National Logistics Network Ltd 13297520 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Freight Transport By Road. Digita Accounts Production Advanced 6.30.9574.0 true true 13297520 2023-04-01 2024-03-31 13297520 2024-03-31 13297520 bus:OrdinaryShareClass1 2024-03-31 13297520 core:CurrentFinancialInstruments 2024-03-31 13297520 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 13297520 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 13297520 bus:SmallEntities 2023-04-01 2024-03-31 13297520 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 13297520 bus:FilletedAccounts 2023-04-01 2024-03-31 13297520 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13297520 bus:RegisteredOffice 2023-04-01 2024-03-31 13297520 bus:Director1 2023-04-01 2024-03-31 13297520 bus:Director2 2023-04-01 2024-03-31 13297520 bus:Director3 2023-04-01 2024-03-31 13297520 bus:Director4 2023-04-01 2024-03-31 13297520 bus:Director5 2023-04-01 2024-03-31 13297520 bus:Director6 2023-04-01 2024-03-31 13297520 bus:Director7 2023-04-01 2024-03-31 13297520 bus:Director8 2023-04-01 2024-03-31 13297520 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 13297520 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13297520 countries:EnglandWales 2023-04-01 2024-03-31 13297520 2022-04-01 2023-03-31 13297520 2023-03-31 13297520 bus:OrdinaryShareClass1 2023-03-31 13297520 core:CurrentFinancialInstruments 2023-03-31 13297520 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 13297520 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13297520

National Logistics Network Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

National Logistics Network Ltd

Contents

Company Information

1

Directors' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 6

 

National Logistics Network Ltd

Company Information

Directors

Mr Mark Steven Dickinson

Mr Charles William Young

Mr Ronald Carrick McMahon

Mrs Alison Jayne Dickinson

Mr David Andrew Wilson

Mr Julian William Abley

Mr Gary Lee Monks

Mr William McKinley

Registered office

C/O Smith Butler,
Sapper Jordan Rossi Park
Otley Road
Baildon
West Yorkshire
BD17 7AX

Accountants

Smith Butler
Accountants & Business Advisors
Sapper Jordan Rossi Park
Otley Road
Baildon
West Yorkshire
BD17 7AX

 

National Logistics Network Ltd

Directors' Report for the Year Ended 31 March 2024

The directors present their report and the financial statements for the year ended 31 March 2024.

Directors of the company

The directors who held office during the year were as follows:

Mr Mark Steven Dickinson

Mr Charles William Young

Mr Ronald Carrick McMahon

Mrs Alison Jayne Dickinson

Mr David Andrew Wilson

Mr Julian William Abley

Mr Gary Lee Monks

Mr William McKinley

Principal activity

The principal activity of the company is that of Freight Transport By Road.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 11 August 2024 and signed on its behalf by:
 

.........................................
Mr Mark Steven Dickinson
Director

 

National Logistics Network Ltd

(Registration number: 13297520)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

24

1,102

Cash at bank and in hand

 

16,372

19,076

 

16,396

20,178

Creditors: Amounts falling due within one year

5

(35,651)

(35,681)

Total assets less current liabilities

 

(19,255)

(15,503)

Creditors: Amounts falling due after more than one year

5

(41)

(33)

Net liabilities

 

(19,296)

(15,536)

Capital and reserves

 

Called up share capital

6

70

70

Retained earnings

(19,366)

(15,606)

Shareholders' deficit

 

(19,296)

(15,536)

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 August 2024 and signed on its behalf by:
 

.........................................
Mr Mark Steven Dickinson
Director

 

National Logistics Network Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
C/O Smith Butler,
Sapper Jordan Rossi Park
Otley Road
Baildon
West Yorkshire
BD17 7AX
United Kingdom

These financial statements were authorised for issue by the Board on 11 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

National Logistics Network Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2023 - 8).

4

Debtors

Current

2024
£

2023
£

Other debtors

24

1,102

 

24

1,102

 

National Logistics Network Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

720

750

Other creditors

34,931

34,931

35,651

35,681

Creditors: amounts falling due after more than one year

2024
£

2023
£

Due after one year

Other non-current financial liabilities

41

33

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £1 each

70

70

70

70