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REGISTERED NUMBER: 07575105 (England and Wales)


Financial Statements for the Year Ended 29 February 2024

for

Aykam Transport Limited

Aykam Transport Limited (Registered number: 07575105)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Aykam Transport Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Mr Varinderpal Singh Gill
Mrs Surinder Kaur Gill





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 07575105 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Aykam Transport Limited (Registered number: 07575105)

Statement of Financial Position
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 30,166 16,722

CURRENT ASSETS
Debtors 5 49,296 43,363
Cash at bank and in hand 8,730 15,190
58,026 58,553
CREDITORS
Amounts falling due within one year 6 64,259 39,475
NET CURRENT (LIABILITIES)/ASSETS (6,233 ) 19,078
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,933

35,800

CREDITORS
Amounts falling due after more than one
year

7

23,355

26,355
NET ASSETS 578 9,445

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 568 9,435
SHAREHOLDERS' FUNDS 578 9,445

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

Aykam Transport Limited (Registered number: 07575105)

Statement of Financial Position - continued
29 February 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 November 2024 and were signed on its behalf by:





Mr Varinderpal Singh Gill - Director


Aykam Transport Limited (Registered number: 07575105)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Aykam Transport 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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 March 2023 91,822
Additions 23,500
At 29 February 2024 115,322
DEPRECIATION
At 1 March 2023 75,100
Charge for year 10,056
At 29 February 2024 85,156
NET BOOK VALUE
At 29 February 2024 30,166
At 28 February 2023 16,722

Aykam Transport Limited (Registered number: 07575105)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 49,296 43,363

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 3,262 -
Trade creditors 2,187 5,301
Taxation and social security 14,974 25,649
Other creditors 43,836 8,525
64,259 39,475

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans 23,355 26,355

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
10 Ordinary £1 10 10