Neil O'Donnell Transport Management Limited 14202414 false 2022-06-29 2023-06-30 2023-06-30 The principal activity of the company is that of advising on and assisting with transport compliance. Digita Accounts Production Advanced 6.30.9574.0 true true 14202414 2022-06-29 2023-06-30 14202414 2023-06-30 14202414 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-06-30 14202414 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 14202414 core:FurnitureFittingsToolsEquipment 2023-06-30 14202414 bus:SmallEntities 2022-06-29 2023-06-30 14202414 bus:AuditExemptWithAccountantsReport 2022-06-29 2023-06-30 14202414 bus:FilletedAccounts 2022-06-29 2023-06-30 14202414 bus:SmallCompaniesRegimeForAccounts 2022-06-29 2023-06-30 14202414 bus:RegisteredOffice 2022-06-29 2023-06-30 14202414 bus:Director1 2022-06-29 2023-06-30 14202414 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2022-06-29 2023-06-30 14202414 bus:PrivateLimitedCompanyLtd 2022-06-29 2023-06-30 14202414 core:FurnitureFittingsToolsEquipment 2022-06-29 2023-06-30 14202414 core:OfficeEquipment 2022-06-29 2023-06-30 14202414 countries:England 2022-06-29 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14202414

Neil O'Donnell Transport Management Limited

Unaudited Filleted Financial Statements

for the Period from 29 June 2022 to 30 June 2023

 

Neil O'Donnell Transport Management Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Neil O'Donnell Transport Management Limited

Company Information

Director

Neil O'Donnell

Registered office

The Incuhive Space
Hursley Park Road
Hursley
Winchester
SO21 2JN

Accountants

Andrew Jenvey, AIMS Accountants for Business
The Incuhive Space
Hursley Park Road
Hursley
Winchester
SO21 2JN

 

Neil O'Donnell Transport Management Limited

(Registration number: 14202414)
Balance Sheet as at 30 June 2023

Note

2023
£

Fixed assets

 

Tangible assets

4

1,293

Current assets

 

Cash at bank and in hand

 

401

Creditors: Amounts falling due within one year

5

(7,673)

Net current liabilities

 

(7,272)

Net liabilities

 

(5,979)

Capital and reserves

 

Retained earnings

(5,979)

Shareholders' deficit

 

(5,979)

For the financial period ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 20 March 2024
 

.........................................
Neil O'Donnell
Director

 

Neil O'Donnell Transport Management Limited

Notes to the Unaudited Financial Statements for the Period from 29 June 2022 to 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
The Incuhive Space
Hursley Park Road
Hursley
Winchester
SO21 2JN

These financial statements were authorised for issue by the director on 20 March 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Neil O'Donnell Transport Management Limited

Notes to the Unaudited Financial Statements for the Period from 29 June 2022 to 30 June 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

33% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

Neil O'Donnell Transport Management Limited

Notes to the Unaudited Financial Statements for the Period from 29 June 2022 to 30 June 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

1,930

1,930

At 30 June 2023

1,930

1,930

Depreciation

Charge for the period

637

637

At 30 June 2023

637

637

Carrying amount

At 30 June 2023

1,293

1,293

5

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Taxation and social security

626

Other creditors

7,047

7,673

6

Share capital

Allotted, called up and fully paid shares

2023

No.

£

Ordinary of £1 each

100

100

   

7

Related party transactions

 

Neil O'Donnell Transport Management Limited

Notes to the Unaudited Financial Statements for the Period from 29 June 2022 to 30 June 2023

Director's remuneration

The director's remuneration for the period was as follows:

2023
£

Remuneration

9,095