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REGISTERED NUMBER: 04278810 (England and Wales)
















Financial Statements

for the Year Ended 31 December 2024

for

New Allies Transport Limited

New Allies Transport Limited (Registered number: 04278810)

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










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


New Allies Transport Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: M A Lewis
A D Lewis





SECRETARY: Mrs K L Lewis





REGISTERED OFFICE: Unit 8 St Stephens Business Centre
Poplar Road
Warmley
Bristol
BS30 5JD





REGISTERED NUMBER: 04278810 (England and Wales)





ACCOUNTANTS: Xeinadin South Wales & West Limited
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT

New Allies Transport Limited

Report of the Accountants to the Directors of
New Allies Transport Limited


The following reproduces the text of the report prepared for the directors 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 Directors 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 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 as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements and state those matters that we have agreed to state to the Board of Directors, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that the Company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit. You consider that the Company is exempt from the statutory audit requirement for the year.

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






Xeinadin South Wales & West Limited


5 June 2025

New Allies Transport Limited (Registered number: 04278810)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 135,616 176,084

CURRENT ASSETS
Debtors 5 301,354 362,574
Cash at bank 86,254 162,931
387,608 525,505
CREDITORS
Amounts falling due within one year 6 488,734 494,223
NET CURRENT (LIABILITIES)/ASSETS (101,126 ) 31,282
TOTAL ASSETS LESS CURRENT LIABILITIES 34,490 207,366

CREDITORS
Amounts falling due after more than one year 7 12,279 35,880
NET ASSETS 22,211 171,486

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 22,111 171,386
22,211 171,486

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

New Allies Transport Limited (Registered number: 04278810)

Balance Sheet - continued
31 December 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 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 5 June 2025 and were signed on its behalf by:





A D Lewis - Director


New Allies Transport Limited (Registered number: 04278810)

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


1. STATUTORY INFORMATION

New Allies Transport 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

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.

New Allies Transport Limited (Registered number: 04278810)

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


2. ACCOUNTING POLICIES - continued

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 11 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 73,793 961,453 3,058 1,038,304
Additions - 2,225 - 2,225
At 31 December 2024 73,793 963,678 3,058 1,040,529
DEPRECIATION
At 1 January 2024 54,948 806,330 942 862,220
Charge for year 2,827 39,337 529 42,693
At 31 December 2024 57,775 845,667 1,471 904,913
NET BOOK VALUE
At 31 December 2024 16,018 118,011 1,587 135,616
At 31 December 2023 18,845 155,123 2,116 176,084

New Allies Transport Limited (Registered number: 04278810)

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


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2024 161,270
Transfer to ownership (97,770 )
At 31 December 2024 63,500
DEPRECIATION
At 1 January 2024 102,350
Charge for year 8,930
Transfer to ownership (74,569 )
At 31 December 2024 36,711
NET BOOK VALUE
At 31 December 2024 26,789
At 31 December 2023 58,920

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 233,304 309,235
Other debtors 68,050 53,339
301,354 362,574

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,362 9,973
Hire purchase contracts (see note 8) 14,288 33,718
Trade creditors 125,964 102,812
Amounts owed to group undertakings 140,175 125,991
Taxation and social security 52,046 67,867
Other creditors 146,899 153,862
488,734 494,223

New Allies Transport Limited (Registered number: 04278810)

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


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 12,279 21,592
Hire purchase contracts (see note 8) - 14,288
12,279 35,880

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 14,288 33,718
Between one and five years - 14,288
14,288 48,006

Non-cancellable operating leases
2024 2023
£    £   
Within one year 54,106 29,632
Between one and five years 21,179 50,621
75,285 80,253