IRIS Accounts Production v24.3.0.553 07131088 Board of Directors Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false Ordinary 1.00000 1102 217 13959 19115 14000 20000 1143 1102 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh071310882023-01-31071310882024-01-31071310882023-02-012024-01-31071310882022-01-31071310882022-02-012023-01-31071310882023-01-3107131088ns15:EnglandWales2023-02-012024-01-3107131088ns14:PoundSterling2023-02-012024-01-3107131088ns10:Director12023-02-012024-01-3107131088ns10:Director22023-02-012024-01-3107131088ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3107131088ns10:SmallEntities2023-02-012024-01-3107131088ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3107131088ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3107131088ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3107131088ns10:FullAccounts2023-02-012024-01-3107131088ns10:OrdinaryShareClass12023-02-012024-01-3107131088ns10:Director2422023-01-3107131088ns10:Director2422022-01-3107131088ns10:Director2422023-02-012024-01-3107131088ns10:Director2422022-02-012023-01-3107131088ns10:Director2422024-01-3107131088ns10:Director2422023-01-3107131088ns10:RegisteredOffice2023-02-012024-01-3107131088ns5:CurrentFinancialInstruments2024-01-3107131088ns5:CurrentFinancialInstruments2023-01-3107131088ns5:Non-currentFinancialInstruments2024-01-3107131088ns5:Non-currentFinancialInstruments2023-01-3107131088ns5:ShareCapital2024-01-3107131088ns5:ShareCapital2023-01-3107131088ns5:RetainedEarningsAccumulatedLosses2024-01-3107131088ns5:RetainedEarningsAccumulatedLosses2023-01-3107131088ns5:PlantMachinery2023-02-012024-01-3107131088ns5:PlantMachinery2023-01-3107131088ns5:PlantMachinery2024-01-3107131088ns5:PlantMachinery2023-01-3107131088ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3107131088ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-3107131088ns10:OrdinaryShareClass12024-01-3107131088ns5:RetainedEarningsAccumulatedLosses2023-01-3107131088ns5:RetainedEarningsAccumulatedLosses2023-02-012024-01-31071310881ns10:Director12023-01-31071310881ns10:Director12022-01-31071310881ns10:Director12023-02-012024-01-31071310881ns10:Director12022-02-012023-01-31071310881ns10:Director12024-01-31071310881ns10:Director12023-01-31
REGISTERED NUMBER: 07131088 (England and Wales)










Financial Statements

for the Year Ended 31 January 2024

for

K & B INTERNATIONAL TRANSPORTATION
SERVICES LIMITED

K & B INTERNATIONAL TRANSPORTATION
SERVICES LIMITED (REGISTERED NUMBER: 07131088)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


K & B INTERNATIONAL TRANSPORTATION
SERVICES LIMITED

Company Information
for the Year Ended 31 January 2024







DIRECTORS: K D Bute
Mrs B A Bute





REGISTERED OFFICE: 4 Sudley Road
Bognor Regis
West Sussex
PO21 1EU





REGISTERED NUMBER: 07131088 (England and Wales)





ACCOUNTANTS: Adams Beeny Limited
4 Sudley Road
Bognor Regis
West Sussex
PO21 1EU

K & B INTERNATIONAL TRANSPORTATION
SERVICES LIMITED (REGISTERED NUMBER: 07131088)

Statement of Financial Position
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 4,047 4,620

CURRENT ASSETS
Debtors 5 - 1,601
Cash at bank 16,870 15,717
16,870 17,318
CREDITORS
Amounts falling due within one year 6 6,470 6,325
NET CURRENT ASSETS 10,400 10,993
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,447

15,613

CREDITORS
Amounts falling due after more than one
year

7

-

1,466
NET ASSETS 14,447 14,147

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 14,347 14,047
SHAREHOLDERS' FUNDS 14,447 14,147

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

K & B INTERNATIONAL TRANSPORTATION
SERVICES LIMITED (REGISTERED NUMBER: 07131088)

Statement of Financial Position - continued
31 January 2024


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 Board of Directors and authorised for issue on 29 October 2024 and were signed on its behalf by:




K D Bute - Director



Mrs B A Bute - Director


K & B INTERNATIONAL TRANSPORTATION
SERVICES LIMITED (REGISTERED NUMBER: 07131088)

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

1. STATUTORY INFORMATION

K & B International Transportation Services 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
Revenue 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.
Plant and machinery etc - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2023 - 2 ) .

K & B INTERNATIONAL TRANSPORTATION
SERVICES LIMITED (REGISTERED NUMBER: 07131088)

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

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 February 2023 20,402
Additions 2,450
At 31 January 2024 22,852
DEPRECIATION
At 1 February 2023 15,782
Charge for year 3,023
At 31 January 2024 18,805
NET BOOK VALUE
At 31 January 2024 4,047
At 31 January 2023 4,620

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors - 1,601

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 1,101 1,001
Taxation and social security 4,226 4,222
Other creditors 1,143 1,102
6,470 6,325

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts - 1,466

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary 1 100 100

K & B INTERNATIONAL TRANSPORTATION
SERVICES LIMITED (REGISTERED NUMBER: 07131088)

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

9. RESERVES
Retained
earnings
£   

At 1 February 2023 14,047
Profit for the year 14,300
Dividends (14,000 )
At 31 January 2024 14,347

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
K D Bute and Mrs B A Bute
Balance outstanding at start of year (1,102 ) (217 )
Amounts advanced 13,959 19,115
Amounts repaid (14,000 ) (20,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,143 ) (1,102 )

The Directors' loans are interest free and repayable on demand.