Registered Number:NI608342 |
For the year ended 30 September 2024
Northern Ireland
Unaudited Financial Statements
For the year ended 30 September 2024
Down Logistics Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Down Logistics Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
187,264
236,476
2
3
552,050
552,050
739,314
788,526
Trade and other receivables |
912,842
966,376
4
932,921
Cash and cash equivalents |
1,156,427
2,122,803
1,845,763
Trade and other payables: amounts falling due within one |
year |
(384,440)
(415,286)
5
1,461,323
1,707,517
Net current assets
Total assets less current liabilities |
2,446,831
2,249,849
Trade and other payables: amounts falling due after more |
than one year |
(5,427)
-
6
(37,413)
(49,788)
Provisions for liabilities |
2,409,418
Net assets
2,194,634
239
239
2,409,179
2,194,395
2,409,418
2,194,634
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Thomas Cunningham Director |
These financial statements were approved and authorised for issue by the Board on 22 January 2024 and were signed by: |
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For the year ended 30 September 2024
Down Logistics Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 5
For the year ended 30 September 2024
Down Logistics Limited
Notes to the Financial Statements
Statutory Information
Down Logistics Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration |
number NI608342. |
Unit 19A Maryland Industrial Estate
286 Ballygowan Road
Belfast
BT23 6BL
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Property, plant and equipment
Plant and Machinery
Computer Equipment
Motor Vehicles
Furniture and Fittings
Deferred tax
Deferred taxationTax deferred or accelerated is accounted for in respect of all material timing differences to the extent that it is probable that a liability or asset will crystallise. |
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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For the year ended 30 September 2024
Down Logistics Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
547,611
20,554
39,268
366,493
121,296
9,644
-
-
8,500
1,144
374,993
39,268
20,554
557,255
122,440
Provision for depreciation and impairment |
311,135
13,150
19,922
172,603
105,460
Charge for year
58,856
1,111
2,902
50,598
4,245
369,991
14,261
22,824
223,201
109,705
12,735
151,792
16,444
6,293
187,264
15,836
193,890
19,346
7,404
236,476
552,050
552,050
552,050
552,050
4. Trade and other receivables |
2023
2024
277,443
223,909
688,933
688,933
912,842
966,376
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For the year ended 30 September 2024
Down Logistics Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2023
2024
25,001
25,001
66,311
77,660
Taxation and social security |
293,325
225,752
30,649
56,027
415,286
384,440
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
-
5,427
7. Average number of persons employed |
During the year the average number of employees was 7 (2023 : 9)
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