REGISTERED NUMBER: |
LOGISTICS NI (LOGISTICS NI UK) LTD |
Unaudited Financial Statements |
for the Period 18 April 2023 to 30 April 2024 |
REGISTERED NUMBER: |
LOGISTICS NI (LOGISTICS NI UK) LTD |
Unaudited Financial Statements |
for the Period 18 April 2023 to 30 April 2024 |
LOGISTICS NI (LOGISTICS NI UK) LTD (REGISTERED NUMBER: NI696406) |
Contents of the Financial Statements |
FOR THE PERIOD 18 APRIL 2023 TO 30 APRIL 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
LOGISTICS NI (LOGISTICS NI UK) LTD |
Company Information |
FOR THE PERIOD 18 APRIL 2023 TO 30 APRIL 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
36-38 Northland Row |
Dungannon |
Co. Tyrone |
BT71 6AP |
LOGISTICS NI (LOGISTICS NI UK) LTD (REGISTERED NUMBER: NI696406) |
Statement of Financial Position |
30 APRIL 2024 |
Notes | £ |
NON-CURRENT ASSETS |
Property, plant and equipment | 5 |
CURRENT ASSETS |
Receivables: amounts falling due within one year |
6 |
Cash at bank |
PAYABLES |
Amounts falling due within one year | 7 | ( |
) |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
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 |
LOGISTICS NI (LOGISTICS NI UK) LTD (REGISTERED NUMBER: NI696406) |
Notes to the Financial Statements |
FOR THE PERIOD 18 APRIL 2023 TO 30 APRIL 2024 |
1. | STATUTORY INFORMATION |
Logistics NI (Logistics NI UK) Ltd is a |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The Financial Statements are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets. |
The accounting policies detailed below have been applied consistently throughout the year. |
Revenue |
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Property, plant and equipment |
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. Cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. |
The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows: |
Plant & machinery | - 20% reducing balance |
Motor vehicles | - 25% reducing balance |
Computer equipment | - 25% straight line |
The carrying values of property, plant and equipment are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable. |
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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
Cash flow statement |
The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company. |
Share capital |
Ordinary Shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares are shown in equity as a deduction, net of tax, from the proceeds. |
Cash and cash equivalents |
Cash and cash equivalents includes cash in hand and deposits held at call with banks and bank overdrafts. Bank overdrafts are shown within current liabilities. |
LOGISTICS NI (LOGISTICS NI UK) LTD (REGISTERED NUMBER: NI696406) |
Notes to the Financial Statements - continued |
FOR THE PERIOD 18 APRIL 2023 TO 30 APRIL 2024 |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
5. | PROPERTY, PLANT AND EQUIPMENT |
Plant and | Motor | Computer |
machinery | vehicles | equipment | Totals |
£ | £ | £ | £ |
COST |
Additions |
Disposals | ( |
) | ( |
) |
At 30 April 2024 |
DEPRECIATION |
Charge for period |
At 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
6. | RECEIVABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade receivables |
7. | PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade payables |
Amounts owed to group undertakings |
Taxation and social security |
Other payables |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | 10 | 1,000 |
9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
A balance of £6,095 was owing from the company to the director at the year end. |