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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
Page
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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
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Direct Trans Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
163,173 
73,331 
Current assets
Debtors
90,992 
14,182 
Cash at bank and in hand
13,548 
137,877 
104,540 
152,059 
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 
Capital and reserves
Share premium
300 
300 
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
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Direct Trans Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25%
Motor vehicles
25%
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 
Depreciation
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 
Net book value
At 31 October 2023
112,738 
50,435 
163,173 
At 31 October 2022
73,331 
- 
73,331 
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Direct Trans Ltd Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
21,796 
- 
Trade debtors
69,196 
14,182 
90,992 
14,182 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
11,533 
7,791 
Trade creditors
564 
- 
Taxes and social security
2,624 
12,655 
Other creditors
7,135 
- 
Loans from directors
- 
6,000 
21,856 
26,446 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
15,500 
21,500 
Obligations under finance leases and hire purchase contracts
25,498 
6,898 
Loans from directors
44,352 
42,839 
85,350 
71,237 
8
Average number of employees
During the year the average number of employees was 2 (2022: 1).
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