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REGISTERED NUMBER: 07706417 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

LOADFAST WASTE DISPOSAL LIMITED

LOADFAST WASTE DISPOSAL LIMITED (REGISTERED NUMBER: 07706417)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


LOADFAST WASTE DISPOSAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Mr P R Pfundstein
Mrs K J Winchester





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 07706417 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
The Clerk's House
20 Pine Place
Maidstone
Kent
ME15 6EF

LOADFAST WASTE DISPOSAL LIMITED (REGISTERED NUMBER: 07706417)

STATEMENT OF FINANCIAL POSITION
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,525 12,558

CURRENT ASSETS
Debtors 5 34,888 35,872
Cash at bank 19,454 41,130
54,342 77,002
CREDITORS
Amounts falling due within one year 6 65,242 74,193
NET CURRENT (LIABILITIES)/ASSETS (10,900 ) 2,809
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,625

15,367

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 14,525 15,267
SHAREHOLDERS' FUNDS 14,625 15,367

LOADFAST WASTE DISPOSAL LIMITED (REGISTERED NUMBER: 07706417)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2025 and were signed on its behalf by:





Mrs K J Winchester - Director


LOADFAST WASTE DISPOSAL LIMITED (REGISTERED NUMBER: 07706417)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

Loadfast Waste Disposal 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.

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.

GOING CONCERN
The company's balance sheet shows a net deficit shareholders fund position. However, the director's have received confirmation from the shareholders of their continued financial support for the foreseeable future and for at least twelve months from the date of signature of these accounts.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 7 ) .

LOADFAST WASTE DISPOSAL LIMITED (REGISTERED NUMBER: 07706417)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
Cost
At 1 August 2023 23,300 1,424 24,724
Additions 19,667 2,276 21,943
At 31 July 2024 42,967 3,700 46,667
Depreciation
At 1 August 2023 10,967 1,199 12,166
Charge for year 8,000 976 8,976
At 31 July 2024 18,967 2,175 21,142
Net book value
At 31 July 2024 24,000 1,525 25,525
At 31 July 2023 12,333 225 12,558

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 31,345 34,995
Other debtors 3,543 877
34,888 35,872

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Tax 97 3,909
Social security and other taxes 248 -
VAT 6,187 7,281
Other creditors 134 134
Net wages control 1,357 459
Directors' current accounts 55,824 60,377
Accruals and deferred income 1,395 2,033
65,242 74,193

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
60 Ordinary £1 60 60
40 Ordinary A £1 40 40
100 100