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Company Registration No. 04247064 (England and Wales)
M & N TRANSPORT LIMITED Unaudited accounts for the year ended 31 July 2024
M & N TRANSPORT LIMITED Unaudited accounts Contents
Page
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M & N TRANSPORT LIMITED Company Information for the year ended 31 July 2024
Directors
Mr Mark Richard Andrews Mr Nicholas James Halford
Company Number
04247064 (England and Wales)
Registered Office
28 SHEPHERDS CLOSE BARTLEY SOUTHAMPTON HAMPSHIRE SO40 2LJ ENGLAND
Accountants
Zoey Mills 5 Wycliffe Road Southampton Hampshire SO18 2BY
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M & N TRANSPORT LIMITED Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
37,264 
32,520 
Current assets
Debtors
29,134 
48,593 
Cash at bank and in hand
5,107 
52,033 
34,241 
100,626 
Creditors: amounts falling due within one year
(5,140)
(9,978)
Net current assets
29,101 
90,648 
Total assets less current liabilities
66,365 
123,168 
Creditors: amounts falling due after more than one year
(38,663)
(29,100)
Net assets
27,702 
94,068 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
27,700 
94,066 
Shareholders' funds
27,702 
94,068 
For the year ending 31 July 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by
Mr Nicholas James Halford Director Company Registration No. 04247064
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M & N TRANSPORT LIMITED Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
M & N TRANSPORT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04247064. The registered office is 28 SHEPHERDS CLOSE, BARTLEY, SOUTHAMPTON, HAMPSHIRE, SO40 2LJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
2,326 
176,495 
2,094 
180,915 
Additions
608 
25,000 
948 
26,556 
Disposals
- 
(65,000)
(978)
(65,978)
At 31 July 2024
2,934 
136,495 
2,064 
141,493 
Depreciation
At 1 August 2023
1,871 
145,083 
1,441 
148,395 
Charge for the year
223 
10,889 
367 
11,479 
On disposals
- 
(54,767)
(878)
(55,645)
At 31 July 2024
2,094 
101,205 
930 
104,229 
Net book value
At 31 July 2024
840 
35,290 
1,134 
37,264 
At 31 July 2023
455 
31,412 
653 
32,520 
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M & N TRANSPORT LIMITED Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
29,134 
48,593 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,791 
- 
VAT
(5,542)
5,416 
Trade creditors
4,482 
4,304 
Other creditors
409 
258 
5,140 
9,978 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
19,913 
29,100 
Obligations under finance leases and hire purchase contracts
18,750 
- 
38,663 
29,100 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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