CT TRANS LTD

Company Registration Number:
12428922 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

CT TRANS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

CT TRANS LTD

Company Information

for the Period Ended 31 January 2023




Director: Catalin Paun
Registered office: 280
Rainham Road
Rainham
England
RM13 7TL
Company Registration Number: 12428922 (England and Wales)

CT TRANS LTD

Directors' Report Period Ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Principal Activities

Freight transport by road

Directors

The directors shown below have held office during the whole of the period from 01 February 2022 to 31 January 2023
Catalin Paun

This report was approved by the board of directors on 15 November 2023
And Signed On Behalf Of The Board By:

Name: Catalin Paun
Status: Director

CT TRANS LTD

Profit and Loss Account

for the Period Ended 31 January 2023


Notes

2023
£

2022
£
Turnover 324,748 79,545
Cost of sales ( 140,789 ) ( 34,272 )
Gross Profit or (Loss) 183,959 45,273
Administrative Expenses ( 181,177 ) ( 42,708 )
Operating Profit or (Loss) 2,782 2,565
Profit or (Loss) Before Tax 2,782 2,565
Tax on Profit ( 528 ) -
Profit or (Loss) for Period 2,254 2,565

The notes form part of these financial statements

CT TRANS LTD

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 5 100 100
Tangible assets: 6 36,359 0
Total fixed assets: 36,459 100
Current assets
Cash at bank and in hand: 13,206 18,134
Total current assets: 13,206 18,134
Creditors: amounts falling due within one year: 7 ( 11,134 )
Net current assets (liabilities): 2,072 18,134
Total assets less current liabilities: 38,531 18,234
Creditors: amounts falling due after more than one year: 8 ( 35,649 )
Provision for liabilities: ( 15,569 )
Total net assets (liabilities): 2,882 2,665

The notes form part of these financial statements

CT TRANS LTD

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 9 2,782 2,565
Shareholders funds: 2,882 2,665

For the year ending 31 January 2023 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 15 November 2023
And Signed On Behalf Of The Board By:

Name: Catalin Paun
Status: Director

The notes form part of these financial statements

CT TRANS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 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

    Tangible fixed assets depreciation policy

    Property, Plant and Equipment outlines the accounting treatment for most types of property, plant and equipment. Property, plant and equipment is initially measured at its cost, subsequently measured either using a cost or revaluation model, and depreciated so that its depreciable amount is allocated on a systematic basis over its useful life.

    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.

CT TRANS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

CT TRANS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

CT TRANS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Dividends


2023
£

2022
£
Dividends paid 2,253

CT TRANS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Intangible assets

Goodwill Total
Cost £ £
At 01 February 2022 100 100
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2023 100 100
Amortisation
Amortisation at 01 February 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 January 2023 - -
Net book value
Net book value at 31 January 2023 100 100
Net book value at 31 January 2022 100 100

CT TRANS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

6. Tangible assets

Motor vehicles Total
Cost £ £
At 01 February 2022 - -
Additions 48,478 48,478
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2023 48,478 48,478
Depreciation
At 01 February 2022 - -
Charge for year 12,119 12,119
On disposals - -
Other adjustments - -
At 31 January 2023 12,119 12,119
Net book value
At 31 January 2023 36,359 36,359
At 31 January 2022 - -

CT TRANS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Other creditors 11,134
Total 11,134

CT TRANS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

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


2023
£

2022
£
Amounts due under finance leases and hire purchase contracts 35,649
Total 35,649

CT TRANS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

9. Revaluation reserve


2023
£
Balance at 01 February 2022 2,565
Surplus or deficit after revaluation 217
Balance at 31 January 2023 2,782