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Company Registration No. 08910752 (England and Wales)
SETODVIC HAULAGE LTD Unaudited accounts for the year ended 29 February 2024
SETODVIC HAULAGE LTD Unaudited accounts Contents
Page
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SETODVIC HAULAGE LTD Company Information for the year ended 29 February 2024
Director
Olatunji Stephen OKE
Company Number
08910752 (England and Wales)
Registered Office
91, Andover Avenue Middleton Manchester M24 1JG
Accountants
MACGLORY CONSULT 61 Fuller Way Andover Hampshire SP11 6UJ
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SETODVIC HAULAGE LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,125 
9,625 
Current assets
Debtors
12,521 
- 
Cash at bank and in hand
4,042 
17,230 
16,563 
17,230 
Creditors: amounts falling due within one year
(183)
(1,757)
Net current assets
16,380 
15,473 
Total assets less current liabilities
22,505 
25,098 
Creditors: amounts falling due after more than one year
(7,888)
(11,259)
Net assets
14,617 
13,839 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
14,616 
13,838 
Shareholders' funds
14,617 
13,839 
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 his 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 29 October 2024 and were signed on its behalf by
Olatunji Stephen OKE Director Company Registration No. 08910752
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SETODVIC HAULAGE LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
SETODVIC HAULAGE LTD is a private company, limited by shares, registered in England and Wales, registration number 08910752. The registered office is 91, Andover Avenue, Middleton, Manchester, M24 1JG.
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
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.
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:
Land & buildings
20%
Plant & machinery
20%
Motor vehicles
20%
Fixtures & fittings
20%
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
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 March 2023
14,000 
At 29 February 2024
14,000 
Depreciation
At 1 March 2023
4,375 
Charge for the year
3,500 
At 29 February 2024
7,875 
Net book value
At 29 February 2024
6,125 
At 28 February 2023
9,625 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
12,521 
- 
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SETODVIC HAULAGE LTD Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
183 
1,757 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,888 
9,752 
Other creditors
- 
1,507 
7,888 
11,259 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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