Bennetts Haulage Ltd

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

Registered number: 07528465

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		441,336		445,444

			441,336		445,444
CURRENT ASSETS
Debtors	5	185,517		262,517
Cash at bank and in hand		35,903		27,805

		221,420		290,322
Creditors: Amounts Falling Due Within One Year	6	(1,335,345 )		(1,207,116 )

NET CURRENT ASSETS (LIABILITIES)			(1,113,925 )		(916,794 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(672,589 )		(471,350 )

Creditors: Amounts Falling Due After More Than One Year	7		(72,815 )		(86,806 )

NET LIABILITIES			(745,404 )		(558,156 )

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			(745,405 )		(558,157 )

SHAREHOLDERS' FUNDS			(745,404)		(558,156)

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Bennetts Haulage Ltd

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 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 Mark Bennett

Director

26/05/2026

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

1. General Information

Bennetts Haulage Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07528465 . The registered office is 59 Castle Street, Reading, RG1 7SN.

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:

Plant & Machinery	10% reducing balance
Motor Vehicles	25% reducing balance
Computer Equipment	33.3% straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases 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 contract has been recognised in full at inception of the lease.

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

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2024: 10)

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Bennetts Haulage Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 September 2024	684,883	38,867	2,298	726,048
Additions	91,915	-	-	91,915
Disposals	(45,100 )	-	-	(45,100 )

As at 31 August 2025	731,698	38,867	2,298	772,863

Depreciation
As at 1 September 2024	247,425	30,881	2,298	280,604
Provided during the period	48,927	1,996	-	50,923

As at 31 August 2025	296,352	32,877	2,298	331,527

Net Book Value
As at 31 August 2025	435,346	5,990	-	441,336

As at 1 September 2024	437,458	7,986	-	445,444

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	155,228	253,020
Other debtors	30,289	9,497

	185,517	262,517

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	43,268	27,125
Trade creditors	99,403	96,738
Bank loans and overdrafts	10,000	10,000
Other creditors	321,001	236,918
Directors' loan accounts	861,673	836,335

	1,335,345	1,207,116

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	72,815	76,806
Bank loans	-	10,000

	72,815	86,806

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Bennetts Haulage Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	43,268	27,125
Later than one year and not later than five years	72,815	76,806

	116,083	103,931

	116,083	103,931

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

10. Related Party Transactions

Included in Trade Creditors is an amount of £30,000 owed to Freeway Trading Limited, a company owned and controlled by a related party of the shareholder / director. This was in relation to the acquisition of an asset.

Included in Trade Debtors is an amount of £3,000 owed from Freeway Trading Limited, a company owned and controlled by a related party of the shareholder / director. This was in relation to the disposal of various assets.

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