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Company Registration No. 12790799 (England and Wales)
SPIRE TRANSPORT SERVICES LIMITED Unaudited accounts for the year ended 31 August 2024
SPIRE TRANSPORT SERVICES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SPIRE TRANSPORT SERVICES LIMITED Company Information for the year ended 31 August 2024
Directors
Navpreet SINGH DHILLON, Amanpreet Singh
Company Number
12790799 (England and Wales)
Registered Office
166 THE BROADWAY DUDLEY DY1 3EJ ENGLAND
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SPIRE TRANSPORT SERVICES LIMITED Statement of financial position as at 31 August 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
120,934
50,678
Current assets
Debtors
5
13,171
13,171
Cash at bank and in hand
10,977
30,537
24,148
43,708
Creditors: amounts falling due within one year
6
(35,755)
(11,566)
Net current (liabilities)/assets
(11,607)
32,142
Total assets less current liabilities
109,327
82,820
Creditors: amounts falling due after more than one year
7
(145,484)
(151,154)
Net liabilities
(36,157)
(68,334)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(36,257)
(68,434)
Shareholders' funds
(36,157)
(68,334)
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 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 29 August 2025 and were signed on its behalf by
Navpreet SINGH Director Company Registration No. 12790799
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SPIRE TRANSPORT SERVICES LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
SPIRE TRANSPORT SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12790799. The registered office is 166 THE BROADWAY, DUDLEY, DY1 3EJ, ENGLAND.
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:
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 September 2023
56,308
Additions
82,968
At 31 August 2024
139,276
Depreciation
At 1 September 2023
5,630
Charge for the year
12,712
At 31 August 2024
18,342
Net book value
At 31 August 2024
120,934
At 31 August 2023
50,678
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SPIRE TRANSPORT SERVICES LIMITED Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Other debtors
13,171
13,171
6
Creditors: amounts falling due within one year
2024
2023
£
£
VAT
22,204
5,325
Taxes and social security
7,561
-
Loans from directors
-
(100)
Accruals
5,990
6,341
35,755
11,566
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
69,197
13,171
Loans from directors
76,287
137,983
145,484
151,154
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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