| Registered Number:03319682 |
For the year ended 28 February 2025
England and Wales
Unaudited Financial Statements
For the year ended 28 February 2025
AB Logistics Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
AB Logistics Limited
Statement of Financial Position
2024
2025
49,000
56,000
2
| Property, plant and equipment |
1,480
9,987
3
50,480
65,987
32,710
35,665
4
| Trade and other receivables |
101,460
73,685
5
18,424
| Cash and cash equivalents |
-
109,350
152,594
| Trade and other payables: amounts falling due within one |
| year |
(175,641)
(149,332)
6
(23,047)
(39,982)
Net current liabilities
| Total assets less current liabilities |
10,498
42,940
| Trade and other payables: amounts falling due after more |
| than one year |
(37,715)
(15,315)
7
(4,817)
Net assets/liabilities
5,225
2
2
(4,819)
5,223
(4,817)
5,225
Shareholders' funds
| For the year ended 28 February 2025 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 of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Adrian Barnes Director |
| These financial statements were approved and authorised for issue by the Board on 15 October 2025 and were signed by: |
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For the year ended 28 February 2025
AB Logistics Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
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For the year ended 28 February 2025
AB Logistics Limited
Notes to the Financial Statements
Statutory Information
| AB Logistics Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 03319682. |
1 Ashwood Close
Branton
Doncaster
South Yorkshire
DN3 3UB
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of 10 years. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Motor vehicles
Fixtures and fittings
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
| Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis. |
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For the year ended 28 February 2025
AB Logistics Limited
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
102,000
102,000
46,000
7,000
Charge for year
53,000
49,000
56,000
| 3. Property, plant and equipment |
Motor vehicles
47,598
19,663
27,935
27,935
19,663
47,598
| Provision for depreciation and impairment |
37,611
16,660
20,951
Charge for year
8,507
1,523
6,984
46,118
18,183
27,935
-
1,480
1,480
6,984
3,003
9,987
2024
2025
35,665
32,710
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For the year ended 28 February 2025
AB Logistics Limited
Notes to the Financial Statements Continued
| 5. Trade and other receivables |
2024
2025
54,131
90,336
19,554
11,124
101,460
73,685
| 6. Trade and other payables: amounts falling due within one year |
2024
2025
34,105
15,710
57,032
88,265
| Taxation and social security |
18,642
25,506
39,553
46,160
149,332
175,641
| 7. Trade and other payables: amounts falling due after more than one year |
2024
2025
11,083
27,841
4,232
9,874
15,315
37,715
| 8. Average number of persons employed |
During the year the average number of employees was 5 (2024 : 5)
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