REGISTERED NUMBER: 04146911

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

ASHVALE HAULAGE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J O'Donnell

M O'Brien

J P Dowd

D J Hayward

REGISTERED OFFICE:

27 St. Cuthberts Street

Bedford

Bedfordshire

MK40 3JG

REGISTERED NUMBER:

04146911

ACCOUNTANTS:

Digital Tax Matters Limited

27 St. Cuthberts Street

Bedford

Bedfordshire

MK40 3JG

FIXED ASSETS

Tangible assets

4

7,333,736

7,701,664

CURRENT ASSETS

Debtors

5

1,960,780

1,399,251

Cash at bank and in hand

794,492

981,211

2,755,272

2,380,462

CREDITORS

Amounts falling due within one year

6

2,707,369

2,402,436

NET CURRENT ASSETS/(LIABILITIES)

47,903

(21,974

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,381,639

7,679,690

CREDITORS

Amounts falling due after more than one year

7

(220,000

)

(857,339

)

PROVISIONS FOR LIABILITIES

(1,676,135

)

(953,634

)

NET ASSETS

5,485,504

5,868,717

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

5,485,404

5,868,617

SHAREHOLDERS' FUNDS

5,485,504

5,868,717

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 18 September 2025 and were signed on its behalf by:

J O'Donnell - Director

1.	STATUTORY INFORMATION

Ashvale Haulage Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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.

Plant and machinery

-

10% on reducing balance

Motor vehicles

-

15% 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 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

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.

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 10 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2024

9,312,073

9,577

121,514

3,777

9,446,941

Additions

22,000

329

67,133

395

89,857

Disposals

(95,500

)

-

-

-

(95,500

)

At 31 January 2025

9,238,573

9,906

188,647

4,172

9,441,298

DEPRECIATION

At 1 February 2024

1,666,859

4,582

70,310

3,526

1,745,277

Charge for year

380,753

798

23,667

194

405,412

Eliminated on disposal

(43,127

)

-

-

-

(43,127

)

At 31 January 2025

2,004,485

5,380

93,977

3,720

2,107,562

NET BOOK VALUE

At 31 January 2025

7,234,088

4,526

94,670

452

7,333,736

At 31 January 2024

7,645,214

4,995

51,204

251

7,701,664

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 February 2024

and 31 January 2025

2,711,810

DEPRECIATION

At 1 February 2024

160,872

Charge for year

127,540

At 31 January 2025

288,412

NET BOOK VALUE

At 31 January 2025

2,423,398

At 31 January 2024

2,550,938

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

1,817,420

1,230,714

Other debtors

95,360

120,537

1,912,780

1,351,251

Amounts falling due after more than one year:

Amounts owed by associates

48,000

48,000

Aggregate amounts

1,960,780

1,399,251

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

637,339

1,041,731

Trade creditors

1,514,016

863,064

Amounts owed to participating interests

124,630

124,630

Taxation and social security

91,479

40,759

Other creditors

339,905

332,252

2,707,369

2,402,436

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

637,339

Amounts owed to associates

220,000

220,000

220,000

857,339