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Company Registration No. 13804604 (England and Wales)
Speed Dragon Logistics Ltd Unaudited accounts for the year ended 31 December 2023
Speed Dragon Logistics Ltd Unaudited accounts Contents
Page
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Speed Dragon Logistics Ltd Company Information for the year ended 31 December 2023
Directors
Man Kai Wong Chi Chun Cheng Kin Ming Joe Fan
Secretary
Man Kai Wong
Company Number
13804604 (England and Wales)
Registered Office
4 STAPELEY COURT WESTCROFT MILTON KEYNES MK4 4FS ENGLAND
Accountants
Anme Chow MoneyTree Financial 215 Charlton Crescent Barking Essex IG11 0NH
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Speed Dragon Logistics Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Called up share capital not paid
16,200 
29,600 
Fixed assets
Tangible assets
23,010 
8,450 
Current assets
Debtors
- 
(700)
Cash at bank and in hand
1,837 
7,052 
1,837 
6,352 
Creditors: amounts falling due within one year
1,688 
(4,118)
Net current assets
3,525 
2,234 
Net assets
42,735 
40,284 
Capital and reserves
Called up share capital
30,000 
30,000 
Profit and loss account
12,735 
10,284 
Shareholders' funds
42,735 
40,284 
For the year ending 31 December 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 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 10 September 2024 and were signed on its behalf by
Man Kai Wong Director Company Registration No. 13804604
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Speed Dragon Logistics Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Speed Dragon Logistics Ltd is a private company, limited by shares, registered in England and Wales, registration number 13804604. The registered office is 4 STAPELEY COURT, WESTCROFT, MILTON KEYNES, MK4 4FS, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
5 years straight line basis
Motor vehicles
4 years straight line basis
Computer equipment
3 years straight line basis
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
- 
9,567 
- 
9,567 
Additions
263 
20,356 
681 
21,300 
At 31 December 2023
263 
29,923 
681 
30,867 
Depreciation
At 1 January 2023
- 
1,117 
- 
1,117 
Charge for the year
4 
6,698 
38 
6,740 
At 31 December 2023
4 
7,815 
38 
7,857 
Net book value
At 31 December 2023
259 
22,108 
643 
23,010 
At 31 December 2022
- 
8,450 
- 
8,450 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
(700)
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Speed Dragon Logistics Ltd Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
(4,936)
- 
Taxes and social security
(4)
694 
Other creditors
3,052 
3,424 
Loans from directors
200 
- 
(1,688)
4,118 
7
Average number of employees
During the year the average number of employees was 2 (2022: 3).
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