IRIS Accounts Production v25.2.0.378 01594762 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh015947622023-12-31015947622024-12-31015947622024-01-012024-12-31015947622022-12-31015947622023-01-012023-12-31015947622023-12-3101594762ns15:EnglandWales2024-01-012024-12-3101594762ns14:PoundSterling2024-01-012024-12-3101594762ns10:Director12024-01-012024-12-3101594762ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3101594762ns10:SmallEntities2024-01-012024-12-3101594762ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3101594762ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3101594762ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3101594762ns10:FullAccounts2024-01-012024-12-3101594762ns10:Director22024-01-012024-12-3101594762ns10:Director42024-01-012024-12-3101594762ns10:Director52024-01-012024-12-3101594762ns10:Director62024-01-012024-12-3101594762ns10:CompanySecretary12024-01-012024-12-3101594762ns10:RegisteredOffice2024-01-012024-12-3101594762ns5:CurrentFinancialInstruments2024-12-3101594762ns5:CurrentFinancialInstruments2023-12-3101594762ns5:Non-currentFinancialInstruments2024-12-3101594762ns5:Non-currentFinancialInstruments2023-12-3101594762ns5:ShareCapital2024-12-3101594762ns5:ShareCapital2023-12-3101594762ns5:CapitalRedemptionReserve2024-12-3101594762ns5:CapitalRedemptionReserve2023-12-3101594762ns5:RetainedEarningsAccumulatedLosses2023-12-3101594762ns5:PlantMachinery2024-01-012024-12-3101594762ns5:PlantMachinery2023-12-3101594762ns5:PlantMachinery2024-12-3101594762ns5:PlantMachinery2023-12-3101594762ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-3101594762ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-01-012024-12-3101594762ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-12-3101594762ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-3101594762ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3101594762ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 01594762 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 December 2024

for

Eric Edwards Haulage Contractor Limited

Eric Edwards Haulage Contractor Limited (Registered number: 01594762)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 5


Eric Edwards Haulage Contractor Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: A Edwards
I Edwards
Mrs J Berry
B J Berry
D R Berry





SECRETARY: Mrs J Berry





REGISTERED OFFICE: Paddock Hill Farm
Mobberley
Knutsford
Cheshire
WA16 7DA





REGISTERED NUMBER: 01594762 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
2 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Eric Edwards Haulage Contractor Limited (Registered number: 01594762)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 853,251 804,918

CURRENT ASSETS
Stocks 9,454 2,621
Debtors 5 1,132,120 885,892
Cash at bank 1,081,703 846,893
2,223,277 1,735,406
CREDITORS
Amounts falling due within one year 6 1,431,324 884,096
NET CURRENT ASSETS 791,953 851,310
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,645,204

1,656,228

CREDITORS
Amounts falling due after more than one
year

7

(67,964

)

(321,138

)

PROVISIONS FOR LIABILITIES (213,351 ) (201,230 )
NET ASSETS 1,363,889 1,133,860

CAPITAL AND RESERVES
Called up share capital 1,000 1,003
Capital redemption reserve 3 -
Retained earnings 1,362,886 1,132,857
SHAREHOLDERS' FUNDS 1,363,889 1,133,860

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.

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 31 July 2025 and were signed on its behalf by:




Mrs J Berry - Director


Eric Edwards Haulage Contractor Limited (Registered number: 01594762)

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

1. STATUTORY INFORMATION

Eric Edwards Haulage Contractor 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.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 etc - 25% 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 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.

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.

Eric Edwards Haulage Contractor Limited (Registered number: 01594762)

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

2. ACCOUNTING POLICIES - continued

Going concern
The board of directors have considered going concern as 40% of the company's turnover was derived from one customer.

It is the opinion of the board of directors that should turnover from the significant customer reduce or cease, then costs and expenses would reduce accordingly and that even in the worst case where it was no longer viable for the company to continue trading all of its creditors and other liabilities could be settled in full. As a result the board of directors have adopted the going concern basis of accounting.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 21 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 2,106,221
Additions 381,310
Disposals (257,550 )
At 31 December 2024 2,229,981
DEPRECIATION
At 1 January 2024 1,301,303
Charge for year 331,071
Eliminated on disposal (255,644 )
At 31 December 2024 1,376,730
NET BOOK VALUE
At 31 December 2024 853,251
At 31 December 2023 804,918

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2024 703,735
Additions 215,030
Transfer to ownership (76,318 )
At 31 December 2024 842,447
DEPRECIATION
At 1 January 2024 156,459
Charge for year 184,677
Transfer to ownership (57,238 )
At 31 December 2024 283,898
NET BOOK VALUE
At 31 December 2024 558,549
At 31 December 2023 547,276

Eric Edwards Haulage Contractor Limited (Registered number: 01594762)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 1,092,771 862,386
Other debtors 39,349 23,506
1,132,120 885,892

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 30,608 50,000
Hire purchase contracts 123,859 164,729
Trade creditors 430,592 141,926
Taxation and social security 444,978 291,850
Other creditors 401,287 235,591
1,431,324 884,096

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans - 120,904
Hire purchase contracts 67,964 200,234
67,964 321,138

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Hire purchase contracts 191,823 364,963

9. RELATED PARTY DISCLOSURES

There is an intercompany balance within the accounts. An amount of £3,895 is owed from a related company at the year end date, being the holding company EE Haulage Holdings Limited.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the board of Directors.