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REGISTERED NUMBER: 11433002 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

FC Transport Leeds Limited

FC Transport Leeds Limited (Registered number: 11433002)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FC Transport Leeds Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: M Forbes





REGISTERED OFFICE: Unit 7 Thorpe Hill Farm
Thorpe on the Hill
Leeds
West Yorkshire
WF3 3BX





REGISTERED NUMBER: 11433002 (England and Wales)





ACCOUNTANTS: KJA Kilner Johnson Ltd
Network House
Stubs Beck Lane
Cleckheaton
BD19 4TT

FC Transport Leeds Limited (Registered number: 11433002)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 285,078 346,029

CURRENT ASSETS
Debtors 5 285,925 274,175
Cash at bank 55,577 55,896
341,502 330,071
CREDITORS
Amounts falling due within one year 6 412,766 431,464
NET CURRENT LIABILITIES (71,264 ) (101,393 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

213,814

244,636

CREDITORS
Amounts falling due after more than one
year

7

(177,542

)

(232,433

)

PROVISIONS FOR LIABILITIES (23,758 ) (1 )
NET ASSETS 12,514 12,202

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 12,414 12,102
12,514 12,202

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

FC Transport Leeds Limited (Registered number: 11433002)

Balance Sheet - continued
30 June 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 24 September 2024 and were signed by:





M Forbes - Director


FC Transport Leeds Limited (Registered number: 11433002)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

FC Transport Leeds 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.

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.
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 25% reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 15 (2023 - 18 ) .

FC Transport Leeds Limited (Registered number: 11433002)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 1,773 467,050 1,789 470,612
Additions - 44,560 582 45,142
Disposals - (30,200 ) - (30,200 )
At 30 June 2024 1,773 481,410 2,371 485,554
DEPRECIATION
At 1 July 2023 1,056 122,671 856 124,583
Charge for year 312 96,573 352 97,237
Eliminated on disposal - (21,344 ) - (21,344 )
At 30 June 2024 1,368 197,900 1,208 200,476
NET BOOK VALUE
At 30 June 2024 405 283,510 1,163 285,078
At 30 June 2023 717 344,379 933 346,029

The net book value of assets held on HP is £197,178 as of 30 June 2024 (£263,731 as of 30 June 2023).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 278,192 274,175
Other debtors 7,733 -
285,925 274,175

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 221,361 200,464
Hire purchase contracts (see note 8) 26,595 104,115
Trade creditors 64,152 61,666
Taxation and social security 55,535 33,792
Other creditors 45,123 31,427
412,766 431,464

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 9,167 19,167
Hire purchase contracts (see note 8) 168,375 213,266
177,542 232,433

FC Transport Leeds Limited (Registered number: 11433002)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 26,595 104,115
Between one and five years 168,375 213,266
194,970 317,381

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 194,970 317,381

The above noted debts are secured against the companies' vehicle fleet.