IRIS Accounts Production v24.2.0.383 02101843 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh021018432023-03-31021018432024-03-31021018432023-04-012024-03-31021018432022-03-31021018432022-04-012023-03-31021018432023-03-3102101843ns15:EnglandWales2023-04-012024-03-3102101843ns14:PoundSterling2023-04-012024-03-3102101843ns10:Director12023-04-012024-03-3102101843ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3102101843ns10:SmallEntities2023-04-012024-03-3102101843ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3102101843ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3102101843ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3102101843ns10:FullAccounts2023-04-012024-03-3102101843ns10:RegisteredOffice2023-04-012024-03-3102101843ns5:CurrentFinancialInstruments2024-03-3102101843ns5:CurrentFinancialInstruments2023-03-3102101843ns5:ShareCapital2024-03-3102101843ns5:ShareCapital2023-03-3102101843ns5:RevaluationReserve2024-03-3102101843ns5:RevaluationReserve2023-03-3102101843ns5:RetainedEarningsAccumulatedLosses2024-03-3102101843ns5:RetainedEarningsAccumulatedLosses2023-03-3102101843ns5:LandBuildings2023-04-012024-03-3102101843ns5:PlantMachinery2023-04-012024-03-3102101843ns5:LandBuildings2023-03-3102101843ns5:PlantMachinery2023-03-3102101843ns5:LandBuildings2024-03-3102101843ns5:PlantMachinery2024-03-3102101843ns5:LandBuildings2023-03-3102101843ns5:PlantMachinery2023-03-3102101843ns5:RevaluationReserve2023-03-31
REGISTERED NUMBER: 02101843 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Off Road Truck Specialists Ltd

Off Road Truck Specialists Ltd (Registered number: 02101843)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Off Road Truck Specialists Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: C Hawkins



REGISTERED OFFICE: Rose Cottage
Woolley Moor
Alfreton
Derbyshire
DE55 6FJ



REGISTERED NUMBER: 02101843 (England and Wales)



ACCOUNTANTS: Hadfields Chartered Certified Accountants
Commerce House
658B Chatsworth Road
Chesterfield
Derbyshire
S40 3JZ



SOLICITORS: Banner Jones
Solicitors
24 Glumangate
Chesterfield
Derbyshire
S40 1UA.

Off Road Truck Specialists Ltd (Registered number: 02101843)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 275,006 275,008

CURRENT ASSETS
Cash at bank (4,379 ) (7,352 )

CREDITORS
Amounts falling due within one year 5 21,614 38,874
NET CURRENT LIABILITIES (25,993 ) (46,226 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

249,013

228,782

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 6 190,000 190,000
Retained earnings 58,913 38,682
SHAREHOLDERS' FUNDS 249,013 228,782

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.

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 11 September 2024 and were signed by:





C Hawkins - Director


Off Road Truck Specialists Ltd (Registered number: 02101843)

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

1. STATUTORY INFORMATION

Off Road Truck Specialists Ltd 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 as modified by the revaluation of certain assets.

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.
Land and buildings - not provided
Plant and machinery etc - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 April 2023
and 31 March 2024 275,000 1,850 276,850
DEPRECIATION
At 1 April 2023 - 1,842 1,842
Charge for year - 2 2
At 31 March 2024 - 1,844 1,844
NET BOOK VALUE
At 31 March 2024 275,000 6 275,006
At 31 March 2023 275,000 8 275,008

Cost or valuation at 31 March 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2005 275,000 1,850 276,850

Off Road Truck Specialists Ltd (Registered number: 02101843)

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

4. TANGIBLE FIXED ASSETS - continued

If Freehold land and buildings had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 85,000 85,000

Freehold land and building were valued on an open market basis on 22 December 2003 by BBG Commercial .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 7,560 6,871
Directors' current accounts 13,484 31,473
Accrued expenses 570 530
21,614 38,874

6. RESERVES
Revaluation
reserve
£   
At 1 April 2023
and 31 March 2024 190,000

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £12,000 were paid to the director .