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REGISTERED NUMBER: 13756207 (England and Wales)











Unaudited Financial Statements

for the Year Ended 30 November 2024

for

MIGUEL COSTA TRANSPORT LIMITED

MIGUEL COSTA TRANSPORT LIMITED (REGISTERED NUMBER: 13756207)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MIGUEL COSTA TRANSPORT LIMITED

Company Information
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTOR: M Costa





REGISTERED OFFICE: Flat 23
Cumnor House
33 Robsart Street
London
SW9 0BE





REGISTERED NUMBER: 13756207 (England and Wales)





ACCOUNTANTS: Marchant Lewis Limited
105a Caversham Avenue
London
N13 4LL

MIGUEL COSTA TRANSPORT LIMITED (REGISTERED NUMBER: 13756207)

Balance Sheet
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,537 40,800

CURRENT ASSETS
Debtors 5 8,653 15,199
Cash at bank and in hand 1 8,573
8,654 23,772
CREDITORS
Amounts falling due within one year 6 55,707 85,764
NET CURRENT LIABILITIES (47,053 ) (61,992 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(30,516

)

(21,192

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (30,517 ) (21,193 )
SHAREHOLDERS' FUNDS (30,516 ) (21,192 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 28 January 2025 and were signed by:



M Costa - Director


MIGUEL COSTA TRANSPORT LIMITED (REGISTERED NUMBER: 13756207)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Miguel Costa Transport Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

MIGUEL COSTA TRANSPORT LIMITED (REGISTERED NUMBER: 13756207)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 December 2023 54,400
Disposals (25,000 )
At 30 November 2024 29,400
DEPRECIATION
At 1 December 2023 13,600
Charge for year 5,513
Eliminated on disposal (6,250 )
At 30 November 2024 12,863
NET BOOK VALUE
At 30 November 2024 16,537
At 30 November 2023 40,800

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 8,634 9,564
Other debtors 19 5,635
8,653 15,199

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 2,165 -
Hire purchase contracts - 20,345
Taxation and social security 288 569
Other creditors 53,254 64,850
55,707 85,764