Company Registration No. 12152182 (England and Wales)
Modale Logistics Ltd
Unaudited accounts
for the year ended 30 November 2024
Modale Logistics Ltd
Unaudited accounts
Contents
Modale Logistics Ltd
Company Information
for the year ended 30 November 2024
Director
Gursharn Singh Dale
Company Number
12152182 (England and Wales)
Registered Office
82 Parker Drive
Leicester
LE4 0JF
England
Accountants
Ratnam Accountants
203 Kilburn High Road
London
NW6 7HY
Modale Logistics Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
17,925
21,000
Cash at bank and in hand
130,681
102,031
Creditors: amounts falling due within one year
(390,242)
(246,901)
Net current liabilities
(252,161)
(144,870)
Net liabilities
(234,236)
(123,870)
Profit and loss account
(234,236)
(123,870)
Shareholders' funds
(234,236)
(123,870)
For the year ending 30 November 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 7 March 2025 and were signed on its behalf by
Gursharn Singh Dale
Director
Company Registration No. 12152182
Modale Logistics Ltd
Notes to the Accounts
for the year ended 30 November 2024
Modale Logistics Ltd is a private company, limited by shares, registered in England and Wales, registration number 12152182. The registered office is 82 Parker Drive, Leicester, LE4 0JF, England.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33.33% Straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2023
9,858
25,945
6,292
3,634
45,729
Additions
2,900
-
-
-
2,900
At 30 November 2024
12,758
25,945
6,292
3,634
48,629
At 1 December 2023
38
14,765
6,292
3,634
24,729
Charge for the year
3,180
2,795
-
-
5,975
At 30 November 2024
3,218
17,560
6,292
3,634
30,704
At 30 November 2024
9,540
8,385
-
-
17,925
At 30 November 2023
9,820
11,180
-
-
21,000
Modale Logistics Ltd
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
37,981
20,117
Taxes and social security
15,810
6,792
Loans from directors
13,583
(8,160)
7
Average number of employees
During the year the average number of employees was 1 (2023: 0).