Company Registration No. 12969714 (England and Wales)
SP Transport (Lincs) Ltd
Unaudited accounts
for the year ended 31 October 2023
SP Transport (Lincs) Ltd
Unaudited accounts
Contents
SP Transport (Lincs) Ltd
Company Information
for the year ended 31 October 2023
Company Number
12969714 (England and Wales)
Registered Office
C/O REBECCA BEATON ACCOUNTANCY SERVICES
MALTKILN ROAD
BARTON-UPON-HUMBER
DN18 5JR
ENGLAND
Accountants
Rebecca Beaton
Waters Edge
Maltkiln Road
Barton-upon-Humber
Lincolnshire
DN18 5JR
SP Transport (Lincs) Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
62,479
19,327
Cash at bank and in hand
(16,735)
1,561
Creditors: amounts falling due within one year
(114,600)
(56,157)
Net current liabilities
(94,031)
(38,380)
Net liabilities
(31,552)
(19,053)
Called up share capital
1
1
Profit and loss account
(31,553)
(19,054)
Shareholders' funds
(31,552)
(19,053)
For the year ending 31 October 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 9 February 2024 and were signed on its behalf by
Stewart Petchey
Director
Company Registration No. 12969714
SP Transport (Lincs) Ltd
Notes to the Accounts
for the year ended 31 October 2023
SP Transport (Lincs) Ltd is a private company, limited by shares, registered in England and Wales, registration number 12969714. The registered office is C/O REBECCA BEATON ACCOUNTANCY SERVICES , MALTKILN ROAD, BARTON-UPON-HUMBER, DN18 5JR, 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.
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
Motor vehicles
SP Transport (Lincs) Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Accrued income and prepayments
-
7,040
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
28,583
8,085
Obligations under finance leases and hire purchase contracts
81,264
19,764
Trade creditors
23,114
23,783
Taxes and social security
10,602
424
Loans from directors
(31,412)
(13,851)
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).