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REGISTERED NUMBER: 13176143 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023

FOR

LOUD LOGISTICS LTD

LOUD LOGISTICS LTD (REGISTERED NUMBER: 13176143)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


LOUD LOGISTICS LTD

COMPANY INFORMATION
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023







DIRECTOR: Ms M L Bird





REGISTERED OFFICE: Unit 2.02, High Weald House
Glovers End
Bexhill-On-Sea
East Sussex
TN39 5ES





REGISTERED NUMBER: 13176143 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

LOUD LOGISTICS LTD (REGISTERED NUMBER: 13176143)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 52,928 541

CURRENT ASSETS
Debtors 5 115,251 6,042
Investments 6 146,300 -
Cash at bank 587,239 15,539
848,790 21,581
CREDITORS
Amounts falling due within one year 7 394,482 21,498
NET CURRENT ASSETS 454,308 83
TOTAL ASSETS LESS CURRENT
LIABILITIES

507,236

624

PROVISIONS FOR LIABILITIES 8 10,056 -
NET ASSETS 497,180 624

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 497,179 623
SHAREHOLDERS' FUNDS 497,180 624

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

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

The director acknowledges her 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.

LOUD LOGISTICS LTD (REGISTERED NUMBER: 13176143)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 November 2023 and were signed by:





Ms M L Bird - Director


LOUD LOGISTICS LTD (REGISTERED NUMBER: 13176143)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023


1. STATUTORY INFORMATION

Loud 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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

TAXATION
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2022 - 2 ) .

LOUD LOGISTICS LTD (REGISTERED NUMBER: 13176143)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
Cost
At 1 March 2022 - - 669 669
Additions 1,878 53,238 - 55,116
At 31 March 2023 1,878 53,238 669 55,785
Depreciation
At 1 March 2022 - - 128 128
Charge for period 155 2,334 240 2,729
At 31 March 2023 155 2,334 368 2,857
Net book value
At 31 March 2023 1,723 50,904 301 52,928
At 28 February 2022 - - 541 541

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 19,411 -
Other debtors 95,840 6,042
115,251 6,042

6. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Other 146,300 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 209,000 -
Taxation and social security 181,252 6,577
Other creditors 4,230 14,921
394,482 21,498

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 10,056 -

LOUD LOGISTICS LTD (REGISTERED NUMBER: 13176143)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Provided during period 10,056
Balance at 31 March 2023 10,056

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1