Company Registration No. 11364208 (England and Wales)
Geach Haulage Limited
Unaudited accounts
for the year ended 31 March 2021
Geach Haulage Limited
Unaudited accounts
Contents
Geach Haulage Limited
Company Information
for the year ended 31 March 2021
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 2021
Tangible assets
79,623
55,997
Cash at bank and in hand
21,679
2,673
Creditors: amounts falling due within one year
(124,006)
(47,400)
Net current liabilities
(30,394)
(1,796)
Total assets less current liabilities
49,229
54,201
Creditors: amounts falling due after more than one year
(19,974)
(30,390)
Called up share capital
1
1
Profit and loss account
29,254
23,810
Shareholders' funds
29,255
23,811
For the year ending 31 March 2021 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 7 December 2021 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 2021
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 2020
4,366
1,105
62,250
580
1,464
69,765
Additions
2,120
1,626
37,840
-
760
42,346
At 31 March 2021
6,486
2,731
100,090
580
2,224
112,111
At 1 April 2020
73
247
13,107
98
243
13,768
Charge for the year
515
623
16,998
-
584
18,720
At 31 March 2021
588
870
30,105
98
827
32,488
At 31 March 2021
5,898
1,861
69,985
482
1,397
79,623
At 31 March 2020
4,293
858
49,143
482
1,221
55,997
Geach Haulage Limited
Notes to the Accounts
for the year ended 31 March 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
62,327
34,091
Accrued income and prepayments
9,606
6,176
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
32,500
-
Trade creditors
28,199
18,193
Taxes and social security
1,253
(91)
Loans from directors
55,889
29,190
7
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
19,974
30,390
8
Average number of employees
During the year the average number of employees was 3 (2020: 2).