Company Registration No. 09752166 (England and Wales)
GEORGE GLANTZINAS TRANSPORT LIMITED
Unaudited accounts
for the year ended 31 August 2023
GEORGE GLANTZINAS TRANSPORT LIMITED
Unaudited accounts
Contents
GEORGE GLANTZINAS TRANSPORT LIMITED
Company Information
for the year ended 31 August 2023
Director
Georgios Glantzinas
Company Number
09752166 (England and Wales)
Registered Office
18 WAVERTREE AVENUE
WIDNES
WA8 7LG
ENGLAND
Accountants
DoKument Ltd
Corbet Arms
High Street
Market Drayton
Shropshire
TF9 1PY
GEORGE GLANTZINAS TRANSPORT LIMITED
Statement of financial position
as at 31 August 2023
Tangible assets
68,945
46,112
Cash at bank and in hand
2,224
5,619
Creditors: amounts falling due within one year
(44,790)
(8,093)
Net current (liabilities)/assets
(40,660)
286
Total assets less current liabilities
28,285
46,398
Creditors: amounts falling due after more than one year
(49,609)
(45,969)
Net (liabilities)/assets
(21,324)
429
Called up share capital
1
1
Profit and loss account
(21,325)
428
Shareholders' funds
(21,324)
429
For the year ending 31 August 2023 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 4 January 2024 and were signed on its behalf by
Georgios Glantzinas
Director
Company Registration No. 09752166
GEORGE GLANTZINAS TRANSPORT LIMITED
Notes to the Accounts
for the year ended 31 August 2023
GEORGE GLANTZINAS TRANSPORT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09752166. The registered office is 18 WAVERTREE AVENUE, WIDNES, WA8 7LG, 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.
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.
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
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:
Plant & machinery
15% Reducing balance
4
Tangible fixed assets
Plant & machinery
At 1 September 2022
54,250
Charge for the year
12,167
Amounts falling due within one year
GEORGE GLANTZINAS TRANSPORT LIMITED
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,000
2,000
Obligations under finance leases and hire purchase contracts
23,665
14,784
Taxes and social security
1,504
-
Other creditors
18,997
4,055
Loans from directors
(11,656)
(15,849)
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
47,513
41,851
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
As of 31 August 2023, the director of the company owed £11,656 to the company (31 May 2022; £15,849 ) in respect of interest free loan, which is repayable on demand.
10
Average number of employees
During the year the average number of employees was 4 (2022: 2).