IRIS Accounts Production v25.1.3.33 02640505 director 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh026405052023-09-30026405052024-09-30026405052023-10-012024-09-30026405052022-09-30026405052022-10-012023-09-30026405052023-09-3002640505ns15:EnglandWales2023-10-012024-09-3002640505ns14:PoundSterling2023-10-012024-09-3002640505ns10:Director12023-10-012024-09-3002640505ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3002640505ns10:SmallEntities2023-10-012024-09-3002640505ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3002640505ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3002640505ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3002640505ns10:FullAccounts2023-10-012024-09-3002640505ns10:RegisteredOffice2023-10-012024-09-3002640505ns5:CurrentFinancialInstruments2024-09-3002640505ns5:CurrentFinancialInstruments2023-09-3002640505ns5:Non-currentFinancialInstruments2024-09-3002640505ns5:Non-currentFinancialInstruments2023-09-3002640505ns5:ShareCapital2024-09-3002640505ns5:ShareCapital2023-09-3002640505ns5:CapitalRedemptionReserve2024-09-3002640505ns5:CapitalRedemptionReserve2023-09-3002640505ns5:RetainedEarningsAccumulatedLosses2024-09-3002640505ns5:RetainedEarningsAccumulatedLosses2023-09-3002640505ns5:LeaseholdImprovements2023-10-012024-09-3002640505ns5:PlantMachinery2023-10-012024-09-3002640505ns5:FurnitureFittings2023-10-012024-09-3002640505ns5:MotorVehicles2023-10-012024-09-3002640505ns5:ComputerEquipment2023-10-012024-09-3002640505ns5:LeaseholdImprovements2023-09-3002640505ns5:PlantMachinery2023-09-3002640505ns5:FurnitureFittings2023-09-3002640505ns5:LeaseholdImprovements2024-09-3002640505ns5:PlantMachinery2024-09-3002640505ns5:FurnitureFittings2024-09-3002640505ns5:LeaseholdImprovements2023-09-3002640505ns5:PlantMachinery2023-09-3002640505ns5:FurnitureFittings2023-09-3002640505ns5:MotorVehicles2023-09-3002640505ns5:ComputerEquipment2023-09-3002640505ns5:MotorVehicles2024-09-3002640505ns5:ComputerEquipment2024-09-3002640505ns5:MotorVehicles2023-09-3002640505ns5:ComputerEquipment2023-09-3002640505ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3002640505ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30
REGISTERED NUMBER: 02640505 (England and Wales)







Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Harlow Truck Centre Limited

Harlow Truck Centre Limited (Registered number: 02640505)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Harlow Truck Centre Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: Mr T A Varney





REGISTERED OFFICE: DSCO, The Tower
The Maltings, Hoe Lane
Ware
SG12 9LR





REGISTERED NUMBER: 02640505 (England and Wales)





ACCOUNTANTS: DSCO
The Tower
The Maltings
Hoe Lane
Ware
Hertfordshire
SG12 9LR

Harlow Truck Centre Limited (Registered number: 02640505)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 143,838 165,160

CURRENT ASSETS
Stocks 5 77,043 75,465
Debtors 6 528,782 565,024
Cash at bank and in hand 336,409 332,093
942,234 972,582
CREDITORS
Amounts falling due within one year 7 329,846 383,047
NET CURRENT ASSETS 612,388 589,535
TOTAL ASSETS LESS CURRENT
LIABILITIES

756,226

754,695

CREDITORS
Amounts falling due after more than one
year

8

(28,010

)

(37,400

)

PROVISIONS FOR LIABILITIES (35,960 ) (31,380 )
NET ASSETS 692,256 685,915

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Capital redemption reserve 10,000 10,000
Retained earnings 672,256 665,915
SHAREHOLDERS' FUNDS 692,256 685,915

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Harlow Truck Centre Limited (Registered number: 02640505)

Balance Sheet - continued
30 September 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 June 2025 and were signed by:





Mr T A Varney - Director


Harlow Truck Centre Limited (Registered number: 02640505)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Harlow Truck Centre 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.

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.
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 21 (2023 - 21 ) .

Harlow Truck Centre Limited (Registered number: 02640505)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 October 2023 5,566 284,503 24,024
Additions - - -
Disposals - - -
At 30 September 2024 5,566 284,503 24,024
DEPRECIATION
At 1 October 2023 5,566 212,212 16,105
Charge for year - 18,073 1,188
Eliminated on disposal - - -
At 30 September 2024 5,566 230,285 17,293
NET BOOK VALUE
At 30 September 2024 - 54,218 6,731
At 30 September 2023 - 72,291 7,919

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 204,141 13,294 531,528
Additions 30,936 - 30,936
Disposals (18,937 ) - (18,937 )
At 30 September 2024 216,140 13,294 543,527
DEPRECIATION
At 1 October 2023 119,191 13,294 366,368
Charge for year 27,629 - 46,890
Eliminated on disposal (13,569 ) - (13,569 )
At 30 September 2024 133,251 13,294 399,689
NET BOOK VALUE
At 30 September 2024 82,889 - 143,838
At 30 September 2023 84,950 - 165,160

5. STOCKS
30.9.24 30.9.23
£    £   
Stocks 77,043 75,465

Harlow Truck Centre Limited (Registered number: 02640505)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 448,030 458,304
Other debtors 80,752 106,720
528,782 565,024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 10,200 10,200
Trade creditors 98,923 110,168
Amounts owed to group undertakings 32,500 67,500
Taxation and social security 149,853 149,601
Other creditors 38,370 45,578
329,846 383,047

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 28,010 37,400

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr T A Varney.