Company Registration No. 12950148 (England and Wales)
DSB TRANSPORT LIMITED
Unaudited accounts
for the year ended 31 October 2023
DSB TRANSPORT LIMITED
Unaudited accounts
Contents
DSB TRANSPORT LIMITED
Statement of financial position
as at 31 October 2023
Tangible assets
66,968
96,600
Cash at bank and in hand
83,084
52,333
Creditors: amounts falling due within one year
(6,045)
(9,917)
Net current assets
77,039
42,416
Total assets less current liabilities
144,007
139,016
Creditors: amounts falling due after more than one year
(73,778)
(97,817)
Profit and loss account
70,229
41,199
Shareholders' funds
70,229
41,199
For the year ending 31 October 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 her 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 27 July 2024 and were signed on its behalf by
Jatinder Kaur
Director
Company Registration No. 12950148
DSB TRANSPORT LIMITED
Notes to the Accounts
for the year ended 31 October 2023
DSB TRANSPORT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12950148. The registered office is 5 ST. LUKES GARDENS, WOLVERHAMPTON, WV2 3AU, ENGLAND.
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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.
These financial statements for the year ended 31 October 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
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Tangible fixed assets
Motor vehicles
At 1 November 2022
111,964
Charge for the year
14,055
DSB TRANSPORT LIMITED
Notes to the Accounts
for the year ended 31 October 2023
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Creditors: amounts falling due within one year
2023
2022
Taxes and social security
6,045
1,841
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Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
73,778
97,817
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Average number of employees
During the year the average number of employees was 6 (2022: 9).