Company Registration No. 11364208 (England and Wales)
Geach Haulage Limited
Unaudited accounts
for the year ended 31 March 2022
Geach Haulage Limited
Unaudited accounts
Contents
Geach Haulage Limited
Company Information
for the year ended 31 March 2022
Director
Lewis Charles Geach
Company Number
11364208 (England and Wales)
Registered Office
8 Moorland Gate
Heathfield
Newton Abbot
Devon
TQ12 6TX
United Kingdom
Geach Haulage Limited
Statement of financial position
as at
31 March 2022
Tangible assets
179,023
79,623
Cash at bank and in hand
6,650
21,679
Creditors: amounts falling due within one year
(126,776)
(124,006)
Net current liabilities
(24,817)
(30,394)
Total assets less current liabilities
154,206
49,229
Creditors: amounts falling due after more than one year
(138,008)
(19,974)
Called up share capital
1
1
Profit and loss account
16,197
29,254
Shareholders' funds
16,198
29,255
For the year ending 31 March 2022 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 director acknowledges his 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 and authorised for issue on 13 December 2022 and were signed on its behalf by
Lewis Charles Geach
Director
Company Registration No. 11364208
Geach Haulage Limited
Notes to the Accounts
for the year ended 31 March 2022
Geach Haulage Limited is a private company, limited by shares, registered in England and Wales, registration number 11364208. The registered office is 8 Moorland Gate, Heathfield, Newton Abbot, Devon, TQ12 6TX, United Kingdom.
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 year, 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:
Land & buildings
10% straight line
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
30% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2021
6,486
2,731
100,090
580
2,224
112,111
Additions
-
373
139,000
-
1,245
140,618
Disposals
-
-
(28,250)
-
-
(28,250)
At 31 March 2022
6,486
3,104
210,840
580
3,469
224,479
At 1 April 2021
588
870
30,105
98
827
32,488
Charge for the year
649
898
28,866
-
836
31,249
On disposals
-
-
(18,281)
-
-
(18,281)
At 31 March 2022
1,237
1,768
40,690
98
1,663
45,456
At 31 March 2022
5,249
1,336
170,150
482
1,806
179,023
At 31 March 2021
5,898
1,861
69,985
482
1,397
79,623
Geach Haulage Limited
Notes to the Accounts
for the year ended 31 March 2022
Amounts falling due within one year
Trade debtors
83,047
62,327
Accrued income and prepayments
12,262
9,606
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
27,083
32,500
Trade creditors
27,771
28,199
Taxes and social security
10,185
1,253
Other creditors
(2,349)
301
Loans from directors
56,260
55,889
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
138,008
19,974
8
Average number of employees
During the year the average number of employees was 5 (2021: 3).