1 December 2023 false No description of principal activity Taxfiler 2024.6 07731692business:PrivateLimitedCompanyLtd2023-12-012024-11-30 077316922023-11-30 077316922023-12-012024-11-30 07731692business:AuditExemptWithAccountantsReport2023-12-012024-11-30 07731692business:FilletedAccounts2023-12-012024-11-30 077316922024-11-30 07731692business:Director12023-12-012024-11-30 07731692business:RegisteredOffice2023-12-012024-11-30 077316922023-11-30 07731692core:WithinOneYear2024-11-30 07731692core:WithinOneYear2023-11-30 07731692core:AfterOneYear2024-11-30 07731692core:AfterOneYear2023-11-30 07731692core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 07731692core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 07731692core:RevaluationReservecore:PreviouslyStatedAmount2024-11-30 07731692core:RevaluationReservecore:PreviouslyStatedAmount2023-11-30 07731692core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 07731692core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 07731692core:PreviouslyStatedAmount2024-11-30 07731692core:PreviouslyStatedAmount2023-11-30 07731692business:SmallEntities2023-12-012024-11-30 07731692countries:EnglandWales2023-12-012024-11-30 07731692core:PlantMachinery2023-12-012024-11-30 07731692core:PlantMachinery2023-11-30 07731692core:PlantMachinery2024-11-30 077316922022-12-012023-11-30 iso4217:GBP xbrli:pure
Company Registration No. 07731692 (England and Wales)
Gaga Haulage Ltd Unaudited accounts for the year ended 30 November 2024
Gaga Haulage Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Gaga Haulage Ltd Company Information for the year ended 30 November 2024
Director
Ionel Vilciu
Company Number
07731692 (England and Wales)
Registered Office
2 LANES AVENUE NORTHFLEET DA11 7HR UNITED KINGDOM
Accountants
Anit Shah MAAT Laxmi Accountancy Ltd 27 Belvedere Way Harrow Middlesex HA3 9XQ
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Gaga Haulage Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,211,142 
1,382,428 
Current assets
Debtors
5
240,066 
202,305 
Cash at bank and in hand
12,805 
711,318 
252,871 
913,623 
Creditors: amounts falling due within one year
6
(345,535)
(660,201)
Net current (liabilities)/assets
(92,664)
253,422 
Total assets less current liabilities
1,118,478 
1,635,850 
Creditors: amounts falling due after more than one year
7
- 
(222,544)
Net assets
1,118,478 
1,413,306 
Capital and reserves
Called up share capital
1,000 
1,000 
Revaluation reserve
(194,042)
- 
Profit and loss account
1,311,520 
1,412,306 
Shareholders' funds
1,118,478 
1,413,306 
For the year ending 30 November 2024 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 30 November 2024 and were signed on its behalf by
Ionel Vilciu Director Company Registration No. 07731692
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Gaga Haulage Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Gaga Haulage Ltd is a private company, limited by shares, registered in England and Wales, registration number 07731692. The registered office is 2 LANES AVENUE, NORTHFLEET, DA11 7HR, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
20%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2023
2,216,267 
Additions
131,500 
At 30 November 2024
2,347,767 
Depreciation
At 1 December 2023
833,839 
Charge for the year
302,786 
At 30 November 2024
1,136,625 
Net book value
At 30 November 2024
1,211,142 
At 30 November 2023
1,382,428 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
240,066 
179,588 
Other debtors
- 
22,717 
240,066 
202,305 
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Gaga Haulage Ltd Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
20,049 
35,219 
VAT
17,801 
3,321 
Obligations under finance leases and hire purchase contracts
246,367 
425,760 
Trade creditors
47,185 
49,168 
Amounts owed to group undertakings and other participating interests
11,997 
66,733 
Taxes and social security
2,136 
- 
Other creditors
- 
80,000 
345,535 
660,201 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
23,250 
Obligations under finance leases and hire purchase contracts
- 
199,294 
- 
222,544 
8
Average number of employees
During the year the average number of employees was 8 (2023: 4).
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