1 November 2023 false Taxfiler 2024.6 10440507business:PrivateLimitedCompanyLtd2023-11-012024-10-31 104405072023-10-31 104405072023-11-012024-10-31 10440507business:AuditExemptWithAccountantsReport2023-11-012024-10-31 10440507business:FilletedAccounts2023-11-012024-10-31 104405072024-10-31 10440507business:Director12023-11-012024-10-31 10440507business:CompanySecretary12023-11-012024-10-31 10440507business:RegisteredOffice2023-11-012024-10-31 104405072023-10-31 10440507core:WithinOneYear2024-10-31 10440507core:WithinOneYear2023-10-31 10440507core:AfterOneYear2024-10-31 10440507core:AfterOneYear2023-10-31 10440507core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 10440507core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 10440507core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 10440507core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 10440507core:PreviouslyStatedAmount2024-10-31 10440507core:PreviouslyStatedAmount2023-10-31 10440507business:SmallEntities2023-11-012024-10-31 10440507countries:EnglandWales2023-11-012024-10-31 10440507core:MotorVehicles2023-11-012024-10-31 10440507core:ComputerEquipment2023-11-012024-10-31 10440507core:MotorVehicles2023-10-31 10440507core:ComputerEquipment2023-10-31 10440507core:MotorVehicles2024-10-31 10440507core:ComputerEquipment2024-10-31 10440507core:AcceleratedTaxDepreciationDeferredTax2024-10-31 10440507core:AcceleratedTaxDepreciationDeferredTax2023-10-31 104405072022-10-31 104405072022-11-012023-10-31 10440507business:OrdinaryShareClass12023-11-012024-10-31 10440507business:OrdinaryShareClass12022-11-012023-10-31 10440507business:Director112023-11-012024-10-31 10440507business:Director112023-10-31 10440507business:Director112024-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10440507 (England and Wales)
DST Transport Limited Unaudited accounts for the year ended 31 October 2024
DST Transport Limited Unaudited accounts Contents
Page
- 2 -
DST Transport Limited Company Information for the year ended 31 October 2024
Director
Mr Dean Stoyanov Terziev
Secretary
Miss Krasimira Hristova Ilieva
Company Number
10440507 (England and Wales)
Registered Office
181B BLIGH WAY ROCHESTER ME2 2XG UNITED KINGDOM
Accountants
Prody Books Ltd The Old Library St Faith's Street Maidstone Kent ME14 1LH
- 3 -
DST Transport Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,060 
7,329 
Current assets
Debtors
10,320 
11,073 
Cash at bank and in hand
6,982 
9,361 
17,302 
20,434 
Creditors: amounts falling due within one year
(11,083)
(10,457)
Net current assets
6,219 
9,977 
Total assets less current liabilities
11,279 
17,306 
Creditors: amounts falling due after more than one year
(10,212)
(15,833)
Provisions for liabilities
Deferred tax
(961)
(1,392)
Net assets
106 
81 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
6 
(19)
Shareholders' funds
106 
81 
For the year ending 31 October 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 May 2025 and were signed on its behalf by
Mr Dean Stoyanov Terziev Director Company Registration No. 10440507
- 4 -
DST Transport Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
DST Transport Limited is a private company, limited by shares, registered in England and Wales, registration number 10440507. The registered office is 181B BLIGH WAY, ROCHESTER, ME2 2XG, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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:
Motor vehicles
25 % reducing balance
Computer equipment
25 % reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
- 5 -
DST Transport Limited Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
15,995 
2,400 
18,395 
Disposals
- 
(2,400)
(2,400)
At 31 October 2024
15,995 
- 
15,995 
Depreciation
At 1 November 2023
9,248 
1,818 
11,066 
Charge for the year
1,687 
- 
1,687 
On disposals
- 
(1,818)
(1,818)
At 31 October 2024
10,935 
- 
10,935 
Net book value
At 31 October 2024
5,060 
- 
5,060 
At 31 October 2023
6,747 
582 
7,329 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,320 
11,073 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
2,595 
2,222 
Trade creditors
110 
110 
Taxes and social security
1,051 
970 
Loans from directors
(3,478)
(3,650)
Accruals
805 
805 
11,083 
10,457 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,212 
15,833 
- 6 -
DST Transport Limited Notes to the Accounts for the year ended 31 October 2024
8
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
961 
1,392 
2024 
2023 
£ 
£ 
Provision at start of year
1,392 
4,860 
Credited to the profit and loss account
(431)
(3,468)
Provision at end of year
961 
1,392 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr Dean Stoyanov Terziev
Loan to director
2,950 
3,478 
2,950 
3,478 
2,950 
3,478 
2,950 
3,478 
11
Transactions with related parties
Dividends totaling £2,030 ( 2023 - £650 ) were paid in the year in respect of shares held by the company's director.
12
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 7 -