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REGISTERED NUMBER: 11266230 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024

FOR

LONDON PALLET LOGISTICS LIMITED

LONDON PALLET LOGISTICS LIMITED (REGISTERED NUMBER: 11266230)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LONDON PALLET LOGISTICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTORS: Mr S M Beadle
Mr K Roberton





REGISTERED OFFICE: 151 Nathan Way
Thamemead
London
SE28 0AB





REGISTERED NUMBER: 11266230 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

LONDON PALLET LOGISTICS LIMITED (REGISTERED NUMBER: 11266230)

BALANCE SHEET
30TH APRIL 2024

30.4.24 30.4.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 255,958 126,255
Investments 5 40,300 40,300
296,258 166,555

CURRENT ASSETS
Debtors 6 588,798 563,679
Cash at bank and in hand 244,785 263,690
833,583 827,369
CREDITORS
Amounts falling due within one year 7 498,998 483,890
NET CURRENT ASSETS 334,585 343,479
TOTAL ASSETS LESS CURRENT
LIABILITIES

630,843

510,034

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 630,743 509,934
630,843 510,034

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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.

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 10th December 2024 and were signed on its behalf by:




Mr S M Beadle - Director



Mr K Roberton - Director


LONDON PALLET LOGISTICS LIMITED (REGISTERED NUMBER: 11266230)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

London Pallet 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.
Plant and machinery - 20% on reducing balance
Computer equipment - 33% on reducing balance

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 11 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£ £ £ £
COST
At 1st May 2023 178,801 20,911 4,019 203,731
Additions 212,722 - - 212,722
Disposals - - (2,819 ) (2,819 )
At 30th April 2024 391,523 20,911 1,200 413,634
DEPRECIATION
At 1st May 2023 72,246 1,811 3,419 77,476
Charge for year 80,609 1,810 600 83,019
Eliminated on disposal - - (2,819 ) (2,819 )
At 30th April 2024 152,855 3,621 1,200 157,676
NET BOOK VALUE
At 30th April 2024 238,668 17,290 - 255,958
At 30th April 2023 106,555 19,100 600 126,255

LONDON PALLET LOGISTICS LIMITED (REGISTERED NUMBER: 11266230)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£
COST
At 1st May 2023
and 30th April 2024 40,300
NET BOOK VALUE
At 30th April 2024 40,300
At 30th April 2023 40,300

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£ £
Trade debtors 586,812 552,620
Other debtors 422 8,777
Prepayments and accrued income 1,564 2,282
588,798 563,679

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£ £
Bank loans and overdrafts - 31,271
Trade creditors 443,234 363,715
Tax 21,771 32,000
Social security and other taxes 8,071 9,115
VAT 20,685 39,683
Other creditors - 2,000
Accrued expenses 5,237 6,106
498,998 483,890