Egglaroy Ltd Trading as Truckstop Hawkes Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01541416

Egglaroy Ltd Trading as Truckstop Hawkes

Filleted Unaudited Financial Statements

31 December 2024

Egglaroy Ltd Trading as Truckstop Hawkes

Financial Statements

Year ended 31 December 2024

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Egglaroy Ltd Trading as Truckstop Hawkes

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£	£

Fixed assets

Tangible assets	6		1,438,936		1,524,089

Current assets

Stocks		1,450,606	1,496,632
Debtors	7	1,541,890	1,763,202
Cash at bank and in hand		234,337	127,255
		------------	------------
		3,226,833	3,387,089

Creditors: amounts falling due within one year	8	2,178,448		2,382,380
		------------		------------
Net current assets			1,048,385		1,004,709
			------------		------------
Total assets less current liabilities			2,487,321		2,528,798

Creditors: amounts falling due after more than one year	9		780,338		809,360

Provisions

Taxation including deferred tax	111,520	95,006
	------------	------------
Net assets	1,595,463	1,624,432
	------------	------------

Egglaroy Ltd Trading as Truckstop Hawkes

Statement of Financial Position (continued)

31 December 2024

	2024		2023
Note	£	£	£	£

Capital and reserves

Called up share capital	10	100	100
Profit and loss account		1,595,363	1,624,332
		------------	------------
Shareholders funds		1,595,463	1,624,432
		------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 26 September 2025 , and are signed on behalf of the board by:

M G Stiley Director

Company registration number: 01541416

Egglaroy Ltd Trading as Truckstop Hawkes

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 3, Brook Street, Lakeside, Redditch, Worcs, B98 8NG.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Revenue recognition Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when goods are physically delivered to the customer. Tax Current tax represents the amount of tax payable or receivable in respect of the taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference. Goodwill Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed five years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold Property	-	2% straight line
Plant and Machinery	-	25% reducing balance
Fixtures and Fittings	-	25% reducing balance
Motor Vehicles	-	25% reducing balance

Computer Hardware	-	25% reducing balance
Improvements	-	10% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly.

Stocks

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

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Government grants

Deferred government grants in respect of capital expenditure are treated as deferred income and are credited to the profit and loss account over the estimated useful life of the assets to which they relate. Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received using the accrual model.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into, either as financial assets, financial liabilities or equity interests. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Employee benefits

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 54 (2023: 55 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 Jan 2024 and 31 Dec 2024	25,000
	--------
Amortisation
At 1 Jan 2024 and 31 Dec 2024	25,000
	--------
Carrying amount
At 31 Dec 2024	–
	--------
At 31 Dec 2023	–
	--------

6. Tangible assets

	At 1 Jan 2024	Additions	Disposals	At 31 Dec 2024
	£	£	£	£
Cost
Land and buildings	980,607	–	–	980,607
Plant and machinery	12,931	–	–	12,931
Fixtures and fittings	266,365	–	–	266,365
Motor vehicles	821,103	164,750	( 176,624)	809,229
Computer hardware	64,664	10,232	–	74,896
Improvements	123,455	–	–	123,455
	------------	---------	---------	------------
	2,269,125	174,982	( 176,624)	2,267,483
	------------	---------	---------	------------

	At 1 Jan 2024	Charge for the year	Disposals	At 31 Dec 2024
	£	£	£	£
Depreciation
Land and buildings	43,932	15,812	–	59,744
Plant and machinery	10,037	723	–	10,760
Fixtures and fittings	171,922	23,611	–	195,533
Motor vehicles	388,567	129,698	( 98,131)	420,134
Computer hardware	41,427	8,367	–	49,794
Improvements	89,151	3,431	–	92,582
	------------	---------	---------	---------
	745,036	181,642	( 98,131)	828,547
	------------	---------	---------	---------

	At 31 Dec 2024	At 31 Dec 2023
	£	£
Carrying amount
Land and buildings	920,863	936,675
Plant and machinery	2,171	2,894
Fixtures and fittings	70,832	94,443
Motor vehicles	389,095	432,536
Computer hardware	25,102	23,237
Improvements	30,873	34,304
	------------	------------
	1,438,936	1,524,089
	------------	------------

7. Debtors

	2024	2023
	£	£
Trade debtors	1,511,067	1,739,198
Other debtors	30,823	24,004
	------------	------------
	1,541,890	1,763,202
	------------	------------

8. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	22,800	25,600
Trade creditors	1,775,314	1,922,970
Social security and other taxes	198,746	169,765
Other creditors	181,588	264,045
	------------	------------
	2,178,448	2,382,380
	------------	------------

The bank loans and overdrafts of £22,800 (2023 - £25,600) are secured by a fixed and floating charge over the company's assets. Obligations under finance leases and hire purchase contracts totalling £69,324 (2023 - £50,993) are secured on the assets concerned.

9. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	702,386	721,176
Other creditors	77,952	88,184
	---------	---------
	780,338	809,360
	---------	---------

The bank loan of £702,386 (2023 - £721,176) is secured by a fixed and floating charge over the company's assets. Obligations under finance leases and hire purchase contracts totalling £68,993 (2023 - £76,239) are secured on the assets concerned.

Included within creditors: amounts falling due after more than one year is an amount of £595,986 (2023: £594,776) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

10. Called up share capital

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

11. Other financial commitments

Total commitments at the year-end were £Nil (2023 - £ 5,600 ).