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
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)
VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD
Statement of financial position
as at 28 February 2025
Tangible assets
21,663
5,834
Cash at bank and in hand
13,354
7,119
Creditors: amounts falling due within one year
(10,953)
(4,952)
Net current assets
12,610
7,894
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
VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD
Notes to the Accounts
for the year ended 28 February 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
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
At 28 February 2025
21,194
469
-
21,663
At 29 February 2024
5,834
-
-
5,834
VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
5,695
1,941
Taxes and social security
2,125
1,069
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).