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COMPANY REGISTRATION NUMBER: 04431564

C C Haulage and Sons Ltd

Filleted Unaudited Financial Statements

31 March 2025

C C Haulage and Sons Ltd

Statement of Financial Position

31 March 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 959,881 | 659,835

Current assets

Debtors | 6 | 682,427 |  | 726,042
Cash at bank and in hand | 274,620 |  | 74,669
| --------- |  | ---------
| 957,047 |  | 800,711

Creditors: amounts falling due within one year | 7 | 448,751 |  | 534,302
| --------- |  | ---------
Net current assets |  | 508,296 | 266,409
|  | ------------ | ---------
Total assets less current liabilities |  | 1,468,177 | 926,244

Creditors: amounts falling due after more than one year | 8 |  | 497,540 | 166,432

Provisions

Taxation including deferred tax |  | 197,460 | 128,051
|  | ------------ | ---------
Net assets |  | 773,177 | 631,761
|  | ------------ | ---------

C C Haulage and Sons Ltd

Statement of Financial Position (continued)

31 March 2025

| 2025 | 2024
Note | £ | £ | £

Capital and reserves

Called up share capital |  | 100 | 100
Profit and loss account |  | 773,077 | 631,661
|  | --------- | ---------
Shareholders funds |  | 773,177 | 631,761
|  | --------- | ---------

These 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 statement of income and retained earnings has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 31 July 2025 , and are signed on behalf of the board by:

Mr C D Clarke | Mrs D J Clarke
Director | Director

Company registration number: 04431564

C C Haulage and Sons Ltd

Notes to the Financial Statements

Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Manor Croft, Colebrooke, Crediton, Devon, EX17 5DL.
2. Statement of compliance
These 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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 20% reducing balance
| Motor | - | 20% reducing balance
| Office equipment | - | 25% reducing balance

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
Defined contribution plans
The pension costs charged in the financial statements represent the contribution payable by the company during the year.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 13 (2024: 12 ).
5. Tangible assets

| Land and buildings | Plant and machinery | Motor vehicles | Office Equipment | Total
| £ | £ | £ | £ | £
Cost |  |  |  |  |
At 1 April 2024 | 19,578 | 25,664 | 1,536,388 | 13,189 | 1,594,819
Additions | – | 3,100 | 551,380 | 3,233 | 557,713
Disposals | – | ( 1,350) | ( 250,755) | ( 636) | ( 252,741)
| -------- | -------- | ------------ | -------- | ------------
At 31 March 2025 | 19,578 | 27,414 | 1,837,013 | 15,786 | 1,899,791
| -------- | -------- | ------------ | -------- | ------------
Depreciation |  |  |  |  |
At 1 April 2024 | – | 18,064 | 906,671 | 10,249 | 934,984
Charge for the year | – | 2,069 | 194,563 | 1,424 | 198,056
Disposals | – | ( 996) | ( 191,975) | ( 159) | ( 193,130)
| -------- | -------- | ------------ | -------- | ------------
At 31 March 2025 | – | 19,137 | 909,259 | 11,514 | 939,910
| -------- | -------- | ------------ | -------- | ------------
Carrying amount |  |  |  |  |
At 31 March 2025 | 19,578 | 8,277 | 927,754 | 4,272 | 959,881
| -------- | -------- | ------------ | -------- | ------------
At 31 March 2024 | 19,578 | 7,600 | 629,717 | 2,940 | 659,835
| -------- | -------- | ------------ | -------- | ------------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 660,248 | 513,542
Other debtors | 22,179 | 212,500
| --------- | ---------
| 682,427 | 726,042
| --------- | ---------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 333,737 | 317,067
Corporation tax | 15,065 | 26,697
Social security and other taxes | 5,069 | 35,954
Other creditors - capital on tap | 3,105 | 11,838
Other creditors | 91,775 | 142,746
| --------- | ---------
| 448,751 | 534,302
| --------- | ---------

8. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Other creditors | 497,540 | 166,432
| --------- | ---------

9. Directors' advances, credits and guarantees
Included in other debtors is director1's loan due to/from the company. Movements in the period were as follows: b/f £4,832 credits £8,281 debits £(17,944) c/f £(4,831) owed from the director. This was fully repaid after the year end. Included in other debtors is director2's loan due to/from the company. Movements in the period were as follows: b/f £5,510 credits £8,020 debits £(15,422) c/f £(1,892) owed from the director. This was fully repaid after the year end.
10. Related party transactions
During the year, a total of £14,600 (2024 £5,700) was paid for rent of business premises to the directors.