Company Registration No. 10570027 (England and Wales)
S&N LOGISTICS LTD
Unaudited accounts
for the year ended 31 January 2023
S&N LOGISTICS LTD
Unaudited accounts
Contents
S&N LOGISTICS LTD
Company Information
for the year ended 31 January 2023
Company Number
10570027 (England and Wales)
Registered Office
7 Livingstone Road
West Bromwich
B70 7HU
Accountants
Eurofirma Ltd
59 Devons Road
London
E3 3DW
S&N LOGISTICS LTD
Statement of financial position
as at 31 January 2023
Tangible assets
18,717
8,836
Cash at bank and in hand
387
1,970
Creditors: amounts falling due within one year
(20,123)
(27,743)
Net current liabilities
(18,259)
(15,873)
Net assets/(liabilities)
458
(7,037)
Called up share capital
100
100
Profit and loss account
358
(7,137)
Shareholders' funds
458
(7,037)
For the year ending 31 January 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 20 October 2023 and were signed on its behalf by
SERGIU PENDUS
Director
Company Registration No. 10570027
S&N LOGISTICS LTD
Notes to the Accounts
for the year ended 31 January 2023
S&N LOGISTICS LTD is a private company, limited by shares, registered in England and Wales, registration number 10570027. The registered office is 7 Livingstone Road, West Bromwich , B70 7HU.
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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.
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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2022
14,490
-
14,490
At 31 January 2023
14,490
13,990
28,480
At 1 February 2022
5,654
-
5,654
Charge for the year
1,591
2,518
4,109
At 31 January 2023
7,245
2,518
9,763
At 31 January 2023
7,245
11,472
18,717
At 31 January 2022
8,836
-
8,836
Amounts falling due within one year
Accrued income and prepayments
688
9,800
S&N LOGISTICS LTD
Notes to the Accounts
for the year ended 31 January 2023
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
20,003
25,509
Taxes and social security
120
2,234
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 1 (2022: 2).