Company Registration No. 05723822 (England and Wales)
LIAM MOLLOY TRANSPORT LIMITED
Unaudited accounts
for the period from 1 March 2023 to 28 February 2024
LIAM MOLLOY TRANSPORT LIMITED
Unaudited accounts
Contents
LIAM MOLLOY TRANSPORT LIMITED
Company Information
for the period from 1 March 2023 to 28 February 2024
Director
Mrs Emma Louise Stuart
Company Number
05723822 (England and Wales)
Registered Office
53 BRITANNIA ROAD,IPSWICH,SUFFOLK
BRITANNIA ROAD
IPSWICH
IP4 5LD
ENGLAND
Accountants
CHASE Accountants Limited
Unit 57, Basepoint Business Centre
70-72 The Havens
Ipswich
Suffolk
IP3 9BF
LIAM MOLLOY TRANSPORT LIMITED
Statement of financial position
as at 28 February 2024
Tangible assets
64,960
66,707
Cash at bank and in hand
178
1,493
Creditors: amounts falling due within one year
(46,079)
(44,773)
Net current liabilities
(34,272)
(22,556)
Total assets less current liabilities
30,688
44,151
Creditors: amounts falling due after more than one year
(20,303)
(22,105)
Called up share capital
1,000
1,000
Profit and loss account
9,385
21,046
Shareholders' funds
10,385
22,046
For the period ending 28 February 2024 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 6 August 2024 and were signed on its behalf by
Mrs Emma Louise Stuart
Director
Company Registration No. 05723822
LIAM MOLLOY TRANSPORT LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
LIAM MOLLOY TRANSPORT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05723822. The registered office is 53 BRITANNIA ROAD,IPSWICH,SUFFOLK, BRITANNIA ROAD, IPSWICH, IP4 5LD, ENGLAND.
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 remained unchanged from the previous period, and also 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.
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
Trailer & 2 Trucks - 25% Straight Line
Fixtures & fittings
Laptop - 25% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
76,300
29,949
289
106,538
Additions
22,450
-
-
22,450
At 28 February 2024
98,750
29,949
289
128,988
At 1 March 2023
32,200
7,487
144
39,831
Charge for the period
16,638
7,487
72
24,197
At 28 February 2024
48,838
14,974
216
64,028
At 28 February 2024
49,912
14,975
73
64,960
At 28 February 2023
44,100
22,462
145
66,707
Amounts falling due within one year
Trade debtors
11,629
20,724
LIAM MOLLOY TRANSPORT LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
35,179
44,773
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the period the average number of employees was 3 (2023: 3).