Company Registration No. NI631725 (Northern Ireland)
SD Freight Ltd
Unaudited accounts
for the year ended 31 December 2023
SD Freight Ltd
Unaudited accounts
Contents
SD Freight Ltd
Company Information
for the year ended 31 December 2023
Company Number
NI631725 (Northern Ireland)
Registered Office
7 CARRAIG WAY
CULLYHANNA
DOWN
BT35 0BH
NORTHERN IRELAND
SD Freight Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
3,906
5,207
Cash at bank and in hand
(1,724)
3,611
Creditors: amounts falling due within one year
(47,216)
(60,888)
Net current liabilities
(5,828)
(26,473)
Total assets less current liabilities
(1,922)
(21,266)
Creditors: amounts falling due after more than one year
8,285
21,500
Called up share capital
100
100
Profit and loss account
6,263
134
Shareholders' funds
6,363
234
For the year ending 31 December 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 22 January 2024 and were signed on its behalf by
Sean Duncan
Director
Company Registration No. NI631725
SD Freight Ltd
Notes to the Accounts
for the year ended 31 December 2023
SD Freight Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI631725. The registered office is 7 CARRAIG WAY, CULLYHANNA, DOWN, BT35 0BH, NORTHERN IRELAND.
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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:
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Tangible fixed assets
Plant & machinery
At 31 December 2023
25,500
At 31 December 2023
21,594
Amounts falling due within one year
Other debtors
38,472
30,804
SD Freight Ltd
Notes to the Accounts
for the year ended 31 December 2023
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
50,836
65,538
Obligations under finance leases and hire purchase contracts
(3,620)
(4,650)
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Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
(8,285)
(21,500)
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Average number of employees
During the year the average number of employees was 0 (2022: 0).