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Registered number: 13148925
Sidhu & Sons Haulage Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Genio Accountants
33a Portsmouth Road
Southampton
Hampshire
SO19 9BA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13148925
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 23,327 25,477
23,327 25,477
CURRENT ASSETS
Debtors 5 7,073 250
Cash at bank and in hand 13,481 7,834
20,554 8,084
Creditors: Amounts Falling Due Within One Year 6 (17,020 ) (37,604 )
NET CURRENT ASSETS (LIABILITIES) 3,534 (29,520 )
TOTAL ASSETS LESS CURRENT LIABILITIES 26,861 (4,043 )
NET ASSETS/(LIABILITIES) 26,861 (4,043 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 26,761 (4,143 )
SHAREHOLDERS' FUNDS 26,861 (4,043)
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For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 J Sidhu
Director
28th October 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Sidhu & Sons Haulage Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13148925 . The registered office is 33a Portsmouth Road, Southampton, Hampshire, SO19 9BA.
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 20% straight line
Motor Vehicles 25% straight line
Computer Equipment 33% reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2025 4,596 52,769 816 58,181
Additions - 6,400 2,773 9,173
As at 31 January 2026 4,596 59,169 3,589 67,354
Depreciation
As at 1 February 2025 2,758 29,130 816 32,704
Provided during the period 919 9,480 924 11,323
As at 31 January 2026 3,677 38,610 1,740 44,027
Net Book Value
As at 31 January 2026 919 20,559 1,849 23,327
As at 1 February 2025 1,838 23,639 - 25,477
5. Debtors
2026 2025
£ £
Due within one year
Other debtors - 250
Director's loan account 7,073 -
7,073 250
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors - 16,400
Corporation tax 2,271 -
Other taxes and social security 2,021 484
VAT 11,228 10,199
Accruals and deferred income 1,500 1,758
Director's loan account - 8,763
17,020 37,604
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2025 Amounts advanced Amounts repaid Amounts written off As at 31 January 2026
£ £ £ £ £
Mr Jaslove Sidhu - 6,315 - - 6,315
The above loan is unsecured, interest free and repayable on demand.
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