REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 May 2024 |
for |
Trailer Express Limited |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 May 2024 |
for |
Trailer Express Limited |
Trailer Express Limited (Registered number: 03847779) |
Contents of the Financial Statements |
for the Year Ended 31 May 2024 |
Page |
Abridged Balance Sheet | 1 |
Notes to the Financial Statements | 3 |
Trailer Express Limited (Registered number: 03847779) |
Abridged Balance Sheet |
31 May 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Property, plant and equipment | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET (LIABILITIES)/ASSETS | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 6 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The director acknowledges his 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. |
Trailer Express Limited (Registered number: 03847779) |
Abridged Balance Sheet - continued |
31 May 2024 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Trailer Express Limited (Registered number: 03847779) |
Notes to the Financial Statements |
for the Year Ended 31 May 2024 |
1. | STATUTORY INFORMATION |
Trailer Express Limited is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The company's current liabilities exceed its current assets in the sum of £136,674 (2023 £128,627). Having reviewed current trading levels and future prospects for the forthcoming year, the directors consider it appropriate to prepare the financial statements on the going concern basis. |
Tangible fixed assets |
Freehold property | - |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | PROPERTY, PLANT AND EQUIPMENT |
Totals |
£ |
COST OR VALUATION |
At 1 June 2023 |
and 31 May 2024 |
DEPRECIATION |
At 1 June 2023 |
Charge for year |
At 31 May 2024 |
NET BOOK VALUE |
At 31 May 2024 |
At 31 May 2023 |
Trailer Express Limited (Registered number: 03847779) |
Notes to the Financial Statements - continued |
for the Year Ended 31 May 2024 |
4. | PROPERTY, PLANT AND EQUIPMENT - continued |
Cost or valuation at 31 May 2024 is represented by: |
Totals |
£ |
Valuation in 2005 | 45,000 |
Cost | 235,000 |
280,000 |
If freehold land and buildings had not been revalued they would have been included at the following historical cost: |
2024 | 2023 |
£ | £ |
Cost | 235,000 | 235,000 |
Freehold land and buildings were valued on an open market basis on by Dixon Webb LLP Property Consultants . |
5. | SECURED DEBTS |
The following secured debts are included within creditors: |
2024 | 2023 |
£ | £ |
Bank loans |
6. | RESERVES |
Revaluation |
reserve |
£ |
At 1 June 2023 |
and 31 May 2024 |