| Registered number: 04881458 | ||||||||
| FOR THE YEAR ENDED 31/08/2024 | ||||||||
| Prepared By: | ||||||||
| Sian Co Accountants Ltd | ||||||||
| 64 Huddersfield Road | ||||||||
| Mirfield | ||||||||
| West Yorkshire | ||||||||
| WF14 9NE | ||||||||
| FREIGHT LOGISTICS LTD | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31/08/2024 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Bootle | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 04881458 | ||||||||
| BANKERS | ||||||||
| Virgin Money, Nat West Bank | ||||||||
| ACCOUNTANTS | ||||||||
| Sian Co Accountants Ltd | ||||||||
| 64 Huddersfield Road | ||||||||
| Mirfield | ||||||||
| West Yorkshire | ||||||||
| WF14 9NE | ||||||||
| FREIGHT LOGISTICS LTD | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31/08/2024 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| FREIGHT LOGISTICS LTD | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2024 | 2023 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 4 | |||||||||
| Cash at bank and in hand | ||||||||||
| 1,004,656 | 805,563 | |||||||||
| CREDITORS: Amounts falling due within one year | 5 | |||||||||
| NET CURRENT ASSETS | 291,018 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CREDITORS: Amounts falling due after more than one year | 6 | 152,962 | 16,226 | |||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 7 | |||||||||
| Profit and loss account | 370,691 | 290,362 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| FREIGHT LOGISTICS LTD | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31/08/2024 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Plant and Machinery | reducing balance 18% | |||||||
| Equipment | reducing balance 18% | |||||||
| Motor Cars | reducing balance 18% | |||||||
| 1c. Pension Costs | ||||||||
| The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. | ||||||||
| 2. EMPLOYEES | ||||||
| 2024 | 2023 | |||||
| No. | No. | |||||
| Average number of employees | 6 | |||||
| FREIGHT LOGISTICS LTD | ||||||||
| 3. TANGIBLE FIXED ASSETS | ||||||||
| Plant and | ||||||||
| Machinery | Equipment | Motor Cars | Total | |||||
| £ | £ | £ | £ | |||||
| Cost | ||||||||
| At 01/09/2023 | 21,905 | 15,737 | 3,300 | 40,942 | ||||
| Additions | 243,500 | - | - | 243,500 | ||||
| At 31/08/2024 | 265,405 | 15,737 | 3,300 | 284,442 | ||||
| Depreciation | ||||||||
| At 01/09/2023 | 9,055 | 14,409 | 1,808 | 25,272 | ||||
| For the year | 5,966 | 239 | 269 | 6,474 | ||||
| At 31/08/2024 | 15,021 | 14,648 | 2,077 | 31,746 | ||||
| Net Book Amounts | ||||||||
| At 31/08/2024 | 252,696 | |||||||
| At 31/08/2023 | 15,670 | |||||||
| 4. DEBTORS | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 590,248 | 405,615 | ||||||
| Trade debtors | 343,861 | 295,881 | ||||||
| VAT | 54,898 | 38,185 | ||||||
| 989,007 | 739,681 | |||||||
| 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| UK corporation tax | 13,735 | 10,061 | ||||||
| PAYE control | 16,286 | 9,075 | ||||||
| Salaries and wages control | 2,168 | 1,777 | ||||||
| Directors current account | 279,596 | 259,513 | ||||||
| Bank Loan | 8,063 | - | ||||||
| Hire purchase | 63,763 | - | ||||||
| Trade creditors | 329,530 | 228,793 | ||||||
| Other creditors | 14,914 | - | ||||||
| Pension schemes | 544 | 326 | ||||||
| Accruals | 5,000 | 5,000 | ||||||
| 733,599 | 514,545 | |||||||
| FREIGHT LOGISTICS LTD | ||||||||
| 6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Bank loans (unsecured) >1yr | - | 16,226 | ||||||
| Hire purchase >1yr | 152,962 | - | ||||||
| 152,962 | 16,226 | |||||||
| 7. SHARE CAPITAL | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 100 | 100 | |||||||
| 100 | 100 | |||||||