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REGISTERED NUMBER: 09306151 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

ALTITUDE LOGISTICS LIMITED

ALTITUDE LOGISTICS LIMITED (Registered number: 09306151)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ALTITUDE LOGISTICS LIMITED

Company Information
for the Year Ended 30 November 2024







DIRECTOR: S Leach





REGISTERED OFFICE: 92 Brynmair Road
Aberdare
CF44 6NB





REGISTERED NUMBER: 09306151 (England and Wales)





ACCOUNTANTS: Stephen Needham & Co
3 Gressenham Court
Aran Drive
Stanmore
Middlesex
HA7 4LZ

ALTITUDE LOGISTICS LIMITED (Registered number: 09306151)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 385,154 254,980

CURRENT ASSETS
Debtors 5 24,045 23,394
Cash at bank 828 2,800
24,873 26,194
CREDITORS
Amounts falling due within one year 6 (247,748 ) (185,031 )
NET CURRENT LIABILITIES (222,875 ) (158,837 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

162,279

96,143

CREDITORS
Amounts falling due after more than one
year

7

(306,777

)

(211,377

)
NET LIABILITIES (144,498 ) (115,234 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 (144,598 ) (115,334 )
SHAREHOLDERS' FUNDS (144,498 ) (115,234 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ALTITUDE LOGISTICS LIMITED (Registered number: 09306151)

Balance Sheet - continued
30 November 2024


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 director and authorised for issue on 16 February 2025 and were signed by:





S Leach - Director


ALTITUDE LOGISTICS LIMITED (Registered number: 09306151)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

ALTITUDE 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.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 December 2023 268,670 2,804 271,474
Additions 139,815 - 139,815
At 30 November 2024 408,485 2,804 411,289
DEPRECIATION
At 1 December 2023 15,468 2,052 17,520
Charge for year 8,170 445 8,615
At 30 November 2024 23,638 2,497 26,135
NET BOOK VALUE
At 30 November 2024 384,847 307 385,154
At 30 November 2023 253,202 752 253,954

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors 24,045 23,394

ALTITUDE LOGISTICS LIMITED (Registered number: 09306151)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts (see note 8) 13,154 9,179
Other creditors 225 -
Directors' loan accounts 233,394 174,927
Accrued expenses 975 925
247,748 185,031

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Other loans (see note 8) 306,777 211,377

8. LOANS

An analysis of the maturity of loans is given below:

30.11.24 30.11.23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 13,154 9,179

Amounts falling due between two and five years:
Other loans loans - 2-5 years 306,777 211,377

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
100 Ordinary 1 100 100

10. RESERVES
Retained
earnings
£   

At 1 December 2023 (115,334 )
Deficit for the year (29,264 )
At 30 November 2024 (144,598 )