IRIS Accounts Production v24.3.0.553 11418485 director 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh114184852023-06-30114184852024-06-30114184852023-07-012024-06-30114184852022-06-30114184852022-07-012023-06-30114184852023-06-3011418485ns15:EnglandWales2023-07-012024-06-3011418485ns14:PoundSterling2023-07-012024-06-3011418485ns10:Director12023-07-012024-06-3011418485ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3011418485ns10:SmallEntities2023-07-012024-06-3011418485ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3011418485ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3011418485ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3011418485ns10:FullAccounts2023-07-012024-06-3011418485ns10:RegisteredOffice2023-07-012024-06-3011418485ns5:CurrentFinancialInstruments2024-06-3011418485ns5:CurrentFinancialInstruments2023-06-3011418485ns5:Non-currentFinancialInstruments2024-06-3011418485ns5:Non-currentFinancialInstruments2023-06-3011418485ns5:ShareCapital2024-06-3011418485ns5:ShareCapital2023-06-3011418485ns5:RetainedEarningsAccumulatedLosses2024-06-3011418485ns5:RetainedEarningsAccumulatedLosses2023-06-3011418485ns5:PlantMachinery2023-07-012024-06-3011418485ns5:FurnitureFittings2023-07-012024-06-3011418485ns5:MotorVehicles2023-07-012024-06-3011418485ns5:ComputerEquipment2023-07-012024-06-3011418485ns5:PlantMachinery2023-06-3011418485ns5:FurnitureFittings2023-06-3011418485ns5:MotorVehicles2023-06-3011418485ns5:ComputerEquipment2023-06-3011418485ns5:PlantMachinery2024-06-3011418485ns5:FurnitureFittings2024-06-3011418485ns5:MotorVehicles2024-06-3011418485ns5:ComputerEquipment2024-06-3011418485ns5:PlantMachinery2023-06-3011418485ns5:FurnitureFittings2023-06-3011418485ns5:MotorVehicles2023-06-3011418485ns5:ComputerEquipment2023-06-3011418485ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3011418485ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3011418485ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-06-3011418485ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-06-3011418485ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-06-3011418485ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-06-30
REGISTERED NUMBER: 11418485 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Ratford Transport Ltd

Ratford Transport Ltd (Registered number: 11418485)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ratford Transport Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mr D P D Ratford





REGISTERED OFFICE: 447 Kents Hill Road North
Benfleet
Essex
SS7 4AD





REGISTERED NUMBER: 11418485 (England and Wales)





ACCOUNTANTS: BPSL
Brooms Professional Services Limited
Chartered Certified Accountants
Broom House
39/43 London Road
Hadleigh, Benfleet
Essex
SS7 2QL

Ratford Transport Ltd (Registered number: 11418485)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 193,361 234,144

CURRENT ASSETS
Debtors 5 193,594 80,567
Cash at bank 6,198 53
199,792 80,620
CREDITORS
Amounts falling due within one year 6 416,311 474,057
NET CURRENT LIABILITIES (216,519 ) (393,437 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(23,158

)

(159,293

)

CREDITORS
Amounts falling due after more than one
year

7

16,159

51,447
NET LIABILITIES (39,317 ) (210,740 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (39,417 ) (210,840 )
(39,317 ) (210,740 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Ratford Transport Ltd (Registered number: 11418485)

Balance Sheet - continued
30 June 2024


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 19 March 2025 and were signed by:





Mr D P D Ratford - Director


Ratford Transport Ltd (Registered number: 11418485)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Ratford Transport Ltd 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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Equipment - 25% on cost

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 14 ) .

Ratford Transport Ltd (Registered number: 11418485)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 7,609 86,056 273,224 36,678 403,567
Additions 1,200 6,295 - 12,855 20,350
At 30 June 2024 8,809 92,351 273,224 49,533 423,917
DEPRECIATION
At 1 July 2023 1,886 19,849 139,900 7,788 169,423
Charge for year 1,717 17,272 33,331 8,813 61,133
At 30 June 2024 3,603 37,121 173,231 16,601 230,556
NET BOOK VALUE
At 30 June 2024 5,206 55,230 99,993 32,932 193,361
At 30 June 2023 5,723 66,207 133,324 28,890 234,144

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 163,365 20,504
Other debtors - 10,000
VAT 30,229 50,063
193,594 80,567

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 11,233 11,257
Hire purchase contracts 15,271 24,849
Trade creditors 57,849 164,590
Social security and other taxes 3,056 5,564
Other creditors 217,616 147,589
Directors' current accounts 111,286 120,208
416,311 474,057

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans - 1-2 years 11,233 11,233
Bank loans - 2-5 years 4,926 16,100
Hire purchase contracts - 24,114
16,159 51,447

Ratford Transport Ltd (Registered number: 11418485)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. SECURED DEBTS

Within creditors there are £15,271 of hire purchase agreements secured against the related assets.