PANDA FREIGHT LTD.

Company Registration Number:
09283365 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

PANDA FREIGHT LTD.

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

PANDA FREIGHT LTD.

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 124,850 2,000
Total fixed assets: 124,850 2,000
Current assets
Debtors:   994,162 569,858
Cash at bank and in hand: 5,976 134,624
Total current assets: 1,000,138 704,482
Creditors: amounts falling due within one year:   (781,848) (678,035)
Net current assets (liabilities): 218,290 26,447
Total assets less current liabilities: 343,140 28,447
Total net assets (liabilities): 343,140 28,447
Capital and reserves
Called up share capital: 36,766 1
Profit and loss account: 306,374 28,446
Shareholders funds: 343,140 28,447

The notes form part of these financial statements

PANDA FREIGHT LTD.

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 July 2024
and signed on behalf of the board by:

Name: Frank McGuiness
Status: Director

The notes form part of these financial statements

PANDA FREIGHT LTD.

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PANDA FREIGHT LTD.

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

PANDA FREIGHT LTD.

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 2,000
Additions 136,200
At 31 October 2023 138,200
Depreciation
At 01 November 2022 0
Charge for year 13,350
At 31 October 2023 13,350
Net book value
At 31 October 2023 124,850
At 31 October 2022 2,000