Alan Bradford Haulage Limited - Accounts to registrar (filleted) - small 18.2
Alan Bradford Haulage Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 August 2020 |
| for |
| Alan Bradford Haulage Limited |
| Alan Bradford Haulage Limited (Registered number: 07001189) |
| Contents of the Financial Statements |
| for the Year Ended 31 August 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Alan Bradford Haulage Limited |
| Company Information |
| for the Year Ended 31 August 2020 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| Alan Bradford Haulage Limited (Registered number: 07001189) |
| Balance Sheet |
| 31 August 2020 |
| 31.8.20 | 31.8.19 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | 8 |
| SHAREHOLDERS' FUNDS |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Alan Bradford Haulage Limited (Registered number: 07001189) |
| Notes to the Financial Statements |
| for the Year Ended 31 August 2020 |
| 1. | STATUTORY INFORMATION |
| Alan Bradford Haulage Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Plant and machinery | - |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Alan Bradford Haulage Limited (Registered number: 07001189) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2020 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Computer |
| machinery | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 September 2019 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 August 2020 |
| DEPRECIATION |
| At 1 September 2019 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 August 2020 |
| NET BOOK VALUE |
| At 31 August 2020 |
| At 31 August 2019 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.20 | 31.8.19 |
| £ | £ |
| Trade debtors |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.20 | 31.8.19 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Tax |
| Social security and other taxes |
| VAT | 9,855 | 9,875 |
| Directors' loan accounts | 1,670 | 782 |
| Accrued expenses |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.8.20 | 31.8.19 |
| £ | £ |
| Hire purchase contracts |
| Alan Bradford Haulage Limited (Registered number: 07001189) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2020 |
| 8. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 September 2019 |
| Profit for the year |
| Dividends | ( |
) |
| At 31 August 2020 |
| 9. | CONTINGENT LIABILITIES |
| As far as the directors are aware they have not entered into any contracts which could give rise to a contingent liability. |
| 10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| As at 31st August 2020, the directors are owed £1,670 by the company. This amount being shown as directors loan account in the creditors due within one year note to the accounts. |
| An interim dividend was voted during the year totalling £53,000, with the amount attributable to each director being £26,500 |
| 11. | ULTIMATE CONTROLLING PARTY |
| The controlling party is A J Bradford. |
| For the whole of the year the company was effectively under the control of Alan Bradford, a director and equal shareholder of the company. |