Company Registration No. 07901226 (England and Wales)
C A B TRANSPORT LIMITED
Unaudited accounts
for the year ended 31 March 2022
C A B TRANSPORT LIMITED
Unaudited accounts
Contents
C A B TRANSPORT LIMITED
Company Information
for the year ended 31 March 2022
Directors
Adrian Boulby
Christopher Boulby
Kim Boulby
Company Number
07901226 (England and Wales)
Registered Office
44 MAPLE CROFT CRESCENT
WINCOBANK
SHEFFIELD
S9 1DN
Accountants
DEO Financial Ltd
1 Vale Road
Rotherham
South Yorkshire
S65 4DD
C A B TRANSPORT LIMITED
Accountants' report
Accountants' report to the board of directors of C A B TRANSPORT LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 March 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
C A B TRANSPORT LIMITED for the year ended
31 March 2022 as set out on pages
5 -
8 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 C A B TRANSPORT LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of C A B TRANSPORT LIMITED 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 C A B TRANSPORT LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that C A B TRANSPORT LIMITED 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 C A B TRANSPORT LIMITED. You consider that C A B TRANSPORT LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of C A B TRANSPORT LIMITED. 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.
DEO Financial Ltd
1 Vale Road
Rotherham
South Yorkshire
S65 4DD
5 September 2022
C A B TRANSPORT LIMITED
Statement of financial position
as at 31 March 2022
Tangible assets
137,692
183,582
Cash at bank and in hand
109,100
99,861
Creditors: amounts falling due within one year
(323,538)
(297,279)
Net current liabilities
(97,930)
(83,910)
Total assets less current liabilities
39,762
99,672
Creditors: amounts falling due after more than one year
(12,604)
(87,604)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
897
11,968
Shareholders' funds
997
12,068
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 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 5 September 2022 and were signed on its behalf by
Adrian Boulby
Director
Company Registration No. 07901226
C A B TRANSPORT LIMITED
Notes to the Accounts
for the year ended 31 March 2022
C A B TRANSPORT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07901226. The registered office is 44 MAPLE CROFT CRESCENT, WINCOBANK, SHEFFIELD, S9 1DN.
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.
These financial statements for the year ended 31 March 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2020.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
C A B TRANSPORT LIMITED
Notes to the Accounts
for the year ended 31 March 2022
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2021
3,989
404,703
1,407
410,099
At 31 March 2022
3,989
404,703
1,407
410,099
At 1 April 2021
2,722
222,773
1,022
226,517
Charge for the year
310
45,484
96
45,890
At 31 March 2022
3,032
268,257
1,118
272,407
At 31 March 2022
957
136,446
289
137,692
At 31 March 2021
1,267
181,930
385
183,582
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
112,008
109,008
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
43,333
13,429
Obligations under finance leases and hire purchase contracts
25,000
40,417
Trade creditors
53,572
29,553
Taxes and social security
18,822
26,522
Loans from directors
136,056
163,799
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
12,604
37,604
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
C A B TRANSPORT LIMITED
Notes to the Accounts
for the year ended 31 March 2022
9
Average number of employees
During the year the average number of employees was 8 (2021: 8).