Company Registration No. 9811622 (England and Wales)
Direct Trans Ltd
Unaudited accounts
for the year ended 31 October 2023
Direct Trans Ltd
Unaudited accounts
Contents
Direct Trans Ltd
Company Information
for the year ended 31 October 2023
Director
Daniel Florentin Constantinescu
Company Number
9811622 (England and Wales)
Registered Office
107a Ripple Road
Barking
Essex
IG11 7NY
England
Direct Trans Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
163,173
73,331
Cash at bank and in hand
13,548
137,877
Creditors: amounts falling due within one year
(21,856)
(26,446)
Net current assets
82,684
125,613
Total assets less current liabilities
245,857
198,944
Creditors: amounts falling due after more than one year
(85,350)
(71,237)
Net assets
160,507
127,707
Profit and loss account
160,207
127,407
Shareholders' funds
160,507
127,707
For the year ending 31 October 2023 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 29 October 2024 and were signed on its behalf by
Daniel Florentin Constantinescu
Director
Company Registration No. 9811622
Direct Trans Ltd
Notes to the Accounts
for the year ended 31 October 2023
Direct Trans Ltd is a private company, limited by shares, registered in England and Wales, registration number 9811622. The registered office is 107a Ripple Road, Barking, Essex, IG11 7NY, England.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2022
125,745
-
125,745
Additions
76,500
55,020
131,520
At 31 October 2023
202,245
55,020
257,265
At 1 November 2022
52,414
-
52,414
Charge for the year
37,093
4,585
41,678
At 31 October 2023
89,507
4,585
94,092
At 31 October 2023
112,738
50,435
163,173
At 31 October 2022
73,331
-
73,331
Direct Trans Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
69,196
14,182
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,624
12,655
Loans from directors
-
6,000
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
25,498
6,898
Loans from directors
44,352
42,839
8
Average number of employees
During the year the average number of employees was 2 (2022: 1).