| Act Forwarding & Logistics Limited |
| Registered number: |
05653368 |
| Balance Sheet |
| as at 31 May 2025 |
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|
|
31-May |
|
20-Sep |
| Notes |
|
2025 |
|
2024 |
|
|
|
£ |
£ |
|
£ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
- |
|
|
5,968 |
| Tangible assets |
4 |
|
|
- |
|
|
5,569 |
|
|
|
|
- |
|
|
11,537 |
|
| Current assets |
| Debtors |
5 |
|
41,053 |
|
|
208,231 |
| Cash at bank and in hand |
|
|
5,942 |
|
|
198,400 |
|
|
|
46,995 |
|
|
406,631 |
|
|
|
|
|
|
|
| Creditors: amounts falling due within one year |
6 |
|
(46,993) |
|
|
(234,686) |
|
| Net current assets |
|
|
|
2 |
|
|
171,945 |
|
| Net assets |
|
|
|
2 |
|
|
183,482 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
- |
|
|
183,480 |
|
| Shareholders' funds |
|
|
|
2 |
|
|
183,482 |
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|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their 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. |
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|
|
| S K Beechener |
| Director |
| Approved by the board on 2 October 2025 |
|
| Act Forwarding & Logistics Limited |
| Notes to the Accounts |
| for the period from 21 September 2024 to 31 May 2025 |
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| 1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102 (as applicable to small companies), The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover comprises revenue earned from the provision of services which are recognised when the service is performed. |
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Intangible fixed assets |
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Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets,at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Plant and machinery |
25% reducing balance |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs. |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.Current and deferred tax assets and liabilities are not discounted. |
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Foreign currency translation |
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Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
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Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
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|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
3 |
|
6 |
|
|
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|
|
|
|
|
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| 3 |
Intangible fixed assets |
£ |
|
Computer Software |
|
|
Cost |
|
At 21 September 2024 |
17,028 |
|
Disposals |
(17,028) |
|
At 31 May 2025 |
- |
|
|
|
|
|
|
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Amortisation |
|
At 21 September 2024 |
11,060 |
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Provided during the period |
5,968 |
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On disposals |
(17,028) |
|
At 31 May 2025 |
- |
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|
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Net book value |
|
At 31 May 2025 |
- |
|
At 20 September 2024 |
5,968 |
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|
|
|
|
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Computer Software is being amortised over its estimated economic life. |
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| 4 |
Tangible fixed assets |
|
|
|
|
|
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Plant and machinery etc |
| £ |
|
Cost |
|
At 21 September 2024 |
12,188 |
|
Disposals |
(12,188) |
|
At 31 May 2025 |
- |
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Depreciation |
|
At 21 September 2024 |
6,619 |
|
Charge for the period |
5,569 |
|
On disposals |
(12,188) |
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At 31 May 2025 |
- |
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Net book value |
|
At 31 May 2025 |
- |
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At 20 September 2024 |
5,569 |
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| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
- |
|
155,884 |
|
Amounts owed by group undertakings |
|
41,053 |
|
- |
|
Other debtors |
- |
|
52,347 |
|
|
|
|
|
|
41,053 |
|
208,231 |
|
|
|
|
|
|
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|
|
|
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| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
- |
|
171,557 |
|
Corporation tax |
43,193 |
|
11,359 |
|
Other taxes and social security costs |
- |
|
7,705 |
|
Accruals and deferred income |
3,800 |
|
- |
|
Other creditors |
- |
|
44,065 |
|
|
|
|
|
|
46,993 |
|
234,686 |
|
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| 7 |
Controlling party |
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The company is a subsidiary of Samphire Cargo Limited, a company incorporated in England & Wales.The Registered office of the company is The Lodge,Castle Bromwich Hall, Chester Road, Castle Bromwich, West Midlands. B36 9DE. |
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| 8 |
Other information |
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Act Forwarding & Logistics Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
White Cliffs House, |
|
Poulton Close |
|
Dover |
|
England |
|
CT17 0HL |