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REGISTERED NUMBER: 11985200 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Dave Mortimer Transport Services Limited

Dave Mortimer Transport Services Limited (Registered number: 11985200)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Dave Mortimer Transport Services Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: D N Mortimer





REGISTERED OFFICE: 96 Winthrop Road
Bury St Edmunds
Suffolk
IP33 3XW





REGISTERED NUMBER: 11985200 (England and Wales)





ACCOUNTANTS: Ballams Chartered Accountants
Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ

Dave Mortimer Transport Services Limited (Registered number: 11985200)

Statement of Financial Position
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,079 1,079
Tangible assets 5 122,505 17,010
123,584 18,089

CURRENT ASSETS
Debtors 6 39,476 16,709
Cash at bank 23,289 104,605
62,765 121,314
CREDITORS
Amounts falling due within one year 7 94,861 86,707
NET CURRENT (LIABILITIES)/ASSETS (32,096 ) 34,607
TOTAL ASSETS LESS CURRENT LIABILITIES 91,488 52,696

PROVISIONS FOR LIABILITIES 8 23,961 960
NET ASSETS 67,527 51,736

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 67,427 51,636
SHAREHOLDERS' FUNDS 67,527 51,736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Dave Mortimer Transport Services Limited (Registered number: 11985200)

Statement of Financial Position - continued
31 March 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2023 and were signed by:





D N Mortimer - Director


Dave Mortimer Transport Services Limited (Registered number: 11985200)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Dave Mortimer Transport Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Turnover is measured at the fair value of the consideration received or receivable net of VAT. Turnover is recognised by reference to the date the haulage service is provided.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Equipment - 25% on cost
Truck and van - 25% on reducing balance
Computer equipment - 33% on cost

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, bank facilities and loans with related parties.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Dave Mortimer Transport Services Limited (Registered number: 11985200)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued
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.

Going concern
Although the company had net current liabilities on 31 March 2023 of £32,096, included within creditors due within one year is £90,641 owed to the director/shareholder. Repayment of this amount will not be sought until cashflow permits and accordingly the director considers that the going concern basis of accounting remains appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Number
plate
£   
COST
At 1 April 2022
and 31 March 2023 1,079
NET BOOK VALUE
At 31 March 2023 1,079
At 31 March 2022 1,079

Dave Mortimer Transport Services Limited (Registered number: 11985200)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. TANGIBLE FIXED ASSETS
Truck and Computer
Equipment van equipment Totals
£    £    £    £   
COST
At 1 April 2022 754 19,500 112 20,366
Additions - 129,555 - 129,555
Disposals - (11,000 ) - (11,000 )
At 31 March 2023 754 138,055 112 138,921
DEPRECIATION
At 1 April 2022 361 2,898 97 3,356
Charge for year 189 14,491 15 14,695
Eliminated on disposal - (1,635 ) - (1,635 )
At 31 March 2023 550 15,754 112 16,416
NET BOOK VALUE
At 31 March 2023 204 122,301 - 122,505
At 31 March 2022 393 16,602 15 17,010

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 20,651 13,544
Other debtors 18,825 3,165
39,476 16,709

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2,229 2,785
Taxation and social security 131 12,562
Other creditors 92,501 71,360
94,861 86,707

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 23,961 960

Dave Mortimer Transport Services Limited (Registered number: 11985200)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2022 960
Charge to Statement of Income and Retained Earnings during year 23,001
Balance at 31 March 2023 23,961

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

10. CAPITAL COMMITMENTS
2023 2022
£    £   
Contracted but not provided for in the
financial statements - 127,750