Registered number
09335467
AR Heal Transport Limited
Filleted Accounts
31 December 2024
AR Heal Transport Limited
Registered number: 09335467
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 157,277 187,116
Current assets
Debtors 4 23,416 41,360
Cash at bank and in hand 34,415 119,736
57,831 161,096
Creditors: amounts falling due within one year 5 (55,710) (132,183)
Net current assets 2,121 28,913
Total assets less current liabilities 159,398 216,029
Creditors: amounts falling due after more than one year 6 (19,057) (36,739)
Provisions for liabilities (39,320) (29,564)
Net assets 101,021 149,726
Capital and reserves
Called up share capital 100 100
Profit and loss account 100,921 149,626
Shareholders' funds 101,021 149,726
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Andrew Heal
Director
Approved by the board on 29 May 2025
AR Heal Transport Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Motor vehicle 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 January 2024 17,773 352,903 370,676
Additions 1,077 21,510 22,587
At 31 December 2024 18,850 374,413 393,263
Depreciation
At 1 January 2024 11,761 171,799 183,560
Charge for the year 1,772 50,654 52,426
At 31 December 2024 13,533 222,453 235,986
Net book value
At 31 December 2024 5,317 151,960 157,277
At 31 December 2023 6,012 181,104 187,116
4 Debtors 2024 2023
£ £
Trade debtors 16,111 33,892
Other debtors 7,305 7,468
23,416 41,360
5 Creditors: amounts falling due within one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 18,959 28,461
Trade creditors - 5,207
Director's loan account 375 6,481
Taxation and social security costs 34,541 90,534
Other creditors 1,835 1,500
55,710 132,183
6 Creditors: amounts falling due after one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 19,057 36,739
7 Other information
AR Heal Transport Limited is a private company limited by shares and incorporated in England. Its registered office is:
6 Helens Road
Sandford
Winscombe
North Somerset
BS25 5PD
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