JIT TRANSPORT LTD

Company Registration Number:
09138605 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

JIT TRANSPORT LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

JIT TRANSPORT LTD

Company Information

for the Period Ended 31 July 2023




Director: Gurgit Singh Nagra
Registered office: 147
Ashford Avenue
Hayes
Middlesex
UB4 0ND
Company Registration Number: 09138605 (England and Wales)

JIT TRANSPORT LTD

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 172,698 238,771
Total fixed assets: 172,698 238,771
Current assets
Debtors: 5 38,373 39,274
Cash at bank and in hand: 1,527 2,144
Total current assets: 39,900 41,418
Creditors: amounts falling due within one year: 6 ( 123,949 ) ( 100,882 )
Net current assets (liabilities): ( 84,049 ) ( 59,464 )
Total assets less current liabilities: 88,649 179,307
Creditors: amounts falling due after more than one year: 7 ( 143,292 ) ( 227,410 )
Total net assets (liabilities): ( 54,643 ) ( 48,103 )

The notes form part of these financial statements

JIT TRANSPORT LTD

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 54,644 ) ( 48,104 )
Shareholders funds: ( 54,643 ) ( 48,103 )

For the year ending 31 July 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 12 August 2023
And Signed On Behalf Of The Board By:

Name: Gurgit Singh Nagra
Status: Director

The notes form part of these financial statements

JIT TRANSPORT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JIT TRANSPORT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 6 6

JIT TRANSPORT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

JIT TRANSPORT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible assets

Motor vehicles Total
Cost £ £
At 01 August 2022 409,205 409,205
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2023 409,205 409,205
Depreciation
At 01 August 2022 170,434 170,434
Charge for year 66,073 66,073
On disposals - -
Other adjustments - -
At 31 July 2023 236,507 236,507
Net book value
At 31 July 2023 172,698 172,698
At 31 July 2022 238,771 238,771

JIT TRANSPORT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors


2023
£

2022
£
Trade debtors 38,373 39,274
Total 38,373 39,274

JIT TRANSPORT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 123,949 100,882
Total 123,949 100,882

JIT TRANSPORT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Other creditors 143,292 227,410
Total 143,292 227,410