Company Registration No. 09867404 (England and Wales)
Thames Valley Transport Services Limited
Unaudited accounts
for the year ended 31 March 2024
Thames Valley Transport Services Limited
Unaudited accounts
Contents
Thames Valley Transport Services Limited
Company Information
for the year ended 31 March 2024
Company Number
09867404 (England and Wales)
Registered Office
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
United Kingdom
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
Thames Valley Transport Services Limited
Statement of financial position
as at 31 March 2024
Tangible assets
32,783
53,027
Cash at bank and in hand
9,630
620
Creditors: amounts falling due within one year
(380,967)
(377,816)
Net current assets
122,772
271,585
Total assets less current liabilities
155,555
324,612
Creditors: amounts falling due after more than one year
(219,500)
(221,016)
Provisions for liabilities
Deferred tax
(4,423)
(7,873)
Net (liabilities)/assets
(68,368)
95,723
Called up share capital
1
1
Profit and loss account
(68,369)
95,722
Shareholders' funds
(68,368)
95,723
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. 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 24 December 2024 and were signed on its behalf by
S Whapshott
Director
Company Registration No. 09867404
Thames Valley Transport Services Limited
Notes to the Accounts
for the year ended 31 March 2024
Thames Valley Transport Services Limited is a private company, limited by shares, registered in England and Wales, registration number 09867404. The registered office is The Corner House, 4 Beaumont Road, Church Stretton, Shropshire, SY6 6BN, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% per annum reducing balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
181,323
2,842
184,165
Disposals
(22,083)
-
(22,083)
At 31 March 2024
159,240
2,842
162,082
At 1 April 2023
128,971
2,167
131,138
Charge for the year
10,759
169
10,928
On disposals
(12,767)
-
(12,767)
At 31 March 2024
126,963
2,336
129,299
At 31 March 2024
32,277
506
32,783
At 31 March 2023
52,352
675
53,027
Thames Valley Transport Services Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
199,015
348,381
Amounts due from group undertakings etc.
292,259
284,494
Accrued income and prepayments
-
12,906
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
80,714
152,128
Obligations under finance leases and hire purchase contracts
1,664
17,725
Taxes and social security
290,229
194,429
Loans from directors
-
12,284
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
206,220
199,754
Obligations under finance leases and hire purchase contracts
13,280
21,262
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Transactions with related parties
During the year loans were made to Zywpeit Solutions Ltd of £25,481 (2022: £81707), a company in which Mr Whapshott is a director.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).