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REGISTERED NUMBER: 07575105 (England and Wales)


Financial Statements for the Year Ended 28 February 2023

for

Aykam Transport Limited

Aykam Transport Limited (Registered number: 07575105)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Aykam Transport Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mr Varinderpal Singh Gill





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 07575105 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Aykam Transport Limited (Registered number: 07575105)

Statement of Financial Position
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 16,722 22,296

CURRENT ASSETS
Debtors 5 43,363 50,363
Cash at bank and in hand 15,190 48,388
58,553 98,751
CREDITORS
Amounts falling due within one year 6 39,475 60,269
NET CURRENT ASSETS 19,078 38,482
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,800

60,778

CREDITORS
Amounts falling due after more than one
year

7

26,355

30,022
NET ASSETS 9,445 30,756

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 9,435 30,746
SHAREHOLDERS' FUNDS 9,445 30,756

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Aykam Transport Limited (Registered number: 07575105)

Statement of Financial Position - continued
28 February 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2023 and were signed by:





Mr Varinderpal Singh Gill - Director


Aykam Transport Limited (Registered number: 07575105)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Aykam Transport Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 4 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 March 2022
and 28 February 2023 91,822
DEPRECIATION
At 1 March 2022 69,526
Charge for year 5,574
At 28 February 2023 75,100
NET BOOK VALUE
At 28 February 2023 16,722
At 28 February 2022 22,296

Aykam Transport Limited (Registered number: 07575105)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 43,363 50,363

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 5,301 2,044
Taxation and social security 25,649 38,245
Other creditors 8,525 19,980
39,475 60,269

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans 26,355 30,022

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
10 Ordinary £1 10 10