1 September 2023 false No description of principal activity Taxfiler 2024.6 10940267business:PrivateLimitedCompanyLtd2023-09-012024-08-31 109402672023-08-31 109402672023-09-012024-08-31 10940267business:AuditExempt-NoAccountantsReport2023-09-012024-08-31 10940267business:FilletedAccounts2023-09-012024-08-31 109402672024-08-31 109402672023-08-31 10940267core:WithinOneYear2024-08-31 10940267core:WithinOneYear2023-08-31 10940267core:AfterOneYear2024-08-31 10940267core:AfterOneYear2023-08-31 10940267core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 10940267core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 10940267core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 10940267core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 10940267core:PreviouslyStatedAmount2024-08-31 10940267core:PreviouslyStatedAmount2023-08-31 10940267business:SmallEntities2023-09-012024-08-31 10940267business:Director12023-09-012024-08-31 10940267countries:EnglandWales2023-09-012024-08-31 10940267business:RegisteredOffice2023-09-012024-08-31 10940267core:PlantMachinery2023-09-012024-08-31 10940267core:MotorVehicles2023-09-012024-08-31 10940267core:LandBuildings2023-08-31 10940267core:PlantMachinery2023-08-31 10940267core:MotorVehicles2023-08-31 10940267core:LandBuildings2023-09-012024-08-31 10940267core:LandBuildings2024-08-31 10940267core:PlantMachinery2024-08-31 10940267core:MotorVehicles2024-08-31 109402672022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 10940267 (England and Wales)
TRANSPORT FOR SCHOOL LTD Unaudited accounts for the year ended 31 August 2024
TRANSPORT FOR SCHOOL LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
564,091 
525,593 
Current assets
Debtors
75,414 
117,724 
Cash at bank and in hand
144,557 
54,584 
219,971 
172,308 
Creditors: amounts falling due within one year
(373,047)
(78,632)
Net current (liabilities)/assets
(153,076)
93,676 
Total assets less current liabilities
411,015 
619,269 
Creditors: amounts falling due after more than one year
(452,835)
(629,517)
Net liabilities
(41,820)
(10,248)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(41,920)
(10,348)
Shareholders' funds
(41,820)
(10,248)
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 22 May 2025 and were signed on its behalf by
PATEL, Briyesh Chandrakant Director Company Registration No. 10940267
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TRANSPORT FOR SCHOOL LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
TRANSPORT FOR SCHOOL LTD is a private company, limited by shares, registered in England and Wales, registration number 10940267. The registered office is Unit 6, Sharvatt Business Centre, Keats Road, Belvedere, DA17 6BP, 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
These financial statements for the year ended 31 August 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
20% Straight Line
Motor vehicles
20% Straight Line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
40,515 
7,833 
764,386 
812,734 
Additions
- 
- 
201,935 
201,935 
At 31 August 2024
40,515 
7,833 
966,321 
1,014,669 
Depreciation
At 1 September 2023
- 
1,697 
285,444 
287,141 
Charge for the year
- 
1,567 
161,870 
163,437 
At 31 August 2024
- 
3,264 
447,314 
450,578 
Net book value
At 31 August 2024
40,515 
4,569 
519,007 
564,091 
At 31 August 2023
40,515 
6,136 
478,942 
525,593 
- 3 -
TRANSPORT FOR SCHOOL LTD Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
49,871 
12,523 
Trade debtors
25,414 
105,201 
Accrued income and prepayments
129 
- 
75,414 
117,724 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,386 
- 
Obligations under finance leases and hire purchase contracts
149,862 
- 
Trade creditors
105,023 
37,246 
Taxes and social security
5,831 
3,432 
Other creditors
16,183 
2,919 
Loans from directors
28,463 
28,870 
Accruals
58,299 
6,165 
373,047 
78,632 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,506 
30,278 
Obligations under finance leases and hire purchase contracts
232,340 
356,566 
Other creditors
208,989 
242,673 
452,835 
629,517 
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).
- 4 -