Company Registration No. 14228054 (England and Wales)
Black Kite Transport Ltd
Unaudited accounts
for the period from 12 July 2022 to 31 July 2023
Black Kite Transport Ltd
Unaudited accounts
Contents
Black Kite Transport Ltd
Company Information
for the period from 12 July 2022 to 31 July 2023
Company Number
14228054 (England and Wales)
Registered Office
25 Locke Drive
Sheffield
South Yorkshire
S9 3DH
Accountants
CGI Accountants Ltd
Branch House
31-33 Branch Road
Batley
West Yorkshire
WF17 5SB
Black Kite Transport Ltd
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
3,827
Creditors: amounts falling due within one year
(17,133)
Net current liabilities
(13,306)
Called up share capital
100
Profit and loss account
7,965
For the period ending 31 July 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 16 April 2024 and were signed on its behalf by
Mr W R Khan
Director
Company Registration No. 14228054
Black Kite Transport Ltd
Notes to the Accounts
for the period from 12 July 2022 to 31 July 2023
Black Kite Transport Ltd is a private company, limited by shares, registered in England and Wales, registration number 14228054. The registered office is 25 Locke Drive, Sheffield, South Yorkshire, S9 3DH.
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 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.
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.
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% on reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Black Kite Transport Ltd
Notes to the Accounts
for the period from 12 July 2022 to 31 July 2023
4
Tangible fixed assets
Motor vehicles
5
Creditors: amounts falling due within one year
2023
Taxes and social security
312
Loans from directors
9,671
6
Average number of employees
During the period the average number of employees was 9.