1 June 2023 false No description of principal activity Taxfiler 2024.6 13396924business:PrivateLimitedCompanyLtd2023-06-012024-05-31 133969242023-05-31 133969242023-06-012024-05-31 13396924business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 13396924business:AbridgedAccounts2023-06-012024-05-31 133969242024-05-31 13396924business:Director12023-06-012024-05-31 133969242023-05-31 13396924core:WithinOneYear2024-05-31 13396924core:WithinOneYear2023-05-31 13396924core:AfterOneYear2024-05-31 13396924core:AfterOneYear2023-05-31 13396924core:SharePremiumcore:PreviouslyStatedAmount2024-05-31 13396924core:SharePremiumcore:PreviouslyStatedAmount2023-05-31 13396924core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 13396924core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 13396924core:PreviouslyStatedAmount2024-05-31 13396924core:PreviouslyStatedAmount2023-05-31 13396924business:SmallEntities2023-06-012024-05-31 13396924countries:EnglandWales2023-06-012024-05-31 133969242022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 13396924 (England and Wales)
Cornwall And Sons Haulage And Logistics Limited Unaudited accounts for the year ended 31 May 2024
Cornwall And Sons Haulage And Logistics Limited Unaudited accounts Contents
Page
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Cornwall And Sons Haulage And Logistics Limited Company Information for the year ended 31 May 2024
Director
Aaron Marhshall James Cornwall
Company Number
13396924 (England and Wales)
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Cornwall And Sons Haulage And Logistics Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
619,978 
656,348 
Current assets
Inventories
45,000 
43,431 
Debtors
283,521 
359,313 
Cash at bank and in hand
(16,554)
19,312 
311,967 
422,056 
Creditors: amounts falling due within one year
(536,184)
(604,785)
Net current liabilities
(224,217)
(182,729)
Total assets less current liabilities
395,761 
473,619 
Creditors: amounts falling due after more than one year
(339,386)
(484,155)
Provisions for liabilities
Deferred tax
(118,536)
(118,536)
Net liabilities
(62,161)
(129,072)
Capital and reserves
Share premium
100 
100 
Profit and loss account
(62,261)
(129,172)
Shareholders' funds
(62,161)
(129,072)
For the year ending 31 May 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 12 February 2025 and were signed on its behalf by
Aaron Marhshall James Cornwall Director Company Registration No. 13396924
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Cornwall And Sons Haulage And Logistics Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Cornwall And Sons Haulage And Logistics Limited is a private company, limited by shares, registered in England and Wales, registration number 13396924.
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.
3
Accounting policies
These financial statements for the year ended 31 May 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 June 2023
714,539 
Additions
5,834 
Disposals
(10,499)
At 31 May 2024
709,874 
Depreciation
At 1 June 2023
58,191 
Charge for the year
31,705 
At 31 May 2024
89,896 
Net book value
At 31 May 2024
619,978 
At 31 May 2023
656,348 
5
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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