Company Registration No. 6100497 (England and Wales)
Brian Kaye Transport Ltd
Unaudited accounts
for the year ended 29 February 2024
Brian Kaye Transport Ltd
Unaudited accounts
Contents
Brian Kaye Transport Ltd
Company Information
for the year ended 29 February 2024
Company Number
6100497 (England and Wales)
Registered Office
Low Lathe Farm
Low Lathe Lane
Sheffield
S36 2TD
Brian Kaye Transport Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
1,359,062
1,472,058
Cash at bank and in hand
51
4,389
Creditors: amounts falling due within one year
(466,482)
(684,519)
Net current liabilities
(267,595)
(423,497)
Net assets
1,091,467
1,048,561
Called up share capital
100
100
Profit and loss account
1,091,367
1,048,461
Shareholders' funds
1,091,467
1,048,561
For the year ending 29 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 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 7 August 2024 and were signed on its behalf by
B P Kaye
Director
Company Registration No. 6100497
Brian Kaye Transport Ltd
Notes to the Accounts
for the year ended 29 February 2024
Brian Kaye Transport Ltd is a private company, limited by shares, registered in England and Wales, registration number 6100497. The registered office is Low Lathe Farm, Low Lathe Lane, Sheffield, S36 2TD.
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 year, 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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2023
94,600
2,119,211
95,396
628
2,309,835
Additions
-
12,000
-
-
12,000
Disposals
-
(75,000)
-
-
(75,000)
At 29 February 2024
94,600
2,056,211
95,396
628
2,246,835
At 1 March 2023
-
753,602
83,646
529
837,777
Charge for the year
-
68,280
1,763
17
70,060
On disposals
-
(20,064)
-
-
(20,064)
At 29 February 2024
-
801,818
85,409
546
887,773
At 29 February 2024
94,600
1,254,393
9,987
82
1,359,062
At 28 February 2023
94,600
1,365,609
11,750
99
1,472,058
Brian Kaye Transport Ltd
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
198,836
256,633
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
43,334
63,793
Obligations under finance leases and hire purchase contracts
281,787
451,258
Trade creditors
70,056
56,721
Taxes and social security
-
11,690
Other creditors
53,751
75,590
Loans from directors
17,554
25,467
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Average number of employees
During the year the average number of employees was 14 (2023: 14).