Company Registration No. 10251988 (England and Wales)
JAG Haulage Ltd
Unaudited accounts
for the year ended 30 June 2024
JAG Haulage Ltd
Unaudited accounts
Contents
JAG Haulage Ltd
Company Information
for the year ended 30 June 2024
Company Number
10251988 (England and Wales)
Registered Office
31 MALVERN ROAD
SWINDON
SN2 1AR
UNITED KINGDOM
Accountants
Sipher Accounting & Tax
Regus Gatwick
Churchill Court, 3 Manor Royal
Crawley
RH10 9LU
JAG Haulage Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
361,574
315,366
Cash at bank and in hand
141,943
77,126
Creditors: amounts falling due within one year
(177,235)
(119,321)
Net current assets
10,102
6,856
Total assets less current liabilities
371,676
322,222
Creditors: amounts falling due after more than one year
(370,082)
(361,257)
Provisions for liabilities
Net liabilities
(63,375)
(39,035)
Called up share capital
100
100
Profit and loss account
(63,475)
(39,135)
Shareholders' funds
(63,375)
(39,035)
For the year ending 30 June 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.
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 24 March 2025 and were signed on its behalf by
Prabhjit Singh
Director
Company Registration No. 10251988
JAG Haulage Ltd
Notes to the Accounts
for the year ended 30 June 2024
JAG Haulage Ltd is a private company, limited by shares, registered in England and Wales, registration number 10251988. The registered office is 31 MALVERN ROAD, SWINDON, SN2 1AR, UNITED KINGDOM.
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.
These financial statements for the year ended 30 June 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 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.
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
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2023
593,707
1,467
595,174
Additions
166,733
-
166,733
At 30 June 2024
760,440
1,467
761,907
At 1 July 2023
279,185
623
279,808
Charge for the year
120,314
211
120,525
At 30 June 2024
399,499
834
400,333
At 30 June 2024
360,941
633
361,574
At 30 June 2023
314,522
844
315,366
JAG Haulage Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Other debtors
45,394
30,770
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,562
5,748
Obligations under finance leases and hire purchase contracts
138,744
102,313
Taxes and social security
31,905
10,960
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
275,940
250,202
Other creditors
94,142
106,783
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).