REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 August 2022 to 31 December 2023 |
for |
B.T.S. Skips Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 August 2022 to 31 December 2023 |
for |
B.T.S. Skips Limited |
B.T.S. Skips Limited (Registered number: 02793473) |
Contents of the Financial Statements |
for the Period 1 August 2022 to 31 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
B.T.S. Skips Limited |
Company Information |
for the Period 1 August 2022 to 31 December 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
67 Westow Street |
Upper Norwood |
London |
SE19 3RW |
B.T.S. Skips Limited (Registered number: 02793473) |
Balance Sheet |
31 December 2023 |
31.12.23 | 31.7.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
8 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 9 |
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. |
B.T.S. Skips Limited (Registered number: 02793473) |
Balance Sheet - continued |
31 December 2023 |
The financial statements were approved by the Board of Directors and authorised for issue on |
B.T.S. Skips Limited (Registered number: 02793473) |
Notes to the Financial Statements |
for the Period 1 August 2022 to 31 December 2023 |
1. | STATUTORY INFORMATION |
B.T.S. Skips Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared under the going concern basis assuming the continued support of its directors. |
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 has been provided at rates in order to write off assets over their estimated useful life. |
The directors have at this year end valued the assets to reflect their market value and the accumulated depreciation charge has been adjusted accordingly. |
For future accounting periods, depreciation will be provided at the following annual rates: |
Plant and machinery - 25% on reducing balance |
Motor vehicles - 25% on reducing balance |
Taxation |
Taxation for the period 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. |
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
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. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
B.T.S. Skips Limited (Registered number: 02793473) |
Notes to the Financial Statements - continued |
for the Period 1 August 2022 to 31 December 2023 |
5. | TANGIBLE FIXED ASSETS |
Plant and | Motor |
machinery | vehicles | Totals |
£ | £ | £ |
COST |
At 1 August 2022 |
Disposals | ( |
) | ( |
) |
At 31 December 2023 |
DEPRECIATION |
At 1 August 2022 |
Eliminated on disposal | ( |
) | ( |
) |
Charge written back | (18,971 | ) | (2,552 | ) | (21,523 | ) |
At 31 December 2023 |
NET BOOK VALUE |
At 31 December 2023 |
At 31 July 2022 |
Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
Motor |
vehicles |
£ |
COST |
At 1 August 2022 |
Disposals | ( |
) |
At 31 December 2023 |
DEPRECIATION |
At 1 August 2022 |
Eliminated on disposal | ( |
) |
Charge written back | (2,552 | ) |
At 31 December 2023 |
NET BOOK VALUE |
At 31 December 2023 |
At 31 July 2022 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 31.7.22 |
£ | £ |
Trade debtors |
Other debtors |
B.T.S. Skips Limited (Registered number: 02793473) |
Notes to the Financial Statements - continued |
for the Period 1 August 2022 to 31 December 2023 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 31.7.22 |
£ | £ |
Hire purchase contracts |
Trade creditors |
Taxation and social security |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.12.23 | 31.7.22 |
£ | £ |
Hire purchase contracts |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.12.23 | 31.7.22 |
value: | £ | £ |
Ordinary Shares | 1 | 100 | 100 |