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REGISTERED NUMBER: 09272352 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Russell Francis Haulage Limited

Russell Francis Haulage Limited (Registered number: 09272352)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Russell Francis Haulage Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: R J Francis
Mrs K F Francis





REGISTERED OFFICE: Cross Chambers
9 High Street
Newtown
Powys
SY16 2NY





REGISTERED NUMBER: 09272352 (England and Wales)





ACCOUNTANTS: Morgan Griffiths LLP
Chartered Accountants
Cross Chambers
9 High Street
Newtown
Powys
SY16 2NY

Russell Francis Haulage Limited (Registered number: 09272352)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 326,823 273,837

CURRENT ASSETS
Debtors 6 187,464 212,585
Cash at bank 351,885 404,794
539,349 617,379
CREDITORS
Amounts falling due within one year 7 121,541 219,297
NET CURRENT ASSETS 417,808 398,082
TOTAL ASSETS LESS CURRENT
LIABILITIES

744,631

671,919

PROVISIONS FOR LIABILITIES 81,172 67,808
NET ASSETS 663,459 604,111

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 663,457 604,109
SHAREHOLDERS' FUNDS 663,459 604,111

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

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

Russell Francis Haulage Limited (Registered number: 09272352)

Balance Sheet - continued
30 November 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 13 August 2025 and were signed on its behalf by:





R J Francis - Director


Russell Francis Haulage Limited (Registered number: 09272352)

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


1. STATUTORY INFORMATION

Russell Francis 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Plant and machinery etc - 20% on reducing balance and 10% 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.

Hire purchase and leasing commitments
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.

Russell Francis Haulage Limited (Registered number: 09272352)

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


4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023 583,520
Additions 134,724
At 30 November 2024 718,244
DEPRECIATION
At 1 December 2023 309,683
Charge for year 81,738
At 30 November 2024 391,421
NET BOOK VALUE
At 30 November 2024 326,823
At 30 November 2023 273,837

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 181,740 212,585
Other debtors 5,724 -
187,464 212,585

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 94,017 144,443
Taxation and social security 25,440 64,191
Other creditors 2,084 10,663
121,541 219,297

8. RELATED PARTY DISCLOSURES

The company is under the control of Mr R J Francis and Mrs K F Francis the directors and shareholders of the company.