Company Registration No. 10001936 (England and Wales)
BEST HAULAGE LTD
Unaudited accounts
for the period from 12 February 2019 to 31 January 2020
BEST HAULAGE LTD
Unaudited accounts
Contents
BEST HAULAGE LTD
Company Information
for the period from 12 February 2019 to 31 January 2020
Directors
Dominik Cyngier
Przemyslaw Hajduk
Company Number
10001936 (England and Wales)
Registered Office
3 SNOWDEN HILL
NORTHFLEET
DA11 9AE
ENGLAND
Accountants
Dorota Cukierska
204
Parrock Street
Gravesend
Kent
DA12 1EW
BEST HAULAGE LTD
Accountants' report
Accountants' report to the board of directors of BEST HAULAGE LTD on the preparation of the unaudited statutory accounts for the period from 12 February 2019 to 31 January 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
BEST HAULAGE LTD for the period from
12 February 2019 to
31 January 2020 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of BEST HAULAGE LTD, as a body, in accordance with the terms of our engagement letter dated 14 July 2016. Our work has been undertaken solely to prepare for your approval the accounts of BEST HAULAGE LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BEST HAULAGE LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that BEST HAULAGE LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of BEST HAULAGE LTD. You consider that BEST HAULAGE LTD is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of BEST HAULAGE LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Dorota Cukierska
204
Parrock Street
Gravesend
Kent
DA12 1EW
6 January 2021
BEST HAULAGE LTD
Statement of financial position
as at
31 January 2020
Tangible assets
143,792
117,543
Creditors: amounts falling due within one year
(25,643)
(29,539)
Net current liabilities
(3,487)
(11,673)
Total assets less current liabilities
140,305
105,870
Creditors: amounts falling due after more than one year
(142,803)
(105,178)
Net (liabilities)/assets
(2,498)
692
Called up share capital
2
2
Profit and loss account
(2,500)
690
Shareholders' funds
(2,498)
692
For the period ending 31 January 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 January 2021 and were signed on its behalf by
Przemyslaw Hajduk
Director
Company Registration No. 10001936
BEST HAULAGE LTD
Notes to the Accounts
for the period from 12 February 2019 to 31 January 2020
BEST HAULAGE LTD is a private company, limited by shares, registered in England and Wales, registration number 10001936. The registered office is 3 SNOWDEN HILL, NORTHFLEET, DA11 9AE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
BEST HAULAGE LTD
Notes to the Accounts
for the period from 12 February 2019 to 31 January 2020
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 12 February 2019
185,600
935
186,535
Additions
74,000
180
74,180
At 31 January 2020
259,600
1,115
260,715
At 12 February 2019
68,544
448
68,992
Charge for the period
47,764
167
47,931
At 31 January 2020
116,308
615
116,923
At 31 January 2020
143,292
500
143,792
At 11 February 2019
117,056
487
117,543
Trade debtors
16,061
17,866
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
7,393
22,668
Trade creditors
1,180
2,797
Taxes and social security
1,794
-
Proposed dividends
-
3,000
Loans from directors
15,276
1,074
7
Creditors: amounts falling due after more than one year
2020
2019
Obligations under finance leases and hire purchase contracts
142,803
105,178
8
Average number of employees
During the period the average number of employees was 7 (2019: 7).