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REGISTERED NUMBER: 14534790 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

12 DECEMBER 2022 TO 30 DECEMBER 2023

FOR

VIC'S TRANSPORT LIMITED

VIC'S TRANSPORT LIMITED (REGISTERED NUMBER: 14534790)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 12 DECEMBER 2022 TO 30 DECEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


VIC'S TRANSPORT LIMITED

COMPANY INFORMATION
FOR THE PERIOD 12 DECEMBER 2022 TO 30 DECEMBER 2023







DIRECTORS: Mr V Zefi
Mrs C L Zefi





REGISTERED OFFICE: 10 Kensington Close
St Leonards On Sea
East Sussex
TN38 9TL





REGISTERED NUMBER: 14534790 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

VIC'S TRANSPORT LIMITED (REGISTERED NUMBER: 14534790)

STATEMENT OF FINANCIAL POSITION
30 DECEMBER 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 218,131

CURRENT ASSETS
Debtors 5 1,754
Cash at bank 247,790
249,544
CREDITORS
Amounts falling due within one year 6 176,957
NET CURRENT ASSETS 72,587
TOTAL ASSETS LESS CURRENT
LIABILITIES

290,718

PROVISIONS FOR LIABILITIES 23,831
NET ASSETS 266,887

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 266,787
SHAREHOLDERS' FUNDS 266,887

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

VIC'S TRANSPORT LIMITED (REGISTERED NUMBER: 14534790)

STATEMENT OF FINANCIAL POSITION - continued
30 DECEMBER 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 March 2025 and were signed on its behalf by:





Mr V Zefi - Director


VIC'S TRANSPORT LIMITED (REGISTERED NUMBER: 14534790)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 12 DECEMBER 2022 TO 30 DECEMBER 2023


1. STATUTORY INFORMATION

Vic's 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.
Plant and machinery etc - 33% on cost and 25% on reducing balance

TAXATION
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

VIC'S TRANSPORT LIMITED (REGISTERED NUMBER: 14534790)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 12 DECEMBER 2022 TO 30 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
Cost
Additions 2,868 329 275,771 2,662 281,630
Disposals - - (11,814 ) - (11,814 )
At 30 December 2023 2,868 329 263,957 2,662 269,816
Depreciation
Charge for period 445 7 50,775 458 51,685
At 30 December 2023 445 7 50,775 458 51,685
Net book value
At 30 December 2023 2,423 322 213,182 2,204 218,131

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 1,754

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 17,654
Taxation and social security 152,131
Other creditors 7,172
176,957