Company Registration No. 03829873 (England and Wales)
M S Transport (Bolton) Limited
Unaudited accounts
for the year ended 30 August 2023
M S Transport (Bolton) Limited
Unaudited accounts
Contents
M S Transport (Bolton) Limited
Company Information
for the year ended 30 August 2023
Directors
Karen Schofield
Mark Schofield
Company Number
03829873 (England and Wales)
Registered Office
OVERHOUSES GREENS ARMS ROAD
TURTON
BOLTON
BL7 0NE
ENGLAND
Accountants
Xeinadin Group
Regent House
Folds Road
Bolton
BL1 2RZ
M S Transport (Bolton) Limited
Statement of financial position
as at 30 August 2023
Tangible assets
4,116
5,328
Cash at bank and in hand
48
1,917
Creditors: amounts falling due within one year
(22,536)
(20,783)
Net current liabilities
(2,226)
(4,162)
Called up share capital
1,000
1,000
Profit and loss account
890
166
Shareholders' funds
1,890
1,166
For the year ending 30 August 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 21 February 2024 and were signed on its behalf by
Mark Schofield
Director
Company Registration No. 03829873
M S Transport (Bolton) Limited
Notes to the Accounts
for the year ended 30 August 2023
M S Transport (Bolton) Limited is a private company, limited by shares, registered in England and Wales, registration number 03829873. The registered office is OVERHOUSES GREENS ARMS ROAD, TURTON, BOLTON, BL7 0NE, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% reducing balance
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Total
M S Transport (Bolton) Limited
Notes to the Accounts
for the year ended 30 August 2023
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).