Company Registration No. 13804604 (England and Wales)
Speed Dragon Logistics Ltd
Unaudited accounts
for the year ended 31 December 2024
Speed Dragon Logistics Ltd
Unaudited accounts
Contents
Speed Dragon Logistics Ltd
Company Information
for the year ended 31 December 2024
Directors
Chi Chun Cheng
Kin Ming Joe Fan
Company Number
13804604 (England and Wales)
Registered Office
4 STAPELEY COURT
WESTCROFT
MILTON KEYNES
MK4 4FS
ENGLAND
Accountants
Anme Chow
MoneyTree Financial
Thistledene
3 Churchfield Path
Cheshunt
Essex
EN8 9EG
Speed Dragon Logistics Ltd
Statement of financial position
as at 31 December 2024
Called up share capital not paid
16,200
16,200
Tangible assets
33,547
23,010
Cash at bank and in hand
1,078
1,837
Creditors: amounts falling due within one year
(10,309)
1,688
Net current (liabilities)/assets
(9,231)
3,525
Called up share capital
30,000
30,000
Profit and loss account
10,516
12,735
Shareholders' funds
40,516
42,735
For the year ending 31 December 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 10 September 2025 and were signed on its behalf by
Kin Ming Joe Fan
Director
Company Registration No. 13804604
Speed Dragon Logistics Ltd
Notes to the Accounts
for the year ended 31 December 2024
Speed Dragon Logistics Ltd is a private company, limited by shares, registered in England and Wales, registration number 13804604. The registered office is 4 STAPELEY COURT, WESTCROFT, MILTON KEYNES, MK4 4FS, ENGLAND.
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:
Plant & machinery
5 years straight line basis
Motor vehicles
4 years straight line basis
Computer equipment
3 years straight line basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
263
29,923
681
30,867
Additions
-
21,751
-
21,751
At 31 December 2024
263
51,674
681
52,618
At 1 January 2024
4
7,815
38
7,857
Charge for the year
27
10,960
227
11,214
At 31 December 2024
31
18,775
265
19,071
At 31 December 2024
232
32,899
416
33,547
At 31 December 2023
259
22,108
643
23,010
Speed Dragon Logistics Ltd
Notes to the Accounts
for the year ended 31 December 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
(4,936)
Taxes and social security
221
(4)
Other creditors
2,088
3,052
Loans from directors
8,000
200
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).