IRIS Accounts Production v24.3.0.553 08892273 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh088922732023-03-31088922732024-03-31088922732023-04-012024-03-31088922732022-03-31088922732022-04-012023-03-31088922732023-03-3108892273ns15:EnglandWales2023-04-012024-03-3108892273ns14:PoundSterling2023-04-012024-03-3108892273ns10:Director12023-04-012024-03-3108892273ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3108892273ns10:SmallEntities2023-04-012024-03-3108892273ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3108892273ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3108892273ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3108892273ns10:FullAccounts2023-04-012024-03-3108892273ns10:OrdinaryShareClass12023-04-012024-03-3108892273ns10:CompanySecretary12023-04-012024-03-3108892273ns10:RegisteredOffice2023-04-012024-03-3108892273ns5:CurrentFinancialInstruments2024-03-3108892273ns5:CurrentFinancialInstruments2023-03-3108892273ns5:Non-currentFinancialInstruments2024-03-3108892273ns5:Non-currentFinancialInstruments2023-03-3108892273ns5:ShareCapital2024-03-3108892273ns5:ShareCapital2023-03-3108892273ns5:RetainedEarningsAccumulatedLosses2024-03-3108892273ns5:RetainedEarningsAccumulatedLosses2023-03-3108892273ns5:PlantMachinery2023-04-012024-03-3108892273ns5:MotorVehicles2023-04-012024-03-3108892273ns5:ComputerEquipment2023-04-012024-03-3108892273ns5:PlantMachinery2023-03-3108892273ns5:MotorVehicles2023-03-3108892273ns5:ComputerEquipment2023-03-3108892273ns5:PlantMachinery2024-03-3108892273ns5:MotorVehicles2024-03-3108892273ns5:ComputerEquipment2024-03-3108892273ns5:PlantMachinery2023-03-3108892273ns5:MotorVehicles2023-03-3108892273ns5:ComputerEquipment2023-03-3108892273ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-04-012024-03-3108892273ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-03-3108892273ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3108892273ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3108892273ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-03-3108892273ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-03-3108892273ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3108892273ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-3108892273ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-03-3108892273ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2023-03-3108892273ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-03-3108892273ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-03-3108892273ns5:HirePurchaseContracts2024-03-3108892273ns5:HirePurchaseContracts2023-03-3108892273ns5:WithinOneYear2024-03-3108892273ns5:WithinOneYear2023-03-3108892273ns5:BetweenOneFiveYears2024-03-3108892273ns5:BetweenOneFiveYears2023-03-3108892273ns5:MoreThanFiveYears2024-03-3108892273ns5:MoreThanFiveYears2023-03-3108892273ns5:AllPeriods2024-03-3108892273ns5:AllPeriods2023-03-3108892273ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 08892273 (England and Wales)





















LOGISTICA EUROPE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






LOGISTICA EUROPE LIMITED (REGISTERED NUMBER: 08892273)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


LOGISTICA EUROPE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: C K Bench





SECRETARY: C K Bench





REGISTERED OFFICE: 5 Carousel Way
Riverside Prime
Northampton
Northamptonshire
NN3 9HG





REGISTERED NUMBER: 08892273 (England and Wales)





ACCOUNTANTS: Phipps Henson McAllister
Chartered Accountants
22-24 Harborough Road
Kingsthorpe
Northampton
NN2 7AZ

LOGISTICA EUROPE LIMITED (REGISTERED NUMBER: 08892273)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 50,763 16,671

CURRENT ASSETS
Debtors 5 308,417 242,865
Cash at bank and in hand 87,961 132,378
396,378 375,243
CREDITORS
Amounts falling due within one year 6 211,731 208,319
NET CURRENT ASSETS 184,647 166,924
TOTAL ASSETS LESS CURRENT LIABILITIES 235,410 183,595

CREDITORS
Amounts falling due after more than one
year

7

(39,622

)

(25,833

)

PROVISIONS FOR LIABILITIES (9,645 ) (3,167 )
NET ASSETS 186,143 154,595

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 186,141 154,593
SHAREHOLDERS' FUNDS 186,143 154,595

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 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.

LOGISTICA EUROPE LIMITED (REGISTERED NUMBER: 08892273)

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 November 2024 and were signed by:





C K Bench - Director


LOGISTICA EUROPE LIMITED (REGISTERED NUMBER: 08892273)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Logistica Europe Limited 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 (£).


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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

LOGISTICA EUROPE LIMITED (REGISTERED NUMBER: 08892273)

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.

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

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.

Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 2,300 33,113 3,180 38,593
Additions 2,075 40,423 2,876 45,374
At 31 March 2024 4,375 73,536 6,056 83,967
DEPRECIATION
At 1 April 2023 683 19,143 2,096 21,922
Charge for year 781 10,230 271 11,282
At 31 March 2024 1,464 29,373 2,367 33,204
NET BOOK VALUE
At 31 March 2024 2,911 44,163 3,689 50,763
At 31 March 2023 1,617 13,970 1,084 16,671

LOGISTICA EUROPE LIMITED (REGISTERED NUMBER: 08892273)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 40,423
At 31 March 2024 40,423
DEPRECIATION
Charge for year 6,737
At 31 March 2024 6,737
NET BOOK VALUE
At 31 March 2024 33,686

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 222,214 164,715
Other debtors 4,964 4,964
Prepayments 81,239 73,186
308,417 242,865

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts (see note 8) 9,981 -
Trade creditors 124,201 92,114
Corporation tax 7,960 28,433
Social security and other taxes 13,073 9,561
Other creditors 24,358 38,934
Directors' current accounts 6,426 12,561
Accrued expenses 15,732 16,716
211,731 208,319

LOGISTICA EUROPE LIMITED (REGISTERED NUMBER: 08892273)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 5,834 15,833
Hire purchase contracts (see note 8) 23,788 -
39,622 25,833

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 9,981 -
Between one and five years 23,788 -
33,769 -

Non-cancellable operating leases
2024 2023
£    £   
Within one year 86,500 86,500
Between one and five years 346,000 346,000
In more than five years 86,500 173,000
519,000 605,500

The property lease is in relation to business premises at 5 Carousel Way, Riverside Prime Industrial Estate, Northampton.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary 1 2 2