Company Registration No. 11376597 (England and Wales)
LTL Transport LTD
Unaudited accounts
for the year ended 31 May 2023
LTL Transport LTD
Unaudited accounts
Contents
LTL Transport LTD
Company Information
for the year ended 31 May 2023
Director
Mihai Traian Huminica
Company Number
11376597 (England and Wales)
Registered Office
170 STURMINSTER ROAD
BRISTOL
BS14 8AR
UNITED KINGDOM
Accountants
APROTAX Limited
14 Fogarty Park Road
Bristol
BS15 8FR
LTL Transport LTD
Statement of financial position
as at 31 May 2023
Tangible assets
603,788
197,060
Cash at bank and in hand
33,141
6,281
Creditors: amounts falling due within one year
(180,772)
(155,846)
Net current assets
74,038
2,048
Total assets less current liabilities
677,826
199,108
Creditors: amounts falling due after more than one year
(529,087)
(199,894)
Net assets/(liabilities)
148,739
(786)
Called up share capital
1
1
Profit and loss account
148,738
(787)
Shareholders' funds
148,739
(786)
For the year ending 31 May 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 6 February 2024 and were signed on its behalf by
Mihai Traian Huminica
Director
Company Registration No. 11376597
LTL Transport LTD
Notes to the Accounts
for the year ended 31 May 2023
LTL Transport LTD is a private company, limited by shares, registered in England and Wales, registration number 11376597. The registered office is 170 STURMINSTER ROAD, BRISTOL, BS14 8AR, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
20% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
81,450
139,000
455
220,905
Additions
107,200
359,250
-
466,450
At 31 May 2023
188,650
498,250
455
687,355
At 1 June 2022
10,565
12,924
356
23,845
Charge for the year
21,318
38,305
99
59,722
At 31 May 2023
31,883
51,229
455
83,567
At 31 May 2023
156,767
447,021
-
603,788
At 31 May 2022
70,885
126,076
99
197,060
LTL Transport LTD
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
207,593
150,613
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
106,166
70,636
Taxes and social security
3,226
-
Other creditors
10,459
3,960
Loans from directors
30,326
48,911
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
489,609
155,450
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).