LAE TRANS LTD

Company Registration Number:
12196234 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2021

Period of accounts

Start date: 01 October 2020

End date: 30 September 2021

LAE TRANS LTD

Contents of the Financial Statements

for the Period Ended 30 September 2021

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

LAE TRANS LTD

Company Information

for the Period Ended 30 September 2021




Director: LAE, Eugen
Registered office: 241
Mortlake Road
Ilford
United Kingdom
England
IG1 2TD
Company Registration Number: 12196234 (England and Wales)

LAE TRANS LTD

Directors' Report Period Ended 30 September 2021

The directors present their report with the financial statements of the company for the period ended 30 September 2021

Principal Activities

Freight transport by road

Directors

The directors shown below have held office during the whole of the period from 01 October 2020 to 30 September 2021
LAE, Eugen

This report was approved by the board of directors on 7 September 2022
And Signed On Behalf Of The Board By:

Name: LAE, Eugen
Status: Director

LAE TRANS LTD

Profit and Loss Account

for the Period Ended 30 September 2021


Notes

2021
£
13 months to
30 Sep 2020
£
Turnover 29,221 34,262
Cost of sales ( 3,075 ) ( 3,819 )
Gross Profit or (Loss) 26,146 30,443
Administrative Expenses ( 26,997 ) ( 35,326 )
Operating Profit or (Loss) ( 851 ) ( 4,883 )
Profit or (Loss) Before Tax ( 851 ) ( 4,883 )
Profit or (Loss) for Period ( 851 ) ( 4,883 )

The notes form part of these financial statements

LAE TRANS LTD

Balance sheet

As at 30 September 2021


Notes

2021
£
13 months to
30 Sep 2020
£
Fixed assets
Intangible assets: 4 100 100
Total fixed assets: 100 100
Current assets
Cash at bank and in hand: 61 1,832
Total current assets: 61 1,832
Creditors: amounts falling due within one year: 5 ( 912 ) ( 6,715 )
Net current assets (liabilities): ( 851 ) ( 4,883 )
Total assets less current liabilities: ( 751 ) ( 4,783 )
Creditors: amounts falling due after more than one year: 6 ( 47,168 ) ( 49,000 )
Total net assets (liabilities): ( 47,919 ) ( 53,783 )

The notes form part of these financial statements

LAE TRANS LTD

Balance sheet continued

As at 30 September 2021


Notes

2021
£
13 months to
30 Sep 2020
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 7 ( 48,019 ) ( 53,883 )
Shareholders funds: ( 47,919 ) ( 53,783 )

For the year ending 30 September 2021 the company was entitled to exemption 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.

This report was approved by the board of directors on 7 September 2022
And Signed On Behalf Of The Board By:

Name: LAE, Eugen
Status: Director

The notes form part of these financial statements

LAE TRANS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Intangible fixed assets amortisation policy

    Intangible Assets are non-monetary assets which are without physical substance and identifiable (either being separable or arising from contractual or other legal rights). Intangible assets meeting the relevant recognition criteria are initially measured at cost, subsequently measured at cost or using the revaluation model, and amortised on a systematic basis over their useful lives

LAE TRANS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2021

  • 2. Employees


    2021
    13 months to
    30 Sep 2020
    Average number of employees during the period 0 0

LAE TRANS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2021

  • 3. Off balance sheet disclosure

    No

LAE TRANS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2021

4. Intangible assets

Goodwill Total
Cost £ £
At 01 October 2020 100 100
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 September 2021 100 100
Amortisation
Amortisation at 01 October 2020 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 30 September 2021 - -
Net book value
Net book value at 30 September 2021 100 100
Net book value at 30 September 2020 100 100

LAE TRANS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2021

5.Creditors: amounts falling due within one year note


2021
£
13 months to
30 Sep 2020
£
Other creditors 912 6,715
Total 912 6,715

LAE TRANS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2021

6.Creditors: amounts falling due after more than one year


2021
£
13 months to
30 Sep 2020
£
Bank loans and overdrafts 47,168 49,000
Total 47,168 49,000

LAE TRANS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2021

7. Revaluation reserve


2021
£
Balance at 01 October 2020 ( 53,883 )
Surplus or deficit after revaluation 5,864
Balance at 30 September 2021 ( 48,019 )