COMPANY REGISTRATION NUMBER:
SC614281
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JHP Transport (Holdings) Limited |
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Filleted Unaudited Abridged Financial Statements |
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JHP Transport (Holdings) Limited |
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Abridged Financial Statements |
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Year ended 30 November 2024
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Abridged statement of financial position |
1 |
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Notes to the abridged financial statements |
3 |
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JHP Transport (Holdings) Limited |
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Abridged Statement of Financial Position (continued) |
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30 November 2024
Capital and reserves
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Called up share capital |
110 |
110 |
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Profit and loss account |
235,065 |
249,585 |
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--------- |
--------- |
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Shareholder funds |
235,175 |
249,695 |
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--------- |
--------- |
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These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 30 November 2024 in accordance with Section 444(2A) of the Companies Act 2006.
These abridged financial statements were approved by the
board of directors
and authorised for issue on
28 November 2025
, and are signed on behalf of the board by:
Company registration number:
SC614281
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JHP Transport (Holdings) Limited |
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Notes to the Abridged Financial Statements |
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Year ended 30 November 2024
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is The Mechanics Workshop, New Lanark, Lanark, ML11 9DB.
2.
Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated abridged financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Employee numbers
The average number of persons employed by the company during the year, including the director, amounted to Nil (2023: Nil).
5.
Investments
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£ |
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Cost |
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At 1 December 2023 and 30 November 2024 |
118 |
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---- |
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Impairment |
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At 1 December 2023 and 30 November 2024 |
– |
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---- |
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Carrying amount |
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At 30 November 2024 |
118 |
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---- |
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At 30 November 2023 |
118 |
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---- |
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6.
Director's advances, credits and guarantees
During the year the director withdrew £40,000 (2023 - £105,000) from the company and introduced £50,000 (2023 - £105,000). There was a balance of £10,200 (2023 - £200) due to the director at the year end.