REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 28 JUNE 2022 TO 30 JUNE 2023 |
FOR |
SPEEDSHIFT LOGISTICS LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 28 JUNE 2022 TO 30 JUNE 2023 |
FOR |
SPEEDSHIFT LOGISTICS LTD |
SPEEDSHIFT LOGISTICS LTD (REGISTERED NUMBER: 09641263) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 28 JUNE 2022 TO 30 JUNE 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
SPEEDSHIFT LOGISTICS LTD |
COMPANY INFORMATION |
FOR THE PERIOD 28 JUNE 2022 TO 30 JUNE 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Dynevor House |
5-6 De La Beche Street |
Swansea |
SA1 3HA |
SPEEDSHIFT LOGISTICS LTD (REGISTERED NUMBER: 09641263) |
BALANCE SHEET |
30 JUNE 2023 |
2023 | 2022 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
SPEEDSHIFT LOGISTICS LTD (REGISTERED NUMBER: 09641263) |
BALANCE SHEET - continued |
30 JUNE 2023 |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
SPEEDSHIFT LOGISTICS LTD (REGISTERED NUMBER: 09641263) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 28 JUNE 2022 TO 30 JUNE 2023 |
1. | STATUTORY INFORMATION |
Speedshift Logistics Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Computer equipment | - |
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 |
Pension costs relate to the employer's element of pension obligations due under auto enrolment and are charged to the profit and loss account in the period to which they relate. |
Going concern |
This is considered appropriate since the loss for the year reduced and interim management accounts show the company is trading profitably subsequently. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
SPEEDSHIFT LOGISTICS LTD (REGISTERED NUMBER: 09641263) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 28 JUNE 2022 TO 30 JUNE 2023 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and | Computer |
machinery | fittings | equipment | Totals |
£ | £ | £ | £ |
COST |
At 28 June 2022 |
and 30 June 2023 |
DEPRECIATION |
At 28 June 2022 |
Charge for period |
At 30 June 2023 |
NET BOOK VALUE |
At 30 June 2023 |
At 27 June 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
S455 debtor | 21,762 | 21,762 |
Directors' current accounts | 121,126 | 106,023 |
VAT |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans and overdrafts |
Other loans |
Trade creditors |
Social security and other taxes |
Pension creditor | 634 | 517 |
VAT | 9,314 | - |
Other creditors |
Accruals |
Deferred grants |
SPEEDSHIFT LOGISTICS LTD (REGISTERED NUMBER: 09641263) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 28 JUNE 2022 TO 30 JUNE 2023 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans - 1-5 years |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | 1 | 2 | 2 |
9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the period ended 30 June 2023 and the year ended 27 June 2022: |
2023 | 2022 |
£ | £ |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |
Balance outstanding at start of period |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |