Company Registration No. 10260117 (England and Wales)
RIN Logistics LTD
Unaudited accounts
for the year ended 31 July 2022
RIN Logistics LTD
Unaudited accounts
Contents
RIN Logistics LTD
Company Information
for the year ended 31 July 2022
Company Number
10260117 (England and Wales)
Registered Office
102 Thorpe Road
London
E7 9EE
Accountants
Ultimate Accounting & Tax Solutions Ltd
27 Longbridge Road
Barking
Essex
IG11 8TN
RIN Logistics LTD
Statement of financial position
as at 31 July 2022
Tangible assets
18,572
21,735
Cash at bank and in hand
1,883
2,338
Creditors: amounts falling due within one year
(30,135)
(30,471)
Net current liabilities
(144)
(2,563)
Total assets less current liabilities
18,428
19,172
Creditors: amounts falling due after more than one year
(17,833)
(18,223)
Called up share capital
100
100
Profit and loss account
495
849
Shareholders' funds
595
949
For the year ending 31 July 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 10 October 2023 and were signed on its behalf by
Dorin TOADER
Director
Company Registration No. 10260117
RIN Logistics LTD
Notes to the Accounts
for the year ended 31 July 2022
RIN Logistics LTD is a private company, limited by shares, registered in England and Wales, registration number 10260117. The registered office is 102 Thorpe Road , London, E7 9EE.
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.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2021
33,572
6,292
39,864
At 31 July 2022
35,051
6,292
41,343
At 1 August 2021
13,899
4,230
18,129
Charge for the year
4,230
412
4,642
At 31 July 2022
18,129
4,642
22,771
At 31 July 2022
16,922
1,650
18,572
At 31 July 2021
19,673
2,062
21,735
Amounts falling due within one year
RIN Logistics LTD
Notes to the Accounts
for the year ended 31 July 2022
6
Investments held as current assets
2022
2021
Listed investments
20,000
20,000
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
11,144
11,144
Taxes and social security
8,887
9,533
Other creditors
10,104
9,794
8
Creditors: amounts falling due after more than one year
2022
2021
Taxes and social security
7,477
2,867
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).