1 June 2023 false No description of principal activity Taxfiler 2024.5 SC661289business:PrivateLimitedCompanyLtd2023-06-012024-05-31 SC6612892023-05-31 SC6612892023-06-012024-05-31 SC661289business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 SC661289business:AbridgedAccounts2023-06-012024-05-31 SC6612892024-05-31 SC661289business:Director12023-06-012024-05-31 SC661289business:Director22023-06-012024-05-31 SC661289business:RegisteredOffice2023-06-012024-05-31 SC6612892023-05-31 SC661289core:WithinOneYear2024-05-31 SC661289core:WithinOneYear2023-05-31 SC661289core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 SC661289core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 SC661289core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 SC661289core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 SC661289core:PreviouslyStatedAmount2024-05-31 SC661289core:PreviouslyStatedAmount2023-05-31 SC661289business:SmallEntities2023-06-012024-05-31 SC661289countries:Scotland2023-06-012024-05-31 SC661289core:FurnitureFittings2023-06-012024-05-31 SC661289core:ComputerEquipment2023-06-012024-05-31 SC6612892022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. SC661289 (Scotland)
GBEU Transport Ltd Unaudited accounts for the year ended 31 May 2024
GBEU Transport Ltd Unaudited accounts Contents
Page
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GBEU Transport Ltd Company Information for the year ended 31 May 2024
Directors
Paul McDonald Dale Clark
Company Number
SC661289 (Scotland)
Registered Office
Erskine House, 1 North Ave, Ground Floor Room 7, Clydebank Business Park Clydebank G81 2DR
Accountants
Millfield Accountancy Limited 23 Millfield Gardens Erskine Renfrewshire PA8 6JD
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GBEU Transport Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,397 
2,363 
Current assets
Debtors
256,845 
204,844 
Cash at bank and in hand
543,089 
306,087 
799,934 
510,931 
Creditors: amounts falling due within one year
(243,417)
(183,025)
Net current assets
556,517 
327,906 
Net assets
557,914 
330,269 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
557,912 
330,267 
Shareholders' funds
557,914 
330,269 
For the year ending 31 May 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by
Dale Clark Director Company Registration No. SC661289
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GBEU Transport Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
GBEU Transport Ltd is a private company, limited by shares, registered in Scotland, registration number SC661289. The registered office is Erskine House, 1 North Ave, Ground Floor, Room 7, Clydebank Business Park, Clydebank, G81 2DR.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
25%
Computer equipment
25%
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 June 2023
3,184 
Disposals
(500)
At 31 May 2024
2,684 
Depreciation
At 1 June 2023
821 
Charge for the year
466 
At 31 May 2024
1,287 
Net book value
At 31 May 2024
1,397 
At 31 May 2023
2,363 
5
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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