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Company Registration No. 07141944 (England and Wales)
VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD Unaudited accounts for the year ended 28 February 2026
VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD Company Information for the year ended 28 February 2026
Directors
S A Evans R D Evans
Company Number
07141944 (England and Wales)
Registered Office
UNIT 1 OAKLANDS INDUSTRIAL ESTATE FERNDALE RCT CF43 4UG
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VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD Statement of financial position as at 28 February 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
41,793
21,663
Current assets
Debtors
5
15,099
10,209
Cash at bank and in hand
17,594
13,354
32,693
23,563
Creditors: amounts falling due within one year
6
(15,034)
(10,953)
Net current assets
17,659
12,610
Net assets
59,452
34,273
Reserves
7
Profit and loss account
59,452
34,273
Members' funds
59,452
34,273
For the year ending 28 February 2026 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 8 July 2026 and were signed on its behalf by
S A Evans Director Company Registration No. 07141944
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VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD is a private company, limited by guarantee, registered in England and Wales, registration number 07141944. The registered office is UNIT 1, OAKLANDS INDUSTRIAL ESTATE, FERNDALE, RCT, CF43 4UG.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 March 2025
32,045
500
594
33,139
Additions
36,325
1,995
488
38,808
Disposals
(11,045)
-
-
(11,045)
At 28 February 2026
57,325
2,495
1,082
60,902
Depreciation
At 1 March 2025
10,851
31
594
11,476
Charge for the year
10,927
283
102
11,312
On disposals
(3,679)
-
-
(3,679)
At 28 February 2026
18,099
314
696
19,109
Net book value
At 28 February 2026
39,226
2,181
386
41,793
At 28 February 2025
21,194
469
-
21,663
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VILLAGE & VALLEYS (RCT) COMMUNITY TRANSPORT LTD Notes to the Accounts for the year ended 28 February 2026
5
Debtors
2026
2025
£
£
Amounts falling due within one year
VAT
1,212
3,048
Trade debtors
13,087
7,161
Other debtors
800
-
15,099
10,209
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
2,748
5,695
Taxes and social security
2,399
2,125
Accruals
325
325
Deferred income
9,562
2,808
15,034
10,953
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.
8
Average number of employees
During the year the average number of employees was 4 (2025: 4).
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