Company Registration No. 13941976 (England and Wales)
VEO LOGISTICS LTD
Unaudited accounts
for the year ended 31 March 2024
VEO LOGISTICS LTD
Unaudited accounts
Contents
VEO LOGISTICS LTD
Company Information
for the year ended 31 March 2024
Company Number
13941976 (England and Wales)
Registered Office
Letchworth House Chesney Wold
Bleak Hall
Milton Keynes
MK6 1NE
ENGLAND
Accountants
Nathan Grace Ltd
6 Homestead Lane
Buckinghamshire
MK18 2RU
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
VEO LOGISTICS LTD
for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
VEO LOGISTICS LTD for the year ended
31 March 2024 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Nathan Grace Ltd
Chartered Certified Accountants
6 Homestead Lane
Buckinghamshire
MK18 2RU
5 December 2024
VEO LOGISTICS LTD
Statement of financial position
as at 31 March 2024
Tangible assets
110,647
54,545
Cash at bank and in hand
22,777
71,792
Creditors: amounts falling due within one year
(219,939)
(227,729)
Net current liabilities
(84,375)
(49,542)
Called up share capital
1
1
Share premium
70,000
80,000
Profit and loss account
(43,729)
(74,998)
Shareholders' funds
26,272
5,003
For the year ending 31 March 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 5 December 2024 and were signed on its behalf by
SULTAN, Omar
Director
Company Registration No. 13941976
VEO LOGISTICS LTD
Notes to the Accounts
for the year ended 31 March 2024
VEO LOGISTICS LTD is a private company, limited by shares, registered in England and Wales, registration number 13941976. The registered office is Letchworth House Chesney Wold, Bleak Hall, Milton Keynes, MK6 1NE, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
Depreciated over 3 years
Fixtures & fittings
Depreciated over 6 years
Computer equipment
Depreciated over 3 years
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
34,562
26,257
8,692
69,511
Additions
84,265
-
-
84,265
At 31 March 2024
118,827
26,257
8,692
153,776
At 1 April 2023
8,640
4,270
2,056
14,966
Charge for the year
14,547
9,004
4,612
28,163
At 31 March 2024
23,187
13,274
6,668
43,129
At 31 March 2024
95,640
12,983
2,024
110,647
At 31 March 2023
25,922
21,987
6,636
54,545
VEO LOGISTICS LTD
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
102,184
100,530
Accrued income and prepayments
4,286
-
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
83,809
121,323
Taxes and social security
32,759
20,375
Other creditors
21,438
35,413
Loans from directors
46,197
6,513
7
Average number of employees
During the year the average number of employees was 22 (2023: 22).