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REGISTERED NUMBER: 08941123 (England and Wales)















Unaudited Financial Statements

for the Period 1 November 2021 to 31 March 2023

for

Ewb Logistics Limited

Ewb Logistics Limited (Registered number: 08941123)






Contents of the Financial Statements
for the Period 1 November 2021 to 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ewb Logistics Limited

Company Information
for the Period 1 November 2021 to 31 March 2023







DIRECTORS: K D Warrington
K Randall





REGISTERED OFFICE: 31 Anson Road
Martlesham Heath
Ipswich
Suffolk
IP5 3RG





REGISTERED NUMBER: 08941123 (England and Wales)





ACCOUNTANTS: Suffolk Tax Accountants Group
9 Byford Court
Crockatt Road
Hadleigh
Ipswich
Suffolk
IP7 6RD

Ewb Logistics Limited (Registered number: 08941123)

Balance Sheet
31 March 2023

31.3.23 31.10.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,361 14,256

CURRENT ASSETS
Debtors 5 631,123 776,320
Prepayments and accrued income 257,167 54,873
Cash at bank 33,692 18,596
921,982 849,789
CREDITORS
Amounts falling due within one year 6 887,595 738,634
NET CURRENT ASSETS 34,387 111,155
TOTAL ASSETS LESS CURRENT LIABILITIES 39,748 125,411

CREDITORS
Amounts falling due after more than one year 7 (33,352 ) (121,089 )

PROVISIONS FOR LIABILITIES 8 (1,019 ) -
NET ASSETS 5,377 4,322

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 5,277 4,222
SHAREHOLDERS' FUNDS 5,377 4,322

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 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.

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 Board of Directors and authorised for issue on 4 November 2023 and were signed on its behalf by:




K D Warrington - Director


Ewb Logistics Limited (Registered number: 08941123)

Notes to the Financial Statements
for the Period 1 November 2021 to 31 March 2023

1. STATUTORY INFORMATION

Ewb Logistics Limited 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 represents the fair value of services provided during the period on client assignments. Turnover is recognised as contract activity progresses and the right to consideration is earned. Turnover excludes value added tax.

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 - 33% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the period 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 period 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Year-end date
The year-end date has changed to be 31 March 2023 and so this financial period represents a 17 month period, where as the prior period was 12 month. As such the prior year comparatives are not entirely comparable.

The year-end has been changed to represent a more appropriate financial year-end date for the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 19 (2021 - 18 ) .

Ewb Logistics Limited (Registered number: 08941123)

Notes to the Financial Statements - continued
for the Period 1 November 2021 to 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 November 2021 27,294 10,585 28,073 65,952
Additions - 568 1,095 1,663
At 31 March 2023 27,294 11,153 29,168 67,615
DEPRECIATION
At 1 November 2021 27,294 5,788 18,614 51,696
Charge for period - 2,027 8,531 10,558
At 31 March 2023 27,294 7,815 27,145 62,254
NET BOOK VALUE
At 31 March 2023 - 3,338 2,023 5,361
At 31 October 2021 - 4,797 9,459 14,256

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.10.21
£    £   
Trade debtors 315,663 453,545
Other debtors 315,460 322,775
631,123 776,320

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.10.21
£    £   
Bank loans and overdrafts 392,484 365,221
Trade creditors 269,748 238,251
Taxation and social security 165,280 86,210
Other creditors 60,083 48,952
887,595 738,634

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.10.21
£    £   
Bank loans 33,352 121,089

8. PROVISIONS FOR LIABILITIES
31.3.23 31.10.21
£    £   
Deferred tax
Accelerated capital allowances 1,019 -

Deferred
tax
£   
Provided during period 1,019
Balance at 31 March 2023 1,019

Ewb Logistics Limited (Registered number: 08941123)

Notes to the Financial Statements - continued
for the Period 1 November 2021 to 31 March 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.10.21
value: £    £   
100 Ordinary 1 100 100

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 March 2023 and the year ended 31 October 2021:

31.3.23 31.10.21
£    £   
D W Hill
Balance outstanding at start of period 31,837 26,754
Amounts advanced - 15,771
Amounts repaid - (10,688 )
Amounts written off (31,837 ) -
Amounts waived - -
Balance outstanding at end of period - 31,837

K D Warrington
Balance outstanding at start of period 77,519 64,320
Amounts advanced 115,360 67,773
Amounts repaid (86,273 ) (54,574 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 106,606 77,519

K Randall
Balance outstanding at start of period 60,475 50,672
Amounts advanced 112,049 64,378
Amounts repaid (69,273 ) (54,575 )
Amounts written off (103,251 ) -
Amounts waived - -
Balance outstanding at end of period - 60,475

Overdrawn director loan accounts are being charged interest using the official interest rates provided by the government, whilst the company is paying s455 tax where the loan accounts were not repaid within 9 months.

Where director loan accounts have been written off, these have been accounted for as deemed dividends.