Company Registration No. 04616116 (England and Wales)
PAB Logistics Limited
Unaudited accounts
for the year ended 31 May 2024
PAB Logistics Limited
Unaudited accounts
Contents
PAB Logistics Limited
Company Information
for the year ended 31 May 2024
Company Number
04616116 (England and Wales)
Registered Office
Unit 1 Spencroft Road
Lymedale Industrial Estate
Newcastle
Staffs
ST5 9HX
UK
Accountants
Bramptons Accountants Ltd
20 George Street
Newcastle-Under-Lyme
Staffordshire
ST5 1DJ
PAB Logistics Limited
Statement of financial position
as at 31 May 2024
Tangible assets
202,407
158,169
Cash at bank and in hand
390,358
278,431
Creditors: amounts falling due within one year
(243,077)
(195,127)
Net current assets
427,413
288,355
Total assets less current liabilities
629,820
446,524
Creditors: amounts falling due after more than one year
(16,803)
(30,834)
Net assets
613,017
415,690
Called up share capital
3
3
Profit and loss account
613,014
415,687
Shareholders' funds
613,017
415,690
For the year ending 31 May 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 6 September 2024 and were signed on its behalf by
Peter Boulton
Director
Company Registration No. 04616116
PAB Logistics Limited
Notes to the Accounts
for the year ended 31 May 2024
PAB Logistics Limited is a private company, limited by shares, registered in England and Wales, registration number 04616116. The registered office is Unit 1 Spencroft Road, Lymedale Industrial Estate, Newcastle, Staffs, ST5 9HX, UK.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
137,633
23,657
97,278
258,568
Additions
-
-
71,920
71,920
Disposals
-
-
(6,250)
(6,250)
At 31 May 2024
137,633
23,657
162,948
324,238
At 1 June 2023
-
21,275
79,124
100,399
Charge for the year
-
476
20,956
21,432
At 31 May 2024
-
21,751
100,080
121,831
At 31 May 2024
137,633
1,906
62,868
202,407
At 31 May 2023
137,633
2,382
18,154
158,169
PAB Logistics Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
280,132
190,551
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
144,003
12,418
Taxes and social security
-
42,234
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 9 (2023: 9).