Company Registration No. 10357559 (England and Wales)
ADW Logistics Limited
Unaudited accounts
for the year ended 30 September 2023
ADW Logistics Limited
Unaudited accounts
Contents
ADW Logistics Limited
Company Information
for the year ended 30 September 2023
Company Number
10357559 (England and Wales)
Accountants
Clearview Accountancy and Finance Ltd
Aura Business Centre
Manners Road
Newark
Nottinghamshire
NG24 1BS
ADW Logistics Limited
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
35,123
40,102
Creditors: amounts falling due within one year
(39,827)
(16,998)
Net current assets
57,266
49,636
Profit and loss account
57,487
49,857
Shareholders' funds
57,487
49,857
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 30 July 2024 and were signed on its behalf by
Andrew Wright
Director
Company Registration No. 10357559
ADW Logistics Limited
Notes to the Accounts
for the year ended 30 September 2023
ADW Logistics Limited is a private company, limited by shares, registered in England and Wales, registration number 10357559.
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
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2022
7,833
224
8,057
At 30 September 2023
7,833
224
8,057
At 1 October 2022
7,836
-
7,836
At 30 September 2023
7,836
-
7,836
At 30 September 2023
(3)
224
221
At 30 September 2022
(3)
224
221
Amounts falling due within one year
Trade debtors
61,970
26,532
ADW 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
-
684
Trade creditors
2,538
2,663
Taxes and social security
1,789
2,096
Loans from directors
35,500
10,205
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).