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REGISTERED NUMBER: 03844702 (England and Wales)












Financial Statements

for the Year Ended 28 February 2023

for

Blue Arrow Transport Limited

Blue Arrow Transport Limited (Registered number: 03844702)






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 3


Blue Arrow Transport Limited

Company Information
for the Year Ended 28 February 2023







Director: Mr M K Puri





Registered office: 110 VIglen House
Alperton Lane
Wembley
Middlesex
HA0 1HD





Registered number: 03844702 (England and Wales)





Accountants: Capital Partners London Ltd
598-608 Chiswick High Road
Ground Floor
London
W4 5RT

Blue Arrow Transport Limited (Registered number: 03844702)

Statement of Financial Position
28 February 2023

28.2.23 28.2.22
Notes £    £   
Assets

Fixed assets
Property, plant and equipment 4 21,038 26,299

Current assets
Debtors 5 96,789 53,202
Cash at bank 77,477 105,630
174,266 158,832
195,304 185,131

Capital, reserves and liabilities

Capital and reserves
Called up share capital 200 200
Revaluation reserve 6 70,000 70,000
Retained earnings 29,482 26,646
Shareholders' funds 99,682 96,846

Creditors 7 95,622 88,285
195,304 185,131

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.

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 10 October 2023 and were signed by:



Mr M K Puri - Director


Blue Arrow Transport Limited (Registered number: 03844702)

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

1. Statutory information

Blue Arrow 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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. Employees and directors

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

Blue Arrow Transport Limited (Registered number: 03844702)

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

4. Property, plant and equipment
Plant and
machinery
etc
£   
Cost
At 1 March 2022
and 28 February 2023 357,280
Depreciation
At 1 March 2022 330,981
Charge for year 5,261
At 28 February 2023 336,242
Net book value
At 28 February 2023 21,038
At 28 February 2022 26,299

5. Debtors: amounts falling due within one year
28.2.23 28.2.22
£    £   
Trade debtors 96,789 53,202

6. Reserves
Revaluation
reserve
£   
At 1 March 2022
and 28 February 2023 70,000

7. Creditors: amounts falling due within one year
28.2.23 28.2.22
£    £   
Trade creditors 2,798 4,002
Taxation and social security 15,612 13,962
Other creditors 77,212 70,321
95,622 88,285