PNL LOGISTICS LTD

Company Registration Number:
07551638 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

PNL LOGISTICS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

PNL LOGISTICS LTD

Company Information

for the Period Ended 31 March 2024




Registered office: Unit 159
167 Brent Road
Southall
England
UB2 5LJ
Company Registration Number: 07551638 (England and Wales)

PNL LOGISTICS LTD

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 92,427 35,706
Total fixed assets: 92,427 35,706
Current assets
Debtors: 5 212,162 193,663
Cash at bank and in hand: 803 23,070
Total current assets: 212,965 216,733
Creditors: amounts falling due within one year: 6 ( 204,700 ) ( 105,988 )
Net current assets (liabilities): 8,265 110,745
Total assets less current liabilities: 100,692 146,451
Creditors: amounts falling due after more than one year: 7 ( 79,445 ) ( 146,450 )
Total net assets (liabilities): 21,247 1

The notes form part of these financial statements

PNL LOGISTICS LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 21,246
Shareholders funds: 21,247 1

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 27 March 2025
And Signed On Behalf Of The Board By:

Name: Jagjit Saran
Status: Director

The notes form part of these financial statements

PNL LOGISTICS 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

    Turnover policy

    The Turnover shown in the profit and loss account represents amounts invoiced
    during the period exclusive of VAT

PNL LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

PNL LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

PNL LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 April 2023 75,770 75,770
Additions 56,721 56,721
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2024 132,491 132,491
Depreciation
At 01 April 2023 40,064 40,064
Charge for year - -
On disposals - -
Other adjustments - -
At 31 March 2024 40,064 40,064
Net book value
At 31 March 2024 92,427 92,427
At 31 March 2023 35,706 35,706

PNL LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors


2024
£

2023
£
Trade debtors 85,421 88,957
Other debtors 126,741 104,706
Total 212,162 193,663

PNL LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 42,060 23,078
Trade creditors 116,722 69,043
Taxation and social security 33,716 5,155
Other creditors 12,202 8,712
Total 204,700 105,988

PNL LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 79,445 146,450
Total 79,445 146,450