Company Registration No. 12791476 (England and Wales)
Ob Transport Services Ltd
Unaudited accounts
for the year ended 31 August 2024
Ob Transport Services Ltd
Unaudited accounts
Contents
Ob Transport Services Ltd
Company Information
for the year ended 31 August 2024
Director
Shahgan Muhammad Baig
Company Number
12791476 (England and Wales)
Registered Office
7 Bell Yard
London
WC2A 2JR
United Kingdom
Ob Transport Services Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
273,294
375,778
Inventories
124,861
78,728
Cash at bank and in hand
19,664
17,617
Creditors: amounts falling due within one year
(146,615)
(156,433)
Net current assets
128,378
20,199
Net assets
401,672
395,977
Called up share capital
1
1
Profit and loss account
401,671
395,976
Shareholders' funds
401,672
395,977
For the year ending 31 August 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 1 September 2024 and were signed on its behalf by
Shahgan Muhammad Baig
Director
Company Registration No. 12791476
Ob Transport Services Ltd
Notes to the Accounts
for the year ended 31 August 2024
Ob Transport Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12791476. The registered office is 7 Bell Yard, , London, WC2A 2JR, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Fixtures & fittings
At 1 September 2023
683,230
At 1 September 2023
307,452
Charge for the year
102,484
Amounts falling due within one year
Trade debtors
130,468
80,287
Ob Transport Services Ltd
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
23,185
24,458
Taxes and social security
22,380
24,587
Other creditors
54,731
58,559
Loans from directors
12,367
13,847
7
Average number of employees
During the year the average number of employees was 7 (2023: 7).