M Rashey Logistics Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13936803

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		30,896		11,166

			30,896		11,166
CURRENT ASSETS
Cash at bank and in hand		307		2,770

		307		2,770
Creditors: Amounts Falling Due Within One Year	6	(7,677 )		(3,722 )

NET CURRENT ASSETS (LIABILITIES)			(7,370 )		(952 )

TOTAL ASSETS LESS CURRENT LIABILITIES			23,526		10,214

Creditors: Amounts Falling Due After More Than One Year	7		(23,940 )		(7,444 )

NET (LIABILITIES)/ASSETS			(414 )		2,770

CAPITAL AND RESERVES
Called up share capital	9		10		10
Profit and Loss Account			(424 )		2,760

SHAREHOLDERS' FUNDS			(414)		2,770

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M Rashey Logistics Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr MONSURU RASHEED

Director

09/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

M Rashey Logistics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13936803 . The registered office is 76 Market Street, Farnworth, Bolton, Lancashire, BL4 7NY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles

12.5%

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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M Rashey Logistics Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Motor Vehicles
	£
Cost
As at 29 February 2024	14,888
Additions	23,990

As at 28 February 2025	38,878

Depreciation
As at 29 February 2024	3,722
Provided during the period	4,260

As at 28 February 2025	7,982

Net Book Value
As at 28 February 2025	30,896

As at 29 February 2024	11,166

5. Debtors

	2025	2024
	£	£
Due within one year

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	3,722	3,722
Director's loan account	3,955	-

	7,677	3,722

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	23,940	7,444

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M Rashey Logistics Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	3,722	3,722
Later than one year and not later than five years	7,444	7,444

	11,166	11,166
Less: Finance charges allocated to future periods	(16,496 )	-

	27,662	11,166

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10	10

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