PDS TRANSPORT LTD

PDS TRANSPORT LTD

PDS TRANSPORT LTD - Company Information

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Company Registration No. 10524109 (England and Wales)
PDS TRANSPORT LTD Unaudited accounts for the year ended 31 December 2022
PDS TRANSPORT LTD Unaudited accounts Contents
Page
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PDS TRANSPORT LTD Company Information for the year ended 31 December 2022
Director
Ioan-Costel Pascu
Company Number
10524109 (England and Wales)
Registered Office
Unit L1, Haydock Cross, Kilbuck Lane Saint Helens Merseyside WA11 9UX ENGLAND
Accountants
Strategic Ridge Ltd Unit House Speke Boulevard Liverpool Merseyside L24 9HZ
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PDS TRANSPORT LTD Accountants' report
Accountants' report to the director of PDS TRANSPORT LTD on the preparation of the unaudited statutory accounts for the year ended 31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PDS TRANSPORT LTD for the year ended 31 December 2022 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of PDS TRANSPORT LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of PDS TRANSPORT LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PDS TRANSPORT LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that PDS TRANSPORT LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of PDS TRANSPORT LTD. You consider that PDS TRANSPORT LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of PDS TRANSPORT LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Strategic Ridge Ltd Unit House Speke Boulevard Liverpool Merseyside L24 9HZ 22 August 2023
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PDS TRANSPORT LTD Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
756,852 
408,004 
Current assets
Debtors
5
69,478 
80,822 
Cash at bank and in hand
(7,457)
225,954 
62,021 
306,776 
Creditors: amounts falling due within one year
6
(76,877)
8,848 
Net current (liabilities)/assets
(14,856)
315,624 
Total assets less current liabilities
741,996 
723,628 
Creditors: amounts falling due after more than one year
7
(401,053)
(253,045)
Net assets
340,943 
470,583 
Capital and reserves
Capital contribution reserve
(16,147)
4,495 
Profit and loss account
357,090 
466,088 
Shareholders' funds
340,943 
470,583 
For the year ending 31 December 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 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 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 and authorised for issue on 22 August 2023 and were signed on its behalf by
Ioan-Costel Pascu Director Company Registration No. 10524109
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PDS TRANSPORT LTD Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
PDS TRANSPORT LTD is a private company, limited by shares, registered in England and Wales, registration number 10524109. The registered office is Unit L1, Haydock Cross, Kilbuck Lane, Saint Helens, Merseyside, WA11 9UX, ENGLAND.
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.
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% straight line depreciation
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2022
4,965 
314,975 
- 
319,940 
Additions
1,800 
291,449 
154 
293,403 
Disposals
(1,615)
29,600 
- 
27,985 
At 31 December 2022
5,150 
636,024 
154 
641,328 
Depreciation
At 1 January 2022
(1,655)
(86,409)
- 
(88,064)
Charge for the year
(2,226)
(25,200)
(34)
(27,460)
At 31 December 2022
(3,881)
(111,609)
(34)
(115,524)
Net book value
At 31 December 2022
9,031 
747,633 
188 
756,852 
At 31 December 2021
6,620 
401,384 
- 
408,004 
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PDS TRANSPORT LTD Notes to the Accounts for the year ended 31 December 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
VAT
- 
9,701 
Trade debtors
63,882 
- 
Other debtors
5,596 
- 
69,478 
9,701 
Amounts falling due after more than one year
Accrued income and prepayments
- 
71,121 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
20,290 
41,854 
Taxes and social security
(21,428)
(58,302)
Other creditors
70,002 
- 
Loans from directors
8,013 
7,600 
76,877 
(8,848)
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
401,053 
207,092 
Other creditors
- 
45,953 
401,053 
253,045 
8
Average number of employees
During the year the average number of employees was 12 (2021: 10).
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