1 March 2023 false No description of principal activity Taxfiler 2024.5 13136114business:PrivateLimitedCompanyLtd2023-03-012024-02-29 131361142023-02-28 131361142023-03-012024-02-29 13136114business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 13136114business:FilletedAccounts2023-03-012024-02-29 131361142024-02-29 13136114business:Director12023-03-012024-02-29 131361142023-02-28 13136114core:WithinOneYear2024-02-29 13136114core:WithinOneYear2023-02-28 13136114core:AfterOneYear2024-02-29 13136114core:AfterOneYear2023-02-28 13136114core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 13136114core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13136114core:PreviouslyStatedAmount2024-02-29 13136114core:PreviouslyStatedAmount2023-02-28 13136114business:SmallEntities2023-03-012024-02-29 13136114countries:EnglandWales2023-03-012024-02-29 13136114core:PlantMachinery2023-02-28 13136114core:MotorVehicles2023-02-28 13136114core:PlantMachinery2023-03-012024-02-29 13136114core:MotorVehicles2023-03-012024-02-29 13136114core:PlantMachinery2024-02-29 13136114core:MotorVehicles2024-02-29 131361142022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13136114 (England and Wales)
Lightening Logistics Ltd Unaudited accounts for the year ended 29 February 2024
Lightening Logistics Ltd Unaudited accounts Contents
Page
- 2 -
Lightening Logistics Ltd Company Information for the year ended 29 February 2024
Director
Gilian Church
Company Number
13136114 (England and Wales)
- 3 -
Lightening Logistics Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
1,322 
Current assets
Debtors
22,878 
2,857 
Cash at bank and in hand
416,533 
271,462 
439,411 
274,319 
Creditors: amounts falling due within one year
(225,903)
(185,909)
Net current assets
213,508 
88,410 
Total assets less current liabilities
213,508 
89,732 
Creditors: amounts falling due after more than one year
21,250 
- 
Net assets
234,758 
89,732 
Capital and reserves
Profit and loss account
234,758 
89,732 
Shareholders' funds
234,758 
89,732 
For the year ending 29 February 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 director acknowledges her 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 and authorised for issue on 19 September 2024 and were signed on its behalf by
Gilian Church Director Company Registration No. 13136114
- 4 -
Lightening Logistics Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Lightening Logistics Ltd is a private company, limited by shares, registered in England and Wales, registration number 13136114.
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
These financial statements for the year ended 29 February 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
643 
679 
1,322 
Disposals
(643)
(679)
(1,322)
At 29 February 2024
- 
- 
- 
Depreciation
At 29 February 2024
- 
- 
- 
Net book value
At 29 February 2024
- 
- 
- 
At 28 February 2023
643 
679 
1,322 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,826 
2,857 
Accrued income and prepayments
20,052 
- 
22,878 
2,857 
- 5 -
Lightening Logistics Ltd Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
13,730 
45,442 
Trade creditors
34,308 
- 
Taxes and social security
89,502 
48,994 
Other creditors
2,458 
60,000 
Loans from directors
16,553 
23,989 
Accruals
69,352 
7,484 
225,903 
185,909 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
(21,250)
- 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -