FREIGHT METER LTD

Company Registration Number:
12940304 (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

FREIGHT METER LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

FREIGHT METER LTD

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 686 857
Tangible assets: 4 164,894 26,310
Total fixed assets: 165,580 27,167
Current assets
Debtors:   466,797 421,187
Cash at bank and in hand: 4,942 31,034
Total current assets: 471,739 452,221
Creditors: amounts falling due within one year:   (449,047) (387,435)
Net current assets (liabilities): 22,692 64,786
Total assets less current liabilities: 188,272 91,953
Creditors: amounts falling due after more than one year:   (92,405) (9,737)
Total net assets (liabilities): 95,867 82,216
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 95,767 82,116
Shareholders funds: 95,867 82,216

The notes form part of these financial statements

FREIGHT METER 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 31 July 2024
and signed on behalf of the board by:

Name: Muhammad Waqar AFZAL
Status: Director

The notes form part of these financial statements

FREIGHT METER 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 Financial Reporting Standard 101

FREIGHT METER LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 10 7

FREIGHT METER LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Intangible Assets

Total
Cost £
At 01 November 2022 1,339
At 31 October 2023 1,339
Amortisation
At 01 November 2022 482
Charge for year 171
At 31 October 2023 653
Net book value
At 31 October 2023 686
At 31 October 2022 857

FREIGHT METER LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible Assets

Total
Cost £
At 01 November 2022 41,032
Additions 146,418
At 31 October 2023 187,450
Depreciation
At 01 November 2022 14,722
Charge for year 7,834
At 31 October 2023 22,556
Net book value
At 31 October 2023 164,894
At 31 October 2022 26,310