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Company Registration No. 12981818 (England and Wales)
MVS TRANSPORTATION LIMITED Unaudited accounts for the year ended 31 October 2022
MVS TRANSPORTATION LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MVS TRANSPORTATION LIMITED Company Information for the year ended 31 October 2022
Director
Marvin Levy
Company Number
12981818 (England and Wales)
Registered Office
39 Whitechapel Street Nottingham NG6 0HG
Accountants
Syed & Co 33 Bentinck Road Nottingham NG7 4AA
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MVS TRANSPORTATION LIMITED Statement of financial position as at 31 October 2022
2022
2021
Notes
£
£
Fixed assets
Tangible assets
4
7,129
7,200
Current assets
Debtors
5
11,597
5,514
Cash at bank and in hand
166
1,097
11,763
6,611
Creditors: amounts falling due within one year
6
(7,318)
(4,876)
Net current assets
4,445
1,735
Net assets
11,574
8,935
Capital and reserves
Called up share capital
1
1
Profit and loss account
11,573
8,934
Shareholders' funds
11,574
8,935
For the year ending 31 October 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 3 October 2023 and were signed on its behalf by
Marvin Levy Director Company Registration No. 12981818
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MVS TRANSPORTATION LIMITED Notes to the Accounts for the year ended 31 October 2022
1
Statutory information
MVS TRANSPORTATION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12981818. The registered office is 39 Whitechapel Street, Nottingham, NG6 0HG .
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
Reducing balance at 20%
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 November 2021
9,000
Additions
1,659
At 31 October 2022
10,659
Depreciation
At 1 November 2021
1,800
Charge for the year
1,730
At 31 October 2022
3,530
Net book value
At 31 October 2022
7,129
At 31 October 2021
7,200
5
Debtors
2022
2021
£
£
Amounts falling due within one year
Other debtors
11,597
5,514
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MVS TRANSPORTATION LIMITED Notes to the Accounts for the year ended 31 October 2022
6
Creditors: amounts falling due within one year
2022
2021
£
£
Trade creditors
365
-
Taxes and social security
635
407
Other creditors
3,910
3,350
Loans from directors
2,408
1,119
7,318
4,876
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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