1 false false false false false false false false false false true false false false false false false No description of principal activity 2024-03-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 08414490 2024-03-01 2025-02-28 08414490 2025-02-28 08414490 2024-02-29 08414490 2023-03-01 2024-02-29 08414490 2024-02-29 08414490 2023-02-28 08414490 core:MotorVehicles 2024-03-01 2025-02-28 08414490 bus:Director1 2024-03-01 2025-02-28 08414490 core:MotorVehicles 2024-02-29 08414490 core:MotorVehicles 2025-02-28 08414490 core:WithinOneYear 2025-02-28 08414490 core:WithinOneYear 2024-02-29 08414490 core:ShareCapital 2025-02-28 08414490 core:ShareCapital 2024-02-29 08414490 core:RetainedEarningsAccumulatedLosses 2025-02-28 08414490 core:RetainedEarningsAccumulatedLosses 2024-02-29 08414490 core:MotorVehicles 2024-02-29 08414490 bus:SmallEntities 2024-03-01 2025-02-28 08414490 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 08414490 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 08414490 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 08414490 bus:FullAccounts 2024-03-01 2025-02-28 08414490 core:ComputerEquipment 2024-03-01 2025-02-28 08414490 core:ComputerEquipment 2024-02-29 08414490 core:ComputerEquipment 2025-02-28
COMPANY REGISTRATION NUMBER: 08414490
Althrey Transport Analysis Limited
Filleted Unaudited Financial Statements
28 February 2025
Althrey Transport Analysis Limited
Statement of Financial Position
28 February 2025
2025
2024
Note
£
£
£
Fixed assets
Tangible assets
5
13,393
18,533
Current assets
Debtors
6
29,575
19,768
Cash at bank and in hand
83,883
84,763
---------
---------
113,458
104,531
Creditors: amounts falling due within one year
7
41,867
31,637
---------
---------
Net current assets
71,591
72,894
--------
--------
Total assets less current liabilities
84,984
91,427
Provisions
Taxation including deferred tax
3,348
4,633
--------
--------
Net assets
81,636
86,794
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
81,536
86,694
--------
--------
Shareholders funds
81,636
86,794
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Althrey Transport Analysis Limited
Statement of Financial Position (continued)
28 February 2025
These financial statements were approved by the board of directors and authorised for issue on 6 August 2025 , and are signed on behalf of the board by:
Mr D Jones
Director
Company registration number: 08414490
Althrey Transport Analysis Limited
Notes to the Financial Statements
Year ended 28 February 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Althrey Lodge, Overton Road, Bangor on Dee, Wrexham, LL13 0DA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company accounting policies.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered in the field of transport analysis, stated net of discounts and of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Motor vehicles
-
25% reducing balance
Equipment
-
33% straight line
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
The following assets and liabilities within the accounts are classified as financial instruments - trade debtors, trade creditors and directors loans. Directors loans (being repayable upon demand), trade debtors and trade creditors, are measured at the undiscounted amount of cash or other consideration expected to be paid or received. Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the statement of Income and Retained Earnings.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).
5. Tangible assets
Motor vehicles
Equipment
Total
£
£
£
Cost
At 1 March 2024
31,244
3,800
35,044
Additions
145
145
--------
-------
--------
At 28 February 2025
31,244
3,945
35,189
--------
-------
--------
Depreciation
At 1 March 2024
13,669
2,842
16,511
Charge for the year
4,394
891
5,285
--------
-------
--------
At 28 February 2025
18,063
3,733
21,796
--------
-------
--------
Carrying amount
At 28 February 2025
13,181
212
13,393
--------
-------
--------
At 29 February 2024
17,575
958
18,533
--------
-------
--------
6. Debtors
2025
2024
£
£
Trade debtors
28,901
19,094
Other debtors
674
674
--------
--------
29,575
19,768
--------
--------
7. Creditors: amounts falling due within one year
2025
2024
£
£
Social security and other taxes
39,428
29,231
Other creditors
2,439
2,406
--------
--------
41,867
31,637
--------
--------
8. Director's advances, credits and guarantees
The director operated a current account with the company. The opening balance of the current account was £1,127 (2024 £1,139) and the closing balance was £1,087 (2024 £1,127).