S.A.M.S LIGHT HAULAGE LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S J Smith

M A Smith

REGISTERED OFFICE:

Granby Works

Stanley Road

BRADFORD

BD2 1AS

REGISTERED NUMBER:

07368450 (England and Wales)

ACCOUNTANTS:

Wilkinson and Partners

Chartered Accountants

Fairfax House

6a Mill Field Road

Cottingley Business Park

Bradford

West Yorkshire

BD16 1PY

FIXED ASSETS

Tangible assets

4

116,039

159,349

CURRENT ASSETS

Debtors

5

206,322

192,022

Cash at bank

93,893

68,363

300,215

260,385

CREDITORS

Amounts falling due within one year

6

205,435

166,339

NET CURRENT ASSETS

94,780

94,046

TOTAL ASSETS LESS CURRENT LIABILITIES

210,819

253,395

CREDITORS

Amounts falling due after more than one year

7

(74,156

)

(146,300

)

PROVISIONS FOR LIABILITIES

9

(22,047

)

(30,276

)

NET ASSETS

114,616

76,819

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

114,516

76,719

SHAREHOLDERS' FUNDS

114,616

76,819

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 2 April 2026 and were signed on its behalf by:

Mrs S J Smith - Director

1.	STATUTORY INFORMATION

S.A.M.S Light Haulage Ltd 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 October 2024

and 30 September 2025

5,261

226,062

1,083

232,406

DEPRECIATION

At 1 October 2024

2,380

69,605

1,072

73,057

Charge for year

720

42,579

11

43,310

At 30 September 2025

3,100

112,184

1,083

116,367

NET BOOK VALUE

At 30 September 2025

2,161

113,878

-

116,039

At 30 September 2024

2,881

156,457

11

159,349

The net book value of tangible fixed assets includes £ 113,878 (2024 - £ 156,457 ) in respect of assets held under hire purchase contracts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

129,667

133,227

Other debtors

74,015

58,795

Prepayments

2,640

-

206,322

192,022

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

5,558

5,554

Hire purchase contracts (see note 8)

35,871

48,854

Trade creditors

42,377

36,401

Tax

27,465

10,715

VAT

23,321

23,844

Other creditors

2,681

1,008

Directors' current accounts

65,265

37,205

Accrued expenses

2,897

2,758

205,435

166,339

Loans from directors are interest free and repayable on demand.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans - 1-2 years

5,556

5,556

Bank loans - 2-5 years

15,278

16,667

Bank loans more 5 yr by instal

-

4,169

Hire purchase contracts (see note 8)

53,322

119,908

74,156

146,300

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

4,169

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30.9.25

30.9.24

£

£

Net obligations repayable:

Within one year

35,871

48,854

Between one and five years

53,322

119,908

89,193

168,762

Non-cancellable

operating leases

30.9.25

30.9.24

£

£

Within one year

9,500

9,500

9.	PROVISIONS FOR LIABILITIES

30.9.25

30.9.24

£

£

Deferred tax

22,047

30,276

Deferred

tax

£

Balance at 1 October 2024

30,276

Accelerated Capital Allowances

(8,229

)

Balance at 30 September 2025

22,047

The entire provision for deferred tax relates to accelerated capital allowances.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

100

Ordinary

£1

100

100