Company Registration No. 6982642 (England and Wales)
CTS Bus Limited
Unaudited accounts
for the year ended 31 August 2022
CTS Bus Limited
Unaudited accounts
Contents
CTS Bus Limited
Company Information
for the year ended 31 August 2022
Directors
Mr M Jessop
Mr T Mitchell
Mr C Dickinson
Company Number
6982642 (England and Wales)
Registered Office
Wellington House
Lincoln Street
Huddersfield
West Yorkshire
HD1 6RX
Accountants
Simpson Accounting Services
38 Kellington Lane
Eggborough
North Yorkshire
DN14 0LB
CTS Bus Limited
Statement of financial position
as at 31 August 2022
Cash at bank and in hand
219,032
208,561
Creditors: amounts falling due within one year
(188,666)
(154,018)
Net current assets
47,306
54,543
Total assets less current liabilities
48,887
55,247
Creditors: amounts falling due after more than one year
(43,985)
(49,479)
Called up share capital
1,000
1,000
Profit and loss account
3,902
4,768
Shareholders' funds
4,902
5,768
For the year ending 31 August 2022 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 10 November 2022 and were signed on its behalf by
Mr C Dickinson
Director
Company Registration No. 6982642
CTS Bus Limited
Notes to the Accounts
for the year ended 31 August 2022
CTS Bus Limited is a private company, limited by shares, registered in England and Wales, registration number 6982642. The registered office is Wellington House, Lincoln Street, Huddersfield, West Yorkshire, HD1 6RX.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2021
766
548
1,314
At 31 August 2022
861
1,471
2,332
At 1 September 2021
411
199
610
Charge for the year
70
71
141
At 31 August 2022
481
270
751
At 31 August 2022
380
1,201
1,581
At 31 August 2021
355
349
704
CTS Bus Limited
Notes to the Accounts
for the year ended 31 August 2022
Amounts falling due within one year
Amounts due from group undertakings etc.
16,940
-
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
2
55
Loans from directors
12
12
Deferred income
189,529
141,572
7
Creditors: amounts falling due after more than one year
2022
2021
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
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Average number of employees
During the year the average number of employees was 0 (2021: 0).
