IRIS Accounts Production v25.2.0.378 06416544 director 1.1.24 31.12.24 31.12.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh064165442023-12-31064165442024-12-31064165442024-01-012024-12-31064165442022-12-31064165442023-01-012023-12-31064165442023-12-3106416544ns15:EnglandWales2024-01-012024-12-3106416544ns14:PoundSterling2024-01-012024-12-3106416544ns10:Director12024-01-012024-12-3106416544ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3106416544ns10:SmallEntities2024-01-012024-12-3106416544ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3106416544ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3106416544ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3106416544ns10:FullAccounts2024-01-012024-12-310641654412024-01-012024-12-3106416544ns10:CompanySecretary12024-01-012024-12-3106416544ns10:RegisteredOffice2024-01-012024-12-3106416544ns5:CurrentFinancialInstruments2024-12-3106416544ns5:CurrentFinancialInstruments2023-12-3106416544ns5:Non-currentFinancialInstruments2024-12-3106416544ns5:Non-currentFinancialInstruments2023-12-3106416544ns5:ShareCapital2024-12-3106416544ns5:ShareCapital2023-12-3106416544ns5:RetainedEarningsAccumulatedLosses2024-12-3106416544ns5:RetainedEarningsAccumulatedLosses2023-12-3106416544ns5:NetGoodwill2024-01-012024-12-3106416544ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3106416544ns5:LongLeaseholdAssetsns5:LandBuildings2024-01-012024-12-3106416544ns5:LeaseholdImprovements2024-01-012024-12-3106416544ns5:FurnitureFittings2024-01-012024-12-3106416544ns5:MotorVehicles2024-01-012024-12-3106416544ns5:ComputerEquipment2024-01-012024-12-3106416544ns5:NetGoodwill2023-12-3106416544ns5:NetGoodwill2024-12-3106416544ns5:NetGoodwill2023-12-3106416544ns5:LongLeaseholdAssetsns5:LandBuildings2023-12-3106416544ns5:LeaseholdImprovements2023-12-3106416544ns5:FurnitureFittings2023-12-3106416544ns5:LongLeaseholdAssetsns5:LandBuildings2024-12-3106416544ns5:LeaseholdImprovements2024-12-3106416544ns5:FurnitureFittings2024-12-3106416544ns5:LongLeaseholdAssetsns5:LandBuildings2023-12-3106416544ns5:LeaseholdImprovements2023-12-3106416544ns5:FurnitureFittings2023-12-3106416544ns5:MotorVehicles2023-12-3106416544ns5:ComputerEquipment2023-12-3106416544ns5:MotorVehicles2024-12-3106416544ns5:ComputerEquipment2024-12-3106416544ns5:MotorVehicles2023-12-3106416544ns5:ComputerEquipment2023-12-3106416544ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-12-3106416544ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-01-012024-12-3106416544ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-12-3106416544ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-12-3106416544ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3106416544ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31064165441ns10:Director12023-12-31064165441ns10:Director12022-12-31064165441ns10:Director12024-01-012024-12-31064165441ns10:Director12023-01-012023-12-31064165441ns10:Director12024-12-31064165441ns10:Director12023-12-31
REGISTERED NUMBER: 06416544 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 31 December 2024

for

P J Webb Haulage Limited

P J Webb Haulage Limited (Registered number: 06416544)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


P J Webb Haulage Limited

Company Information
for the Year Ended 31 December 2024







Director: P J Webb





Secretary: Mrs K Webb





Registered office: The Haulage Yard
Wilfred Way
Tonyrefail
Porth
CF39 8JQ





Registered number: 06416544 (England and Wales)





Accountants: Curtis Bowden & Thomas Limited
Chartered Certified Accountants
101 Dunraven Street
Tonypandy
CF40 1AR

P J Webb Haulage Limited (Registered number: 06416544)

Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
Fixed assets
Intangible assets 4 - -
Tangible assets 5 2,349,014 2,083,498
2,349,014 2,083,498

Current assets
Debtors 6 331,230 264,264
Cash at bank 837,048 848,092
1,168,278 1,112,356
Creditors
Amounts falling due within one year 7 465,041 389,386
Net current assets 703,237 722,970
Total assets less current liabilities 3,052,251 2,806,468

Creditors
Amounts falling due after more than one
year

8

(511,548

)

(465,861

)

Provisions for liabilities (368,766 ) (314,507 )
Net assets 2,171,937 2,026,100

Capital and reserves
Called up share capital 100 100
Retained earnings 2,171,837 2,026,000
Shareholders' funds 2,171,937 2,026,100

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 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.

