Company Registration No. 01634580 (England and Wales)
SOUTH EASTERN ROAD TANKERS LIMITED
Unaudited accounts
for the year ended 1 June 2024
SOUTH EASTERN ROAD TANKERS LIMITED
Unaudited accounts
Contents
SOUTH EASTERN ROAD TANKERS LIMITED
Company Information
for the year ended 1 June 2024
Directors
Jacqueline Jefford
Mark Jefford
Company Number
01634580 (England and Wales)
Registered Office
4 SHERRY WAY
BENFLEET
SS7 2TR
ENGLAND
Accountants
Guida Accountancy Ltd
14 Southwold Crescent
Benfleet
Essex
SS7 5SW
SOUTH EASTERN ROAD TANKERS LIMITED
Statement of financial position
as at 1 June 2024
Tangible assets
23,031
28,513
Cash at bank and in hand
297,312
301,995
Creditors: amounts falling due within one year
(34,115)
(12,157)
Net current assets
299,298
345,381
Net assets
322,329
373,894
Called up share capital
900
900
Profit and loss account
321,429
372,994
Shareholders' funds
322,329
373,894
For the year ending 1 June 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 directors acknowledge their 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 of Directors and authorised for issue on 10 January 2025 and were signed on its behalf by
Mark Jefford
Director
Company Registration No. 01634580
SOUTH EASTERN ROAD TANKERS LIMITED
Notes to the Accounts
for the year ended 1 June 2024
SOUTH EASTERN ROAD TANKERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 01634580. The registered office is 4 SHERRY WAY, BENFLEET, SS7 2TR, ENGLAND.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
15% reducing balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
SOUTH EASTERN ROAD TANKERS LIMITED
Notes to the Accounts
for the year ended 1 June 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 2 June 2023
116,924
36,972
6,733
160,629
At 1 June 2024
116,924
36,972
6,733
160,629
At 2 June 2023
113,416
12,893
5,807
132,116
Charge for the year
526
4,816
140
5,482
At 1 June 2024
113,942
17,709
5,947
137,598
At 1 June 2024
2,982
19,263
786
23,031
At 1 June 2023
3,508
24,079
926
28,513
Amounts falling due within one year
Trade debtors
15,236
34,678
Other debtors
20,865
20,865
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,701
3,896
Loans from directors
5,798
5,798
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).