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Company Registration No. 11154894 (England and Wales)
Shorelinefreight Limited Unaudited accounts for the year ended 31 January 2025
Shorelinefreight Limited Unaudited accounts Contents
Page
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Shorelinefreight Limited Company Information for the year ended 31 January 2025
Director
I Thacker
Company Number
11154894 (England and Wales)
Registered Office
Union House 111 New Union Street Coventry CV1 2NT
Accountants
Tyler Cobane Limited 29 Walton Way Walton Stone Staffordshire ST15 0JF
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Shorelinefreight Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
477,508 
395,399 
Current assets
Debtors
146,797 
125,164 
Cash at bank and in hand
77,778 
54,427 
224,575 
179,591 
Creditors: amounts falling due within one year
(306,550)
(194,191)
Net current liabilities
(81,975)
(14,600)
Total assets less current liabilities
395,533 
380,799 
Creditors: amounts falling due after more than one year
(259,093)
(257,459)
Provisions for liabilities
Deferred tax
(64,184)
(51,934)
Net assets
72,256 
71,406 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
72,156 
71,306 
Shareholders' funds
72,256 
71,406 
For the year ending 31 January 2025 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 27 February 2025 and were signed on its behalf by
I Thacker Director Company Registration No. 11154894
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Shorelinefreight Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Shorelinefreight Limited is a private company, limited by shares, registered in England and Wales, registration number 11154894. The registered office is Union House, 111 New Union Street, Coventry, CV1 2NT.
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.
Presentation currency
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:
Motor vehicles
15% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 February 2024
474,437 
Additions
151,760 
At 31 January 2025
626,197 
Depreciation
At 1 February 2024
79,038 
Charge for the year
69,651 
At 31 January 2025
148,689 
Net book value
At 31 January 2025
477,508 
At 31 January 2024
395,399 
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Shorelinefreight Limited Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
139,665 
118,032 
Other debtors
7,132 
7,132 
146,797 
125,164 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
5,550 
5,550 
Obligations under finance leases and hire purchase contracts
124,884 
101,570 
Trade creditors
68,611 
31,456 
Taxes and social security
48,395 
14,902 
Other creditors
59,110 
40,713 
306,550 
194,191 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
24,080 
29,110 
Obligations under finance leases and hire purchase contracts
235,013 
228,349 
259,093 
257,459 
8
Average number of employees
During the year the average number of employees was 5 (2024: 2).
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