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
Speed Dragon Logistics Ltd
Company Information
for the year ended 31 December 2023
Directors
Man Kai Wong
Chi Chun Cheng
Kin Ming Joe Fan
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
Speed Dragon Logistics Ltd
Statement of financial position
as at 31 December 2023
Called up share capital not paid
16,200
29,600
Tangible assets
23,010
8,450
Cash at bank and in hand
1,837
7,052
Creditors: amounts falling due within one year
1,688
(4,118)
Net current assets
3,525
2,234
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
Speed Dragon Logistics Ltd
Notes to the Accounts
for the year ended 31 December 2023
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.
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:
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
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
At 31 December 2023
259
22,108
643
23,010
At 31 December 2022
-
8,450
-
8,450
Amounts falling due within one year
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
-
7
Average number of employees
During the year the average number of employees was 2 (2022: 3).