REGISTERED NUMBER: 02597876 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

A. AND D. HAULAGE (TELFORD) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Smith

Mrs D Oakley

D Brown

SECRETARY:

Mrs D Oakley

REGISTERED OFFICE:

Unit B3 Court Works

Bridgnorth Road

Madeley

Telford

Shropshire

TF7 4JB

REGISTERED NUMBER:

02597876 (England and Wales)

ACCOUNTANTS:

D E Ball & Co Limited

Chartered Accountants

15 Bridge Road

Wellington

Telford

Shropshire

TF1 1EB

FIXED ASSETS

Tangible assets

4

671,616

740,435

CURRENT ASSETS

Stocks

14,000

14,000

Debtors

5

447,676

391,692

Cash at bank

6,360

10,336

468,036

416,028

CREDITORS

Amounts falling due within one year

6

453,002

445,029

NET CURRENT ASSETS/(LIABILITIES)

15,034

(29,001

)

TOTAL ASSETS LESS CURRENT LIABILITIES

686,650

711,434

CREDITORS

Amounts falling due after more than one year

7

(120,460

)

(257,100

)

PROVISIONS FOR LIABILITIES

(42,265

)

(33,836

)

NET ASSETS

523,925

420,498

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

68,996

12,150

Retained earnings

454,829

408,248

SHAREHOLDERS' FUNDS

523,925

420,498

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17th September 2025 and were signed on its behalf by:

D Smith - Director

1.	STATUTORY INFORMATION

A. and D. Haulage (Telford) 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.

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 as modified by the revaluation of certain assets.

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.

Motor lorries

-

25% on reducing balance

Equipment

-

15% on reducing balance

Freehold property is not depreciated. The directors are of the view that the level of ongoing repair and maintenance of the property will result in the residual value of the property at the end of its useful life being greater than its original cost. This is reviewed annually by the directors.

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 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 21 (2023 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Motor

property

lorries

Equipment

Totals

£

£

£

£

COST OR VALUATION

At 1st January 2024

159,205

1,278,358

63,089

1,500,652

Revaluations

75,795

-

-

75,795

At 31st December 2024

235,000

1,278,358

63,089

1,576,447

DEPRECIATION

At 1st January 2024

-

705,728

54,489

760,217

Charge for year

-

143,157

1,457

144,614

At 31st December 2024

-

848,885

55,946

904,831

NET BOOK VALUE

At 31st December 2024

235,000

429,473

7,143

671,616

At 31st December 2023

159,205

572,630

8,600

740,435

Included in cost or valuation of land and buildings is freehold land of £ 235,000 (2023 - £ 159,205 ) which is not depreciated.

Cost or valuation at 31st December 2024 is represented by:

Freehold

Motor

property

lorries

Equipment

Totals

£

£

£

£

Valuation in 2020

15,000

-

-

15,000

Valuation in 2024

75,795

-

-

75,795

Cost

144,205

1,278,358

63,089

1,485,652

235,000

1,278,358

63,089

1,576,447

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

280,557

290,133

Other debtors

167,119

101,559

447,676

391,692

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

56,134

10,000

Hire purchase contracts

136,274

162,579

Trade creditors

110,574

133,525

Taxation and social security

144,558

131,739

Other creditors

5,462

7,186

453,002

445,029

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

5,115

15,000

Hire purchase contracts

115,345

242,100

120,460

257,100

8.

RESERVES

Revaluation

reserve

£

At 1st January 2024

12,150

Property revaluation

56,846

At 31st December 2024

68,996

9.	ULTIMATE CONTROLLING PARTY

The controlling party is D Smith, D Brown and D Friel as they co-operate to exercise control.