Registered number
07424309
Logistics And Transport Services Limited
Filleted Accounts
31 October 2024
Logistics And Transport Services Limited
Registered number: 07424309
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,280,472 1,880,718
Current assets
Debtors 4 7,065,074 6,039,660
Cash at bank and in hand 128 -
7,065,202 6,039,660
Creditors: amounts falling due within one year 5 (7,719,832) (6,600,445)
Net current liabilities (654,630) (560,785)
Total assets less current liabilities 625,842 1,319,933
Creditors: amounts falling due after more than one year 6 (93,753) (218,550)
Net assets 532,089 1,101,383
Capital and reserves
Called up share capital 2 2
Profit and loss account 532,087 1,101,381
Shareholder's funds 532,089 1,101,383
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.
……………………………………
Mr Partha Dey
Director
Approved by the board on 29 July 2025
Logistics And Transport Services Limited
Notes to the Accounts
for the year ended 31 October 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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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 25% reducing balance
Motor vehicles 25% straight line
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 November 2023 66,169 4,730,195 4,796,364
Additions - 199,945 199,945
Disposals - (152,267) (152,267)
At 31 October 2024 66,169 4,777,873 4,844,042
Depreciation
At 1 November 2023 32,505 2,883,142 2,915,647
Charge for the year 8,416 786,553 794,969
On disposals - (147,046) (147,046)
At 31 October 2024 40,921 3,522,649 3,563,570
Net book value
At 31 October 2024 25,248 1,255,224 1,280,472
At 31 October 2023 33,664 1,847,053 1,880,718
4 Debtors 2024 2023
£ £
Trade debtors 7,065,074 6,039,471
Other debtors - 189
7,065,074 6,039,660
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 10,051 55,975
Obligations under finance lease and hire purchase contracts 433,212 1,259,914
Trade creditors 215,523 30,974
Taxation and social security costs 1,065,819 952,080
Director's account 179,104 19,219
Other creditors 5,816,123 4,282,283
7,719,832 6,600,445
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 7,250 16,704
Obligations under finance lease and hire purchase contracts 86,503 201,846
93,753 218,550
7 Other information
Logistics And Transport Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
Unit 1 Airport Executive Park
President Way
Luton
LU2 9NY
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