Company Registration No. 10592601 (England and Wales)
BULTRANSAUTO LTD
Unaudited accounts
for the year ended 31 December 2023
BULTRANSAUTO LTD
Unaudited accounts
Contents
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
BULTRANSAUTO LTD
Statement of financial position
as at 31 December 2023
Tangible assets
165,547
96,050
Cash at bank and in hand
22,328
14,185
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)
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
BULTRANSAUTO LTD
Notes to the Accounts
for the year ended 31 December 2023
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.
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.
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.
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
At 31 December 2023
211,710
Charge for the year
29,213
At 31 December 2023
46,163
At 31 December 2023
165,547
At 31 December 2022
96,050
BULTRANSAUTO LTD
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
155,794
2,722
Other debtors
28,000
28,000
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
Obligations under finance leases and hire purchase contracts
-
25,777
Trade creditors
(148)
11,266
Taxes and social security
-
3,865
Loans from directors
1,024
1,358
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
119,581
73,450
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).