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Company Registration No. 12743291 (England and Wales)
Minta Imports And Transport Services Ltd Unaudited accounts for the year ended 31 July 2023
Minta Imports And Transport Services Ltd Unaudited accounts Contents
Page
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Minta Imports And Transport Services Ltd Company Information for the year ended 31 July 2023
Director
Richard Nagy
Company Number
12743291 (England and Wales)
Registered Office
38 Horne Street Bury Lancashire BL9 9BW United Kingdom
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Minta Imports And Transport Services Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
215,276 
216,184 
Tangible assets
223,493 
419,162 
438,769 
635,346 
Current assets
Inventories
104,356 
120,392 
Debtors
150,336 
70,194 
Cash at bank and in hand
45,320 
19,054 
300,012 
209,640 
Creditors: amounts falling due within one year
(210,625)
(272,223)
Net current assets/(liabilities)
89,387 
(62,583)
Total assets less current liabilities
528,156 
572,763 
Creditors: amounts falling due after more than one year
(375,633)
(586,833)
Net assets/(liabilities)
152,523 
(14,070)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
152,522 
(14,071)
Shareholders' funds
152,523 
(14,070)
For the year 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 1 August 2023 and were signed on its behalf by
Richard Nagy Director Company Registration No. 12743291
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Minta Imports And Transport Services Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Minta Imports And Transport Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12743291. The registered office is 38 Horne Street, Bury, Lancashire, BL9 9BW, United Kingdom.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
10
Motor vehicles
10
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 August 2022
218,000 
At 31 July 2023
218,000 
Amortisation
At 1 August 2022
1,816 
Charge for the year
908 
At 31 July 2023
2,724 
Net book value
At 31 July 2023
215,276 
At 31 July 2022
216,184 
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Minta Imports And Transport Services Ltd Notes to the Accounts for the year ended 31 July 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2022
333,800 
121,900 
- 
455,700 
Additions
- 
- 
225,000 
225,000 
Disposals
(258,000)
(121,900)
- 
(379,900)
At 31 July 2023
75,800 
- 
225,000 
300,800 
Depreciation
At 1 August 2022
21,576 
14,962 
- 
36,538 
Charge for the year
10,788 
7,481 
22,500 
40,769 
At 31 July 2023
32,364 
22,443 
22,500 
77,307 
Net book value
At 31 July 2023
43,436 
(22,443)
202,500 
223,493 
At 31 July 2022
312,224 
106,938 
- 
419,162 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
150,336 
70,194 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
45,895 
23,945 
Obligations under finance leases and hire purchase contracts
44,281 
98,230 
Trade creditors
25,614 
72,019 
Other creditors
94,835 
78,029 
210,625 
272,223 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
69,642 
69,283 
Obligations under finance leases and hire purchase contracts
260,666 
491,050 
Other creditors
45,325 
26,500 
375,633 
586,833 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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