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Company Registration No. 10587846 (England and Wales)
A1 Vehicle Transport Ltd Unaudited accounts for the year ended 31 January 2024
A1 Vehicle Transport Ltd Unaudited accounts Contents
Page
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A1 Vehicle Transport Ltd Company Information for the year ended 31 January 2024
Director
Mr Frank Mazzotta
Company Number
10587846 (England and Wales)
Registered Office
54 NORMAN RD SWINDON WILTS SN2 1AX
Accountants
Accounts On Us Ltd Suite 5, Crowood House Gipsy Lane Swindon Wilts SN2 8YY
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A1 Vehicle Transport Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
50,242 
50,122 
Current assets
Inventories
6,950 
6,650 
Debtors
5,585 
12,600 
Cash at bank and in hand
3,562 
21,534 
16,097 
40,784 
Creditors: amounts falling due within one year
(7,892)
(19,705)
Net current assets
8,205 
21,079 
Total assets less current liabilities
58,447 
71,201 
Creditors: amounts falling due after more than one year
(12,530)
(17,429)
Net assets
45,917 
53,772 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
45,817 
53,672 
Shareholders' funds
45,917 
53,772 
For the year ending 31 January 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 director acknowledges his 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 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 and authorised for issue on 12 September 2024 and were signed on its behalf by
Mr Frank Mazzotta Director Company Registration No. 10587846
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A1 Vehicle Transport Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
A1 Vehicle Transport Ltd is a private company, limited by shares, registered in England and Wales, registration number 10587846. The registered office is 54 NORMAN RD, SWINDON, WILTS, SN2 1AX.
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.
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
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A1 Vehicle Transport Ltd Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
- 
101,762 
1,880 
103,642 
Additions
1,073 
13,534 
1,553 
16,160 
At 31 January 2024
1,073 
115,296 
3,433 
119,802 
Depreciation
At 1 February 2023
- 
52,765 
755 
53,520 
Charge for the year
246 
15,351 
443 
16,040 
At 31 January 2024
246 
68,116 
1,198 
69,560 
Net book value
At 31 January 2024
827 
47,180 
2,235 
50,242 
At 31 January 2023
- 
48,997 
1,125 
50,122 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,248 
12,065 
Accrued income and prepayments
337 
535 
5,585 
12,600 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
541 
2,122 
Trade creditors
4,997 
14,335 
Taxes and social security
- 
378 
Other creditors
614 
- 
Loans from directors
- 
978 
Accruals
1,740 
1,892 
7,892 
19,705 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
12,530 
17,429 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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