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REGISTERED NUMBER: 08844682 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Barnsley Vehicle Logistics Ltd.

Barnsley Vehicle Logistics Ltd. (Registered number: 08844682)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

Barnsley Vehicle Logistics Ltd.

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs S M Sicorello
J E Edmans





REGISTERED OFFICE: Unit 11 Project House
Fitzherbert Road
Farlington
Hampshire
PO6 1RU





REGISTERED NUMBER: 08844682 (England and Wales)





ACCOUNTANTS: Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ

Barnsley Vehicle Logistics Ltd. (Registered number: 08844682)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,141 20,380
Investment property 5 140,000 140,000
156,141 160,380

CURRENT ASSETS
Debtors 6 113,667 346,447
Cash at bank and in hand 141,820 7,988
255,487 354,435
CREDITORS
Amounts falling due within one year 7 28,606 127,205
NET CURRENT ASSETS 226,881 227,230
TOTAL ASSETS LESS CURRENT
LIABILITIES

383,022

387,610

CREDITORS
Amounts falling due after more than one
year

8

13,957

35,776
NET ASSETS 369,065 351,834

CAPITAL AND RESERVES
Called up share capital 9 2 2
Fair value reserve 10 26,455 26,455
Retained earnings 342,608 325,377
SHAREHOLDERS' FUNDS 369,065 351,834

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

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

The directors acknowledge their 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.

Barnsley Vehicle Logistics Ltd. (Registered number: 08844682)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 29 October 2024 and were signed on its behalf by:





Mrs S M Sicorello - Director


Barnsley Vehicle Logistics Ltd. (Registered number: 08844682)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Barnsley Vehicle 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.

The presentation currency of the financial statements is the Pound Sterling (£).


Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year 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 year 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.

Barnsley Vehicle Logistics Ltd. (Registered number: 08844682)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 26,228 6,417 32,645
DEPRECIATION
At 1 April 2023 10,841 1,424 12,265
Charge for year 3,077 1,162 4,239
At 31 March 2024 13,918 2,586 16,504
NET BOOK VALUE
At 31 March 2024 12,310 3,831 16,141
At 31 March 2023 15,387 4,993 20,380

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2023
and 31 March 2024 26,228
DEPRECIATION
At 1 April 2023
and 31 March 2024 10,841
NET BOOK VALUE
At 31 March 2024 15,387
At 31 March 2023 15,387

Barnsley Vehicle Logistics Ltd. (Registered number: 08844682)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 140,000
NET BOOK VALUE
At 31 March 2024 140,000
At 31 March 2023 140,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2021 32,660
Cost 107,340
140,000

If investment property had not been revalued it would have been included at the following historical cost:

31.3.24 31.3.23
£    £   
Cost 107,340 107,340

investment property was valued on an open market basis on 8 December 2021 by Haybrook Swinton .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 19,589 117,170
Other debtors 94,078 229,277
113,667 346,447

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,170 9,915
Hire purchase contracts 11,648 4,656
Trade creditors (1,620 ) 95,759
Taxation and social security 7,033 13,402
Other creditors 1,375 3,473
28,606 127,205

Barnsley Vehicle Logistics Ltd. (Registered number: 08844682)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 13,957 24,127
Hire purchase contracts - 11,649
13,957 35,776

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1 Ordinary £1 1 1
1 'A' £1 1 1
2 2

10. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 26,455

Barnsley Vehicle Logistics Ltd.

Report of the Accountants to the Directors of
Barnsley Vehicle Logistics Ltd.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ


Date: .............................................