Company Registration No. 12277266 (England and Wales)
PAUL GOUGH TRANSPORT LTD
Unaudited accounts
for the year ended 31 December 2024
PAUL GOUGH TRANSPORT LTD
Unaudited accounts
Contents
PAUL GOUGH TRANSPORT LTD
Company Information
for the year ended 31 December 2024
Directors
Paul Gough
Sarah Hutt
Company Number
12277266 (England and Wales)
Registered Office
105 MARLBOROUGH GARDENS
FARINGDON
SN7 7DF
ENGLAND
Accountants
Swash & Co
Boston House
Grove Business Park
Wantage
Oxfordshire
OX12 9FF
PAUL GOUGH TRANSPORT LTD
Statement of financial position
as at 31 December 2024
Tangible assets
80,925
93,375
Cash at bank and in hand
10,053
2,007
Creditors: amounts falling due within one year
(36,922)
(7,464)
Net current (liabilities)/assets
(7,667)
11,315
Total assets less current liabilities
73,258
104,690
Creditors: amounts falling due after more than one year
(67,794)
(103,840)
Called up share capital
1
1
Profit and loss account
5,463
849
Shareholders' funds
5,464
850
For the year ending 31 December 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 January 2025 and were signed on its behalf by
Paul Gough
Director
Company Registration No. 12277266
PAUL GOUGH TRANSPORT LTD
Notes to the Accounts
for the year ended 31 December 2024
PAUL GOUGH TRANSPORT LTD is a private company, limited by shares, registered in England and Wales, registration number 12277266. The registered office is 105 MARLBOROUGH GARDENS, FARINGDON, SN7 7DF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
At 31 December 2024
124,500
Charge for the year
12,450
At 31 December 2024
43,575
At 31 December 2024
80,925
At 31 December 2023
93,375
Amounts falling due within one year
Accrued income and prepayments
19,202
16,772
PAUL GOUGH TRANSPORT LTD
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
22,598
25,960
Taxes and social security
7,413
(9,089)
Loans from directors
235
4,067
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
67,794
103,840
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).