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Company Registration No. 07141944 (England and Wales)
VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD Unaudited accounts for the year ended 28 February 2025
VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD Unaudited accounts Contents
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VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD Company Information for the year ended 28 February 2025
Directors
S A Evans J P Wilkins
Company Number
07141944 (England and Wales)
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VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
21,663 
5,834 
Current assets
Debtors
10,209 
5,727 
Cash at bank and in hand
13,354 
7,119 
23,563 
12,846 
Creditors: amounts falling due within one year
(10,953)
(4,952)
Net current assets
12,610 
7,894 
Net assets
34,273 
13,728 
Reserves
Profit and loss account
34,273 
13,728 
Members' funds
34,273 
13,728 
For the year ending 28 February 2025 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 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 of Directors and authorised for issue on 28 July 2025 and were signed on its behalf by
S A Evans Director Company Registration No. 07141944
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VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD is a private company, limited by guarantee, registered in England and Wales, registration number 07141944.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2024
14,195 
- 
594 
14,789 
Additions
17,850 
500 
- 
18,350 
At 28 February 2025
32,045 
500 
594 
33,139 
Depreciation
At 1 March 2024
8,361 
- 
594 
8,955 
Charge for the year
2,490 
31 
- 
2,521 
At 28 February 2025
10,851 
31 
594 
11,476 
Net book value
At 28 February 2025
21,194 
469 
- 
21,663 
At 29 February 2024
5,834 
- 
- 
5,834 
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VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD Notes to the Accounts for the year ended 28 February 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
3,048 
- 
Trade debtors
7,161 
5,727 
10,209 
5,727 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
5,695 
1,941 
Taxes and social security
2,125 
1,069 
Other creditors
- 
1,097 
Accruals
325 
845 
Deferred income
2,808 
- 
10,953 
4,952 
7
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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