Capital Transport Planning Ltd


FINANCIAL STATEMENTS


for the year ended 31st May 2024



Capital Transport Planning Ltd

CONTENTS

for the year ended 31st May 2024







The Accounts are comprised of the following:

Statement of Financial Position

Notes to the Accounts



Please note that the Accounts comprise of HTML and iXBRL source code and that this is a printed or visual representation of that source code some of which will not be displayed or printed.

Capital Transport Planning Ltd

Company No. 10749657

STATEMENT OF FINANCIAL POSITION

as at 31st May 2024

20242023
Note£££
FIXED ASSETS
Property, plant and equipment41553512721
1553512721
CURRENT ASSETS
Debtors5122277113813
Cash at bank and in hand41282371
126405116184
CURRENT LIABILITIES
Creditors: amounts falling due
within one year67529759037
NET CURRENT ASSETS5110857147
TOTAL ASSETS LESS CURRENT LIABILITIES6664369868
 
Creditors: amounts falling due
after more than one year71000011000
 
NET ASSETS5664358868
 
CAPITAL AND RESERVES
Called up share capital11
Retained earnings5664258867
SHAREHOLDERS FUNDS5664358868

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies which are subject to the small companies' regime. The Income Statement has not been delivered to the Registrar of Companies.

For the year ended 31st May 2024 the Company is entitled to the exemption from the requirement to obtain an audit conferred by section 477 of the Companies Act 2006 and the members have not required the company to obtain an audit in accordance with section 476 of the Act.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the Board on 24 February 2025


M B Okubajo

Director

Company Number 10749657 (England)

Capital Transport Planning Ltd

NOTES TO THE ACCOUNTS

for the year ended 31st May 2024


1   Statutory information

Capital Transport Planning Ltd is a private company limited by shares and registered under company number 10749657 in England. Its registered office address is 12, Hatherley Road, Sidcup, Kent, DA14 4DT.

These financial statements are presented in Sterling, which is the functional currency of the company.

2   Accounting policies

Basis of preparation of financial statements

The accounts have been prepared under the historical cost convention in accordance with the accounting policies set out below, and in accordance with Financial Reporting Standard 102 Section 1A and the Companies Act 2006.

Income Recognition

Revenue is measured at the fair value of the consideration received or receivable. Turnover is shown net of value added tax, returns, rebates and discounts. Revenue is recognised for the sale of goods when the vendor has transferred the significant risks and rewards of ownership, it is possible that the economic benefit will flow to the entity and the revenue and associated costs can be reliably measured.

Depreciation

Depreciation is provided on all property, plant and equipment, 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:

Plant, machinery and vehicles20-25% reducing balance

Leasing

Assets, obtained under hire purchase contracts and finance leases, are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.

3   Employee information

The average number of employees during the accounting period was 2 (2023 - 2).

4   Property, plant and equipment
 
PlantFixtures
andand
MachineryFittingsTotal
£££
Cost
At 1st June 2023 73861670724093
Additions-63766376
At 31st May 202473862308330469
 
Depreciation
At 1st June 2023 3533783911372
Charge for year96325993562
At 31st May 202444961043814934
 
Net Book Value
At 31st May 202428901264515535
At 31st May 20233853886812721

5   Debtors20242023
££
 
Trade Debtors127589006
Other debtors109519104807
122277113813

6   Creditors: amounts falling due within one year20242023
££
 
Loans and Overdrafts40004000
Corporation tax3922329550
Taxes and social security costs1712413735
Other creditors1495011752
7529759037

7   Creditors: amounts falling due after one year20242023
££
 
Loans and Overdrafts1000011000
1000011000

8   Loans20242023
££
Analysis of maturity of debt:
 
Within one year40004000
Between one and five years1000011000
1400015000

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