WEST MIDLANDS TRANSPORT SOLUTIONS LIMITED

Company Registration Number:
11153638 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

WEST MIDLANDS TRANSPORT SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

WEST MIDLANDS TRANSPORT SOLUTIONS LIMITED

Directors' report period ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal activities of the company

The provision of commercial Transportation Services



Directors

The directors shown below have held office during the whole of the period from
1 February 2023 to 31 January 2024

Chloe Evans
Regan Evans


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
12 October 2024

And signed on behalf of the board by:
Name: Chloe Evans
Status: Director

WEST MIDLANDS TRANSPORT SOLUTIONS LIMITED

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 1,133,968 931,748
Gross profit(or loss): 1,133,968 931,748
Administrative expenses: ( 1,067,254 ) ( 1,108,989 )
Operating profit(or loss): 66,714 (177,241)
Profit(or loss) before tax: 66,714 (177,241)
Profit(or loss) for the financial year: 66,714 (177,241)

WEST MIDLANDS TRANSPORT SOLUTIONS LIMITED

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 113,659 126,164
Investments:   0 0
Total fixed assets: 113,659 126,164
Current assets
Debtors: 4 143,154 49,058
Cash at bank and in hand: 11,766 21,872
Total current assets: 154,920 70,930
Prepayments and accrued income: 200 80
Creditors: amounts falling due within one year: 5 ( 445,919 ) ( 417,192 )
Net current assets (liabilities): (290,799) (346,182)
Total assets less current liabilities: (177,140) ( 220,018)
Creditors: amounts falling due after more than one year: 6 ( 23,023 ) ( 46,858 )
Total net assets (liabilities): (200,163) (266,876)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (200,164 ) (266,877 )
Total Shareholders' funds: ( 200,163 ) (266,876)

The notes form part of these financial statements

WEST MIDLANDS TRANSPORT SOLUTIONS LIMITED

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 12 October 2024
and signed on behalf of the board by:

Name: Chloe Evans
Status: Director

The notes form part of these financial statements

WEST MIDLANDS TRANSPORT SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents net invoiced sales of goods excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is calculated to write off the book value of each tangible fixed asset over its useful life on a reducing balance at he following annual rates: Motor vehicles - 25% Equipment - 15%

WEST MIDLANDS TRANSPORT SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

WEST MIDLANDS TRANSPORT SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 10,480 219,312 229,792
Additions 6,292 17,075 23,367
Disposals
Revaluations
Transfers
At 31 January 2024 16,772 236,387 253,159
Depreciation
At 1 February 2023 1,669 101,959 103,628
Charge for year 2,265 33,607 35,872
On disposals
Other adjustments
At 31 January 2024 3,934 135,566 139,500
Net book value
At 31 January 2024 12,838 100,821 113,659
At 31 January 2023 8,811 117,353 126,164

WEST MIDLANDS TRANSPORT SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors

2024 2023
£ £
Trade debtors 43,582 29,058
Other debtors 99,572 20,000
Total 143,154 49,058

WEST MIDLANDS TRANSPORT SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Amounts due under finance leases and hire purchase contracts 23,808 20,890
Trade creditors 33,246 27,697
Accruals and deferred income 600 500
Other creditors 388,265 368,105
Total 445,919 417,192

WEST MIDLANDS TRANSPORT SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Amounts due under finance leases and hire purchase contracts 23,023 46,858
Total 23,023 46,858

WEST MIDLANDS TRANSPORT SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

7. Loans to directors

Name of director receiving advance or credit: Regan Evans
Description of the transaction:
Day to day advances-
£
Balance at 31 January 2023 90,635
Advances or credits made: 170,207
Advances or credits repaid: 181,270
Balance at 31 January 2024 79,572