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Company Registration No. 09983286 (England and Wales)
Safe Logistics Transport Ltd Unaudited accounts for the year ended 28 February 2025
Safe Logistics Transport Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Safe Logistics Transport Ltd Company Information for the year ended 28 February 2025
Director
Florin Pop
Company Number
09983286 (England and Wales)
Registered Office
59 Keswick Road Worksop Nottinghamshire S81 7PW England
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Safe Logistics Transport Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
104,306
162,532
Current assets
Debtors
5
(6,284)
(3,417)
Cash at bank and in hand
(22,063)
(19,840)
(28,347)
(23,257)
Creditors: amounts falling due within one year
6
(29,775)
(17,002)
Net current liabilities
(58,122)
(40,259)
Total assets less current liabilities
46,184
122,273
Creditors: amounts falling due after more than one year
7
(89,000)
(101,000)
Net (liabilities)/assets
(42,816)
21,273
Capital and reserves
Called up share capital
44,372
44,372
Profit and loss account
(87,188)
(23,099)
Shareholders' funds
(42,816)
21,273
For the year ending 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 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 1 May 2025 and were signed on its behalf by
Florin Pop Director Company Registration No. 09983286
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Safe Logistics Transport Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Safe Logistics Transport Ltd is a private company, limited by shares, registered in England and Wales, registration number 09983286. The registered office is 59 Keswick Road, Worksop, Nottinghamshire, S81 7PW, 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:
Motor vehicles
20%
Computer equipment
20%
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 March 2024
200,164
3,000
203,164
Additions
10,250
-
10,250
Disposals
(53,000)
-
(53,000)
At 28 February 2025
157,414
3,000
160,414
Depreciation
At 1 March 2024
40,032
600
40,632
Charge for the year
25,596
480
26,076
On disposals
(10,600)
-
(10,600)
At 28 February 2025
55,028
1,080
56,108
Net book value
At 28 February 2025
102,386
1,920
104,306
At 29 February 2024
160,132
2,400
162,532
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Safe Logistics Transport Ltd Notes to the Accounts for the year ended 28 February 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
(10,000)
(10,190)
Trade debtors
3,716
6,773
(6,284)
(3,417)
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
7,200
7,200
Trade creditors
18,875
6,040
Taxes and social security
3,700
3,762
29,775
17,002
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
14,000
27,000
Obligations under finance leases and hire purchase contracts
60,000
60,000
Other creditors
15,000
15,000
Loans from directors
-
(1,000)
89,000
101,000
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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