VEO LOGISTICS LTD
Unaudited accounts
Contents
VEO LOGISTICS LTD
Company Information
for the year ended 31 March 2023
Company Number
13941976 (England and Wales)
Registered Office
4 THE SPIRES
1 ADELAIDE STREET
LUTON
LU1 5BB
ENGLAND
Accountants
Nathan Grace Ltd
6 Homestead Lane
Buckinghamshire
MK18 2RU
VEO LOGISTICS LTD
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
71,792
Creditors: amounts falling due within one year
(227,729)
Net current liabilities
(49,542)
Profit and loss account
(74,998)
For the year ending 31 March 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 3 November 2023 and were signed on its behalf by
SULTAN, Omar
Director
Company Registration No. 13941976
VEO LOGISTICS LTD
Notes to the Accounts
for the year ended 31 March 2023
VEO LOGISTICS LTD is a private company, limited by shares, registered in England and Wales, registration number 13941976. The registered office is 4 THE SPIRES, 1 ADELAIDE STREET, LUTON, LU1 5BB, ENGLAND.
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 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:
Plant & machinery
Depreciated over 3 years
Fixtures & fittings
Depreciated over 6 years
Computer equipment
Depreciated over 3 years
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
34,562
26,257
8,692
69,511
At 31 March 2023
34,562
26,257
8,692
69,511
At 1 April 2022
8,640
-
-
8,640
Charge for the year
-
4,270
2,056
6,326
At 31 March 2023
8,640
4,270
2,056
14,966
At 31 March 2023
25,922
21,987
6,636
54,545
Amounts falling due within one year
VEO LOGISTICS LTD
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
Taxes and social security
20,375
Loans from directors
6,513
7
Average number of employees
During the year the average number of employees was 22.