Company Registration No. 08397314 (England and Wales)
L J Baalham Transport Limited
Unaudited accounts
for the year ended 31 March 2025
L J Baalham Transport Limited
Unaudited accounts
Contents
L J Baalham Transport Limited
Company Information
for the year ended 31 March 2025
Director
Lee James Baalham
Company Number
08397314 (England and Wales)
Registered Office
WHISPER COTTAGE DUKE STREET
HINTLESHAM
IPSWICH
SUFFOLK
IP8 3PW
Accountants
Gibbon Business Solutions Limited
17a The Green
Hadleigh
Ipswich
Suffolk
IP7 6AE
L J Baalham Transport Limited
Statement of financial position
as at 31 March 2025
Tangible assets
87,438
114,735
Cash at bank and in hand
62,167
52,700
Creditors: amounts falling due within one year
(67,367)
(56,166)
Net current assets
72
5,877
Total assets less current liabilities
87,510
120,612
Creditors: amounts falling due after more than one year
(34,119)
(60,258)
Provisions for liabilities
Deferred tax
(16,615)
(21,892)
Called up share capital
100
100
Profit and loss account
36,676
38,362
Shareholders' funds
36,776
38,462
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 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 6 December 2025 and were signed on its behalf by
Lee James Baalham
Director
Company Registration No. 08397314
L J Baalham Transport Limited
Notes to the Accounts
for the year ended 31 March 2025
L J Baalham Transport Limited is a private company, limited by shares, registered in England and Wales, registration number 08397314. The registered office is WHISPER COTTAGE DUKE STREET, HINTLESHAM, IPSWICH, SUFFOLK, IP8 3PW.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Intangible fixed assets
Goodwill
Goodwill is being amortised over 10 years
L J Baalham Transport Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
191,203
1,017
192,220
Disposals
(39,950)
-
(39,950)
At 31 March 2025
192,781
1,017
193,798
At 1 April 2024
76,814
671
77,485
Charge for the year
28,767
108
28,875
At 31 March 2025
105,581
779
106,360
At 31 March 2025
87,200
238
87,438
At 31 March 2024
114,389
346
114,735
Amounts falling due within one year
Accrued income and prepayments
5,272
453
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
8,628
8,349
Obligations under finance leases and hire purchase contracts
15,860
15,860
Trade creditors
2,445
2,435
Taxes and social security
8,443
10,345
Loans from directors
17,725
13,699
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
31,079
46,940
9
Average number of employees
During the year the average number of employees was 1 (2024: 3).