IRIS Accounts Production v24.2.0.383 08949633 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089496332023-03-31089496332024-03-31089496332023-04-012024-03-31089496332022-03-31089496332022-04-012023-03-31089496332023-03-3108949633ns15:EnglandWales2023-04-012024-03-3108949633ns14:PoundSterling2023-04-012024-03-3108949633ns10:Director12023-04-012024-03-3108949633ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3108949633ns10:SmallEntities2023-04-012024-03-3108949633ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3108949633ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3108949633ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3108949633ns10:FullAccounts2023-04-012024-03-3108949633ns10:RegisteredOffice2023-04-012024-03-3108949633ns5:CurrentFinancialInstruments2024-03-3108949633ns5:CurrentFinancialInstruments2023-03-3108949633ns5:Non-currentFinancialInstruments2024-03-3108949633ns5:Non-currentFinancialInstruments2023-03-3108949633ns5:ShareCapital2024-03-3108949633ns5:ShareCapital2023-03-3108949633ns5:RetainedEarningsAccumulatedLosses2024-03-3108949633ns5:RetainedEarningsAccumulatedLosses2023-03-3108949633ns5:MotorVehicles2023-04-012024-03-3108949633ns5:ComputerEquipment2023-04-012024-03-3108949633ns5:MotorVehicles2023-03-3108949633ns5:ComputerEquipment2023-03-3108949633ns5:MotorVehicles2024-03-3108949633ns5:ComputerEquipment2024-03-3108949633ns5:MotorVehicles2023-03-3108949633ns5:ComputerEquipment2023-03-3108949633ns5:DeferredTaxation2023-03-3108949633ns5:DeferredTaxation2023-04-012024-03-3108949633ns5:DeferredTaxation2024-03-31
REGISTERED NUMBER: 08949633 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Stephen Shaw Transport Limited

Stephen Shaw Transport Limited (Registered number: 08949633)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stephen Shaw Transport Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: S Shaw





REGISTERED OFFICE: 4 Southgate
Sutton Hill
Telford
TF7 4HD





REGISTERED NUMBER: 08949633 (England and Wales)





ACCOUNTANTS: S R Higgs
Accountant
101 Dixons Green Road
Dudley
West Midlands
DY2 7DJ

Stephen Shaw Transport Limited (Registered number: 08949633)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 44,305 59,017

CURRENT ASSETS
Stocks 17,166 21,336
Cash at bank 27,219 96,834
44,385 118,170
CREDITORS
Amounts falling due within one year 5 48,006 106,444
NET CURRENT (LIABILITIES)/ASSETS (3,621 ) 11,726
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,684

70,743

CREDITORS
Amounts falling due after more than one
year

6

(26,279

)

(55,034

)

PROVISIONS FOR LIABILITIES 7 (9,444 ) (11,193 )
NET ASSETS 4,961 4,516

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,861 4,416
SHAREHOLDERS' FUNDS 4,961 4,516

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Stephen Shaw Transport Limited (Registered number: 08949633)

Balance Sheet - continued
31 March 2024


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 director and authorised for issue on 1 September 2024 and were signed by:





S Shaw - Director


Stephen Shaw Transport Limited (Registered number: 08949633)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Stephen Shaw Transport 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover 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.
Motor vehicles - 25% on reducing balance
Office equipment - 15% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Stephen Shaw Transport Limited (Registered number: 08949633)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 186,317 501 186,818
DEPRECIATION
At 1 April 2023 127,726 75 127,801
Charge for year 14,648 64 14,712
At 31 March 2024 142,374 139 142,513
NET BOOK VALUE
At 31 March 2024 43,943 362 44,305
At 31 March 2023 58,591 426 59,017

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 6,500 20,361
Trade creditors 3,068 12,273
Taxation and social security 7,129 15,380
Other creditors 21,309 48,430
48,006 106,444

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 13,333 23,333
Hire purchase contracts 12,946 31,701
26,279 55,034

Stephen Shaw Transport Limited (Registered number: 08949633)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 9,444 11,193

Deferred
tax
£   
Balance at 1 April 2023 11,193
Provided during year (1,749 )
Balance at 31 March 2024 9,444

8. ULTIMATE CONTROLLING PARTY

The company is under the control of its director Mr S Shaw as he owns all of the issued share capital.