Company Registration No. 08276017 (England and Wales)
M&B (Logistics) Ltd
Unaudited accounts
for the year ended 31 October 2024
M&B (Logistics) Ltd
Unaudited accounts
Contents
M&B (Logistics) Ltd
Company Information
for the year ended 31 October 2024
Directors
Adrian Moss
Peter Hodgson
Arron Moss
Company Number
08276017 (England and Wales)
Registered Office
10 Tridax Business Park
Honeywood Parkway
Dover
Kent
CT16 3QX
United Kingdom
Accountants
Westcourt Accountancy Services Ltd
10 Tridax Business Centre
Honeywood Parkway
Dover
Kent
CT16 3QX
M&B (Logistics) Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
506,664
283,257
Cash at bank and in hand
324,953
331,459
Creditors: amounts falling due within one year
(591,433)
(606,349)
Net current assets
238,014
275,708
Total assets less current liabilities
744,678
558,965
Creditors: amounts falling due after more than one year
(224,161)
(60,760)
Provisions for liabilities
Deferred tax
(81,142)
(30,838)
Net assets
439,375
467,367
Called up share capital
100
100
Revaluation reserve
68,500
107,000
Profit and loss account
370,775
360,267
Shareholders' funds
439,375
467,367
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 1 July 2025 and were signed on its behalf by
Adrian Moss
Director
Company Registration No. 08276017
M&B (Logistics) Ltd
Notes to the Accounts
for the year ended 31 October 2024
M&B (Logistics) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08276017. The registered office is 10 Tridax Business Park, Honeywood Parkway, Dover, Kent, CT16 3QX, United Kingdom.
2
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:
Other tangible fixed assets
25%
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
M&B (Logistics) Ltd
Notes to the Accounts
for the year ended 31 October 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
4,000
460,795
1,866
466,661
Additions
1,200
495,988
457
497,645
Disposals
-
(176,695)
-
(176,695)
At 31 October 2024
5,200
780,088
2,323
787,611
At 1 November 2023
1,354
181,123
927
183,404
Charge for the year
1,258
95,584
701
97,543
At 31 October 2024
2,612
276,707
1,628
280,947
At 31 October 2024
2,588
503,381
695
506,664
At 31 October 2023
2,646
279,672
939
283,257
Amounts falling due within one year
Trade debtors
345,694
498,104
Accrued income and prepayments
95,274
18,886
Other debtors
48,526
18,608
Amounts falling due after more than one year
Other debtors
15,000
15,000
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,314
1,451
Obligations under finance leases and hire purchase contracts
172,575
51,903
Trade creditors
253,438
413,382
Taxes and social security
18,386
34,956
Loans from directors
1,415
22,058
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
224,161
60,760
M&B (Logistics) Ltd
Notes to the Accounts
for the year ended 31 October 2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The following balances are owed by the directors to the company at year end.
Arron Moss - £304. Peter Hodgson - £48043
10
Transactions with related parties
The company used the services of the following companies, who the directors have an interest in:
M&B (Felixstowe) Ltd - Adrian Moss
Customer - £445971
Supplier - £245034
Swift Rescue and Swift Rescue Ltd - Peter Hodgson
Supplier - £18118
M&B Chilled Distribution Ltd - Adrian Moss and Arron Moss
Customer - £7180
Supplier - £285
Transactions are at current market rates
11
Average number of employees
During the year the average number of employees was 27 (2023: 27).