TRANSMISSIONS (UK) LIMITED

Company Registration Number:
03886882 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

TRANSMISSIONS (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

TRANSMISSIONS (UK) LIMITED

Company Information

for the Period Ended 31 March 2024




Director: GARY STAKESBY SHAW
SONIA SHAW
Registered office: Coughton Fields Farm
Coughton Fields Lane
Coughton
Alcester
England
B49 6BT
Company Registration Number: 03886882 (England and Wales)

TRANSMISSIONS (UK) LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 10,798 7,649
Cost of sales ( 9,229 ) ( 6,636 )
Gross Profit or (Loss) 1,569 1,013
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 6,399 ) ( 7,865 )
Operating Profit or (Loss) ( 4,830 ) ( 6,852 )
Profit or (Loss) Before Tax ( 4,830 ) ( 6,852 )
Profit or (Loss) for Period ( 4,830 ) ( 6,852 )

The notes form part of these financial statements

TRANSMISSIONS (UK) LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 66 244
Cash at bank and in hand: 537 291
Total current assets: 603 535
Creditors: amounts falling due within one year: 5 ( 31,922 ) ( 25,372 )
Net current assets (liabilities): ( 31,319 ) ( 24,837 )
Total assets less current liabilities: ( 31,319 ) ( 24,837 )
Creditors: amounts falling due after more than one year: 6 ( 10,223 ) ( 11,875 )
Total net assets (liabilities): ( 41,542 ) ( 36,712 )

The notes form part of these financial statements

TRANSMISSIONS (UK) LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 41,544 ) ( 36,714 )
Shareholders funds: ( 41,542 ) ( 36,712 )

For the year ending 31 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 3 February 2025
And Signed On Behalf Of The Board By:

Name: GARY STAKESBY SHAW
Status: Director

The notes form part of these financial statements

TRANSMISSIONS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Freehold buildings - 2% on cost or revalued amounts, Plant and Machinery - 15% on cost, Fixtures and fittings - 10% on cost, Motor vehicles - 25% on cost.

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

    Valuation information and policy

    Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads

TRANSMISSIONS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

TRANSMISSIONS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

TRANSMISSIONS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors


2024
£

2023
£
Trade debtors 66 244
Prepayments and accrued income 0 0
Other debtors 0 0
Total 66 244
Debtors due after more than one year: 0 0

TRANSMISSIONS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Other creditors 31,922 25,372
Total 31,922 25,372

TRANSMISSIONS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 10,223 11,875
Total 10,223 11,875