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REGISTERED NUMBER: 05592009 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

STANSTED TRANSPORT LIMITED

STANSTED TRANSPORT LIMITED (REGISTERED NUMBER: 05592009)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 DECEMBER 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STANSTED TRANSPORT LIMITED

COMPANY INFORMATION
for the Year Ended 31 DECEMBER 2021







DIRECTORS: Mr N Petroni
Ms M S Taverniti





REGISTERED OFFICE: 260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL





REGISTERED NUMBER: 05592009 (England and Wales)





ACCOUNTANTS: Foxley Kingham
Chartered Accountants
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL

STANSTED TRANSPORT LIMITED (REGISTERED NUMBER: 05592009)

BALANCE SHEET
31 DECEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 52,079 52,079
Investments 5 427,330 427,330
479,409 479,409

CURRENT ASSETS
Debtors 6 818,746 106,698
Cash at bank 25,544 829
844,290 107,527
CREDITORS
Amounts falling due within one year 7 1,131,744 388,350
NET CURRENT LIABILITIES (287,454 ) (280,823 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

191,955

198,586

CREDITORS
Amounts falling due after more than one
year

8

40,000

45,000
NET ASSETS 151,955 153,586

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 151,855 153,486
SHAREHOLDERS' FUNDS 151,955 153,586

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

STANSTED TRANSPORT LIMITED (REGISTERED NUMBER: 05592009)

BALANCE SHEET - continued
31 DECEMBER 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 10 August 2022 and were signed on its behalf by:





Mr N Petroni - Director


STANSTED TRANSPORT LIMITED (REGISTERED NUMBER: 05592009)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 DECEMBER 2021

1. STATUTORY INFORMATION

Stansted Transport 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Given the ongoing COVID-19 pandemic, which has seen widespread economic disruption across the globe, the possibility of operational disruption is heightened. However, on the basis that it's impact will be temporary, the accounts have been prepared on a going concern basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided

Tangible fixed assets are measured at cost and depreciated in line with the depreciation policies mentioned.

The freehold property is being depreciated to it's estimated residual value over it's deemed useful economic life. The directors believe the residual value to be at least the current carrying value in these accounts and therefore, depreciation would be negligible. The maintenance costs are charged to the profit and loss account in the year incurred. The directors review the estimated residual value at the end of each accounting period.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Fixed asset investments
The fixed asset investments are stated at cost less any permanent diminution in value.

Operating leases
Rentals paid under operating leases are charged to the profit and loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

STANSTED TRANSPORT LIMITED (REGISTERED NUMBER: 05592009)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 DECEMBER 2021

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 January 2021
and 31 December 2021 52,079
NET BOOK VALUE
At 31 December 2021 52,079
At 31 December 2020 52,079

Included in cost of land and buildings is freehold land of £ 52,079 (2020 - £ 52,079 ) which is not depreciated.

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2021
and 31 December 2021 427,330
NET BOOK VALUE
At 31 December 2021 427,330
At 31 December 2020 427,330

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Amounts owed by group 712,048 -
Amounts owed by related party 106,599 106,599
Other debtors 99 99
818,746 106,698

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 10,000 5,000
Trade creditors 4,961 2,560
Amounts owed to group undertakings 1,052,192 269,189
VAT 3,163 9,866
Other creditors 59,815 93,109
Accrued expenses 1,613 8,626
1,131,744 388,350

STANSTED TRANSPORT LIMITED (REGISTERED NUMBER: 05592009)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 DECEMBER 2021

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2021 2020
£    £   
Bank loans 10,000 10,000
Bank loans - 2-5 years 30,000 30,000
Bank loans more than 5 years - 5,000
40,000 45,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years - 5,000

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
100 Ordinary shares £1 100 100

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms M S Taverniti.