Company Registration No. 04616116 (England and Wales)
PAB Logistics Limited
Unaudited accounts
for the year ended 31 May 2023
PAB Logistics Limited
Unaudited accounts
Contents
PAB Logistics Limited
Company Information
for the year ended 31 May 2023
Company Number
04616116 (England and Wales)
Registered Office
Unit 1 Spencroft Road
Lymedale Industrial Estate
Newcastle
Staffs
ST5 9HX
UK
Accountants
Bramptons Accountants Ltd
20 George Street
Newcastle-Under-Lyme
Staffordshire
ST5 1DJ
PAB Logistics Limited
Statement of financial position
as at 31 May 2023
Tangible assets
158,169
164,815
Cash at bank and in hand
278,431
65,567
Creditors: amounts falling due within one year
(195,127)
(216,168)
Net current assets
288,355
170,279
Total assets less current liabilities
446,524
335,094
Creditors: amounts falling due after more than one year
(30,834)
(38,100)
Net assets
415,690
296,994
Called up share capital
3
3
Profit and loss account
415,687
296,991
Shareholders' funds
415,690
296,994
For the year ending 31 May 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 20 June 2023 and were signed on its behalf by
Peter Boulton
Director
Company Registration No. 04616116
PAB Logistics Limited
Notes to the Accounts
for the year ended 31 May 2023
PAB Logistics Limited is a private company, limited by shares, registered in England and Wales, registration number 04616116. The registered office is Unit 1 Spencroft Road, Lymedale Industrial Estate, Newcastle, Staffs, ST5 9HX, UK.
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
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
137,633
23,657
97,278
258,568
At 31 May 2023
137,633
23,657
97,278
258,568
At 1 June 2022
-
20,680
73,073
93,753
Charge for the year
-
595
6,051
6,646
At 31 May 2023
-
21,275
79,124
100,399
At 31 May 2023
137,633
2,382
18,154
158,169
At 31 May 2022
137,633
2,977
24,205
164,815
Amounts falling due within one year
Trade debtors
190,551
120,258
Other debtors
14,500
114,708
PAB Logistics Limited
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
10,692
Trade creditors
12,418
111,545
Taxes and social security
42,234
39,680
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 9 (2022: 10).