PTP Accounts Production v24.3.2.46 10789044 director 1.6.23 31.5.24 31.5.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh107890442023-05-31107890442024-05-31107890442023-06-012024-05-31107890442022-05-31107890442022-06-012023-05-31107890442023-05-3110789044ns15:EnglandWales2023-06-012024-05-3110789044ns14:PoundSterling2023-06-012024-05-3110789044ns10:Director12023-06-012024-05-3110789044ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3110789044ns10:SmallEntities2023-06-012024-05-3110789044ns10:AuditExemptWithAccountantsReport2023-06-012024-05-3110789044ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3110789044ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3110789044ns10:FullAccounts2023-06-012024-05-311078904412023-06-012024-05-3110789044ns10:CompanySecretary12023-06-012024-05-3110789044ns10:RegisteredOffice2023-06-012024-05-3110789044ns5:CurrentFinancialInstruments2024-05-3110789044ns5:CurrentFinancialInstruments2023-05-3110789044ns5:Non-currentFinancialInstruments2024-05-3110789044ns5:Non-currentFinancialInstruments2023-05-3110789044ns5:ShareCapital2024-05-3110789044ns5:ShareCapital2023-05-3110789044ns5:RetainedEarningsAccumulatedLosses2024-05-3110789044ns5:RetainedEarningsAccumulatedLosses2023-05-3110789044ns5:NetGoodwill2023-06-012024-05-3110789044ns5:MotorVehicles2023-06-012024-05-3110789044ns5:ComputerEquipment2023-06-012024-05-3110789044ns5:NetGoodwill2023-05-3110789044ns5:NetGoodwill2024-05-3110789044ns5:NetGoodwill2023-05-3110789044ns5:MotorVehicles2023-05-3110789044ns5:ComputerEquipment2023-05-3110789044ns5:MotorVehicles2024-05-3110789044ns5:ComputerEquipment2024-05-3110789044ns5:MotorVehicles2023-05-3110789044ns5:ComputerEquipment2023-05-3110789044ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-05-3110789044ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-06-012024-05-3110789044ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-05-3110789044ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-05-3110789044ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3110789044ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-31
REGISTERED NUMBER: 10789044 (England and Wales)















Financial Statements for the Year Ended 31 May 2024

for

G.J. Haulage (North West) Ltd

G.J. Haulage (North West) Ltd (Registered number: 10789044)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


G.J. Haulage (North West) Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: Mr G J Humphreys





SECRETARY: Mrs D Morgan





REGISTERED OFFICE: Hillgate Place
77 Middle Hillgate
Stockport
Cheshire
SK1 3EH





REGISTERED NUMBER: 10789044 (England and Wales)





ACCOUNTANTS: HLP Ltd
Accounting and Tax Solutions
Hillgate Place
77 Middle Hillgate
Stockport
Cheshire
SK1 3EH

G.J. Haulage (North West) Ltd

Report of the Accountants to the Director of
G.J. Haulage (North West) Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of G.J. Haulage (North West) Ltd for the period ended 31 May 2024 which comprises the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of G.J. Haulage (North West) Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of G.J. Haulage (North West) Ltd and state those matters that we have agreed to state to the Board of Directors of G.J. Haulage (North West) Ltd, as a body, and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that G.J. Haulage (North West) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position of profit or loss of G.J. Haulage (North West) Ltd. You consider that G.J. Haulage (North West) Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of G.J. Haulage (North West) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given us and we do not, therefore, express any opinion on the statutory financial statements.






HLP Ltd
Accounting and Tax Solutions
Hillgate Place
77 Middle Hillgate
Stockport
Cheshire
SK1 3EH


19 February 2025

G.J. Haulage (North West) Ltd (Registered number: 10789044)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 34,726 24,628
34,726 24,628

CURRENT ASSETS
Debtors 6 595 595
Cash at bank and in hand 16,091 18,717
16,686 19,312
CREDITORS
Amounts falling due within one year 7 18,426 26,600
NET CURRENT LIABILITIES (1,740 ) (7,288 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,986

17,340

CREDITORS
Amounts falling due after more than one
year

8

20,175

8,485
NET ASSETS 12,811 8,855

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 12,711 8,755
SHAREHOLDERS' FUNDS 12,811 8,855

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 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.

G.J. Haulage (North West) Ltd (Registered number: 10789044)

Balance Sheet - continued
31 May 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 Profit and Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 February 2025 and were signed by:





Mr G J Humphreys - Director


G.J. Haulage (North West) Ltd (Registered number: 10789044)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

G.J. Haulage (North West) Ltd 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.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

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
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of five years.

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.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

G.J. Haulage (North West) Ltd (Registered number: 10789044)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from the suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account and Retained Earnings, 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.

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 1 (2023 - 1 ) .

G.J. Haulage (North West) Ltd (Registered number: 10789044)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 11,000
AMORTISATION
At 1 June 2023
and 31 May 2024 11,000
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 June 2023 47,750 550 48,300
Additions 16,600 - 16,600
At 31 May 2024 64,350 550 64,900
DEPRECIATION
At 1 June 2023 23,122 550 23,672
Charge for year 6,502 - 6,502
At 31 May 2024 29,624 550 30,174
NET BOOK VALUE
At 31 May 2024 34,726 - 34,726
At 31 May 2023 24,628 - 24,628

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 June 2023
and 31 May 2024 26,750
DEPRECIATION
At 1 June 2023 7,105
Charge for year 4,911
At 31 May 2024 12,016
NET BOOK VALUE
At 31 May 2024 14,734
At 31 May 2023 19,645

G.J. Haulage (North West) Ltd (Registered number: 10789044)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 595 595

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 4,530 4,350
Trade creditors 359 712
Taxation and social security 8,466 11,074
Other creditors 5,071 10,464
18,426 26,600

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 3,775 8,485
Other creditors 16,400 -
20,175 8,485

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 8,305 12,835

10. RELATED PARTY DISCLOSURES

Within creditors is an amount owed to the director totalling £20,506 (2023: £9,531). This is an interest free loan repayable upon demand.