REGISTERED NUMBER: 03382533 (England and Wales)

T.W.R. (Haulage) Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

Notes to the financial statements

5

Director:

P W Roffe

Registered office:

Franville, Foremans Bridge

Sutton Road

Sutton St. James

Spalding

Lincolnshire

PE12 0HU

Registered number:

03382533 (England and Wales)

Accountants:

Moore Thompson

Monica House

St Augustines Road

Wisbech

Cambridgeshire

PE13 3AD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Director's report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of T.W.R. (Haulage) Limited for the year ended 31 December 2024 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of T.W.R. (Haulage) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of T.W.R. (Haulage) Limited and state those matters that we have agreed to state to the director of T.W.R. (Haulage) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than T.W.R. (Haulage) Limited and its director for our work or for this report.

It is your duty to ensure that T.W.R. (Haulage) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of T.W.R. (Haulage) Limited. You consider that T.W.R. (Haulage) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of T.W.R. (Haulage) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

Monica House

St Augustines Road

Wisbech

Cambridgeshire

PE13 3AD

24 September 2025

Fixed assets

Tangible assets

5

340,012

365,575

Current assets

Stocks

5,000

5,000

Debtors

6

198,276

176,840

Cash at bank

500

-

203,776

181,840

Creditors

Amounts falling due within one year

7

267,417

255,353

Net current liabilities

(63,641

)

(73,513

)

Total assets less current liabilities

276,371

292,062

Creditors

Amounts falling due after more than one year

8

(92,777

)

(126,776

)

Provisions for liabilities

(49,424

)

(45,756

)

Net assets

134,170

119,530

Capital and reserves

Called up share capital

2

2

Revaluation reserve

9

6,480

6,480

Retained earnings

127,688

113,048

134,170

119,530

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 September 2025 and were signed by:

P W Roffe - Director

1.	Statutory information

T.W.R. (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.

Lorries and trailers

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Revaluation policy

The company has adopted a revaluation accounting policy on the Workshop and Inspection Pit.

The directors review the valuation regularly to ensure the asset is included at its fair value.

Going concern

The accounts have been prepared under the going concern basis. This may not be appropriate because at 31 December 2024 the company's current liabilities exceeded their current assets by £63,641. The director has confirmed they will continue to support the company for the foreseeable future.

4.	Employees and directors

The average number of employees during the year was 12 (2023 - 11 ) .

5.	Tangible fixed assets

Workshop

and

Lorries

Inspection

and

Plant and

Pit

trailers

machinery

£

£

£

Cost

At 1 January 2024

15,000

799,863

63,808

Additions

-

66,295

17,098

At 31 December 2024

15,000

866,158

80,906

Depreciation

At 1 January 2024

13,537

451,241

50,532

Charge for year

366

101,914

7,593

At 31 December 2024

13,903

553,155

58,125

Net book value

At 31 December 2024

1,097

313,003

22,781

At 31 December 2023

1,463

348,622

13,276

Motor

Computer

vehicles

equipment

Totals

£

£

£

Cost

At 1 January 2024

5,606

5,330

889,607

Additions

-

1,960

85,353

At 31 December 2024

5,606

7,290

974,960

Depreciation

At 1 January 2024

4,858

3,864

524,032

Charge for year

187

856

110,916

At 31 December 2024

5,045

4,720

634,948

Net book value

At 31 December 2024

561

2,570

340,012

At 31 December 2023

748

1,466

365,575

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

194,618

172,293

Prepayments

3,658

4,547

198,276

176,840

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Bank loans and overdrafts

14,492

32,450

Hire purchase contracts

80,715

97,544

Trade creditors

82,798

58,311

Social security and other taxes

5,829

6,522

VAT

59,831

54,301

Other creditors

1,219

1,558

Directors' loan accounts

15,128

197

Accrued expenses

7,405

4,470

267,417

255,353

Included in the above is an amount of £80,715 (2023: £97,544) which is secured.

8.

Creditors: amounts falling due after more than one year

2024

2023

£

£

Bank loans - 1-2 years

2,114

4,150

Bank loans - 2-5 years

-

2,214

Hire purchase contracts

90,663

120,412

92,777

126,776

Included in the above amount is an amount of £90,663 (2023: £120,412) which is secured.

9.

Reserves

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

6,480

10.	Related party disclosures

During the year the director made a loan to the company. The loan was interest free, unsecured and repayable on demand. The balance owed at the year end was £15,128 (2023: £197)