Registered number
13523970
Leamon Shaw Logistics Ltd
Filleted Accounts
31 July 2024
Leamon Shaw Logistics Ltd
Registered number: 13523970
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £ £ £
Fixed assets
Tangible assets 3 91,454 93,016
Current assets
Debtors 4 32,106 53,413
Cash at bank and in hand 21,965 6,312
54,071 59,725
Creditors: amounts falling due within one year 5 (114,363) (121,691)
Net current liabilities (60,292) (61,966)
Net assets 31,162 31,050
Capital and reserves
Called up share capital 100 100
Profit and loss account 31,062 30,950
Shareholders' funds 31,162 31,050
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P Leamon
Director
Approved by the board on 30 April 2025
Leamon Shaw Logistics Ltd
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 20% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 August 2023 118,735
Additions 28,686
Disposals (25,985)
At 31 July 2024 121,436
Depreciation
At 1 August 2023 25,719
Charge for the year 11,192
On disposals (6,929)
At 31 July 2024 29,982
Net book value
At 31 July 2024 91,454
At 31 July 2023 93,016
4 Debtors 2024 2023
£ £
Trade debtors 30,580 43,800
Other debtors 1,526 9,613
32,106 53,413
5 Creditors: amounts falling due within one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 59,828 57,942
Trade creditors 2,933 1,841
Taxation and social security costs 12,473 10,355
Other creditors 39,129 51,553
114,363 121,691
6 Other information
Leamon Shaw Logistics Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Carew Villa
Carew Lane
Cresselly
Kilgetty
SA68 0TR
Leamon Shaw Logistics Ltd 13523970 false 2023-08-01 2024-07-31 2024-07-31 VT Final Accounts July 2024 P Leamon No description of principal activity 13523970 2022-08-01 2023-07-31 13523970 core:WithinOneYear 2023-07-31 13523970 core:ShareCapital 2023-07-31 13523970 core:RetainedEarningsAccumulatedLosses 2023-07-31 13523970 2023-08-01 2024-07-31 13523970 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 13523970 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 13523970 bus:Director40 2023-08-01 2024-07-31 13523970 1 2023-08-01 2024-07-31 13523970 2 2023-08-01 2024-07-31 13523970 core:PlantMachinery 2023-08-01 2024-07-31 13523970 countries:England 2023-08-01 2024-07-31 13523970 bus:FRS102 2023-08-01 2024-07-31 13523970 bus:FilletedAccounts 2023-08-01 2024-07-31 13523970 2024-07-31 13523970 core:WithinOneYear 2024-07-31 13523970 core:ShareCapital 2024-07-31 13523970 core:RetainedEarningsAccumulatedLosses 2024-07-31 13523970 core:PlantMachinery 2024-07-31 13523970 2023-07-31 13523970 core:PlantMachinery 2023-07-31 iso4217:GBP xbrli:pure