2023-11-01 2024-10-31 08266519 MAAN TRANSPORT LTD false 08266519 2023-11-01 2024-10-31 08266519 uk-bus:Director1 2023-11-01 2024-10-31 08266519 uk-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 08266519 uk-bus:SmallEntities 2023-11-01 2024-10-31 08266519 uk-bus:FullAccounts 2023-11-01 2024-10-31 08266519 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 08266519 2023-11-01 08266519 2024-10-31 08266519 2023-10-31 xbrli:pure iso4217:GBP 08266519 2022-11-01 2023-10-31
Company Registration Number : 08266519 (England and Wales)
08266519
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-10-31
false
MAAN TRANSPORT LTD
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-11-01
MAAN TRANSPORT LTD
UNAUDITED ACCOUNTS
For the year ended 31 October 2024
MAAN TRANSPORT LTD
Contents
For the year ended 31 October 2024

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


MAAN TRANSPORT LTD
Company Information
For the year ended 31 October 2024

Company registration number 08266519 (England and Wales)
Directors Gurjeet Kaur
Balraj Singh
Registered office address The Boat
Bentley Road South
Wednesbury
West Midlands
WS10 8LW
UK
Accountant VISTA ACCOUNTANTS LIMITED
24 Shepwell Green
Willenhall
West Midlands
WV13 2QJ
UK
MAAN TRANSPORT LTD
Statement of Financial Position
For the year ended 31 October 2024

2024 2023
Notes £ £
Fixed assets
Property, plant and equipment 477,335 515,983
9 477,335 515,983
Current assets
Debtors 228,295 128,765
Debtors: Amounts falling due after more than one year - 108,668
Cash and cash equivalents 26,196 14,766
254,491 252,199
Current liabilities
Creditors: Amounts falling due within one year (418,580) (328,225)
Corporation tax payable (61) -
(418,641) (328,225)
Net current (liabilities)/assets (164,150) (76,026)
Total assets less current liabilities 313,185 439,957
Non-current liabilities
Creditors: Amounts falling due after more than one year (112,082) (231,738)
Provisions for liabilities 6 (34,630) -
Net assets/(liabilities) 166,472 208,219
Capital and reserves
Called up share capital 7 100 100
Retained earnings 166,372 208,119
Shareholder's funds 166,472 208,219
For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 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 directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 21 July 2025
.............................
Balraj Singh (Director)
Company registration number: 08266519
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-10-31 31 October 2024
2024 2023
£ £
Fixed Assets 477,335 515,983
Current Assets 254,491 143,531
Creditors: amounts falling due within one year (418,641) (328,225)
Net current assets/(liabilities) (164,150) (184,694)
Total assets less current liabilities 313,185 331,289
CREDITORS: Amounts falling due more than one year (112,082) (231,738)
Provisions for liabilities (34,630) 108,668
Net Assets/(liabilities) 166,472 208,219
Capital and Reserves 166,472 208,219
For the year ending 31/10/2024 the company was entitled to exemption 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. For the year ending 31-10-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 21 July 2025 2025-07-21 and signed on behalf of the board,
.............................
Balraj Singh
Director
Company registration number: 08266519
MAAN TRANSPORT LTD
Notes to the Financial Statements
For the year ended 31 October 2024

(1) General Information
MAAN TRANSPORT LTD is a private company limited by shares and is registered in England and Wales. The address of the registered office is The Boat, Bentley Road South, Wednesbury, West Midlands, WS10 8LW.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant 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.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery15% reducing balance
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles15% reducing balance
Fixtures and Fittings25% reducing balance
Equipment25% reducing balance
Motor Cars

(4) Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to the customers.

(5) Employees
During the year, the average number of employees including director was 13 (2023 : 5).

(6) Provision for liabilities
2024 2023
£ £
Deferred taxation 34,630 (108,668)
34,630 (108,668)

(7) Share capital and reserves
Alloted, called up and fully paid: 2024 2023
£ £
100 (2023 : 100) Ordinary Shares of £ 1 each100100
100 100
Retained earnings 2024
£
At 1 November 2023 187,210
Loss of the year (20,838)
At 31 October 2024 166,372

(8) Related party transactions
Other creditors includes £0 (2023: ££6,779) owed to Mango Haulage Ltd, Mr Balraj Singh is the common shareholder in both of the companies.

(9) Fixed assets
Tangible

£
Cost
As at 01 November 2023699,457
Additions52,913
As at 31 October 2024752,370
Depreciation/Amortisation
As at 01 November 2023183,474
For the year91,561
As at 31 October 2024275,035
Net book value
As at 31 October 2024477,335
As at 31 October 2023515,983