Faulkner Transport Haulage Limited - Accounts to registrar (filleted) - small 17.3

Faulkner Transport Haulage Limited - Accounts to registrar (filleted) - small 17.3


IRIS Accounts Production v17.3.1.106 05913619 director 1.9.16 31.8.17 31.8.17 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure059136192016-08-31059136192017-08-31059136192016-09-012017-08-31059136192015-08-31059136192015-09-012016-08-31059136192016-08-3105913619ns15:EnglandWales2016-09-012017-08-3105913619ns14:PoundSterling2016-09-012017-08-3105913619ns10:Director12016-09-012017-08-3105913619ns10:PrivateLimitedCompanyLtd2016-09-012017-08-3105913619ns10:SmallEntities2016-09-012017-08-3105913619ns10:AuditExempt-NoAccountantsReport2016-09-012017-08-3105913619ns10:SmallCompaniesRegimeForDirectorsReport2016-09-012017-08-3105913619ns10:SmallCompaniesRegimeForAccounts2016-09-012017-08-3105913619ns10:FullAccounts2016-09-012017-08-310591361912016-09-012017-08-3105913619ns10:OrdinaryShareClass12016-09-012017-08-3105913619ns10:RegisteredOffice2016-09-012017-08-3105913619ns5:CurrentFinancialInstruments2017-08-3105913619ns5:CurrentFinancialInstruments2016-08-3105913619ns5:Non-currentFinancialInstruments2017-08-3105913619ns5:Non-currentFinancialInstruments2016-08-3105913619ns5:ShareCapital2017-08-3105913619ns5:ShareCapital2016-08-3105913619ns5:RetainedEarningsAccumulatedLosses2017-08-3105913619ns5:RetainedEarningsAccumulatedLosses2016-08-3105913619ns5:NetGoodwill2016-09-012017-08-3105913619ns5:IntangibleAssetsOtherThanGoodwill2016-09-012017-08-3105913619ns5:NetGoodwill2016-08-3105913619ns5:NetGoodwill2017-08-3105913619ns5:NetGoodwill2016-08-3105913619ns5:PlantMachinery2016-08-3105913619ns5:PlantMachinery2016-09-012017-08-3105913619ns5:PlantMachinery2017-08-3105913619ns5:PlantMachinery2016-08-3105913619ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-08-3105913619ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-08-3105913619ns10:OrdinaryShareClass12017-08-3105913619ns5:RetainedEarningsAccumulatedLosses2016-08-3105913619ns5:RetainedEarningsAccumulatedLosses2016-09-012017-08-31


REGISTERED NUMBER: 05913619 (England and Wales)















Financial Statements for the Year Ended 31 August 2017

for

Faulkner Transport Haulage Limited

Faulkner Transport Haulage Limited (Registered number: 05913619)






Contents of the Financial Statements
for the Year Ended 31 August 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Faulkner Transport Haulage Limited

Company Information
for the Year Ended 31 August 2017







DIRECTOR: S D Faulkner





REGISTERED OFFICE: 83 Arundale
Mansfield Woodhouse
MANSFIELD
Nottinghamshire
NG19 9RE





REGISTERED NUMBER: 05913619 (England and Wales)





ACCOUNTANTS: PR Financial Services
13 Stoneyford Road
Sutton in Ashfield
Nottinghamshire
NG17 4DA

Faulkner Transport Haulage Limited (Registered number: 05913619)

Balance Sheet
31 August 2017

31.8.17 31.8.16
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,600 7,700
Tangible assets 5 126,107 168,145
132,707 175,845

CURRENT ASSETS
Debtors 6 67,946 71,861
Cash at bank and in hand 396,436 340,403
464,382 412,264
CREDITORS
Amounts falling due within one year 7 275,891 292,301
NET CURRENT ASSETS 188,491 119,963
TOTAL ASSETS LESS CURRENT
LIABILITIES

321,198

295,808

CREDITORS
Amounts falling due after more than one
year

8

22,341

60,945
NET ASSETS 298,857 234,863

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 10 297,857 233,863
SHAREHOLDERS' FUNDS 298,857 234,863

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 in accordance with Section 476 of the Companies Act 2006.

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.

Faulkner Transport Haulage Limited (Registered number: 05913619)

Balance Sheet - continued
31 August 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 29 March 2018 and were signed by:





S D Faulkner - Director


Faulkner Transport Haulage Limited (Registered number: 05913619)

Notes to the Financial Statements
for the Year Ended 31 August 2017

1. STATUTORY INFORMATION

Faulkner Transport Haulage Limited 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Vehicles & Equipment - 25% RB

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2016
and 31 August 2017 11,000
AMORTISATION
At 1 September 2016 3,300
Charge for year 1,100
At 31 August 2017 4,400
NET BOOK VALUE
At 31 August 2017 6,600
At 31 August 2016 7,700

Faulkner Transport Haulage Limited (Registered number: 05913619)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2017

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2016
and 31 August 2017 235,980
DEPRECIATION
At 1 September 2016 67,835
Charge for year 42,038
At 31 August 2017 109,873
NET BOOK VALUE
At 31 August 2017 126,107
At 31 August 2016 168,145

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.17 31.8.16
£    £   
Trade debtors 52,946 62,734
Other debtors 15,000 9,127
67,946 71,861

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.17 31.8.16
£    £   
Hire purchase contracts 37,686 35,757
Trade creditors 15,421 49,737
Taxation and social security 49,700 34,264
Other creditors 173,084 172,543
275,891 292,301

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.17 31.8.16
£    £   
Hire purchase contracts 22,341 60,945

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.8.17 31.8.16
value: £    £   
1,000 Ordinary 1 1,000 1,000

Faulkner Transport Haulage Limited (Registered number: 05913619)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2017

10. RESERVES
Retained
earnings
£   

At 1 September 2016 233,863
Profit for the year 85,594
Dividends (21,600 )
At 31 August 2017 297,857