Company Registration No. 06343617 (England and Wales)
TWE Logistics Limited
Unaudited accounts
for the year ended 31 March 2024
TWE Logistics Limited
Unaudited accounts
Contents
TWE Logistics Limited
Company Information
for the year ended 31 March 2024
Directors
Ross Edden
Trevor Edden
Tristan Edden
Secretary
Diane Mary Baker
Company Number
06343617 (England and Wales)
Registered Office
Unit 1
Clearway House Industrial Estate
Banbury
Oxfordshire
OX16 4US
Accountants
Anthistle Craven
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
TWE Logistics Limited
Statement of financial position
as at 31 March 2024
Tangible assets
26,203
7,133
Cash at bank and in hand
98,069
53,837
Creditors: amounts falling due within one year
(57,052)
(44,542)
Net current assets
167,908
118,543
Total assets less current liabilities
194,111
125,676
Provisions for liabilities
Deferred tax
(6,550)
(1,355)
Net assets
187,561
124,321
Called up share capital
100
100
Profit and loss account
187,461
124,221
Shareholders' funds
187,561
124,321
For the 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. 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.
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 of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by
Ross Edden
Director
Company Registration No. 06343617
TWE Logistics Limited
Notes to the Accounts
for the year ended 31 March 2024
TWE Logistics Limited is a private company, limited by shares, registered in England and Wales, registration number 06343617. The registered office is Unit 1 , Clearway House Industrial Estate, Banbury, Oxfordshire, OX16 4US.
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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:
Motor vehicles
25% straight line depreciation
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Tangible fixed assets
Motor vehicles
Charge for the year
10,180
Amounts falling due within one year
Trade debtors
126,891
109,248
TWE Logistics Limited
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
26,903
21,883
Taxes and social security
28,378
22,390
Loans from directors
269
269
The immediate parent company and ultimate controlling party is TWE Group Holdings Ltd.
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Average number of employees
During the year the average number of employees was 3 (2023: 3).