REGISTERED NUMBER: 07885418 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2024

for

Stephenson Brothers (Haulage) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G J Stephenson

Mrs W Stephenson

REGISTERED OFFICE:

Nirvana Farm

Tyersal Avenue

Bradford

West Yorkshire

BD4 8HL

REGISTERED NUMBER:

07885418 (England and Wales)

FIXED ASSETS

Tangible assets

4

153,561

150,081

CURRENT ASSETS

Debtors

5

51,817

37,101

Cash at bank and in hand

105,219

79,060

157,036

116,161

CREDITORS

Amounts falling due within one year

6

80,395

64,634

NET CURRENT ASSETS

76,641

51,527

TOTAL ASSETS LESS CURRENT LIABILITIES

230,202

201,608

PROVISIONS FOR LIABILITIES

7

29,177

28,516

NET ASSETS

201,025

173,092

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

201,023

173,090

SHAREHOLDERS' FUNDS

201,025

173,092

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th August 2025 and were signed on its behalf by:

G J Stephenson - Director

1.	STATUTORY INFORMATION

Stephenson Brothers (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.	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.

Plant and machinery

-

25% Straight Line Basis

Motor vehicles

-

25% on Reducing Balance

Computer equipment

-

33.3% Straight Line Basis

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are recognised at amortised cost with changes recognised in the income statement.

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 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.

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 4 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st January 2024

2,470

487,392

2,362

492,224

Additions

-

74,000

482

74,482

Disposals

-

(65,767

)

-

(65,767

)

At 31st December 2024

2,470

495,625

2,844

500,939

DEPRECIATION

At 1st January 2024

2,264

337,758

2,121

342,143

Charge for year

69

30,402

281

30,752

Eliminated on disposal

-

(25,517

)

-

(25,517

)

At 31st December 2024

2,333

342,643

2,402

347,378

NET BOOK VALUE

At 31st December 2024

137

152,982

442

153,561

At 31st December 2023

206

149,634

241

150,081

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

20,560

20,979

Other debtors

31,257

16,122

51,817

37,101

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

41,302

16,683

Taxation and social security

10,082

14,897

Other creditors

29,011

33,054

80,395

64,634

7.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

Accelerated capital

allowances

29,177

28,516

29,177

28,516

Deferred

tax

£

Balance at 1st January 2024

28,516

Charge to Income Statement during year

661

Balance at 31st December 2024

29,177

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1

Ordinary Share A

£1

1

1

1

Ordinary Share B

£1

1

1

2

2

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G J Stephenson.