Registered number
09171268
M & A Transport Services 2008 Ltd
Filleted Accounts
31 December 2024
M & A Transport Services 2008 Ltd
Registered number: 09171268
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 534,856 723,803
Current assets
Stocks 353,974 443,974
Debtors 4 57,867 34,500
Cash at bank and in hand 1,025,818 1,194,931
1,437,659 1,673,405
Creditors: amounts falling due within one year 5 (32,996) (228,914)
Net current assets 1,404,663 1,444,491
Net assets 1,939,519 2,168,294
Capital and reserves
Called up share capital 100 100
Share premium (710,420) (710,420)
Profit and loss account 2,649,839 2,878,614
Shareholders' funds 1,939,519 2,168,294
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mark Renwick
Director
Approved by the board on 26 September 2025
M & A Transport Services 2008 Ltd
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 23 24
3 Tangible fixed assets
Land and buildings Motor vehicles Total
£ £ £
Cost
At 1 January 2024 117,479 1,583,708 1,701,187
Additions - 115,922 115,922
At 31 December 2024 117,479 1,699,630 1,817,109
Depreciation
At 1 January 2024 23,496 953,888 977,384
Charge for the year 11,748 293,121 304,869
At 31 December 2024 35,244 1,247,009 1,282,253
Net book value
At 31 December 2024 82,235 452,621 534,856
At 31 December 2023 93,983 629,820 723,803
4 Debtors 2024 2023
£ £
Trade debtors 57,867 34,500
5 Creditors: amounts falling due within one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts - 8,599
Trade creditors 1,800 1,729
Taxation and social security costs 16,143 131,296
Other creditors 15,053 87,290
32,996 228,914
6 Other information
M & A Transport Services 2008 Ltd is a private company limited by shares and incorporated in England. Its registered office is:
The Office Willow Park Fishery
Youngs Drive
Aldershot
GU12 6RE
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