 502,500 502,500

CURRENT ASSETS
Debtors 5 3,890,032 3,670,016
Cash at bank and in hand 6,132 9,894
3,896,164 3,679,910
CREDITORS
Amounts falling due within one year 6 84,426 86,462
NET CURRENT ASSETS 3,811,738 3,593,448
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,314,238

4,095,948

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 4,314,236 4,095,946
SHAREHOLDERS' FUNDS 4,314,238 4,095,948

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

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 29 November 2024 and were signed by:





D M Sexton - Director


West Coast Haulage (EU) Limited (Registered number: 07826014)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

West Coast Haulage (EU) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about West Coast Haulage (EU) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for services rendered, net of returns, discounts and rebates allowed by the company and value added taxes.

Turnover includes revenue earned from rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.

Investments in subsidiaries
Investments in subsidiary undertakings are stated at cost less amounts written off or provided to reflect any impairment in value.

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.

Taxation
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

West Coast Haulage (EU) Limited (Registered number: 07826014)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2023
and 29 February 2024 502,500
NET BOOK VALUE
At 29 February 2024 502,500
At 28 February 2023 502,500

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Amounts owed by group undertakings 3,389,013 3,139,013
Other debtors 501,019 531,003
3,890,032 3,670,016

Amounts owed to group undertakings are unsecured, interest free, have no fixed date of repayment and are repayable on demand.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Taxation and social security 80,425 82,462
Other creditors 4,001 4,000
84,426 86,462

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

29.2.24 28.2.23
£    £   
D M Sexton
Balance outstanding at start of year 131,005 40,976
Amounts advanced 100,015 90,029
Amounts repaid (130,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 101,020 131,005

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.