Transitex Transitos De Extremadura UK Limited 12044836 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Freight Transport By Road Digita Accounts Production Advanced 6.30.9574.0 true true 12044836 2023-01-01 2023-12-31 12044836 2023-12-31 12044836 core:CurrentFinancialInstruments 2023-12-31 12044836 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 12044836 core:OfficeEquipment 2023-12-31 12044836 bus:SmallEntities 2023-01-01 2023-12-31 12044836 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 12044836 bus:FilletedAccounts 2023-01-01 2023-12-31 12044836 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12044836 bus:RegisteredOffice 2023-01-01 2023-12-31 12044836 bus:Director3 2023-01-01 2023-12-31 12044836 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12044836 core:OfficeEquipment 2023-01-01 2023-12-31 12044836 countries:EnglandWales 2023-01-01 2023-12-31 12044836 2022-12-31 12044836 core:OfficeEquipment 2022-12-31 12044836 2022-01-01 2022-12-31 12044836 2022-12-31 12044836 core:CurrentFinancialInstruments 2022-12-31 12044836 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 12044836 core:OfficeEquipment 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 12044836

Transitex Transitos De Extremadura UK Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Transitex Transitos De Extremadura UK Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Transitex Transitos De Extremadura UK Limited

Company Information

Director

A C Ipekten

Registered office

Ground Floor, Right Hand Side
Trinity House
Bredbury Park Way
Stockport
SK6 2SN

Accountants

Addicus
Chartered Accountants
4 The Axium Centre Dorchester Road
Lytchett Minster
Poole
Dorset
BH16 6FE

 

Transitex Transitos De Extremadura UK Limited

(Registration number: 12044836)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

444

1,948

Current assets

 

Debtors

5

1,220,693

1,886,685

Cash at bank and in hand

 

24,071

31,127

 

1,244,764

1,917,812

Creditors: Amounts falling due within one year

6

(1,162,131)

(1,818,373)

Net current assets

 

82,633

99,439

Net assets

 

83,077

101,387

Capital and reserves

 

Called up share capital

85,000

85,000

Retained earnings

(1,923)

16,387

Shareholders' funds

 

83,077

101,387

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 June 2024
 

A C Ipekten
Director

   
     
 

Transitex Transitos De Extremadura UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Ground Floor, Right Hand Side
Trinity House
Bredbury Park Way
Stockport
SK6 2SN

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Transitex Transitos De Extremadura UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

3 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Transitex Transitos De Extremadura UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2022 - 5).

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 January 2023

5,381

5,381

At 31 December 2023

5,381

5,381

Depreciation

At 1 January 2023

3,433

3,433

Charge for the year

1,504

1,504

At 31 December 2023

4,937

4,937

Carrying amount

At 31 December 2023

444

444

At 31 December 2022

1,948

1,948

 

Transitex Transitos De Extremadura UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

5

Debtors

2023
£

2022
£

Trade debtors

792,088

1,544,510

Other debtors

8,602

342,175

Prepayments

420,003

-

1,220,693

1,886,685

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

805,863

1,469,470

Taxation and social security

-

8,218

Accruals and deferred income

285,063

-

Other creditors

71,205

340,685

1,162,131

1,818,373