HCIZ LOGISTICS LTD

Company Registration Number:
10156238 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

HCIZ LOGISTICS LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

HCIZ LOGISTICS LTD

Company Information

for the Period Ended 30 April 2024




Director: MR MINOS TSAUSSIS
Registered office: 108
Torrington Avenue
Coventry
GBR
CV4 9AA
Company Registration Number: 10156238 (England and Wales)

HCIZ LOGISTICS LTD

Directors' Report Period Ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal Activities

The company acquired a limited number of computer parts and has a commercial domain name and web hosting facilities with a view to building and selling computer systems at a future date when the post pandemic uncertainty is resolved.

Political and charitable donations

No charitable domations were made during this period. No political donations were made during this period.

Directors

The directors shown below have held office during the whole of the period from 01 May 2023 to 30 April 2024
MR MINOS TSAUSSIS

This report was approved by the board of directors on 13 January 2025
And Signed On Behalf Of The Board By:

Name: MR MINOS TSAUSSIS
Status: Director

HCIZ LOGISTICS LTD

Profit and Loss Account

for the Period Ended 30 April 2024


Notes

2024
£

2023
£
Cost of sales ( 28 ) ( 53 )
Gross Profit or (Loss) ( 28 ) ( 53 )
Administrative Expenses ( 217 ) ( 350 )
Operating Profit or (Loss) ( 245 ) ( 403 )
Profit or (Loss) Before Tax ( 245 ) ( 403 )
Profit or (Loss) for Period ( 245 ) ( 403 )

The notes form part of these financial statements

HCIZ LOGISTICS LTD

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 540 795
Total fixed assets: 540 795
Current assets
Stocks: 113 138
Cash at bank and in hand: 277 522
Total current assets: 390 660
Net current assets (liabilities): 390 660
Total assets less current liabilities: 930 1,455
Total net assets (liabilities): 930 1,455

The notes form part of these financial statements

HCIZ LOGISTICS LTD

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 6,000 6,000
Profit and loss account: ( 5,070 ) ( 4,545 )
Shareholders funds: 930 1,455

For the year ending 30 April 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 13 January 2025
And Signed On Behalf Of The Board By:

Name: MR MINOS TSAUSSIS
Status: Director

The notes form part of these financial statements

HCIZ LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    The depreciation policy is no depreciation for the first year (because items are under warranty and would be repaired or replaced if faulty) and then 25% depreciation each year with an expected maximum use of 4 years for each product before it becomes obsolete due to technology advancements or cheaper new products. Due to the uncertainty after the pandemic very limited purchases were made during this period.

HCIZ LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

    The company had no employees during this period and the only director received no remuneration from the company. The director was in PAYE full-time employment elsewhere with very limited time to do anything else other than prepare for the future and wait for the post pandemic uncertainty to be resolved.

HCIZ LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

HCIZ LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible assets

Plant & machinery Office equipment Total
Cost £ £ £
At 01 May 2023 267 528 795
Additions 22 31 53
Disposals - - -
Revaluations - - -
Transfers - - -
At 30 April 2024 289 559 848
Depreciation
At 01 May 2023 - - -
Charge for year 82 226 308
On disposals - - -
Other adjustments - - -
At 30 April 2024 82 226 308
Net book value
At 30 April 2024 207 333 540
At 30 April 2023 267 528 795