Scanlan's Light Haulage Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09448155

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,089,907		419,494

			1,089,907		419,494
CURRENT ASSETS
Debtors	5	370,851		236,334
Cash at bank and in hand		681,962		708,594

		1,052,813		944,928
Creditors: Amounts Falling Due Within One Year	6	(359,022 )		(293,271 )

NET CURRENT ASSETS (LIABILITIES)			693,791		651,657

TOTAL ASSETS LESS CURRENT LIABILITIES			1,783,698		1,071,151

Creditors: Amounts Falling Due After More Than One Year	7		(565,068 )		(56,332 )

NET ASSETS			1,218,630		1,014,819

CAPITAL AND RESERVES
Called up share capital	9		10		10
Profit and Loss Account			1,218,620		1,014,809

SHAREHOLDERS' FUNDS			1,218,630		1,014,819

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Scanlan's Light Haulage Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

K P Scanlan Director	C R Scanlan Director
18 November 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Scanlan's Light Haulage Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09448155 . The registered office is 45 City Road, Chester, CH1 3AE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The presentational currency is £ Sterling and all amounts are rounded to the nearest £.

2.2. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	33% on cost
Motor Vehicles	25% on net book value
Property Improvements	2% on cost

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

2.6. Pensions

The company makes contributions into employees' defined pension contribution schemes. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 43 (2024: 39)

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Scanlan's Light Haulage Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Property Improvements	Total
	£	£	£	£
Cost
As at 1 March 2024	7,061	976,776	-	983,837
Additions	2,449	942,881	71,582	1,016,912
Disposals	-	(21,745 )	-	(21,745 )

As at 28 February 2025	9,510	1,897,912	71,582	1,979,004

Depreciation
As at 1 March 2024	6,409	557,934	-	564,343
Provided during the period	1,241	339,299	1,432	341,972
Disposals	-	(17,218 )	-	(17,218 )

As at 28 February 2025	7,650	880,015	1,432	889,097

Net Book Value
As at 28 February 2025	1,860	1,017,897	70,150	1,089,907

As at 1 March 2024	652	418,842	-	419,494

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	247,137	134,760
Other debtors	123,714	101,574

	370,851	236,334

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	230,132	40,676
Trade creditors	44,596	26,125
Other creditors	6,711	4,304
Taxation and social security	77,583	222,166

	359,022	293,271

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	565,068	56,332

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Scanlan's Light Haulage Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	230,132	40,676
Later than one year and not later than five years	565,068	56,332

	795,200	97,008

	795,200	97,008

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10	10

10. Related Party Transactions

The directors have made an interest free loan available to the company of £188 (2024 - £445) which is repayable on demand.

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