IRIS Accounts Production v24.2.0.383 01904118 Board of Directors Board of Directors 1.12.22 30.11.23 30.11.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh019041182022-11-30019041182023-11-30019041182022-12-012023-11-30019041182021-11-30019041182021-12-012022-11-30019041182022-11-3001904118ns15:EnglandWales2022-12-012023-11-3001904118ns14:PoundSterling2022-12-012023-11-3001904118ns10:Director12022-12-012023-11-3001904118ns10:Director22022-12-012023-11-3001904118ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3001904118ns10:SmallEntities2022-12-012023-11-3001904118ns10:AuditExemptWithAccountantsReport2022-12-012023-11-3001904118ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3001904118ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3001904118ns10:FullAccounts2022-12-012023-11-3001904118ns10:OrdinaryShareClass12022-12-012023-11-3001904118ns10:CompanySecretary12022-12-012023-11-3001904118ns10:RegisteredOffice2022-12-012023-11-3001904118ns5:CurrentFinancialInstruments2023-11-3001904118ns5:CurrentFinancialInstruments2022-11-3001904118ns5:ShareCapital2023-11-3001904118ns5:ShareCapital2022-11-3001904118ns5:RetainedEarningsAccumulatedLosses2023-11-3001904118ns5:RetainedEarningsAccumulatedLosses2022-11-3001904118ns5:PlantMachinery2022-12-012023-11-3001904118ns5:MotorVehicles2022-12-012023-11-3001904118ns5:PlantMachinery2022-11-3001904118ns5:MotorVehicles2022-11-3001904118ns5:PlantMachinery2023-11-3001904118ns5:MotorVehicles2023-11-3001904118ns5:PlantMachinery2022-11-3001904118ns5:MotorVehicles2022-11-3001904118ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3001904118ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3001904118ns10:OrdinaryShareClass12023-11-30
REGISTERED NUMBER: 01904118 (England and Wales)















NORTHERN TRANSPORT SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023






NORTHERN TRANSPORT SERVICES LIMITED (REGISTERED NUMBER: 01904118)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 6

NORTHERN TRANSPORT SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: P Taylor
Mrs K Mitchell





SECRETARY:





REGISTERED OFFICE: Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL





REGISTERED NUMBER: 01904118 (England and Wales)





ACCOUNTANTS: FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL

NORTHERN TRANSPORT SERVICES LIMITED (REGISTERED NUMBER: 01904118)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 35,217 36,324

CURRENT ASSETS
Inventories 7,000 7,000
Debtors 5 3,841 5,916
Cash at bank 12,792 14,217
23,633 27,133
CREDITORS
Amounts falling due within one year 6 78,471 73,142
NET CURRENT LIABILITIES (54,838 ) (46,009 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(19,621

)

(9,685

)

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings (19,623 ) (9,687 )
SHAREHOLDERS' FUNDS (19,621 ) (9,685 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

NORTHERN TRANSPORT SERVICES LIMITED (REGISTERED NUMBER: 01904118)

STATEMENT OF FINANCIAL POSITION - continued
30 NOVEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2024 and were signed on its behalf by:




Mrs K Mitchell - Director



P Taylor - Director


NORTHERN TRANSPORT SERVICES LIMITED (REGISTERED NUMBER: 01904118)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Northern Transport Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and Machinery - 25% on reducing balance
Motor Vehicles - 20% on reducing balance

Stocks
Inventories and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

NORTHERN TRANSPORT SERVICES LIMITED (REGISTERED NUMBER: 01904118)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor
Machinery Vehicles Totals
£    £    £   
COST
At 1 December 2022 45,454 49,254 94,708
Additions 375 - 375
Disposals - (2,900 ) (2,900 )
At 30 November 2023 45,829 46,354 92,183
DEPRECIATION
At 1 December 2022 39,322 19,062 58,384
Charge for year 1,246 235 1,481
Eliminated on disposal - (2,899 ) (2,899 )
At 30 November 2023 40,568 16,398 56,966
NET BOOK VALUE
At 30 November 2023 5,261 29,956 35,217
At 30 November 2022 6,132 30,192 36,324

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 3,796 5,858
Other debtors 45 58
3,841 5,916

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 6,464 2,538
Taxation and social security 222 947
Other creditors 71,785 69,657
78,471 73,142

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

8. GOING CONCERN

The directors have indicated that they will provide the financial resources to allow the company to continue in operational existence for the foreseeable future. The accounts have therefore been drawn up on a going concern basis.

NORTHERN TRANSPORT SERVICES LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
NORTHERN TRANSPORT SERVICES LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30 November 2023 set out on pages two to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL


17 July 2024