P J Edwards Haulage Limited - Accounts to registrar (filleted) - small 18.2
P J Edwards Haulage Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 MARCH 2019 |
| FOR |
| P J EDWARDS HAULAGE LIMITED |
| P J EDWARDS HAULAGE LIMITED (REGISTERED NUMBER: 04331686) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 MARCH 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| P J EDWARDS HAULAGE LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 MARCH 2019 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Charlton House |
| Dour Street |
| DOVER |
| Kent |
| CT16 1BL |
| P J EDWARDS HAULAGE LIMITED (REGISTERED NUMBER: 04331686) |
| BALANCE SHEET |
| 30 MARCH 2019 |
| 30.3.19 | 30.3.18 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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. |
| P J EDWARDS HAULAGE LIMITED (REGISTERED NUMBER: 04331686) |
| BALANCE SHEET - continued |
| 30 MARCH 2019 |
| The financial statements were approved by the director on |
| P J EDWARDS HAULAGE LIMITED (REGISTERED NUMBER: 04331686) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 MARCH 2019 |
| 1. | STATUTORY INFORMATION |
| P J Edwards Haulage Limited is a |
| 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 (£). |
| The company's business address is Pony Park, Canterbury Road, Challock, Ashford, Kent, TN25 4DL. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Goodwill |
| Goodwill, being the amount paid in connection with the acquisition of a business in 2010, has been fully |
| amortised. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost |
| less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Freehold property | - |
| Plant and machinery | - |
| Motor vehicles | - |
| Computer equipment | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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. |
| 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. |
| P J EDWARDS HAULAGE LIMITED (REGISTERED NUMBER: 04331686) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 MARCH 2019 |
| 2. | ACCOUNTING POLICIES - continued |
| Going concern |
| The financial statements have been prepared on a going concern basis. This basis is considered to be appropriate |
| as the company receives the support of its director and the bank. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 31 March 2018 |
| and 30 March 2019 |
| AMORTISATION |
| At 31 March 2018 |
| and 30 March 2019 |
| NET BOOK VALUE |
| At 30 March 2019 |
| At 30 March 2018 |
| 5. | TANGIBLE FIXED ASSETS |
| Freehold | Plant and | Motor | Computer |
| property | machinery | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 31 March 2018 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 30 March 2019 |
| DEPRECIATION |
| At 31 March 2018 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 30 March 2019 |
| NET BOOK VALUE |
| At 30 March 2019 |
| At 30 March 2018 |
| P J EDWARDS HAULAGE LIMITED (REGISTERED NUMBER: 04331686) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 MARCH 2019 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.3.19 | 30.3.18 |
| £ | £ |
| Trade debtors |
| Directors' current accounts | - | 20,663 |
| Tax |
| Prepayments |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.3.19 | 30.3.18 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Social security and other taxes |
| VAT | 35,352 | 44,082 |
| Other creditors |
| Directors' current accounts | 27,409 | - |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30.3.19 | 30.3.18 |
| £ | £ |
| Bank loans - 1-2 years |
| Hire purchase contracts |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 30.3.19 | 30.3.18 |
| £ | £ |
| Bank overdrafts |
| Bank loans |
| There is a fixed and floating charge held over all of the assets and property of the company. |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.3.19 | 30.3.18 |
| value: | £ | £ |
| Ordinary | £1 | 1 | 1 |
| P J EDWARDS HAULAGE LIMITED (REGISTERED NUMBER: 04331686) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 MARCH 2019 |
| 11. | RELATED PARTY DISCLOSURES |
| During the year the director withdrew amounts totalling £89,552 (2018 - £59,924) from the company and paid in |
| amounts of £137,624 (2018 - £50,230). At the year end the company owed the director £27,409 (2018 - £20,663 |
| due to the company). |