2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2024 - FRS102_2024 2,044 1,993 51 2,044 51 xbrli:pure xbrli:shares iso4217:GBP 03666258 2023-04-01 2024-03-31 03666258 2024-03-31 03666258 2023-03-31 03666258 2022-04-01 2023-03-31 03666258 2023-03-31 03666258 2022-03-31 03666258 core:FurnitureFittings 2023-04-01 2024-03-31 03666258 bus:Director1 2023-04-01 2024-03-31 03666258 core:FurnitureFittings 2023-03-31 03666258 core:FurnitureFittings 2024-03-31 03666258 core:WithinOneYear 2024-03-31 03666258 core:WithinOneYear 2023-03-31 03666258 core:ShareCapital 2024-03-31 03666258 core:ShareCapital 2023-03-31 03666258 core:RetainedEarningsAccumulatedLosses 2024-03-31 03666258 core:RetainedEarningsAccumulatedLosses 2023-03-31 03666258 core:FurnitureFittings 2023-03-31 03666258 bus:SmallEntities 2023-04-01 2024-03-31 03666258 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 03666258 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03666258 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03666258 bus:FullAccounts 2023-04-01 2024-03-31
COMPANY REGISTRATION NUMBER: 03666258
Transport Partners Ltd
Filleted Unaudited Financial Statements
31 March 2024
Transport Partners Ltd
Financial Statements
Year ended 31 March 2024
Contents
Page
Balance sheet
1
Notes to the financial statements
3
Transport Partners Ltd
Balance Sheet
31 March 2024
2024
2023
Note
£
£
£
£
Fixed assets
Tangible assets
5
51
Current assets
Debtors
6
4,753
4,027
Cash at bank and in hand
6,824
12,590
--------
--------
11,577
16,617
Creditors: amounts falling due within one year
7
( 7,689)
( 8,262)
--------
--------
Net current assets
3,888
8,355
-------
-------
Total assets less current liabilities
3,888
8,406
-------
-------
Net assets
3,888
8,406
-------
-------
Transport Partners Ltd
Balance Sheet (continued)
31 March 2024
2024
2023
Note
£
£
£
£
Capital and reserves
Called up share capital
100
100
Profit and loss account
3,788
8,306
-------
-------
Shareholders funds
3,888
8,406
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 20 November 2024 , and are signed on behalf of the board by:
Mr A M Edmondson
Director
Company registration number: 03666258
Transport Partners Ltd
Notes to the Financial Statements
Year ended 31 March 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
33% straight line
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
5. Tangible assets
Fixtures and fittings
Total
£
£
Cost
At 1 April 2023 and 31 March 2024
2,044
2,044
-------
-------
Depreciation
At 1 April 2023
1,993
1,993
Charge for the year
51
51
-------
-------
At 31 March 2024
2,044
2,044
-------
-------
Carrying amount
At 31 March 2024
-------
-------
At 31 March 2023
51
51
-------
-------
6. Debtors
2024
2023
£
£
Trade debtors
3,662
3,672
Other debtors
1,091
355
-------
-------
4,753
4,027
-------
-------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
1,889
2,249
Corporation tax
508
Social security and other taxes
3,813
3,436
Other creditors
1,987
2,069
-------
-------
7,689
8,262
-------
-------
8. Directors' advances, credits and guarantees
During the year, the directors had a loan with the company. The loan is interest free and repayable on demand. At the start of the year the company owed them £119 and at the end of the year the company owed them £37.