SPECIALIST CARS TRANSPORT SERVICES LIMITED

Company Registration Number:
04848455 (England and Wales)

Unaudited statutory accounts for the year ended 30 July 2023

Period of accounts

Start date: 31 July 2022

End date: 30 July 2023

SPECIALIST CARS TRANSPORT SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 30 July 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes

SPECIALIST CARS TRANSPORT SERVICES LIMITED

Directors' report period ended 30 July 2023

The directors present their report with the financial statements of the company for the period ended 30 July 2023

Principal activities of the company

Freight transport by road



Directors

The directors shown below have held office during the whole of the period from
31 July 2022 to 30 July 2023

David Moore
Kris Moore


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
17 April 2024

And signed on behalf of the board by:
Name: David Moore
Status: Director

SPECIALIST CARS TRANSPORT SERVICES LIMITED

Balance sheet

As at 30 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 6,204 704
Total fixed assets: 6,204 704
Current assets
Stocks: 4 238,874 219,635
Debtors: 5 86,949 15,760
Cash at bank and in hand: 42,065 110,985
Total current assets: 367,888 346,380
Creditors: amounts falling due within one year: 6 ( 238,526 ) ( 170,742 )
Net current assets (liabilities): 129,362 175,638
Total assets less current liabilities: 135,566 176,342
Creditors: amounts falling due after more than one year: 7 ( 8,152 ) ( 11,475 )
Provision for liabilities: ( 1,171 )
Total net assets (liabilities): 127,414 163,696
Capital and reserves
Called up share capital: 120 120
Profit and loss account: 127,294 163,576
Total Shareholders' funds: 127,414 163,696

The notes form part of these financial statements

SPECIALIST CARS TRANSPORT SERVICES LIMITED

Balance sheet statements

For the year ending 30 July 2023 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 17 April 2024
and signed on behalf of the board by:

Name: David Moore
Status: Director

The notes form part of these financial statements

SPECIALIST CARS TRANSPORT SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

SPECIALIST CARS TRANSPORT SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

SPECIALIST CARS TRANSPORT SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 31 July 2022 1,174 1,174
Additions 6,874 6,874
Disposals
Revaluations
Transfers
At 30 July 2023 8,048 8,048
Depreciation
At 31 July 2022 470 470
Charge for year 1,374 1,374
On disposals
Other adjustments
At 30 July 2023 1,844 1,844
Net book value
At 30 July 2023 6,204 6,204
At 30 July 2022 704 704

SPECIALIST CARS TRANSPORT SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

4. Stocks

2023 2022
£ £
Stocks 238,874 219,635
Total 238,874 219,635

SPECIALIST CARS TRANSPORT SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

5. Debtors

2023 2022
£ £
Trade debtors 86,949 15,760
Total 86,949 15,760

SPECIALIST CARS TRANSPORT SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 41,376 4,788
Trade creditors 104,624 103,321
Taxation and social security 91,354 60,069
Other creditors 1,172 2,564
Total 238,526 170,742

SPECIALIST CARS TRANSPORT SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

7. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 8,152 11,475
Total 8,152 11,475