1 January 2023 false No description of principal activity Taxfiler 2023.12 10592601business:PrivateLimitedCompanyLtd2023-01-012023-12-31 105926012022-12-31 105926012023-01-012023-12-31 10592601business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 10592601business:FilletedAccounts2023-01-012023-12-31 105926012023-12-31 10592601business:Director12023-01-012023-12-31 10592601business:RegisteredOffice2023-01-012023-12-31 105926012022-12-31 10592601core:WithinOneYear2023-12-31 10592601core:WithinOneYear2022-12-31 10592601core:AfterOneYear2023-12-31 10592601core:AfterOneYear2022-12-31 10592601core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 10592601core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 10592601core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 10592601core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 10592601core:PreviouslyStatedAmount2023-12-31 10592601core:PreviouslyStatedAmount2022-12-31 10592601business:SmallEntities2023-01-012023-12-31 10592601countries:EnglandWales2023-01-012023-12-31 10592601core:PlantMachinery2023-01-012023-12-31 10592601core:PlantMachinery2022-12-31 10592601core:PlantMachinery2023-12-31 10592601business:OrdinaryShareClass12023-01-012023-12-31 10592601business:OrdinaryShareClass12022-01-012022-12-31 105926012022-01-012022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10592601 (England and Wales)
BULTRANSAUTO LTD Unaudited accounts for the year ended 31 December 2023
BULTRANSAUTO LTD Unaudited accounts Contents
Page
- 2 -
BULTRANSAUTO LTD Company Information for the year ended 31 December 2023
Director
Bogomil Margaritov Shumanov
Company Number
10592601 (England and Wales)
Registered Office
1 Cherry Tree Drive St Martins Oswestry SY11 3EQ
Accountants
DoKument Ltd Corbet Arms High Street Market Drayton Shropshire TF9 1PY
- 3 -
BULTRANSAUTO LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
165,547 
96,050 
Current assets
Debtors
184,139 
35,147 
Cash at bank and in hand
22,328 
14,185 
206,467 
49,332 
Creditors: amounts falling due within one year
(58,959)
(48,766)
Net current assets
147,508 
566 
Total assets less current liabilities
313,055 
96,616 
Creditors: amounts falling due after more than one year
(256,265)
(95,602)
Net assets
56,790 
1,014 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
56,789 
1,013 
Shareholders' funds
56,790 
1,014 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 7 February 2023 and were signed on its behalf by
Bogomil Margaritov Shumanov Director Company Registration No. 10592601
- 4 -
BULTRANSAUTO LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
BULTRANSAUTO LTD is a private company, limited by shares, registered in England and Wales, registration number 10592601. The registered office is 1 Cherry Tree Drive, St Martins, Oswestry, SY11 3EQ.
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
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.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
15% Reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
113,000 
Additions
124,035 
Disposals
(25,325)
At 31 December 2023
211,710 
Depreciation
At 1 January 2023
16,950 
Charge for the year
29,213 
At 31 December 2023
46,163 
Net book value
At 31 December 2023
165,547 
At 31 December 2022
96,050 
- 5 -
BULTRANSAUTO LTD Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
4,425 
Trade debtors
155,794 
2,722 
Other debtors
28,000 
28,000 
183,794 
35,147 
Amounts falling due after more than one year
Accrued income and prepayments
345 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
6,500 
VAT
53,370 
- 
Obligations under finance leases and hire purchase contracts
- 
25,777 
Trade creditors
(148)
11,266 
Taxes and social security
- 
3,865 
Other creditors
4,713 
- 
Loans from directors
1,024 
1,358 
58,959 
48,766 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
21,732 
22,152 
Obligations under finance leases and hire purchase contracts
119,581 
73,450 
Other creditors
114,952 
- 
256,265 
95,602 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -