Company Registration No. 12853447 (England and Wales)
OJ Logistics Ltd
Unaudited accounts
for the year ended 30 September 2024
OJ Logistics Ltd
Unaudited accounts
Contents
OJ Logistics Ltd
Company Information
for the year ended 30 September 2024
Director
Mr Omar Belal Javaid
Company Number
12853447 (England and Wales)
Registered Office
89 Brantingham Road
Whalley Range
Manchester
M16 8LF
United Kingdom
Accountants
Ratnam Accountants
203 Kilburn High Road
London
NW6 7HY
OJ Logistics Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
2,912
4,138
Cash at bank and in hand
46,701
116,651
Creditors: amounts falling due within one year
(150,276)
(90,687)
Net current assets
79,191
52,964
Profit and loss account
82,102
57,101
Shareholders' funds
82,103
57,102
For the year ending 30 September 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 10 December 2024 and were signed on its behalf by
Mr Omar Belal Javaid
Director
Company Registration No. 12853447
OJ Logistics Ltd
Notes to the Accounts
for the year ended 30 September 2024
OJ Logistics Ltd is a private company, limited by shares, registered in England and Wales, registration number 12853447. The registered office is 89 Brantingham Road, Whalley Range, Manchester, M16 8LF, United Kingdom.
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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:
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Straight Line
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
2,351
3,585
5,936
At 30 September 2024
2,351
3,930
6,281
At 1 October 2023
588
1,210
1,798
Charge for the year
588
983
1,571
At 30 September 2024
1,176
2,193
3,369
At 30 September 2024
1,175
1,737
2,912
At 30 September 2023
1,763
2,375
4,138
OJ Logistics Ltd
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Accrued income and prepayments
138,011
-
Other debtors
32,000
27,000
Amounts falling due after more than one year
Amounts due from group undertakings etc.
12,755
-
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
48,540
6,135
Taxes and social security
21,894
22,191
Loans from directors
1,242
947
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Transactions with related parties
The total loan advanced to Mr. Omar Javid, the director of the company, as of the year-end date amounts to £32,000 (2023: £27,000). This loan is repayable on demand and subject to interest at 3% per annum. The loan remains outstanding as of the balance sheet date
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Average number of employees
During the year the average number of employees was 0 (2023: 0).