17 false false false false false false false false false false true false false false false true true No description of principal activity 2022-10-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 4910363 2022-10-01 2023-09-30 4910363 2023-09-30 4910363 2022-09-30 4910363 2021-10-01 2022-09-30 4910363 2022-09-30 4910363 2021-09-30 4910363 core:FurnitureFittings 2022-10-01 2023-09-30 4910363 core:MotorVehicles 2022-10-01 2023-09-30 4910363 bus:OrdinaryShareClass1 2022-10-01 2023-09-30 4910363 bus:OrdinaryShareClass2 2022-10-01 2023-09-30 4910363 bus:Director1 2022-10-01 2023-09-30 4910363 core:WithinOneYear 2023-09-30 4910363 core:WithinOneYear 2022-09-30 4910363 core:FurnitureFittings 2022-09-30 4910363 core:MotorVehicles 2022-09-30 4910363 core:FurnitureFittings 2023-09-30 4910363 core:MotorVehicles 2023-09-30 4910363 core:AfterOneYear 2023-09-30 4910363 core:AfterOneYear 2022-09-30 4910363 core:UKTax 2021-10-01 2022-09-30 4910363 core:ShareCapital 2023-09-30 4910363 core:ShareCapital 2022-09-30 4910363 core:RetainedEarningsAccumulatedLosses 2023-09-30 4910363 core:RetainedEarningsAccumulatedLosses 2022-09-30 4910363 core:FurnitureFittings 2022-09-30 4910363 core:MotorVehicles 2022-09-30 4910363 core:LeasedAssetsHeldAsLessee core:MotorVehicles 2023-09-30 4910363 core:LeasedAssetsHeldAsLessee core:MotorVehicles 2022-09-30 4910363 bus:SmallEntities 2022-10-01 2023-09-30 4910363 bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 4910363 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 4910363 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 4910363 bus:FullAccounts 2022-10-01 2023-09-30 4910363 bus:OrdinaryShareClass1 2023-09-30 4910363 bus:OrdinaryShareClass1 2022-09-30 4910363 bus:OrdinaryShareClass2 2023-09-30 4910363 bus:OrdinaryShareClass2 2022-09-30 4910363 bus:AllOrdinaryShares 2023-09-30 4910363 bus:AllOrdinaryShares 2022-09-30 4910363 1 2023-09-30
COMPANY REGISTRATION NUMBER: 4910363
AAA Delivery Services Limited
Filleted Unaudited Financial Statements
30 September 2023
AAA Delivery Services Limited
Statement of Financial Position
30 September 2023
2023
2022
Note
£
£
£
£
Fixed assets
Tangible assets
6
180,027
140,993
Current assets
Debtors
7
413,372
340,025
Cash at bank and in hand
47,905
167,613
---------
---------
461,277
507,638
Creditors: amounts falling due within one year
8
131,169
121,144
---------
---------
Net current assets
330,108
386,494
---------
---------
Total assets less current liabilities
510,135
527,487
Creditors: amounts falling due after more than one year
9
94,471
97,295
Provisions
Taxation including deferred tax
30,486
26,787
---------
---------
Net assets
385,178
403,405
---------
---------
Capital and reserves
Called up share capital
10
4
4
Profit and loss account
385,174
403,401
---------
---------
Shareholders funds
385,178
403,405
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
AAA Delivery Services Limited
Statement of Financial Position (continued)
30 September 2023
These financial statements were approved by the board of directors and authorised for issue on 15 July 2024 , and are signed on behalf of the board by:
Anthony Ackah-Amihere
Director
Company registration number: 4910363
AAA Delivery Services Limited
Notes to the Financial Statements
Year ended 30 September 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 12 Mons Street, Chanterlands Avenue, Hull, East Yorkshire, HU5 3SZ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
25% reducing balance
Motor vehicles
-
25% reducing balance
Finance leases and hire purchase contracts
Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 17 (2022: 15 ).
5. Tax on profit
Major components of tax expense
2023
2022
£
£
Current tax:
UK current tax expense
738
Deferred tax:
Origination and reversal of timing differences
3,699
257
-------
----
Tax on profit
3,699
995
-------
----
6. Tangible assets
Fixtures and fittings
Motor vehicles
Total
£
£
£
Cost
At 1 October 2022
8,285
378,224
386,509
Additions
105,052
105,052
Disposals
( 34,110)
( 34,110)
-------
---------
---------
At 30 September 2023
8,285
449,166
457,451
-------
---------
---------
Depreciation
At 1 October 2022
6,752
238,764
245,516
Charge for the year
387
59,619
60,006
Disposals
( 28,098)
( 28,098)
-------
---------
---------
At 30 September 2023
7,139
270,285
277,424
-------
---------
---------
Carrying amount
At 30 September 2023
1,146
178,881
180,027
-------
---------
---------
At 30 September 2022
1,533
139,460
140,993
-------
---------
---------
Finance leases and hire purchase contracts
Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:
Motor vehicles
£
At 30 September 2023
112,661
---------
At 30 September 2022
95,798
---------
7. Debtors
2023
2022
£
£
Trade debtors
383,372
340,025
Amounts owed by associated companies
30,000
---------
---------
413,372
340,025
---------
---------
8. Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
39,462
54,692
Accruals and deferred income
2,000
2,000
Corporation tax
738
Social security and other taxes
54,126
30,462
Obligations under finance leases and hire purchase contracts
34,661
32,876
Director loan accounts
920
376
---------
---------
131,169
121,144
---------
---------
9. Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
27,343
37,221
Obligations under finance leases and hire purchase contracts
67,128
60,074
--------
--------
94,471
97,295
--------
--------
10. Called up share capital
Issued, called up and fully paid
2023
2022
No.
£
No.
£
Ordinary shares of £ 1 each
2
2
2
2
'A' Ordinary shares of £ 1 each
2
2
2
2
----
----
----
----
4
4
4
4
----
----
----
----
11. Director's advances, credits and guarantees
During the year there were no director's advances, credits and guarantees.