London Stansted Chauffeurs Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09784705

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		486,505		359,427

			486,505		359,427
CURRENT ASSETS
Debtors	5	70,391		143,216
Cash at bank and in hand		167,390		144,663

		237,781		287,879
Creditors: Amounts Falling Due Within One Year	6	(205,861 )		(192,850 )

NET CURRENT ASSETS (LIABILITIES)			31,920		95,029

TOTAL ASSETS LESS CURRENT LIABILITIES			518,425		454,456

Creditors: Amounts Falling Due After More Than One Year	7		(366,294 )		(255,967 )

NET ASSETS			152,131		198,489

CAPITAL AND RESERVES
Called up share capital	9		4		4
Profit and Loss Account			152,127		198,485

SHAREHOLDERS' FUNDS			152,131		198,489

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London Stansted Chauffeurs Limited

Balance Sheet (continued)

As At 30 September 2024

For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Marc Bilton

Director

29/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

London Stansted Chauffeurs Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09784705 . The registered office is The Counting House Watling Lane, Thaxted, Dunmow, CM6 2QY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25%
Computer Equipment	20%

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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London Stansted Chauffeurs Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2023: 3)

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 October 2023	730,401	6,044	736,445
Additions	272,464	-	272,464
Disposals	(164,534 )	-	(164,534 )

As at 30 September 2024	838,331	6,044	844,375

Depreciation
As at 1 October 2023	372,297	4,721	377,018
Provided during the period	103,448	437	103,885
Disposals	(123,033 )	-	(123,033 )

As at 30 September 2024	352,712	5,158	357,870

Net Book Value
As at 30 September 2024	485,619	886	486,505

As at 1 October 2023	358,104	1,323	359,427

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	45,491	123,383
Prepayments and accrued income	2,313	11,175
Other debtors	5,678	5,678
Other debtors (1)	16,909	-
VAT	-	2,980

	70,391	143,216

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London Stansted Chauffeurs Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	110,069	110,069
Trade creditors	476	476
Other taxes and social security	-	573
VAT	19,536	-
Net wages	-	5,587
Other creditors	12,759	13,184
Other creditors (1)	62,961	62,961
Director's loan account	60	-

	205,861	192,850

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	341,442	220,057
Bank loans	22,721	33,779
Other creditors	2,131	2,131

	366,294	255,967

8. Obligations Under Finance Leases and Hire Purchase

	2024	2023
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	110,069	110,069
Later than one year and not later than five years	341,442	220,057

	451,511	330,126

	451,511	330,126

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	4	4

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