REGISTERED NUMBER: 07530171 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

JCP HAULAGE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J C Peach

Mrs C A Peach

REGISTERED OFFICE:

Hollytree Farm

Harlthorpe

Selby

North Yorkshire

YO8 6DW

REGISTERED NUMBER:

07530171 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

Equinox House

Clifton Park, Shipton Road

York

Yorkshire

YO30 5PA

FIXED ASSETS

Tangible assets

4

419,488

444,319

CURRENT ASSETS

Stocks

3,295

3,775

Debtors

5

23,877

32,977

Cash at bank

2,476

-

29,648

36,752

CREDITORS

Amounts falling due within one year

6

68,116

80,264

NET CURRENT LIABILITIES

(38,468

)

(43,512

)

TOTAL ASSETS LESS CURRENT LIABILITIES

381,020

400,807

CREDITORS

Amounts falling due after more than one year

7

(80,432

)

(100,334

)

PROVISIONS FOR LIABILITIES

(50,275

)

(56,483

)

NET ASSETS

250,313

243,990

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

250,213

243,890

250,313

243,990

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 1 October 2025 and were signed on its behalf by:

Mr J C Peach - Director

Mrs C A Peach - Director

1.	STATUTORY INFORMATION

JCP 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.

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.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

10% 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 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.

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.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 March 2024

218,386

278,838

497,224

Additions

-

52,035

52,035

Disposals

-

(60,092

)

(60,092

)

At 28 February 2025

218,386

270,781

489,167

DEPRECIATION

At 1 March 2024

-

52,905

52,905

Charge for year

-

28,656

28,656

Eliminated on disposal

-

(11,882

)

(11,882

)

At 28 February 2025

-

69,679

69,679

NET BOOK VALUE

At 28 February 2025

218,386

201,102

419,488

At 29 February 2024

218,386

225,933

444,319

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

20,259

21,823

Other debtors

3,618

11,154

23,877

32,977

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,554

15,990

Hire purchase contracts

25,336

29,103

Trade creditors

5,308

1,280

Taxation and social security

9,005

9,354

Other creditors

17,913

24,537

68,116

80,264

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

52,221

53,006

Hire purchase contracts

28,211

47,328

80,432

100,334

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2025 and 29 February 2024:

2025

2024

£

£

Mr J C Peach and Mrs C A Peach

Balance outstanding at start of year

(23,052

)

(31,316

)

Amounts advanced

33,619

39,519

Amounts repaid

(26,994

)

(31,255

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(16,427

)

(23,052

)

9.	RELATED PARTY DISCLOSURES

Dividends totalling £1,000 (2024 - £2,000) were paid in the year in respect of shares held by the company's directors.