A J Ford Haulage Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04822817

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		73,474		91,334

			73,474		91,334
CURRENT ASSETS
Stocks	5	2,200		2,750
Debtors	6	33,002		42,037
Cash at bank and in hand		4,524		-

		39,726		44,787
Creditors: Amounts Falling Due Within One Year	7	(124,673 )		(122,244 )

NET CURRENT ASSETS (LIABILITIES)			(84,947 )		(77,457 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(11,473 )		13,877

Creditors: Amounts Falling Due After More Than One Year	8		(8,335 )		(18,307 )

NET LIABILITIES			(19,808 )		(4,430 )

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			(19,810 )		(4,432 )

SHAREHOLDERS' FUNDS			(19,808)		(4,430)

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A J Ford Haulage Limited

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 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 directors acknowledge their 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 Adrian Ford

Director

28 April 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

A J Ford Haulage Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04822817 . The registered office is 138 High Street, Crediton, EX17 3DX. The principle place of business is Hillside, Water Lane, Bow, Crediton, EX17 6HA.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. 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.

2.4. 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:

Plant & Machinery	25% Reducing Balance.
Fixtures & Fittings	15% Reducing Balance.

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Financial Instruments

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 the market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

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A J Ford Haulage Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.8. Impairment

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.

2.9. 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:

	2025	2024
All staff	2	2

	2	2

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 August 2024	246,930	2,133	249,063
Additions	1,250	-	1,250
Disposals	(10,000 )	-	(10,000 )

As at 31 July 2025	238,180	2,133	240,313

Depreciation
As at 1 August 2024	156,661	1,068	157,729
Provided during the period	12,809	160	12,969
Disposals	(3,859 )	-	(3,859 )

As at 31 July 2025	165,611	1,228	166,839

Net Book Value
As at 31 July 2025	72,569	905	73,474

As at 1 August 2024	90,269	1,065	91,334

5. Stocks

	2025	2024
	£	£
Materials	2,200	2,750

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	33,002	41,458
VAT	-	579

	33,002	42,037

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A J Ford Haulage Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	1,104
Trade creditors	3,435	2,225
Bank loans and overdrafts	5,131	4,567
VAT	455	-
Directors' loan accounts	115,652	114,348

	124,673	122,244

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	8,335	18,307

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	1,104

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

11. Related Party Transactions

At the year end, 31 July 202 , the company owed the director £115,652 (2024: £114,348) in respect of loans held with the company. These amounts are interest free and repayable on demand.

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