Company Registration No. 13307245 (England and Wales)
Bandla Logistics Ltd
Unaudited accounts
for the year ended 31 March 2025
Bandla Logistics Ltd
Unaudited accounts
Contents
Bandla Logistics Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
284,709
283,441
Cash at bank and in hand
633
275
Creditors: amounts falling due within one year
(408,678)
(309,889)
Net current liabilities
(243,915)
(161,911)
Called up share capital
100
100
Profit and loss account
40,694
121,430
Shareholders' funds
40,794
121,530
For the year ending 31 March 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 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 15 November 2025 and were signed on its behalf by
Ikram Bandla
Director
Company Registration No. 13307245
Bandla Logistics Ltd
Notes to the Accounts
for the year ended 31 March 2025
Bandla Logistics Ltd is a private company, limited by shares, registered in England and Wales, registration number 13307245. The registered office is 128 City Road, London, EC1V 2NX.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
16.66% - 25%
Computer equipment
33.33% - 50%
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Bandla Logistics Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
496,390
7,304
503,694
Additions
131,907
6,110
138,017
At 31 March 2025
628,297
13,414
641,711
At 1 April 2024
213,753
6,500
220,253
Charge for the year
132,889
3,860
136,749
At 31 March 2025
346,642
10,360
357,002
At 31 March 2025
281,655
3,054
284,709
At 31 March 2024
282,637
804
283,441
Amounts falling due within one year
Trade debtors
147,630
128,569
Other debtors
16,500
19,134
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
35,966
-
Trade creditors
8,774
13,312
Taxes and social security
116
116
Other creditors
127,548
87,885
Loans from directors
61,806
153,788
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Average number of employees
During the year the average number of employees was 8 (2024: 4).