ONTIME LOGISTICS EUROPE LIMITED

Company Registration Number:
06935341 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

ONTIME LOGISTICS EUROPE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

ONTIME LOGISTICS EUROPE LIMITED

Company Information

for the Period Ended 31 December 2024




Registered office: 23
Cochran Close
Crownhill
Milton Keynes
MK8 0AJ
Company Registration Number: 06935341 (England and Wales)

ONTIME LOGISTICS EUROPE LIMITED

Balance sheet

As at 31 December 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 330,394 300,796
Total fixed assets: 330,394 300,796
Current assets
Debtors: 80,177 95,535
Cash at bank and in hand: 320,805 287,400
Total current assets: 400,982 382,935
Creditors: amounts falling due within one year: ( 196,037 ) ( 173,725 )
Net current assets (liabilities): 204,945 209,210
Total assets less current liabilities: 535,339 510,006
Creditors: amounts falling due after more than one year: ( 14,101 ) ( 22,382 )
Total net assets (liabilities): 521,238 487,624

The notes form part of these financial statements

ONTIME LOGISTICS EUROPE LIMITED

Balance sheet continued

As at 31 December 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 521,138 487,524
Shareholders funds: 521,238 487,624

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 1 May 2025
And Signed On Behalf Of The Board By:

Name: Maher Sandouka
Status: Director

The notes form part of these financial statements

ONTIME LOGISTICS EUROPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 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

ONTIME LOGISTICS EUROPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 14 14

ONTIME LOGISTICS EUROPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

ONTIME LOGISTICS EUROPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 365,759
Additions 30,949
Disposals -
Revaluations -
Transfers -
At 31 December 2024 396,708
Depreciation
At 01 January 2024 64,963
Charge for year 1,351
On disposals -
Other adjustments -
At 31 December 2024 66,314
Net book value
At 31 December 2024 330,394
At 31 December 2023 300,796