IRIS Accounts Production v23.3.0.418 11774701 director 1.2.22 31.1.23 31.1.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure117747012022-01-31117747012023-01-31117747012022-02-012023-01-31117747012021-01-31117747012021-02-012022-01-31117747012022-01-3111774701ns16:EnglandWales2022-02-012023-01-3111774701ns15:PoundSterling2022-02-012023-01-3111774701ns11:Director12022-02-012023-01-3111774701ns11:PrivateLimitedCompanyLtd2022-02-012023-01-3111774701ns11:SmallEntities2022-02-012023-01-3111774701ns11:AuditExempt-NoAccountantsReport2022-02-012023-01-3111774701ns11:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3111774701ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-3111774701ns11:FullAccounts2022-02-012023-01-3111774701ns11:RegisteredOffice2022-02-012023-01-3111774701ns6:CurrentFinancialInstruments2023-01-3111774701ns6:CurrentFinancialInstruments2022-01-3111774701ns6:ShareCapital2023-01-3111774701ns6:ShareCapital2022-01-3111774701ns6:RetainedEarningsAccumulatedLosses2023-01-3111774701ns6:RetainedEarningsAccumulatedLosses2022-01-3111774701ns6:PlantMachinery2022-02-012023-01-3111774701ns6:PlantMachinery2022-01-3111774701ns6:PlantMachinery2023-01-3111774701ns6:PlantMachinery2022-01-3111774701ns6:WithinOneYearns6:CurrentFinancialInstruments2023-01-3111774701ns6:WithinOneYearns6:CurrentFinancialInstruments2022-01-31
REGISTERED NUMBER: 11774701 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2023

FOR

SNB LOGISTICS LTD

SNB LOGISTICS LTD (REGISTERED NUMBER: 11774701)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SNB LOGISTICS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JANUARY 2023







DIRECTOR: N J Boyce





REGISTERED OFFICE: 12 White Lias Way
Upper Lighthorne
Leamington Spa
Warwickshire
CV33 8AE





REGISTERED NUMBER: 11774701 (England and Wales)






SNB LOGISTICS LTD (REGISTERED NUMBER: 11774701)

BALANCE SHEET
31ST JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,394 5,418

CURRENT ASSETS
Debtors 5 126,449 104,976
Cash at bank 37,248 84,410
163,697 189,386
CREDITORS
Amounts falling due within one year 6 121,096 143,386
NET CURRENT ASSETS 42,601 46,000
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,995

51,418

PROVISIONS FOR LIABILITIES 645 1,029
NET ASSETS 45,350 50,389

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 45,347 50,386
45,350 50,389

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SNB LOGISTICS LTD (REGISTERED NUMBER: 11774701)

BALANCE SHEET - continued
31ST JANUARY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 12th October 2023 and were signed by:





N J Boyce - Director


SNB LOGISTICS LTD (REGISTERED NUMBER: 11774701)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2023


1. STATUTORY INFORMATION

SNB Logistics 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

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 etc - 33% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

SNB LOGISTICS LTD (REGISTERED NUMBER: 11774701)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st February 2022 12,491
Additions 1,681
At 31st January 2023 14,172
DEPRECIATION
At 1st February 2022 7,073
Charge for year 3,705
At 31st January 2023 10,778
NET BOOK VALUE
At 31st January 2023 3,394
At 31st January 2022 5,418

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 126,449 104,976

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 75,306 87,590
Taxation and social security 45,040 55,046
Other creditors 750 750
121,096 143,386

7. ULTIMATE CONTROLLING PARTY

The controlling party is N J Boyce.