1 May 2023 false No description of principal activity Taxfiler 2024.6.1 14035394business:PrivateLimitedCompanyLtd2023-05-012024-04-30 140353942023-04-30 140353942023-05-012024-04-30 14035394business:AuditExemptWithAccountantsReport2023-05-012024-04-30 14035394business:AbridgedAccounts2023-05-012024-04-30 140353942024-04-30 140353942023-04-30 14035394core:WithinOneYear2024-04-30 14035394core:WithinOneYear2023-04-30 14035394core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 14035394core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 14035394core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 14035394core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 14035394core:PreviouslyStatedAmount2024-04-30 14035394core:PreviouslyStatedAmount2023-04-30 14035394business:SmallEntities2023-05-012024-04-30 14035394business:Director22023-05-012024-04-30 14035394countries:EnglandWales2023-05-012024-04-30 14035394business:RegisteredOffice2023-05-012024-04-30 14035394core:FurnitureFittings2023-05-012024-04-30 14035394core:ComputerEquipment2023-05-012024-04-30 14035394business:OrdinaryShareClass12023-05-012024-04-30 14035394business:OrdinaryShareClass12022-04-082023-04-30 14035394business:Director12023-05-012024-04-30 14035394business:Director112023-04-30 14035394business:Director112023-05-012024-04-30 14035394business:Director112024-04-30 14035394business:Director222023-04-30 14035394business:Director222023-05-012024-04-30 14035394business:Director222024-04-30 140353942022-04-082023-04-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14035394 (England and Wales)
M & L Logistic Solutions Ltd Unaudited accounts for the year ended 30 April 2024
M & L Logistic Solutions Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,955 
2,812 
Current assets
Debtors
152,730 
134,059 
Cash at bank and in hand
10,810 
27,646 
163,540 
161,705 
Creditors: amounts falling due within one year
(165,114)
(163,970)
Net current liabilities
(1,574)
(2,265)
Total assets less current liabilities
381 
547 
Provisions for liabilities
Deferred tax
(355)
(545)
Net assets
26 
2 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
24 
- 
Shareholders' funds
26 
2 
For the year ending 30 April 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by
J Smith Director Company Registration No. 14035394
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M & L Logistic Solutions Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
M & L Logistic Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 14035394. The registered office is 2 Swinroyd Close, Birkenshaw, Bradford, BD11 2LX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and Value Added Tax. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable.
Current taxation
Current tax, including UK corporation tax, is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted, or substantively enacted, by the balance sheet date.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is measured using the tax rates and laws that have been enacted, or substantively enacted, by the balance sheet date and are expected to apply to the reversal of the timing difference.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an Annual General Meeting.
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M & L Logistic Solutions Ltd Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 May 2023
3,995 
Additions
308 
Disposals
(105)
At 30 April 2024
4,198 
Depreciation
At 1 May 2023
1,183 
Charge for the year
1,112 
On disposals
(52)
At 30 April 2024
2,243 
Net book value
At 30 April 2024
1,955 
At 30 April 2023
2,812 
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
L Huddlestone
5,097 
864 
- 
5,961 
J Smith
5,890 
- 
408 
5,482 
10,987 
864 
408 
11,443 
7
Average number of employees
During the year the average number of employees was 3 (2023: 2).
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