IRIS Accounts Production v24.3.0.553 14907327 director 31.5.23 31.5.24 31.5.24 false true false false true false Ordinary 1.00000 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh149073272023-05-30149073272024-05-31149073272023-05-312024-05-31149073272023-05-3014907327ns15:EnglandWales2023-05-312024-05-3114907327ns14:PoundSterling2023-05-312024-05-3114907327ns10:Director12023-05-312024-05-3114907327ns10:PrivateLimitedCompanyLtd2023-05-312024-05-3114907327ns10:SmallEntities2023-05-312024-05-3114907327ns10:AuditExempt-NoAccountantsReport2023-05-312024-05-3114907327ns10:SmallCompaniesRegimeForDirectorsReport2023-05-312024-05-3114907327ns10:SmallCompaniesRegimeForAccounts2023-05-312024-05-3114907327ns10:FullAccounts2023-05-312024-05-3114907327ns10:OrdinaryShareClass12023-05-312024-05-31149073271ns10:OrdinaryShareClass12023-05-312024-05-3114907327ns10:RegisteredOffice2023-05-312024-05-3114907327ns5:CurrentFinancialInstruments2024-05-3114907327ns5:Non-currentFinancialInstruments2024-05-3114907327ns5:ShareCapital2024-05-3114907327ns5:RetainedEarningsAccumulatedLosses2024-05-3114907327ns5:PlantMachinery2023-05-312024-05-3114907327ns5:PlantMachinery2024-05-3114907327ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3114907327ns10:OrdinaryShareClass12024-05-31
REGISTERED NUMBER: 14907327 (England and Wales)















Unaudited Financial Statements

for the Period 31 May 2023 to 31 May 2024

for

SARR Logistics Ltd

SARR Logistics Ltd (Registered number: 14907327)






Contents of the Financial Statements
for the Period 31 May 2023 to 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SARR Logistics Ltd

Company Information
for the Period 31 May 2023 to 31 May 2024







DIRECTOR: M Pudney





REGISTERED OFFICE: Santa Maria, Anchor Lane
The Heath
Dedham
Colchester
Essex
CO7 6BX





REGISTERED NUMBER: 14907327 (England and Wales)





ACCOUNTANT: Dedham Accountancy & Taxation Services Limited
t/a R J Woods & Co
Santa Maria
Anchor Lane, The Heath
Dedham
Colchester
Essex
CO7 6BX

SARR Logistics Ltd (Registered number: 14907327)

Balance Sheet
31 May 2024

Notes £    £   
FIXED ASSETS
Tangible assets 5 262

CURRENT ASSETS
Debtors 6 1,290
Cash at bank 14,763
16,053
CREDITORS
Amounts falling due within one year 7 8,631
NET CURRENT ASSETS 7,422
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,684

CREDITORS
Amounts falling due after more than one
year

8

7,500
NET ASSETS 184

CAPITAL AND RESERVES
Called up share capital 9 2
Retained earnings 182
SHAREHOLDERS' FUNDS 184

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 October 2024 and were signed by:



M Pudney - Director


SARR Logistics Ltd (Registered number: 14907327)

Notes to the Financial Statements
for the Period 31 May 2023 to 31 May 2024

1. STATUTORY INFORMATION

SARR Logistics Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements are presented in Sterling (£).

Going concern:
The director has considered the liquidity of the company as at the Balance Sheet and the likely cash flow requirements for the foreseeable future. The director has confirmed that he will continue to financially support the company for the foreseeable future, and there have been no indications from the company's other creditors that they will not continue to support the company for the foreseeable future. Therefore, the director is of the opinion that it is appropriate to continue to prepare the financial statements for the business as a going concern.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

The following principal accounting policies have been applied:

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

SARR Logistics Ltd (Registered number: 14907327)

Notes to the Financial Statements - continued
for the Period 31 May 2023 to 31 May 2024

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans,are measured at fair value, net of transaction costs and are measured subsequently at amortised cost using the effective interest method.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 350
At 31 May 2024 350
DEPRECIATION
Charge for period 88
At 31 May 2024 88
NET BOOK VALUE
At 31 May 2024 262

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 780
Other debtors 510
1,290

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 3,472
Other creditors 5,159
8,631

SARR Logistics Ltd (Registered number: 14907327)

Notes to the Financial Statements - continued
for the Period 31 May 2023 to 31 May 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Other creditors 7,500

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary £1 2

2 Ordinary shares of £1 were issued during the period for cash of £ 2 .

10. RELATED PARTY DISCLOSURES

At the balance sheet date Other Creditors includes £4,233 representing the balance of loans made to the company by the director to the company for working capital. The loans are unsecured, interest free and repayable on demand.