REGISTERED NUMBER: 04640021 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Omega Haulage Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L J Brumpton

Mrs L A Brumpton

I J Brumpton

SECRETARY:

Mrs L A Brumpton

REGISTERED OFFICE:

117-119 Cleethorpe Road

Grimsby

N E Lincolnshire

DN31 3ET

REGISTERED NUMBER:

04640021 (England and Wales)

FIXED ASSETS

Tangible assets

4

149

188

CURRENT ASSETS

Debtors

5

188,127

192,517

Cash at bank

2,496

2,119

190,623

194,636

CREDITORS

Amounts falling due within one year

6

22,843

24,116

NET CURRENT ASSETS

167,780

170,520

TOTAL ASSETS LESS CURRENT LIABILITIES

167,929

170,708

PROVISIONS FOR LIABILITIES

-

36

NET ASSETS

167,929

170,672

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

166,929

169,672

SHAREHOLDERS' FUNDS

167,929

170,672

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 31 October 2025 and were signed on its behalf by:

Mrs L A Brumpton - Director

1.	STATUTORY INFORMATION

Omega 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.	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.

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

-

25% on reducing balance

Motor vehicles

-

25% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 February 2024

and 31 January 2025

14,001

14,449

28,450

DEPRECIATION

At 1 February 2024

13,859

14,403

28,262

Charge for year

28

11

39

At 31 January 2025

13,887

14,414

28,301

NET BOOK VALUE

At 31 January 2025

114

35

149

At 31 January 2024

142

46

188

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Inter company loan account

188,086

192,471

Tax

(16

)

-

VAT

57

46

188,127

192,517

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

340

378

Tax

-

2,113

Directors' loan accounts

21,125

20,325

Accrued expenses

1,378

1,300

22,843

24,116

7.	CONTINGENT LIABILITIES

As far as the directors are aware, they have not entered into any contracts which could give rise to a contingent liability.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25

31.1.24

£

£

L J Brumpton

Balance outstanding at start of year

(8,241

)

(7,387

)

Amounts advanced

126

146

Amounts repaid

(500

)

(1,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(8,615

)

(8,241

)

Mrs L A Brumpton

Balance outstanding at start of year

(9,034

)

(8,180

)

Amounts advanced

126

146

Amounts repaid

(500

)

(1,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(9,408

)

(9,034

)

I J Brumpton

Balance outstanding at start of year

(3,049

)

(2,944

)

Amounts repaid

(53

)

(105

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,102

)

(3,049

)

As at 31st January 2025, the directors are owed £21,125 by the company. This amount being shown as directors loan accounts in the creditors due within one year note to the accounts.

9.	ULTIMATE CONTROLLING PARTY

For the whole of the year the company was effectively under the equal control of L.J. and Mrs L.A. Brumpton both directors and majority shareholders of the company.