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Company Registration No. 11806426 (England and Wales)
G.g. Logistix Ltd Unaudited accounts for the year ended 27 February 2025
G.g. Logistix Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
G.g. Logistix Ltd Company Information for the year ended 27 February 2025
Director
Nana Obeng Ameyaw
Company Number
11806426 (England and Wales)
Registered Office
203 Kilburn High Road London United Kingdom NW6 7HY England
Accountants
Ratnam Accountants 203 Kilburn High Road London NW6 7HY
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G.g. Logistix Ltd Statement of financial position as at 27 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
7,570
8,106
Investments
5
-
193,295
7,570
201,401
Current assets
Debtors
6
163,920
28,541
Cash at bank and in hand
364,925
219,396
528,845
247,937
Creditors: amounts falling due within one year
7
(324,523)
(233,160)
Net current assets
204,322
14,777
Total assets less current liabilities
211,892
216,178
Creditors: amounts falling due after more than one year
8
(10,761)
(29,167)
Net assets
201,131
187,011
Capital and reserves
Called up share capital
100
100
Profit and loss account
201,031
186,911
Shareholders' funds
201,131
187,011
For the year ending 27 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 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 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 and authorised for issue on 24 October 2025 and were signed on its behalf by
Nana Obeng Ameyaw Director Company Registration No. 11806426
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G.g. Logistix Ltd Notes to the Accounts for the year ended 27 February 2025
1
Statutory information
G.g. Logistix Ltd is a private company, limited by shares, registered in England and Wales, registration number 11806426. The registered office is 203 Kilburn High Road, London, United Kingdom, NW6 7HY, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
20% Reducing balance
Computer equipment
20% Reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 28 February 2024
10,831
3,089
13,920
Additions
-
1,356
1,356
At 27 February 2025
10,831
4,445
15,276
Depreciation
At 28 February 2024
3,899
1,915
5,814
Charge for the year
1,386
506
1,892
At 27 February 2025
5,285
2,421
7,706
Net book value
At 27 February 2025
5,546
2,024
7,570
At 27 February 2024
6,932
1,174
8,106
- 5 -
G.g. Logistix Ltd Notes to the Accounts for the year ended 27 February 2025
5
Investments
Other investments
£
Valuation at 28 February 2024
193,295
Disposals
(193,295)
Valuation at 27 February 2025
-
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Amounts due from group undertakings etc.
163,920
28,541
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
6,360
5,555
VAT
173,360
51,225
Trade creditors
11,809
45,866
Taxes and social security
21,716
16,291
Other creditors
-
308
Loans from directors
46,278
140
Accruals
65,000
113,775
324,523
233,160
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
10,761
29,167
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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