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REGISTERED NUMBER: 06813297 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Euro Tranz Logistics Limited

Euro Tranz Logistics Limited (Registered number: 06813297)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Euro Tranz Logistics Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: C L Coupland





REGISTERED OFFICE: Bank House
27 King Street
Leeds
West Yorkshire
LS1 2HL





REGISTERED NUMBER: 06813297 (England and Wales)





ACCOUNTANTS: DWilkinson&Company
Bank House
27 King Street
Leeds
West Yorkshire
LS1 2HL

Euro Tranz Logistics Limited (Registered number: 06813297)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,063 35,823

CURRENT ASSETS
Debtors 5 216,809 220,236
Cash at bank and in hand 137,883 179,448
354,692 399,684
CREDITORS
Amounts falling due within one year 6 239,865 289,215
NET CURRENT ASSETS 114,827 110,469
TOTAL ASSETS LESS CURRENT
LIABILITIES

140,890

146,292

CREDITORS
Amounts falling due after more than
one year

7

(27,316

)

(31,378

)

PROVISIONS FOR LIABILITIES 8 (4,952 ) (5,460 )
NET ASSETS 108,622 109,454

Euro Tranz Logistics Limited (Registered number: 06813297)

Balance Sheet - continued
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 108,522 109,354
SHAREHOLDERS' FUNDS 108,622 109,454

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2024 and were signed by:





C L Coupland - Director


Euro Tranz Logistics Limited (Registered number: 06813297)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Euro Tranz Logistics 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.

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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Euro Tranz Logistics Limited (Registered number: 06813297)

Notes to the Financial Statements - continued
for the Year Ended 29 February 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023 13,440 51,090 11,140 75,670
Additions - - 316 316
At 29 February 2024 13,440 51,090 11,456 75,986
DEPRECIATION
At 1 March 2023 10,156 22,352 7,339 39,847
Charge for year 493 7,184 2,399 10,076
At 29 February 2024 10,649 29,536 9,738 49,923
NET BOOK VALUE
At 29 February 2024 2,791 21,554 1,718 26,063
At 28 February 2023 3,284 28,738 3,801 35,823

Euro Tranz Logistics Limited (Registered number: 06813297)

Notes to the Financial Statements - continued
for the Year Ended 29 February 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
At 1 March 2023
and 29 February 2024 51,090
DEPRECIATION
At 1 March 2023 22,352
Charge for year 7,184
At 29 February 2024 29,536
NET BOOK VALUE
At 29 February 2024 21,554
At 28 February 2023 28,738

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 215,402 219,064
Prepayments 1,407 1,172
216,809 220,236

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Other loans 25,757 35,265
Hire purchase contracts 4,061 4,061
Trade creditors 160,228 207,480
Tax 23,427 13,291
Social security and other taxes 1 1
VAT 24,201 27,240
Directors' current accounts 520 252
Accrued expenses 1,670 1,625
239,865 289,215

Loans from directors are interest free and repayable on demand.

Euro Tranz Logistics Limited (Registered number: 06813297)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts 27,316 31,378

8. PROVISIONS FOR LIABILITIES
29.2.24 28.2.23
£    £   
Deferred tax 4,952 5,460

Deferred
tax
£   
Balance at 1 March 2023 5,460
Accelerated capital allowances (508 )
Balance at 29 February 2024 4,952

The entire provision of deferred tax is relating to accelarated capital allowances.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary shares £1.00 100 100