REGISTERED NUMBER: 04851383 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Richard Bull, Livestock Haulage Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R D Bull

SECRETARY:

R D Bull

REGISTERED OFFICE:

21 Gold Tops

Newport

South Wales

NP20 4PG

REGISTERED NUMBER:

04851383 (England and Wales)

ACCOUNTANTS:

Guilfoyle Sage LLP

21 Gold Tops

Newport

South Wales

NP20 4PG

FIXED ASSETS

Tangible assets

5

986,966

912,019

CURRENT ASSETS

Stocks

6

12,780

12,690

Debtors

7

980,141

499,806

Cash at bank

1,363,073

1,807,473

2,355,994

2,319,969

CREDITORS

Amounts falling due within one year

8

1,891,262

1,959,395

NET CURRENT ASSETS

464,732

360,574

TOTAL ASSETS LESS CURRENT LIABILITIES

1,451,698

1,272,593

CREDITORS

Amounts falling due after more than one year

9

(3,066

)

(37,853

)

PROVISIONS FOR LIABILITIES

(74,891

)

(68,878

)

NET ASSETS

1,373,741

1,165,862

CAPITAL AND RESERVES

Called up share capital

11

1

1

Retained earnings

12

1,373,740

1,165,861

SHAREHOLDERS' FUNDS

1,373,741

1,165,862

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 May 2026 and were signed by:

R D Bull - Director

1.	STATUTORY INFORMATION

Richard Bull, Livestock Haulage Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on the going concern basis as the director believes that the company will be able to obtain sufficient funding to secure the continued financing of the company's activities for the foreseeable future.

Turnover

Items of income are recognised in the financial statements, net of applicable VAT, when the risks and rewards of ownership have passed to the consumer or when the service has been provided and the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on cost, 15% on cost and 10% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 11 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 August 2024

549,504

1,386,289

1,935,793

Additions

142,163

18,500

160,663

At 31 July 2025

691,667

1,404,789

2,096,456

DEPRECIATION

At 1 August 2024

-

1,023,774

1,023,774

Charge for year

4,265

81,451

85,716

At 31 July 2025

4,265

1,105,225

1,109,490

NET BOOK VALUE

At 31 July 2025

687,402

299,564

986,966

At 31 July 2024

549,504

362,515

912,019

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 August 2024

and 31 July 2025

522,450

DEPRECIATION

At 1 August 2024

387,440

Charge for year

54,068

At 31 July 2025

441,508

NET BOOK VALUE

At 31 July 2025

80,942

At 31 July 2024

135,010

6.

STOCKS

31.7.25

31.7.24

£

£

Work-in-progress

12,780

12,690

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

-

112,953

Amounts owed by group undertakings

965,966

371,614

Other debtors

14,175

15,239

980,141

499,806

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

223,618

233,970

Hire purchase contracts

36,786

60,120

Trade creditors

1,275,581

1,293,316

Taxation and social security

248,376

177,721

Other creditors

106,901

194,268

1,891,262

1,959,395

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Hire purchase contracts

3,066

37,853

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

£

Bank loans

223,618

233,970

Hire purchase contracts

39,852

97,973

263,470

331,943

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

1

Ordinary

£1

1

1

12.

RESERVES

Retained

earnings

£

At 1 August 2024

1,165,861

Profit for the year

257,879

Dividends

(50,000

)

At 31 July 2025

1,373,740