Company Registration No. 09972503 (England and Wales)
Adam Donkin Transport Limited
Unaudited accounts
for the year ended 31 January 2024
Adam Donkin Transport Limited
Unaudited accounts
Contents
Adam Donkin Transport Limited
Company Information
for the year ended 31 January 2024
Company Number
09972503 (England and Wales)
Registered Office
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Adam Donkin Transport Limited
Statement of financial position
as at 31 January 2024
Tangible assets
133,358
180,934
Cash at bank and in hand
2,386
(14,999)
Creditors: amounts falling due within one year
(279,684)
(219,952)
Net current liabilities
(92,477)
(151,103)
Total assets less current liabilities
40,881
29,831
Creditors: amounts falling due after more than one year
(31,415)
(27,249)
Called up share capital
100
100
Profit and loss account
9,366
2,482
Shareholders' funds
9,466
2,582
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 15 October 2024 and were signed on its behalf by
Mr A Donkin
Director
Company Registration No. 09972503
Adam Donkin Transport Limited
Notes to the Accounts
for the year ended 31 January 2024
Adam Donkin Transport Limited is a private company, limited by shares, registered in England and Wales, registration number 09972503. The registered office is 2 Exeter Street, New Village Road, Cottingham, East Yorkshire, HU16 4LU.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% cost
Computer equipment
25% cost
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Adam Donkin Transport Limited
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 February 2023
6,393
76,000
149,035
24,582
3,415
259,425
Additions
-
516
21,500
2,400
129
24,545
Disposals
-
-
(40,333)
-
-
(40,333)
At 31 January 2024
6,393
76,516
130,202
26,982
3,544
243,637
At 1 February 2023
-
36,852
29,562
9,866
2,211
78,491
Charge for the year
-
15,234
24,908
2,162
911
43,215
On disposals
-
-
(11,427)
-
-
(11,427)
At 31 January 2024
-
52,086
43,043
12,028
3,122
110,279
At 31 January 2024
6,393
24,430
87,159
14,954
422
133,358
At 31 January 2023
6,393
39,148
119,473
14,716
1,204
180,934
Amounts falling due within one year
Trade debtors
124,821
23,848
Accrued income and prepayments
60,000
-
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
8,333
Trade creditors
28,115
41,152
Taxes and social security
(517)
1,658
Other creditors
37,658
21,756
Loans from directors
185,570
102,155
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Adam Donkin Transport Limited
Notes to the Accounts
for the year ended 31 January 2024
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).