REGISTERED NUMBER: 02597876 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2016

FOR

A. AND D. HAULAGE (TELFORD) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Smith

Mrs D Friel

D Brown

SECRETARY:

Mrs D Friel

REGISTERED OFFICE:

Unit B3 Court Works

Bridgnorth Road

Madeley

Telford

Shropshire

TF7 4JB

REGISTERED NUMBER:

02597876 (England and Wales)

ACCOUNTANTS:

D E Ball & Co Limited

Chartered Accountants

15 Bridge Road

Wellington

Telford

Shropshire

TF1 1EB

FIXED ASSETS

Tangible assets

4

308,815

346,396

CURRENT ASSETS

Stocks

14,000

14,000

Debtors

5

325,838

352,659

Cash at bank and in hand

2,275

4,010

342,113

370,669

CREDITORS

Amounts falling due within one year

6

321,286

362,318

NET CURRENT ASSETS

20,827

8,351

TOTAL ASSETS LESS CURRENT LIABILITIES

329,642

354,747

CREDITORS

Amounts falling due after more than one year

7

(84,134

)

(153,355

)

PROVISIONS FOR LIABILITIES

(3,485

)

(6,007

)

NET ASSETS

242,023

195,385

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

241,923

195,285

SHAREHOLDERS' FUNDS

242,023

195,385

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2016 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors on 30th August 2017 and were signed on its behalf by:

D Smith - Director

1.	STATUTORY INFORMATION

A. and D. Haulage (Telford) 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

4% on cost

Motor lorries

-

25% on reducing balance

Equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

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.

Deferred taxation

The accounting policy in respect of deferred tax has been changed to reflect the requirements of FRSSE

(effective June 2002). Provision is made at current rates for tax deferred in respect of all material timing

differences. The company has not adpoted a policy of discounting deferred tax assets and liabilities.

As the effect of the change in the accounting policy is not significant a prior period adjustment is not required.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 .

4.	TANGIBLE FIXED ASSETS

Freehold

Motor

property

lorries

Equipment

Totals

£

£

£

£

COST

At 1st January 2016

144,205

431,484

43,658

619,347

Additions

-

49,250

4,293

53,543

Disposals

-

(52,752

)

-

(52,752

)

At 31st December 2016

144,205

427,982

47,951

620,138

DEPRECIATION

At 1st January 2016

48,472

195,868

28,611

272,951

Charge for year

5,768

67,578

3,817

77,163

Eliminated on disposal

-

(38,791

)

-

(38,791

)

At 31st December 2016

54,240

224,655

32,428

311,323

NET BOOK VALUE

At 31st December 2016

89,965

203,327

15,523

308,815

At 31st December 2015

95,733

235,616

15,047

346,396

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

lorries

£

COST

At 1st January 2016

and 31st December 2016

220,327

DEPRECIATION

At 1st January 2016

66,657

Charge for year

38,418

At 31st December 2016

105,075

NET BOOK VALUE

At 31st December 2016

115,252

At 31st December 2015

153,670

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade debtors

233,891

263,525

Other debtors

91,947

89,134

325,838

352,659

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Bank loans and overdrafts

30,603

40,571

Hire purchase contracts

42,930

42,930

Trade creditors

107,427

150,925

Taxation and social security

136,323

124,379

Other creditors

4,003

3,513

321,286

362,318

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.16

31.12.15

£

£

Bank loans

11,803

26,027

Hire purchase contracts

72,331

114,181

Other creditors

-

13,147

84,134

153,355

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.16

31.12.15

£

£

Bank overdrafts

20,603

30,571

Bank loans

21,803

36,027

Hire purchase contracts

115,261

157,111

157,667

223,709

9.	ULTIMATE CONTROLLING PARTY

The controlling party is D Smith, D Brown and D Friel as they co-operate to exercise control.