Company Registration No. SC663802 (Scotland)
FOB TRANSPORT LTD
Unaudited accounts
for the year ended 30 June 2023
FOB TRANSPORT LTD
Unaudited accounts
Contents
FOB TRANSPORT LTD
Company Information
for the year ended 30 June 2023
Director
Bernard Feughouo ouambo
Company Number
SC663802 (Scotland)
Registered Office
50 Stronend Street
GLASGOW
G22 6AR
SCOTLAND
FOB TRANSPORT LTD
Statement of financial position
as at 30 June 2023
Tangible assets
19,574
20,753
Cash at bank and in hand
-
14,336
Creditors: amounts falling due within one year
(13,489)
(15,965)
Net current assets
26,390
12,841
Total assets less current liabilities
45,964
33,594
Creditors: amounts falling due after more than one year
(38,215)
(47,018)
Net assets/(liabilities)
7,749
(13,424)
Called up share capital
10
10
Profit and loss account
7,739
(13,434)
Shareholders' funds
7,749
(13,424)
For the year ending 30 June 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 12 February 2024 and were signed on its behalf by
Bernard Feughouo ouambo
Director
Company Registration No. SC663802
FOB TRANSPORT LTD
Notes to the Accounts
for the year ended 30 June 2023
FOB TRANSPORT LTD is a private company, limited by shares, registered in Scotland, registration number SC663802. The registered office is 50 Stronend Street, GLASGOW, G22 6AR, SCOTLAND.
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:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2022
27,872
401
28,273
At 30 June 2023
27,872
603
28,475
At 1 July 2022
7,400
120
7,520
Charge for the year
1,228
-
1,228
At 30 June 2023
8,628
273
8,901
At 30 June 2023
19,244
330
19,574
At 30 June 2022
20,472
281
20,753
Amounts falling due within one year
FOB TRANSPORT LTD
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,754
-
Loans from directors
-
15,105
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
4,393
9,875
Taxes and social security
-
(1,585)
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).