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REGISTERED NUMBER: 09043047 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Open Door Logistics Ltd

Open Door Logistics Ltd (Registered number: 09043047)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Open Door Logistics Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Dr P G Welch
Mrs J Welch





REGISTERED OFFICE: Unit 10, Homelands Commercial Centre
Vale Road
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 8PX





REGISTERED NUMBER: 09043047 (England and Wales)





ACCOUNTANTS: ADM Accountancy Services Ltd
Homelands Commercial Centre
Vale Road
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 8PX

Open Door Logistics Ltd (Registered number: 09043047)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 574

CURRENT ASSETS
Debtors 5 20,069 22,524
Cash at bank 39,557 31,714
59,626 54,238
CREDITORS
Amounts falling due within one year 6 59,286 53,898
NET CURRENT ASSETS 340 340
TOTAL ASSETS LESS CURRENT
LIABILITIES

340

914

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 240 814
SHAREHOLDERS' FUNDS 340 914

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 21 February 2025 and were signed on its behalf by:





Dr P G Welch - Director


Open Door Logistics Ltd (Registered number: 09043047)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Open Door Logistics Ltd 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.
Plant and machinery etc - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 3,833
DEPRECIATION
At 1 June 2023 3,259
Charge for year 574
At 31 May 2024 3,833
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 574

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 19,883 22,317
Other debtors 186 207
20,069 22,524

Open Door Logistics Ltd (Registered number: 09043047)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors - 3,922
Taxation and social security 2,070 970
Other creditors 57,216 49,006
59,286 53,898

7. RELATED PARTY DISCLOSURES

During the year the company incurred marketing and business development costs amounting to £20,975 (2023 £23,995) from J L Welch Logistics, a business managed by J L Welch, who is also a director of Open Door Logistics Ltd. £Nil (2023 £Nil) remained outstanding at the year end.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Dr P G Welch.