P J Webb Haulage Limited (Registered number: 06416544)

Statement of Financial Position - 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 August 2025 and were signed by:





P J Webb - Director


P J Webb Haulage Limited (Registered number: 06416544)

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

1. Statutory information

P J Webb Haulage 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.
Long leasehold - No depreciation charge
Improvements to property - 2% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

P J Webb Haulage Limited (Registered number: 06416544)

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.

3. Employees and directors

The average number of employees during the year was 31 (2023 - 27 ) .

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 January 2024
and 31 December 2024 70,000
Amortisation
At 1 January 2024
and 31 December 2024 70,000
Net book value
At 31 December 2024 -
At 31 December 2023 -

5. Tangible fixed assets
Improvements Fixtures
Long to and
leasehold property fittings
£    £    £   
Cost
At 1 January 2024 53,413 157,961 122,300
Additions - - 4,000
Disposals - - -
At 31 December 2024 53,413 157,961 126,300
Depreciation
At 1 January 2024 - 16,130 66,956
Charge for year - 3,159 14,836
Eliminated on disposal - - -
At 31 December 2024 - 19,289 81,792
Net book value
At 31 December 2024 53,413 138,672 44,508
At 31 December 2023 53,413 141,831 55,344

P J Webb Haulage Limited (Registered number: 06416544)

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

5. Tangible fixed assets - continued

Motor Computer
vehicles equipment Totals
£    £    £   
Cost
At 1 January 2024 3,596,537 3,902 3,934,113
Additions 981,591 - 985,591
Disposals (507,793 ) - (507,793 )
At 31 December 2024 4,070,335 3,902 4,411,911
Depreciation
At 1 January 2024 1,765,515 2,014 1,850,615
Charge for year 504,891 472 523,358
Eliminated on disposal (311,076 ) - (311,076 )
At 31 December 2024 1,959,330 2,486 2,062,897
Net book value
At 31 December 2024 2,111,005 1,416 2,349,014
At 31 December 2023 1,831,022 1,888 2,083,498

I

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
Cost
At 1 January 2024 1,778,588
Additions 803,675
At 31 December 2024 2,582,263
Depreciation
At 1 January 2024 601,623
Charge for year 344,505
At 31 December 2024 946,128
Net book value
At 31 December 2024 1,636,135
At 31 December 2023 1,176,965

6. Debtors: amounts falling due within one year
31.12.24 31.12.23
£    £   
Trade debtors 299,338 259,714
Other debtors 31,892 4,550
331,230 264,264

P J Webb Haulage Limited (Registered number: 06416544)

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

7. Creditors: amounts falling due within one year
31.12.24 31.12.23
£    £   
Hire purchase contracts 371,334 304,631
Trade creditors 27,420 19,645
Taxation and social security 66,287 64,650
Other creditors - 460
465,041 389,386

8. Creditors: amounts falling due after more than one year
31.12.24 31.12.23
£    £   
Hire purchase contracts 511,548 465,861

9. Secured debts

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Hire purchase contracts 882,882 770,492

The bank borrowings and hire purchase liabilities are also secured by a personal guarantee of the director

10. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
P J Webb
Balance outstanding at start of year (460 ) (79 )
Amounts advanced 117,742 54,566
Amounts repaid (87,440 ) (54,947 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 29,842 (460 )

The overdrawn balance on the director's loan account was repaid by means of a dividend within 9 months of the year end. The amount is interest free.

11. Ultimate controlling party

The controlling party is P J Webb.

The ultimate controlling party is P J Webb.