Registered number
SC696017
CLAIRE'S TRANSPORT LTD
12 Lyoncross
Bonnybridge
Filleted Accounts
for the year ended 30 April 2024
Prepared by:
Yousaf & Co Ltd
Chartered Certified Accountants
298-300 Maxwell Road
Pollokshields
Glasgow
Scotland
G41 1PJ
Ref.: MY/C222-24
CLAIRE'S TRANSPORT LTD
Registered number: SC696017
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 9,329 10,365
Current assets
Debtors 4 - 333
Cash at bank and in hand 543 3,368
543 3,701
Creditors: amounts falling due within one year 5 (3,645) (5,612)
Net current liabilities (3,102) (1,911)
Total assets less current liabilities 6,227 8,454
Creditors: amounts falling due after more than one year 6 (5,646) (646)
Net assets 581 7,808
Capital and reserves
Called up share capital 100 100
Profit and loss account 481 7,708
Shareholder's funds 581 7,808
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Balraj Singh Claire
Director
Approved by the board on 18 June 2024
CLAIRE'S TRANSPORT LTD
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicle 10% reducing Basis
Fixtures, fittings, tools and equipment 10% reducing Basis
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Fixture and fittings etc Motor vehicles Total
£ £ £
Cost
At 1 May 2023 802 11,994 12,796
At 30 April 2024 802 11,994 12,796
Depreciation
At 1 May 2023 152 2,279 2,431
Charge for the year 65 971 1,036
At 30 April 2024 217 3,250 3,467
Net book value
At 30 April 2024 585 8,744 9,329
At 30 April 2023 650 9,715 10,365
4 Debtors 2024 2023
£ £
Trade debtors - 333
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 708 1,632
Taxation and social security costs 2,937 3,980
3,645 5,612
6 Creditors: amounts falling due after one year 2024 2023
£ £
Director's loan account 5,646 646
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