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Company Registration No. 13269716 (England and Wales)
F AND S TRANSPORT SOLUTIONS LTD Unaudited accounts for the year ended 31 March 2023
F AND S TRANSPORT SOLUTIONS LTD Unaudited accounts Contents
Page
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F AND S TRANSPORT SOLUTIONS LTD Company Information for the year ended 31 March 2023
Directors
David John Sippitts Christopher Jon Flattery
Company Number
13269716 (England and Wales)
Registered Office
12 BERKELEY CLOSE REDDITCH B98 0QB ENGLAND
Accountants
AC Counts & Services Ltd Office 42 Imex Business Centre, Oxleasow Road Redditch Worcestershire B98 0RE
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F AND S TRANSPORT SOLUTIONS LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,392 
23,790 
Current assets
Debtors
4,899 
23,220 
Cash at bank and in hand
7,119 
3,606 
12,018 
26,826 
Creditors: amounts falling due within one year
(7,355)
(8,961)
Net current assets
4,663 
17,865 
Total assets less current liabilities
11,055 
41,655 
Creditors: amounts falling due after more than one year
(25,000)
(35,245)
Net (liabilities)/assets
(13,945)
6,410 
Capital and reserves
Profit and loss account
(13,945)
6,410 
Shareholders' funds
(13,945)
6,410 
For the year ending 31 March 2023 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 9 November 2023 and were signed on its behalf by
David John Sippitts Director Company Registration No. 13269716
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F AND S TRANSPORT SOLUTIONS LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
F AND S TRANSPORT SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 13269716. The registered office is 12 BERKELEY CLOSE, REDDITCH, B98 0QB, ENGLAND.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
20% Reducing Balance Method
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2022
27,740 
Disposals
(19,750)
At 31 March 2023
7,990 
Depreciation
At 1 April 2022
3,950 
Charge for the year
1,598 
On disposals
(3,950)
At 31 March 2023
1,598 
Net book value
At 31 March 2023
6,392 
At 31 March 2022
23,790 
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F AND S TRANSPORT SOLUTIONS LTD Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,045 
23,220 
Amounts falling due after more than one year
Other debtors
854 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
4,714 
5,790 
Trade creditors
320 
2,079 
Taxes and social security
882 
- 
Loans from directors
644 
312 
Accruals
795 
780 
7,355 
8,961 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
15,245 
Loans from directors
25,000 
20,000 
25,000 
35,245 
8
Transactions with related parties
At the year end, there was a balance of £13500 owed to David Sippitts & £6500 owed to Christopher Flattery.
9
Average number of employees
During the year the average number of employees was 2 (2022: 0).
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