Registration number: 08904843

SSG Haulage Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

SSG Haulage Limited

Company Information

Director

R M Parton

Registered office

The Oaklands Station Road Admaston Telford Shropshire TF5 0AN

Accountants

CBSL Accountants Limited Chartered Accountants Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

SSG Haulage Limited

(Registration number: 08904843)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	493,721	715,808
Current assets
Debtors	5	51,214	62,006
Cash at bank and in hand		80	508
		51,294	62,514
Creditors: Amounts falling due within one year	6	(899,296)	(966,348)
Net current liabilities		(848,002)	(903,834)
Total assets less current liabilities		(354,281)	(188,026)
Creditors: Amounts falling due after more than one year	6	(221,577)	(322,043)
Net liabilities		(575,858)	(510,069)
Capital and reserves
Called up share capital	7	1	1
Retained earnings		(575,859)	(510,070)
Shareholders' deficit		(575,858)	(510,069)

For the financial year ending 31 December 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 December 2025
 

R M Parton Director

SSG Haulage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Oaklands
Station Road
Admaston
Telford
Shropshire
TF5 0AN

The principal place of business is:
Bridgwalton Quarry
Telegraph Lane
Morville
Bridgnorth
Shropshire
WV16 6TY

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

In the opinion of the director, continued financial support will be available such that the company will continue to trade and satisfy its financial commitments.

On the basis of this opinion, the financial statements have been prepared on a going concern basis. If, for whatever reason, the necessary financial support is not forthcoming then this basis may be inappropriate.

SSG Haulage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% straight line
Fixtures and fittings	33% straight line
Motor vehicles	20% straight line
Garage	20% straight line

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

SSG Haulage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 8 (2023 - 9).

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 January 2024	62,496	1,524,733	56,674	1,643,903
Additions	1,474	16,047	-	17,521
Disposals	(292)	(158,980)	(17,625)	(176,897)
Transfers	12,360	-	(12,360)	-
At 31 December 2024	76,038	1,381,800	26,689	1,484,527
Depreciation
At 1 January 2024	42,041	834,521	51,533	928,095
Charge for the year	6,646	217,859	1,133	225,638
Eliminated on disposal	(292)	(145,011)	(17,624)	(162,927)
Transfers	12,360	-	(12,360)	-
At 31 December 2024	60,755	907,369	22,682	990,806
Carrying amount
At 31 December 2024	15,283	474,431	4,007	493,721
At 31 December 2023	20,455	690,212	5,141	715,808

Included in the carrying value of tangible assets are assets held under finance leases with a net book value at the year end of £451,997 (2023 - £655,255). The depreciation charge for the year on these assets amounted to £171,554 (2023 - £203,228).

SSG Haulage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

5

Debtors

	2024 £	2023 £
Prepayments	51,214	62,006
	51,214	62,006

6

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	8	166,816	260,254
Trade creditors		22,035	29,546
Amounts owed to group undertakings and undertakings in which the company has a participating interest	9	420,534	389,635
Taxation and social security		85,894	41,289
Accruals and deferred income		3,597	4,684
Other creditors		200,420	240,940
		899,296	966,348

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings	8	221,577	322,043

SSG Haulage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1

8	Loans and borrowings

Non-current loans and borrowings

	2024 £	2023 £
Hire purchase contracts	221,577	322,043

Current loans and borrowings

	2024 £	2023 £
Hire purchase contracts	166,816	260,254

The finance lease liabilities are secured.

9	Related party transactions

Summary of transactions with entities with joint control or significant interest

The director has an interest in the share capital of Salop Sand & Gravel Supply Company Limited, Salop Sand and Gravel Limited and in The Mortar and Screed Company Limited.
 
At 31 December 2024 there was a balance of £194,675 (2023 - £234,652) due to these related parties, which is included in Other creditors.
 

10	Parent and ultimate parent undertaking

The company's immediate parent is S S G Investments Holdings Limited, incorporated in England and Wales.

 The ultimate parent is S S G Quarries Limited, incorporated in England and Wales.

  These financial statements are available upon request from Companies House.