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REGISTERED NUMBER: NI696406 (Northern Ireland)















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: Ian David Morrow





REGISTERED OFFICE: 15 Dernavogy Road
Fivemiletown
Co. Tyrone
BT75 0SL





REGISTERED NUMBER: NI696406 (Northern Ireland)





ACCOUNTANTS: CavanaghKelly
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 47,288

CURRENT ASSETS
Receivables: amounts falling due within
one year

6

158,724
Cash at bank 24,503
183,227
PAYABLES
Amounts falling due within one year 7 (199,465 )
NET CURRENT LIABILITIES (16,238 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,050

CAPITAL AND RESERVES
Called up share capital 8 1,000
Retained earnings 30,050
SHAREHOLDERS' FUNDS 31,050

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2024.

The members have not required the Company to obtain an audit of its financial statements for the period ended 30 April 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 25 July 2024 and were signed by:





Ian David Morrow - Director


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 private company, limited by shares , registered in Northern Ireland. 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 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 2 .

5. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor Computer
machinery vehicles equipment Totals
£ £ £ £
COST
Additions 55,216 2,200 1,215 58,631
Disposals (4,125 ) - - (4,125 )
At 30 April 2024 51,091 2,200 1,215 54,506
DEPRECIATION
Charge for period 6,656 350 212 7,218
At 30 April 2024 6,656 350 212 7,218
NET BOOK VALUE
At 30 April 2024 44,435 1,850 1,003 47,288

6. RECEIVABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Trade receivables 158,724

7. PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Trade payables 169,689
Amounts owed to group undertakings 20,472
Taxation and social security 1,209
Other payables 8,095
199,465

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £
100 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.