Company Registration No. 12212039 (England and Wales)
M S S Logistics Limited
Unaudited accounts
for the year ended 30 September 2023
M S S Logistics Limited
Unaudited accounts
Contents
M S S Logistics Limited
Company Information
for the year ended 30 September 2023
Company Number
12212039 (England and Wales)
Registered Office
90 LOWER YORK STREET
WAKEFIELD
WF1 3NA
ENGLAND
M S S Logistics Limited
Statement of financial position
as at 30 September 2023
Tangible assets
2,116,097
2,235,497
Cash at bank and in hand
1,589,453
1,319,022
Creditors: amounts falling due within one year
(750,606)
(911,613)
Net current assets
1,562,612
1,252,537
Total assets less current liabilities
3,678,709
3,488,034
Creditors: amounts falling due after more than one year
(1,615,817)
(1,699,685)
Net assets
2,062,892
1,788,349
Called up share capital
100
100
Profit and loss account
2,062,792
1,788,249
Shareholders' funds
2,062,892
1,788,349
For the year ending 30 September 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 9 February 2024 and were signed on its behalf by
Said Sarwar
Director
Company Registration No. 12212039
M S S Logistics Limited
Notes to the Accounts
for the year ended 30 September 2023
M S S Logistics Limited is a private company, limited by shares, registered in England and Wales, registration number 12212039. The registered office is 90 LOWER YORK STREET, WAKEFIELD, WF1 3NA, 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 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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2022
375,462
2,545,765
59,436
2,980,663
Additions
-
585,966
-
585,966
At 30 September 2023
375,462
3,131,731
59,436
3,566,629
At 1 October 2022
93,866
636,441
14,859
745,166
Charge for the year
70,399
623,823
11,144
705,366
At 30 September 2023
164,265
1,260,264
26,003
1,450,532
At 30 September 2023
211,197
1,871,467
33,433
2,116,097
At 30 September 2022
281,596
1,909,324
44,577
2,235,497
Amounts falling due within one year
Trade debtors
723,765
845,128
M S S Logistics Limited
Notes to the Accounts
for the year ended 30 September 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
83,868
83,868
Trade creditors
287,589
367,325
Taxes and social security
301,321
371,307
Loans from directors
52,561
56,324
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
1,615,817
1,699,685
8
Average number of employees
During the year the average number of employees was 48 (2022: 45).