Haul and Store Ltd - Filleted accounts

Registered number

09908133

Haul and Store Ltd

Unaudited Filleted Accounts

31 December 2024

Haul and Store Ltd
Registered number:		09908133
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Intangible assets	3		788,916			184,794
Tangible assets	4		79,308			101,515
			868,224			286,309

Current assets
Debtors	5	1,891,273			1,561,146
Cash at bank and in hand		695,746			491,378
		2,587,019			2,052,524

Creditors: amounts falling due within one year	6	(903,347)			(764,275)

Net current assets			1,683,672			1,288,249

Total assets less current liabilities			2,551,896			1,574,558


Provisions for liabilities			(146,556)			(29,884)


Net assets			2,405,340			1,544,674

Capital and reserves
Called up share capital			103			103
Share premium			140,950			140,950
Revaluation reserve	8		506,916			34,794
Profit and loss account			1,757,371			1,368,827

Shareholders' funds			2,405,340			1,544,674

The directors are 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 directors acknowledge their 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.




Hamilton Butcher
Director
Approved by the board on 10 September 2025

Haul and Store Ltd
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.

	Intangible fixed assets
	Intangible fixed assets have been prepared in accordance with IAS 38, Intangible Assets and IAS 21, The Effects of Changes in Foreign Exchange rates. It is measured at cost on initial recognition and subsequently measured at fair value less accumulative amortisation and any accumulative impairment losses.

	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 evenly over its expected useful life, as follows:

	Plant and machinery	over 3 years
	Computer Equipment	over 3 years

	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			42		39


3	Intangible fixed assets					£
	Cryptocurrency:

	Cost
	At 1 January 2024					184,794
	Additions					132,000
	Revaluation					472,122
	At 31 December 2024					788,916

	Amortisation
	At 31 December 2024					-

	Net book value
	At 31 December 2024					788,916
	At 31 December 2023					184,794

	Cryptocurrency has been revalued as at 31 December 2024 according to IAS 38, Intangible assets and IAS 21, The Effects of Changes in Foreign Exchange Rates. The valuation was based on the market closing prices on 31 December 2024. No cryptocurrency sales were made in the year.


4	Tangible fixed assets
		Plant and machinery etc		Office Equipment		Total
£			£		£
	Cost
	At 1 January 2024	193,976		74,389		268,365
	Additions	-		14,015		14,015
	At 31 December 2024	193,976		88,404		282,380

	Depreciation
	At 1 January 2024	114,993		51,857		166,850
	Charge for the year	26,325		9,897		36,222
	At 31 December 2024	141,318		61,754		203,072

	Net book value
	At 31 December 2024	52,658		26,650		79,308
	At 31 December 2023	78,983		22,532		101,515


5	Debtors			2024		2023
£					£

	Trade debtors			646,346		676,470
	Prepayments			105,088		95,468
	Director's loan			136,580		154,849
	Loans to companies			880,936		514,879
	Other debtors			122,323		119,480
				1,891,273		1,561,146

	The Director's loan was £95,830 and is being repaid.
	The company made loans to 2 companies during the year. Isla Properties - £772,016 La Fontaine Court - £108,920

	Amounts due after more than one year included above			375,920		375,920


6	Creditors: amounts falling due within one year			2024		2023
£					£

	Trade creditors			364,187		221,142
	Taxation and social security costs			290,096		300,522
	VAT			133,719		122,901
	Accruals			110,694		115,686
	Other creditors			4,651		4,024
				903,347		764,275


7	Retained earnings

	The split of retained earnings between distributable and non-distributable is as follows:

		Distributable		Non-distributable	Total
£			£		£
	As at 1 January 2024	1,368,827				1,368,827
	Profit for financial year	731,409				731,409
	Intangible asset revaluation movement			472,122		472,122
	Interest rate swap adjustment					-
	Deferred tax			(116,672)		(116,672)
	Deferred tax on interest rate swap					-
		2,100,236		355,450		2,455,686


8	Revaluation reserve			2024		2023
£					£

	At 1 January 2024			34,794		-
	Gain on revaluation of intangible fixed assets			472,122		34,794

	At 31 December 2024			506,916		34,794


9	Other information

	Haul and Store Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Parker House
	44 Stafford Road
	Wallington
	Surrey
	SM6 9AA