School Transport Ltd

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

Registered number: 13121634

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		42,884		32,716

			42,884		32,716
CURRENT ASSETS
Debtors	5	4,386		4,910
Cash at bank and in hand		6,347		3,364

		10,733		8,274
Creditors: Amounts Falling Due Within One Year	6	(75,445 )		(63,083 )

NET CURRENT ASSETS (LIABILITIES)			(64,712 )		(54,809 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(21,828 )		(22,093 )

NET LIABILITIES			(21,828 )		(22,093 )

Income and Expenditure Account			(21,828 )		(22,093 )

MEMBERS' FUNDS			(21,828)		(22,093)

For the year ending 31 January 2025 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 Income and Expenditure Account.

On behalf of the board

Mr Natan Hirsch

Director

31/10/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

School Transport Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 13121634 . The registered office is Flat 5 Prime House, Windus Road, London, N16 6UP.

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% reducing balance
Fixtures & Fittings	15% reducing balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 February 2024	56,000	1,683	57,683
Additions	24,300	-	24,300

As at 31 January 2025	80,300	1,683	81,983

Depreciation
As at 1 February 2024	24,500	467	24,967
Provided during the period	13,950	182	14,132

As at 31 January 2025	38,450	649	39,099

Net Book Value
As at 31 January 2025	41,850	1,034	42,884

As at 1 February 2024	31,500	1,216	32,716

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School Transport Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

5. Debtors

	2025	2024
	£	£
Due within one year
VAT	4,386	4,910

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	75,445	63,083

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.

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