Registered number
14852802
Aman Transport Services Ltd
Filleted Accounts
for the period from 8 May 2023 to 31 May 2024
Aman Transport Services Ltd
Registered number: 14852802
Balance Sheet
as at 31 May 2024
Notes 2024
£
Current assets
Debtors 3 25,061
Cash at bank and in hand 50,161
75,222
Creditors: amounts falling due within one year 4 (61,940)
Net current assets 13,282
Net assets 13,282
Capital and reserves
Called up share capital 1
Profit and loss account 13,281
Shareholder's funds 13,282
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.
Amandeep Kaur
Director
Approved by the board on 28 January 2025
Aman Transport Services Ltd
Notes to the Accounts
for the period from 8 May 2023 to 31 May 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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.
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:
Furniture, fixture & equipment 20% reducing balance
Motor vehicles 20% reducing balance
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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024
Number
Average number of persons employed by the company 1
3 Debtors 2024
£
Trade debtors 25,061
4 Creditors: amounts falling due within one year 2024
£
Taxation and social security costs 13,678
Other creditors 48,262
61,940
5 Other information
Aman Transport Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
28 Sponne Rise
Leicester
LE2 6TU
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