Company Registration No. 09882272 (England and Wales)
MAK Haulage Limited
Unaudited accounts
for the year ended 30 April 2025
MAK Haulage Limited
Unaudited accounts
Contents
MAK Haulage Limited
Company Information
for the year ended 30 April 2025
Company Number
09882272 (England and Wales)
Registered Office
16 VAUXHALL ROAD
BOSTON
LINCOLNSHIRE
PE21 0JB
ENGLAND
Accountants
Westlands Chartered Accountants
McMillan House
6 Wolfreton Drive
Anlaby
East Riding of Yorkshire
HU10 7BY
MAK Haulage Limited
Statement of financial position
as at 30 April 2025
Tangible assets
836,473
500,787
Cash at bank and in hand
5,161
5,279
Creditors: amounts falling due within one year
(597,033)
(343,317)
Net current (liabilities)/assets
(299,600)
57,140
Total assets less current liabilities
536,873
557,927
Creditors: amounts falling due after more than one year
(266,106)
(305,308)
Net assets
270,767
252,619
Called up share capital
100
100
Profit and loss account
270,667
252,519
Shareholders' funds
270,767
252,619
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 June 2025 and were signed on its behalf by
Mr M Kuksov
Director
Company Registration No. 09882272
MAK Haulage Limited
Notes to the Accounts
for the year ended 30 April 2025
MAK Haulage Limited is a private company, limited by shares, registered in England and Wales, registration number 09882272. The registered office is 16 VAUXHALL ROAD, BOSTON, LINCOLNSHIRE, PE21 0JB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
15% straight line
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
MAK Haulage Limited
Notes to the Accounts
for the year ended 30 April 2025
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Tangible fixed assets
Motor vehicles
At 30 April 2025
1,074,955
Charge for the year
53,981
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
471,859
249,200
Amounts falling due within one year
Trade debtors
266,095
381,504
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
156,247
206,240
Other creditors
440,786
137,077
Security of £169,204 (2024:£51,444) has been given for creditors held on finances leases due with one year.
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
266,106
305,308
Security of £266,106 (2024: £145,755) has been given for creditors held on finances leases due after one year
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Transactions with related parties
At the balance sheet date the company owed Mr M Kuksov £124,171 (2024:£39,795), by the way of an interest free loan, the loan is repayable upon demand.
MAK Haulage Limited
Notes to the Accounts
for the year ended 30 April 2025
The company is under the control of Mr M Kuksov, the sole director and shareholder of the company.
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Average number of employees
During the year the average number of employees was 1 (2024: 1).