S.J.F. Haulage Ltd - Filleted accounts

S.J.F. Haulage Ltd
Registered number:		04680699
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		67,141			54,450

Current assets
Debtors	4	70,214			73,366
Cash at bank and in hand		87,250			92,380
		157,464			165,746

Creditors: amounts falling due within one year	5	(53,480)			(38,098)

Net current assets			103,984			127,648

Total assets less current liabilities			171,125			182,098

Creditors: amounts falling due after more than one year	6		(6,480)			(12,686)



Net assets			164,645			169,412

Capital and reserves
Called up share capital			2			2
Profit and loss account			164,643			169,410

Shareholders' funds			164,645			169,412

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Stephen John Flear
Director
Approved by the board on 21 November 2025

S.J.F. Haulage Ltd
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.


	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor Vehicles	25% reducing balance
	Plant and machinery	25% reducing balance
	Fixtures, fittings, tools and equipment	25% reducing balance


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			3		4


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 March 2024	30,567		228,860		259,427
	Additions	6,032		32,790		38,822
	Disposals	-		(15,000)		(15,000)
	At 28 February 2025	36,599		246,650		283,249

	Depreciation
	At 1 March 2024	26,273		178,704		204,977
	Charge for the year	2,582		19,799		22,381
	On disposals	-		(11,250)		(11,250)
	At 28 February 2025	28,855		187,253		216,108

	Net book value
	At 28 February 2025	7,744		59,397		67,141
	At 29 February 2024	4,294		50,156		54,450


4	Debtors			2025		2024
£					£

	Trade debtors			65,231		72,707
	Other debtors			4,983		659
				70,214		73,366


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			27,219		14,375
	Taxation and social security costs			23,636		20,951
	Other creditors			2,625		2,772
				53,480		38,098


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			6,480		12,686


7	Controlling party

	During the year the company was wholly under the control of the directors.


8	Other information

	S.J.F. Haulage Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	45 Sheaf Street
	Nediab Accountants
	Daventry
	NN11 4AA