IRIS Accounts Production v24.1.0.578 12806914 director 1.9.22 31.8.23 31.8.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh128069142022-08-31128069142023-08-31128069142022-09-012023-08-31128069142021-08-31128069142021-09-012022-08-31128069142022-08-3112806914ns15:EnglandWales2022-09-012023-08-3112806914ns14:PoundSterling2022-09-012023-08-3112806914ns10:Director12022-09-012023-08-3112806914ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3112806914ns10:SmallEntities2022-09-012023-08-3112806914ns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3112806914ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3112806914ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3112806914ns10:FullAccounts2022-09-012023-08-3112806914ns10:RegisteredOffice2022-09-012023-08-3112806914ns5:CurrentFinancialInstruments2023-08-3112806914ns5:CurrentFinancialInstruments2022-08-3112806914ns5:Non-currentFinancialInstruments2023-08-3112806914ns5:Non-currentFinancialInstruments2022-08-3112806914ns5:ShareCapital2023-08-3112806914ns5:ShareCapital2022-08-3112806914ns5:RetainedEarningsAccumulatedLosses2023-08-3112806914ns5:MotorVehicles2022-09-012023-08-3112806914ns5:ComputerEquipment2022-09-012023-08-3112806914ns5:MotorVehicles2022-08-3112806914ns5:ComputerEquipment2022-08-3112806914ns5:MotorVehicles2023-08-3112806914ns5:ComputerEquipment2023-08-3112806914ns5:MotorVehicles2022-08-3112806914ns5:ComputerEquipment2022-08-3112806914ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-09-012023-08-3112806914ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-08-3112806914ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3112806914ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-31
REGISTERED NUMBER: 12806914 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

TRANSPORT SERVICES (DERBY) LIMITED

TRANSPORT SERVICES (DERBY) LIMITED (REGISTERED NUMBER: 12806914)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRANSPORT SERVICES (DERBY) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: J S Shergill





REGISTERED OFFICE: 10 Rogers Court
Hatton
Derbyshire
DE65 5JU





REGISTERED NUMBER: 12806914 (England and Wales)





ACCOUNTANTS: Xeinadin South East Limited
12 Conqueror Court
Sittingbourne
Kent
ME10 5BH

TRANSPORT SERVICES (DERBY) LIMITED (REGISTERED NUMBER: 12806914)

BALANCE SHEET
31 AUGUST 2023

2023 2022
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,437 13,309

CURRENT ASSETS
Debtors 5 35,837 1,800
Cash at bank 314,370 270,870
350,207 272,670
CREDITORS
Amounts falling due within one year 6 181,180 164,936
NET CURRENT ASSETS 169,027 107,734
TOTAL ASSETS LESS CURRENT
LIABILITIES

193,464

121,043

CREDITORS
Amounts falling due after more than one
year

7

(11,697

)

-

PROVISIONS FOR LIABILITIES (1,363 ) (412 )
NET ASSETS 180,404 120,631

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 180,403 120,630
180,404 120,631

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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.

TRANSPORT SERVICES (DERBY) LIMITED (REGISTERED NUMBER: 12806914)

BALANCE SHEET - continued
31 AUGUST 2023


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 7 October 2024 and were signed by:





J S Shergill - Director


TRANSPORT SERVICES (DERBY) LIMITED (REGISTERED NUMBER: 12806914)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

Transport Services (Derby) 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, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

Turnover from the rendering of passenger land transport 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Financial instruments
Financial assets - trade and other debtors are basic financial instruments and debt instruments measured at fair value through the Income Statement and are measured subsequently at amortised cost. Prepayments are not financial instruments.

Cash comprises cash at bank, in hand and short term deposits with an original maturity date of three months or less. Cash at bank is measured at face value.

Financial liabilities - trade creditors and other creditors are measured initially at fair value through the Income Statement and are measured subsequently at amortised cost.

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.


TRANSPORT SERVICES (DERBY) LIMITED (REGISTERED NUMBER: 12806914)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - NIL ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2022 13,000 2,149 15,149
Additions 28,273 - 28,273
Disposals (9,000 ) - (9,000 )
At 31 August 2023 32,273 2,149 34,422
DEPRECIATION
At 1 September 2022 1,750 90 1,840
Charge for year 7,631 514 8,145
At 31 August 2023 9,381 604 9,985
NET BOOK VALUE
At 31 August 2023 22,892 1,545 24,437
At 31 August 2022 11,250 2,059 13,309

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 17,878
At 31 August 2023 17,878
DEPRECIATION
Charge for year 4,470
At 31 August 2023 4,470
NET BOOK VALUE
At 31 August 2023 13,408

TRANSPORT SERVICES (DERBY) LIMITED (REGISTERED NUMBER: 12806914)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Trade debtors 17,650 -
Other debtors 18,187 1,800
35,837 1,800

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Hire purchase contracts 2,140 -
Trade creditors 99 257
Taxation and social security 53,261 32,350
Other creditors 125,680 132,329
181,180 164,936

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
as restated
£    £   
Hire purchase contracts 11,697 -

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
as restated
£    £   
Hire purchase contracts 13,837 -