Registered number
10857211
Mann Transport Limited
Filleted Accounts
31 July 2024
Mann Transport Limited
Registered number: 10857211
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 35,498 12,373
Current assets
Debtors 4 36,436 36,436
Cash at bank and in hand 11,671 21,776
48,107 58,212
Creditors: amounts falling due within one year 5 (45,677) (30,865)
Net current assets 2,430 27,347
Total assets less current liabilities 37,928 39,720
Creditors: amounts falling due after more than one year 6 (15,592) (26,188)
Net assets 22,336 13,532
Capital and reserves
Called up share capital 1 1
Profit and loss account 22,335 13,531
Shareholder's funds 22,336 13,532
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Hardeep Singh
Director
Approved by the board on 29 April 2025
Mann Transport Limited
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles 20% Reducing balance
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Motor vehicles
£
Cost
At 1 August 2023 16,766
Additions 32,000
At 31 July 2024 48,766
Depreciation
At 1 August 2023 4,393
Charge for the year 8,875
At 31 July 2024 13,268
Net book value
At 31 July 2024 35,498
At 31 July 2023 12,373
4 Debtors 2024 2023
£ £
Other debtors 30,000 30,000
HP deposit 6,436 6,436
36,436 36,436
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 4,465 30
Obligations under finance lease and hire purchase contracts 5,167 7,964
Trade creditors 2,762 194
Director loan 23,614 14,832
Taxation and social security costs 9,669 7,845
45,677 30,865
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 15,592 26,188
7 Other information
Mann Transport Limited is a private company limited by shares and incorporated in England. Its registered office is:
30 Constance Avenue
West Bromwich
West Midlands
B70 6EF
Mann Transport Limited 10857211 false 2023-08-01 2024-07-31 2024-07-31 VT Final Accounts April 2025 Hardeep Singh No description of principal activity 10857211 2022-08-01 2023-07-31 10857211 core:WithinOneYear 2023-07-31 10857211 core:AfterOneYear 2023-07-31 10857211 core:ShareCapital 2023-07-31 10857211 core:RetainedEarningsAccumulatedLosses 2023-07-31 10857211 2023-08-01 2024-07-31 10857211 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10857211 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 10857211 bus:Director40 2023-08-01 2024-07-31 10857211 core:Vehicles 2023-08-01 2024-07-31 10857211 countries:England 2023-08-01 2024-07-31 10857211 bus:FRS102 2023-08-01 2024-07-31 10857211 bus:FilletedAccounts 2023-08-01 2024-07-31 10857211 2024-07-31 10857211 core:WithinOneYear 2024-07-31 10857211 core:AfterOneYear 2024-07-31 10857211 core:ShareCapital 2024-07-31 10857211 core:RetainedEarningsAccumulatedLosses 2024-07-31 10857211 core:Vehicles 2024-07-31 10857211 2023-07-31 10857211 core:Vehicles 2023-07-31 iso4217:GBP xbrli:pure