Registered Number:04926507 |
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2023
Paul Young Transport Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Paul Young Transport Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
269,370
510,141
2
269,370
510,141
Trade and other receivables |
49,529
8,640
3
191,667
Cash and cash equivalents |
231,878
240,518
241,196
Trade and other payables: amounts falling due within one |
year |
(145,368)
(102,247)
4
95,828
138,271
Net current assets
Total assets less current liabilities |
407,641
605,969
407,641
Net assets
605,969
2
2
407,639
605,967
407,641
605,969
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Paul Charles Young Director |
These financial statements were approved and authorised for issue by the Board on 11 June 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 December 2023
Paul Young Transport Ltd
Notes to the Financial Statements
Statutory Information
Paul Young Transport Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 04926507. |
17 Thomas Mead
Chippenham
Wiltshire
SN15 3YS
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
2. Property, plant and equipment |
Motor Vehicles
1,153,935
5,303
1,021,875
89,987
36,770
119,625
2,831
114,490
2,304
-
-
(294,651)
-
-
(294,651)
92,291
841,714
8,134
978,909
36,770
Provision for depreciation and impairment |
643,794
3,361
615,774
24,659
-
Charge for year
77,531
1,193
59,431
16,907
-
(11,786)
-
(11,786)
-
-
709,539
4,554
663,419
41,566
-
36,770
50,725
178,295
3,580
269,370
36,770
65,328
406,101
1,942
510,141
3. Trade and other receivables |
2022
2023
8,640
26,325
-
23,204
49,529
8,640
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For the year ended 31 December 2023
Paul Young Transport Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
2022
2023
1,850
2,085
Taxation and social security |
20,171
-
80,226
143,283
102,247
145,368
5. Average number of persons employed |
During the year the average number of employees was 5 (2022 : 7)
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