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REGISTERED NUMBER: 01762618 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

PDQ FREIGHT LIMITED

PDQ FREIGHT LIMITED (REGISTERED NUMBER: 01762618)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PDQ FREIGHT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: M H Allaway
C Allaway





SECRETARY: Mrs A J Allaway





REGISTERED OFFICE: Unit 4, Courtyard 1
Bedfont Industrial Estate
Challenge Road
Ashford
Middlesex
TW15 1AX





REGISTERED NUMBER: 01762618 (England and Wales)





ACCOUNTANTS: John A Hyde & Co
Lyndale House
24A High Street
Addlestone
Surrey
KT15 1TN

PDQ FREIGHT LIMITED (REGISTERED NUMBER: 01762618)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 68,598 111,930

CURRENT ASSETS
Debtors 5 104,717 135,982
Cash at bank and in hand 434,768 349,866
539,485 485,848
CREDITORS
Amounts falling due within one year 6 224,255 231,046
NET CURRENT ASSETS 315,230 254,802
TOTAL ASSETS LESS CURRENT
LIABILITIES

383,828

366,732

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 383,728 366,632
SHAREHOLDERS' FUNDS 383,828 366,732

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by:



M H Allaway - Director



C Allaway - Director


PDQ FREIGHT LIMITED (REGISTERED NUMBER: 01762618)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

PDQ Freight Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance and 10% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The Company operates a defined contribution pension scheme for directors. The assets of the scheme are held separately from those of the Company in an independently administered fund. Contributions payable for the year are charged in the Profit & Loss Account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 9 ) .

PDQ FREIGHT LIMITED (REGISTERED NUMBER: 01762618)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2022 7,127 45,998 80,825 164,137 298,087
Additions - - - 7,292 7,292
Disposals - - (51,450 ) - (51,450 )
At 30 November 2023 7,127 45,998 29,375 171,429 253,929
DEPRECIATION
At 1 December 2022 5,709 38,950 39,297 102,201 186,157
Charge for year 213 705 735 10,384 12,037
Eliminated on disposal - - (12,863 ) - (12,863 )
At 30 November 2023 5,922 39,655 27,169 112,585 185,331
NET BOOK VALUE
At 30 November 2023 1,205 6,343 2,206 58,844 68,598
At 30 November 2022 1,418 7,048 41,528 61,936 111,930

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 95,930 131,476
Other debtors 8,787 4,506
104,717 135,982

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 139,654 166,821
Taxation and social security 52,677 40,338
Other creditors 31,924 23,887
224,255 231,046