MAS LOGISTICS (UK) LTD

Company Registration Number:
06739909 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

MAS LOGISTICS (UK) LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MAS LOGISTICS (UK) LTD

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

Freight clearance and handling agents.



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Mr M S Bhatia
Mr Amardeep Bhatia


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
4 March 2025

And signed on behalf of the board by:
Name: Mr Amardeep Bhatia
Status: Director

MAS LOGISTICS (UK) LTD

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 2,337,376 1,804,417
Cost of sales: ( 1,490,300 ) ( 1,101,106 )
Gross profit(or loss): 847,076 703,311
Administrative expenses: ( 688,294 ) ( 496,444 )
Operating profit(or loss): 158,782 206,867
Interest receivable and similar income: 1,529 0
Interest payable and similar charges: ( 1,766 ) ( 1,749 )
Profit(or loss) before tax: 158,545 205,118
Tax: ( 41,699 ) ( 23,192 )
Profit(or loss) for the financial year: 116,846 181,926

MAS LOGISTICS (UK) LTD

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 94,483 80,619
Total fixed assets: 94,483 80,619
Current assets
Debtors: 4 352,556 221,554
Cash at bank and in hand: 204,711 213,430
Total current assets: 557,267 434,984
Creditors: amounts falling due within one year: 5 ( 298,575 ) ( 212,947 )
Net current assets (liabilities): 258,692 222,037
Total assets less current liabilities: 353,175 302,656
Creditors: amounts falling due after more than one year: 6 ( 31,194 ) ( 47,521 )
Total net assets (liabilities): 321,981 255,135
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 320,981 254,135
Total Shareholders' funds: 321,981 255,135

The notes form part of these financial statements

MAS LOGISTICS (UK) LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 4 March 2025
and signed on behalf of the board by:

Name: Mr M S Bhatia
Status: Director

The notes form part of these financial statements

MAS LOGISTICS (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MAS LOGISTICS (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 11 6

MAS LOGISTICS (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 2,116 89,771 33,320 125,207
Additions 41,232 41,232
Disposals
Revaluations
Transfers
At 31 March 2024 2,116 89,771 74,552 166,439
Depreciation
At 1 April 2023 2,116 27,895 14,577 44,588
Charge for year 12,375 14,993 27,368
On disposals
Other adjustments
At 31 March 2024 2,116 40,270 29,570 71,956
Net book value
At 31 March 2024 0 49,501 44,982 94,483
At 31 March 2023 0 61,876 18,743 80,619

MAS LOGISTICS (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 125,173 112,441
Prepayments and accrued income 14,200 14,200
Other debtors 213,183 94,913
Total 352,556 221,554
Debtors due after more than one year: 0 0

MAS LOGISTICS (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Amounts due under finance leases and hire purchase contracts 21,402 0
Trade creditors 179,119 146,803
Taxation and social security 41,699 37,506
Other creditors 56,355 28,638
Total 298,575 212,947

MAS LOGISTICS (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 23,302 32,533
Amounts due under finance leases and hire purchase contracts 7,892 14,988
Other creditors 0 0
Total 31,194 47,521