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Company Registration No. 12004330 (England and Wales)
KI TRANSPORT SERVICES LIMITED Unaudited accounts for the year ended 31 May 2024
KI TRANSPORT SERVICES LIMITED Unaudited accounts Contents
Page
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KI TRANSPORT SERVICES LIMITED Company Information for the year ended 31 May 2024
Director
KOSTA IVANOV
Company Number
12004330 (England and Wales)
Registered Office
233 Headstone Lane HARROW Middlesex HA3 6NP United Kingdom
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KI TRANSPORT SERVICES LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
21,366 
28,782 
Current assets
Debtors
24,668 
20,736 
Cash at bank and in hand
3,172 
2,161 
27,840 
22,897 
Creditors: amounts falling due within one year
(46,360)
(47,001)
Net current liabilities
(18,520)
(24,104)
Total assets less current liabilities
2,846 
4,678 
Creditors: amounts falling due after more than one year
(2,700)
(4,500)
Net assets
146 
178 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
46 
78 
Shareholders' funds
146 
178 
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 9 December 2024 and were signed on its behalf by
KOSTA IVANOV Director Company Registration No. 12004330
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KI TRANSPORT SERVICES LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
KI TRANSPORT SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12004330. The registered office is 233 Headstone Lane, HARROW, Middlesex, HA3 6NP, United Kingdom.
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
Motor vehicles
25
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
- 
37,990 
1,157 
39,147 
Additions
28,487 
- 
- 
28,487 
Disposals
- 
(37,990)
- 
(37,990)
At 31 May 2024
28,487 
- 
1,157 
29,644 
Depreciation
At 1 June 2023
- 
9,498 
867 
10,365 
Charge for the year
7,122 
- 
289 
7,411 
On disposals
- 
(9,498)
- 
(9,498)
At 31 May 2024
7,122 
- 
1,156 
8,278 
Net book value
At 31 May 2024
21,365 
- 
1 
21,366 
At 31 May 2023
- 
28,492 
290 
28,782 
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KI TRANSPORT SERVICES LIMITED Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
875 
- 
Accrued income and prepayments
104 
1,103 
Other debtors
23,689 
19,633 
24,668 
20,736 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
13,111 
1,800 
Obligations under finance leases and hire purchase contracts
31,486 
- 
Trade creditors
- 
43,856 
Taxes and social security
1,143 
283 
Other creditors
- 
1,049 
Accruals
620 
13 
46,360 
47,001 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,700 
4,500 
8
Average number of employees
During the year the average number of employees was 1 (2023: 2).
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