IRIS Accounts Production v17.3.1.106 06824325 Board of Directors 29.2.16 28.2.17 28.2.17 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure068243252016-02-28068243252017-02-28068243252016-02-292017-02-28068243252015-02-28068243252015-03-012016-02-28068243252016-02-2806824325ns15:EnglandWales2016-02-292017-02-2806824325ns14:PoundSterling2016-02-292017-02-2806824325ns10:Director12016-02-292017-02-2806824325ns10:PrivateLimitedCompanyLtd2016-02-292017-02-2806824325ns10:SmallEntities2016-02-292017-02-2806824325ns10:AuditExempt-NoAccountantsReport2016-02-292017-02-2806824325ns10:SmallCompaniesRegimeForDirectorsReport2016-02-292017-02-2806824325ns10:SmallCompaniesRegimeForAccounts2016-02-292017-02-2806824325ns10:AbridgedAccounts2016-02-292017-02-2806824325ns10:OrdinaryShareClass12016-02-292017-02-2806824325ns10:Director22016-02-292017-02-2806824325ns10:RegisteredOffice2016-02-292017-02-2806824325ns5:CurrentFinancialInstruments2017-02-2806824325ns5:CurrentFinancialInstruments2016-02-2806824325ns5:ShareCapital2017-02-2806824325ns5:ShareCapital2016-02-2806824325ns5:RetainedEarningsAccumulatedLosses2017-02-2806824325ns5:RetainedEarningsAccumulatedLosses2016-02-2806824325ns5:PlantMachinery2016-02-292017-02-2806824325ns5:FurnitureFittings2016-02-292017-02-2806824325ns5:MotorVehicles2016-02-292017-02-2806824325ns10:OrdinaryShareClass12017-02-28


REGISTERED NUMBER: 06824325 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2017

for

AB Transport Solutions Ltd

AB Transport Solutions Ltd (Registered number: 06824325)






Contents of the Financial Statements
for the Year Ended 28 February 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


AB Transport Solutions Ltd

Company Information
for the Year Ended 28 February 2017







DIRECTORS: Mrs J K Tucker
Mr A P Tucker



REGISTERED OFFICE: 11 Constable Close
Sproatley
Hull
East Yorkshire
HU11 4XJ



REGISTERED NUMBER: 06824325 (England and Wales)



ACCOUNTANTS: 360 Accountants Limited
19 Albion Street
Hull
East Yorkshire
HU1 3TG



BANKERS: Santander UK plc
Bridle Road
Bootle
Merseyside
L30 4GB

AB Transport Solutions Ltd (Registered number: 06824325)

Abridged Balance Sheet
28 February 2017

28/2/17 28/2/16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 15,545 27,882

CURRENT ASSETS
Debtors 46,356 46,885
Cash in hand 194 25
46,550 46,910
CREDITORS
Amounts falling due within one year 99,686 104,183
NET CURRENT LIABILITIES (53,136 ) (57,273 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(37,591

)

(29,391

)

PROVISIONS FOR LIABILITIES 2,946 6,906
NET LIABILITIES (40,537 ) (36,297 )

CAPITAL AND RESERVES
Called up share capital 6 9 9
Retained earnings (40,546 ) (36,306 )
SHAREHOLDERS' FUNDS (40,537 ) (36,297 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

AB Transport Solutions Ltd (Registered number: 06824325)

Abridged Balance Sheet - continued
28 February 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 29 March 2018 and were signed on its behalf by:





Mrs J K Tucker - Director


AB Transport Solutions Ltd (Registered number: 06824325)

Notes to the Financial Statements
for the Year Ended 28 February 2017

1. STATUTORY INFORMATION

AB Transport Solutions Ltd is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. These financial statements for the year ended 28 February 2017 are the first financial statements that comply with FRS 102 Section 1A. The date of transition is 1 March 2015.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2016 - 4 ) .

AB Transport Solutions Ltd (Registered number: 06824325)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2017

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 29 February 2016 81,837
Additions 4,050
Disposals (37,745 )
At 28 February 2017 48,142
DEPRECIATION
At 29 February 2016 53,955
Charge for year 4,860
Eliminated on disposal (26,218 )
At 28 February 2017 32,597
NET BOOK VALUE
At 28 February 2017 15,545
At 28 February 2016 27,882

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 28/2/17 28/2/16
value: £    £   
9 Ordinary £1 9 9

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is Mrs J K Tucker.