Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1true2022-05-01falseNo description of principal activity1true 03421680 2022-05-01 2023-04-30 03421680 2021-05-01 2022-04-30 03421680 2023-04-30 03421680 2022-04-30 03421680 c:Director1 2022-05-01 2023-04-30 03421680 d:CurrentFinancialInstruments 2023-04-30 03421680 d:CurrentFinancialInstruments 2022-04-30 03421680 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 03421680 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 03421680 d:ShareCapital 2023-04-30 03421680 d:ShareCapital 2022-04-30 03421680 d:RetainedEarningsAccumulatedLosses 2023-04-30 03421680 d:RetainedEarningsAccumulatedLosses 2022-04-30 03421680 c:FRS102 2022-05-01 2023-04-30 03421680 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 03421680 c:FullAccounts 2022-05-01 2023-04-30 03421680 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure
Registered number: 03421680


GOLD CREST TRANSPORT LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 APRIL 2023

 
GOLD CREST TRANSPORT LIMITED
REGISTERED NUMBER: 03421680

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
5,895
20,132

Cash at bank and in hand
 5 
10,133
22,775

  
16,028
42,907

Creditors: amounts falling due within one year
 6 
(8,610)
(35,490)

Net current assets
  
 
 
7,418
 
 
7,417

Total assets less current liabilities
  
7,418
7,417

  

Net assets
  
7,418
7,417


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
7,416
7,415

  
7,418
7,417


Page 1

 
GOLD CREST TRANSPORT LIMITED
REGISTERED NUMBER: 03421680
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M T Hartshorne
Director

Date: 11 September 2023

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
GOLD CREST TRANSPORT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

Gold Crest Transport Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is Holiday House, Valley Drive, Ilkley, West Yorkshire, LS29 8PB.
The nature of the company's operations and principal activities are that of the supplier of transport services to Gold Crest Holidays Limited.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

  
2.2

Turnover

Turnover represents amounts receivable from the sale of transport supplied to it's parent company net of VAT and arises primarily in the United Kingdom. Revenue and expenses relating to transport are taken to the profit and loss account on a departure date basis and the related costs of distribution and of providing the holidays and flights are charged to the profit and loss account on the same basis.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 3

 
GOLD CREST TRANSPORT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
5,196
19,474

Other debtors
699
658

5,895
20,132



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
10,133
22,775

10,133
22,775



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
8,610
35,166

VAT Control Account
-
324

8,610
35,490





7.


Related party transactions

As at 30 April 2023, the company was owed £5,196 (2022: £19,474) by Gold Crest Holidays Limited, a company in which M Hartshorne also serves as a director.

Page 4

 
GOLD CREST TRANSPORT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

8.


Controlling party

The ultimate parent company is Gold Crest Holidays Limited, a company registered in England and Wales.
Gold Crest Holidays Limited is controlled by R C W Rigg, a director, by virtue of a controlling interest of 76% of the issued ordinary share capital.

 
Page 5