ARW Trucking Ltd - Filleted accounts

Registered number

09420406

ARW Trucking Ltd

Filleted Accounts

28 February 2025

ARW Trucking Ltd
Registered number:		09420406
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		185,440			172,800

Current assets
Debtors	4	67,109			35,389
Cash at bank and in hand		34,270			88,251
		101,379			123,640

Creditors: amounts falling due within one year	5	(71,506)			(45,868)

Net current assets			29,873			77,772

Total assets less current liabilities			215,313			250,572

Creditors: amounts falling due after more than one year	6		(32,320)			(84,790)



Net assets			182,993			165,782

Capital and reserves
Called up share capital			3			3
Profit and loss account			182,990			165,779

Shareholder's funds			182,993			165,782

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Alan Woodhouse
Director
Approved by the board on 1 April 2025

ARW Trucking Ltd
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	20% on reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		4		3


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 March 2024				270,000
	Additions				59,000
	At 28 February 2025				329,000

	Depreciation
	At 1 March 2024				97,200
	Charge for the year				46,360
	At 28 February 2025				143,560

	Net book value
	At 28 February 2025				185,440
	At 29 February 2024				172,800


4	Debtors		2025		2024
£				£

	Trade debtors		36,047		28,639
	Other debtors		31,062		6,750
			67,109		35,389


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Obligations under finance lease and hire purchase contracts		52,470		32,320
	Trade creditors		6,693		2,552
	Taxation and social security costs		11,661		10,777
	Other creditors		682		219
			71,506		45,868


6	Creditors: amounts falling due after one year		2025		2024
£				£

	Obligations under finance lease and hire purchase contracts		32,320		84,790


7	Other information

	ARW Trucking Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	16 Thorns Road
	Brierley Hill
	West Midlands
	DY5 2JT