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Registered number: 05391624
Andy Loads Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Ads Accountants
Certified Practising Accountants
117 Dartford Road
Dartford
Kent
DA1 3EN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05391624
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,715 3,620
2,715 3,620
CURRENT ASSETS
Debtors 5 270,434 433,234
Cash at bank and in hand 48,892 69
319,326 433,303
Creditors: Amounts Falling Due Within One Year 6 (217,752 ) (312,667 )
NET CURRENT ASSETS (LIABILITIES) 101,574 120,636
TOTAL ASSETS LESS CURRENT LIABILITIES 104,289 124,256
Creditors: Amounts Falling Due After More Than One Year 7 - (11,896 )
NET ASSETS 104,289 112,360
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 104,287 112,358
SHAREHOLDERS' FUNDS 104,289 112,360
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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.
The member has 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.
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
Mr Justin Spellar
Director
08/12/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Andy Loads Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05391624 . The registered office is 119 Dartford Road, Dartford, DA1 3EN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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:
Motor Vehicles 25%
2.4. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
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4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 April 2024 27,120
As at 31 March 2025 27,120
Depreciation
As at 1 April 2024 23,500
Provided during the period 905
As at 31 March 2025 24,405
Net Book Value
As at 31 March 2025 2,715
As at 1 April 2024 3,620
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 264,673 430,131
Other debtors 5,249 2,233
VAT 512 870
270,434 433,234
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 214,358 293,321
Bank loans and overdrafts - 8,668
Corporation tax 3,010 10,619
Other taxes and social security 384 -
Other creditors - 59
217,752 312,667
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 11,896
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
9. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 20,000 32,200
10. Ultimate Controlling Party
The company's ultimate controlling party is Mr Justin Spellar by virtue of his ownership of 100% of the issued share capital in the company.
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