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REGISTERED NUMBER: 08106218 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Hart Logistics Ltd

Hart Logistics Ltd (Registered number: 08106218)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hart Logistics Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: M C Knowles
P A White





REGISTERED OFFICE: Unit 2, Foley Works
Foley Trading Estate
Herefordshire
HR1 2SF





REGISTERED NUMBER: 08106218 (England and Wales)





ACCOUNTANTS: Turner & Co
Chartered Accountants
10a White Hart Parade
London Road
Blackwater
Camberley
Surrey
GU17 9AD

Hart Logistics Ltd (Registered number: 08106218)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 55,360 46,693
55,360 46,693

CURRENT ASSETS
Debtors 6 46,314 43,536
Cash at bank 122,637 107,661
168,951 151,197
CREDITORS
Amounts falling due within one year 7 96,358 110,303
NET CURRENT ASSETS 72,593 40,894
TOTAL ASSETS LESS CURRENT
LIABILITIES

127,953

87,587

CREDITORS
Amounts falling due after more than
one year

8

10,747

30,747
NET ASSETS 117,206 56,840

Hart Logistics Ltd (Registered number: 08106218)

Balance Sheet - continued
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 117,205 56,839
SHAREHOLDERS' FUNDS 117,206 56,840

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2025 and were signed on its behalf by:





P A White - Director


Hart Logistics Ltd (Registered number: 08106218)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Hart Logistics Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Hart Logistics Ltd (Registered number: 08106218)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 18,945
AMORTISATION
At 1 July 2023
and 30 June 2024 18,945
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

Hart Logistics Ltd (Registered number: 08106218)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 197,235
Additions 40,417
At 30 June 2024 237,652
DEPRECIATION
At 1 July 2023 150,542
Charge for year 31,750
At 30 June 2024 182,292
NET BOOK VALUE
At 30 June 2024 55,360
At 30 June 2023 46,693

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.6.24 30.6.23
£    £   
Trade debtors 40,736 39,270
Other debtors 5,578 4,266
46,314 43,536

Hart Logistics Ltd (Registered number: 08106218)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 10,000 -
Trade creditors 20,160 13,138
Taxation and social security 40,915 67,881
Other creditors 25,283 29,284
96,358 110,303

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 10,747 30,747

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 30,747

9. POST BALANCE SHEET EVENTS

The Directors sold their share in the company on 28.10.24 to Your Local Car Executive Limited

10. ULTIMATE CONTROLLING PARTY

The controlling party is Your Local Car Executive Limited.