REGISTERED NUMBER: |
John Evans (Transport Services) Limited |
Unaudited Financial Statements |
for the Year Ended 29 September 2023 |
REGISTERED NUMBER: |
John Evans (Transport Services) Limited |
Unaudited Financial Statements |
for the Year Ended 29 September 2023 |
John Evans (Transport Services) Limited (Registered number: 01039555) |
Contents of the Financial Statements |
for the Year Ended 29 September 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
John Evans (Transport Services) Limited |
Company Information |
for the Year Ended 29 September 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Accountants & Business Advisors |
Highdale House |
7 Centre Court |
Treforest Industrial Estate |
Pontypridd |
Rhondda Cynon Taff |
CF37 5YR |
John Evans (Transport Services) Limited (Registered number: 01039555) |
Balance Sheet |
29 September 2023 |
29.9.23 | 29.9.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
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. |
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 |
John Evans (Transport Services) Limited (Registered number: 01039555) |
Notes to the Financial Statements |
for the Year Ended 29 September 2023 |
1. | STATUTORY INFORMATION |
John Evans (Transport Services) Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for the work performed to date to the total estimated contract costs |
Tangible fixed assets |
Long leasehold | - |
Fixtures and fittings | - |
Office equipment | - |
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. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
Operating lease commitments |
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
John Evans (Transport Services) Limited (Registered number: 01039555) |
Notes to the Financial Statements - continued |
for the Year Ended 29 September 2023 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Long | and | Office |
leasehold | fittings | equipment | Totals |
£ | £ | £ | £ |
COST |
At 30 September 2022 |
and 29 September 2023 |
DEPRECIATION |
At 30 September 2022 |
Charge for year |
At 29 September 2023 |
NET BOOK VALUE |
At 29 September 2023 |
At 29 September 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
29.9.23 | 29.9.22 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
29.9.23 | 29.9.22 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
29.9.23 | 29.9.22 |
£ | £ |
Bank loans |
Other creditors |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | 22,308 | 65,098 |
John Evans (Transport Services) Limited (Registered number: 01039555) |
Notes to the Financial Statements - continued |
for the Year Ended 29 September 2023 |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
29.9.23 | 29.9.22 |
£ | £ |
Bank overdrafts |
Bank loans |
The bank overdraft is secured by way of fixed and floating charges over the undertaking and all property and assets. The bank loan is secured on the leasehold land. |
9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the years ended 29 September 2023 and 29 September 2022: |
29.9.23 | 29.9.22 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
Interest on each director's overdrawn accounts is charged at 2.25% (2022: 2.5%). |
10. | RELATED PARTY DISCLOSURES |
The director, Robert Evans, is a shareholder of London Residential Partners Ltd and Property Wealth Management Limited. |
At the balance sheet date, £188,112 (2022: £188,112) was due to the reporting entity from London Residential Partners Ltd. |
At the balance sheet date, £131,703 (2022: £122,431) was due to the reporting entity from Property Wealth Management Limited. |
11. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is Mr R S Evans |