P A Davis (Transport) Limited - Period Ending 2022-10-31

P A Davis (Transport) Limited

Contents

Company Information	1
Profit and Loss Account	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	3
Detailed Profit and Loss Account	5 to 6

P A Davis (Transport) Limited

Company Information

Director

Mr PA Davis

Registered office

Unit 10 Phoenix Park Stephenson Industrial Estate Telford Way Coalville Leicestershire LE67 3HB

Accountants

Evolve Accountants and Business Advisors Limited Unit 10 Phoenix Park Stephenson Industrial Estate Telford Way Coalville Leicestershire LE67 3HB

P A Davis (Transport) Limited

Profit and Loss Account for the Year Ended 31 October 2022

	2022 £	2021 £
Turnover	72,093	80,712
Cost of raw materials and consumables	(37,768)	(40,648)
Staff costs	(8,989)	(8,818)
Depreciation and other amounts written off assets	(6,400)	(6,400)
Other charges	(2,482)	(3,050)
Profit before tax	16,454	21,796
Tax on profit	(3,127)	(4,148)
Profit for the year	13,327	17,648

P A Davis (Transport) Limited

(Registration number: 04557265)
Balance Sheet as at 31 October 2022

	2022 £	2021 £
Fixed assets	440	6,840
Current assets	16,322	20,071
Creditors: Amounts falling due within one year	(11,284)	(13,328)
Net current assets	5,038	6,743
Total assets less current liabilities	5,478	13,583
Provisions for liabilities	(84)	(1,300)
	5,394	12,283
Capital and reserves	5,394	12,283

1	General information

The company is a private company limited by share capital, incorporated in England and Wales .

The address of its registered office is:
Unit 10 Phoenix Park
Stephenson Industrial Estate
Telford Way
Coalville
Leicestershire
LE67 3HB
England

These financial statements were authorised for issue by the director on 17 February 2023.

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2021 - 1).

For the financial year ending 31 October 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

P A Davis (Transport) Limited

(Registration number: 04557265)
Balance Sheet as at 31 October 2022

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 17 February 2023
 

......................................... Mr PA Davis Director

P A Davis (Transport) Limited

Detailed Profit and Loss Account for the Year Ended 31 October 2022

	2022 £	2021 £
Turnover (analysed below)	72,093	80,712
Cost of sales (analysed below)	(37,768)	(40,648)
Gross profit	34,325	40,064
Gross profit (%)	47.61%	49.64%
Administrative expenses
Employment costs (analysed below)	(8,989)	(8,818)
Establishment costs (analysed below)	(120)	(208)
General administrative expenses (analysed below)	(1,932)	(1,833)
Finance charges (analysed below)	(424)	(421)
Depreciation costs (analysed below)	(6,400)	(6,400)
	(17,865)	(17,680)
Operating profit	16,460	22,384
Interest payable and similar expenses (analysed below)	(6)	(588)
Profit before tax	16,454	21,796

P A Davis (Transport) Limited

Detailed Profit and Loss Account for the Year Ended 31 October 2022

2022 £

2021 £

Turnover
Sales	72,093	80,712

Cost of sales
Diesel and toll charges	(23,993)	(21,198)
Repairs	(7,029)	(12,197)
Vehicle insurance and licence	(3,081)	(3,603)
Parking charges	(3,665)	(3,650)
	(37,768)	(40,648)

Employment costs
Directors remuneration	(8,989)	(8,818)

Establishment costs
Use of home as office	(120)	(208)

General administrative expenses
Telephone	(321)	(186)
Printing, postage and stationery	(183)	(324)
Sundry expenses	(13)	(48)
Accountancy fees	(950)	(950)
Legal and professional fees	(465)	(325)
	(1,932)	(1,833)

Finance charges
Bank charges	(424)	(421)

Depreciation costs
Depreciation	(6,400)	(6,400)

Interest payable and similar expenses
Bank interest payable	(3)	(190)
Hire purchase interest	-	(396)
Other interest payable	(3)	(2)
	(6)	(588)