Silverfin false false 30/06/2024 01/07/2023 30/06/2024 V E Davies 19/06/2014 G B Dilloway 19/06/2014 N J Katz 19/06/2014 12 May 2025 The principal activity of the Company during the financial year was that of waste management. 09092542 2024-06-30 09092542 bus:Director1 2024-06-30 09092542 bus:Director2 2024-06-30 09092542 bus:Director3 2024-06-30 09092542 2023-06-30 09092542 core:CurrentFinancialInstruments 2024-06-30 09092542 core:CurrentFinancialInstruments 2023-06-30 09092542 core:Non-currentFinancialInstruments 2024-06-30 09092542 core:Non-currentFinancialInstruments 2023-06-30 09092542 core:ShareCapital 2024-06-30 09092542 core:ShareCapital 2023-06-30 09092542 core:RetainedEarningsAccumulatedLosses 2024-06-30 09092542 core:RetainedEarningsAccumulatedLosses 2023-06-30 09092542 core:PlantMachinery 2023-06-30 09092542 core:Vehicles 2023-06-30 09092542 core:OfficeEquipment 2023-06-30 09092542 core:PlantMachinery 2024-06-30 09092542 core:Vehicles 2024-06-30 09092542 core:OfficeEquipment 2024-06-30 09092542 core:ImmediateParent core:CurrentFinancialInstruments 2024-06-30 09092542 core:ImmediateParent core:CurrentFinancialInstruments 2023-06-30 09092542 core:RemainingRelatedParties core:CurrentFinancialInstruments 2024-06-30 09092542 core:RemainingRelatedParties core:CurrentFinancialInstruments 2023-06-30 09092542 bus:OrdinaryShareClass1 2024-06-30 09092542 2023-07-01 2024-06-30 09092542 bus:FilletedAccounts 2023-07-01 2024-06-30 09092542 bus:SmallEntities 2023-07-01 2024-06-30 09092542 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 09092542 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09092542 bus:Director1 2023-07-01 2024-06-30 09092542 bus:Director2 2023-07-01 2024-06-30 09092542 bus:Director3 2023-07-01 2024-06-30 09092542 core:PlantMachinery 2023-07-01 2024-06-30 09092542 core:Vehicles 2023-07-01 2024-06-30 09092542 core:OfficeEquipment core:TopRangeValue 2023-07-01 2024-06-30 09092542 2022-07-01 2023-06-30 09092542 core:OfficeEquipment 2023-07-01 2024-06-30 09092542 core:Non-currentFinancialInstruments 2023-07-01 2024-06-30 09092542 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 09092542 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09092542 (England and Wales)

LAND LOGICAL DARTFORD LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

LAND LOGICAL DARTFORD LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

LAND LOGICAL DARTFORD LIMITED

STATEMENT OF FINANCIAL POSITION

As at 30 June 2024
LAND LOGICAL DARTFORD LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 30 June 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 1,555,794 2,055,626
1,555,794 2,055,626
Current assets
Stocks 4 465,369 465,369
Debtors 5 6,984,844 7,905,776
Cash at bank and in hand 6,234,943 5,548,799
13,685,156 13,919,944
Creditors: amounts falling due within one year 6 ( 1,451,949) ( 2,295,464)
Net current assets 12,233,207 11,624,480
Total assets less current liabilities 13,789,001 13,680,106
Creditors: amounts falling due after more than one year 7 ( 12,527,630) ( 12,276,364)
Net assets 1,261,371 1,403,742
Capital and reserves
Called-up share capital 8 100 100
Profit and loss account 1,261,271 1,403,642
Total shareholder's funds 1,261,371 1,403,742

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Land Logical Dartford Limited (registered number: 09092542) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

V E Davies
Director

12 May 2025

LAND LOGICAL DARTFORD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
LAND LOGICAL DARTFORD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Land Logical Dartford Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is Unit C 3, Regal Way, Watford, WD24 4YJ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover compromises revenue recognised by the Company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

Employee benefits

Defined contribution schemes
The company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery 25 % reducing balance
Vehicles 25 % reducing balance
Office equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties.

Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Income and Retained Earnings.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the company during the year, including directors 14 12

3. Tangible assets

Plant and machinery Vehicles Office equipment Total
£ £ £ £
Cost
At 01 July 2023 5,523,932 474,435 135,431 6,133,798
Additions 0 79,500 0 79,500
Disposals ( 52,000) ( 72,000) 0 ( 124,000)
At 30 June 2024 5,471,932 481,935 135,431 6,089,298
Accumulated depreciation
At 01 July 2023 3,836,092 135,441 106,639 4,078,172
Charge for the financial year 417,848 86,124 4,064 508,036
Disposals ( 35,548) ( 17,156) 0 ( 52,704)
At 30 June 2024 4,218,392 204,409 110,703 4,533,504
Net book value
At 30 June 2024 1,253,540 277,526 24,728 1,555,794
At 30 June 2023 1,687,840 338,994 28,792 2,055,626

4. Stocks

2024 2023
£ £
Raw materials 465,369 465,369

5. Debtors

2024 2023
£ £
Trade debtors 508,071 1,423,262
Amounts owed by group undertakings 1,452,774 1,488,434
Amounts owed by parent undertakings 0 1,200
Amounts owed by associates 12,000 12,000
Amounts owed by related parties 4,586,888 4,789,872
Other debtors 425,111 191,008
6,984,844 7,905,776

6. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 264,649 680,185
Amounts owed to related parties 875,408 930,884
Taxation and social security 170,518 351,504
Obligations under finance leases and hire purchase contracts 36,012 34,995
Other creditors 105,362 297,896
1,451,949 2,295,464

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

2024 2023
£ £
Obligations under finance leases and hire purchase contracts 27,630 63,690
Other creditors 12,500,000 12,212,674
12,527,630 12,276,364

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

9. Ultimate controlling party

Parent Company:

Land Logical Group Limited
Unit C, 3 Regal Way, Watford, United Kingdom, WD24 4YJ