REGISTERED NUMBER: 05653368

Unaudited Financial Statements

for the Period 1 January 2024 to 20 September 2024

for

Act Forwarding & Logistics Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

REGISTERED OFFICE:

67 Westow Street

Upper Norwood

London

SE19 3RW

REGISTERED NUMBER:

05653368

ACCOUNTANTS:

Thornton Springer LLP

Chartered Accountants

67 Westow Street

London

SE19 3RW

FIXED ASSETS

Intangible assets

4

5,968

6,975

Tangible assets

5

5,569

6,537

11,537

13,512

CURRENT ASSETS

Debtors

6

208,231

145,185

Cash at bank and in hand

198,400

376,291

406,631

521,476

CREDITORS

Amounts falling due within one year

7

(234,686

)

(275,223

)

NET CURRENT ASSETS

171,945

246,253

TOTAL ASSETS LESS CURRENT LIABILITIES

183,482

259,765

CREDITORS

Amounts falling due after more than one year

8

-

(17,493

)

NET ASSETS

183,482

242,272

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

9

183,480

242,270

SHAREHOLDERS' FUNDS

183,482

242,272

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 20 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 20 September 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 12 February 2025 and were signed on its behalf by:

A A Ball - Director

1.	STATUTORY INFORMATION

Act Forwarding & Logistics Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the period 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.

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 period 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 period was 6 (2023 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 20 September 2024

17,028

AMORTISATION

At 1 January 2024

10,053

Charge for period

1,007

At 20 September 2024

11,060

NET BOOK VALUE

At 20 September 2024

5,968

At 31 December 2023

6,975

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

12,097

Additions

91

At 20 September 2024

12,188

DEPRECIATION

At 1 January 2024

5,560

Charge for period

1,059

At 20 September 2024

6,619

NET BOOK VALUE

At 20 September 2024

5,569

At 31 December 2023

6,537

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

20.9.24

31.12.23

£

£

Trade debtors

155,884

111,874

Other debtors

52,347

33,311

208,231

145,185

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

20.9.24

31.12.23

£

£

Trade creditors

171,557

95,168

Taxation and social security

19,064

44,410

Other creditors

44,065

135,645

234,686

275,223

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

20.9.24

31.12.23

£

£

Bank loans

-

17,493

9.

RESERVES

Retained

earnings

£

At 1 January 2024

242,270

Profit for the period

21,210

Dividends

(80,000

)

At 20 September 2024

183,480