1 April 2024 false No description of principal activity Taxfiler 2024.6 13941976 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13941976 2024-03-31 13941976 2024-04-01 2025-03-31 13941976 business:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 13941976 business:FilletedAccounts 2024-04-01 2025-03-31 13941976 2025-03-31 13941976 business:Director1 2024-04-01 2025-03-31 13941976 business:RegisteredOffice 2024-04-01 2025-03-31 13941976 2024-03-31 13941976 core:WithinOneYear 2025-03-31 13941976 core:WithinOneYear 2024-03-31 13941976 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 13941976 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 13941976 core:SharePremium core:PreviouslyStatedAmount 2025-03-31 13941976 core:SharePremium core:PreviouslyStatedAmount 2024-03-31 13941976 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 13941976 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 13941976 core:PreviouslyStatedAmount 2025-03-31 13941976 core:PreviouslyStatedAmount 2024-03-31 13941976 business:SmallEntities 2024-04-01 2025-03-31 13941976 countries:EnglandWales 2024-04-01 2025-03-31 13941976 core:PlantMachinery 2024-04-01 2025-03-31 13941976 core:FurnitureFittings 2024-04-01 2025-03-31 13941976 core:ComputerEquipment 2024-04-01 2025-03-31 13941976 core:PlantMachinery 2024-03-31 13941976 core:FurnitureFittings 2024-03-31 13941976 core:ComputerEquipment 2024-03-31 13941976 core:PlantMachinery 2025-03-31 13941976 core:FurnitureFittings 2025-03-31 13941976 core:ComputerEquipment 2025-03-31 13941976 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 13941976 (England and Wales)
VEO LOGISTICS LTD Unaudited accounts for the year ended 31 March 2025
VEO LOGISTICS LTD Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
VEO LOGISTICS LTD Company Information for the year ended 31 March 2025
Director
SULTAN, Omar
Company Number
13941976 (England and Wales)
Registered Office
Letchworth House Chesney Wold Bleak Hall Milton Keynes MK6 1NE ENGLAND
Accountants
Nathan Grace Ltd Suite 12, 548-550 Elder House Elder Gate Milton Keynes Buckinghamshire MK9 1LR
- 3 -
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of VEO LOGISTICS LTD for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of VEO LOGISTICS LTD for the year ended 31 March 2025 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Nathan Grace Ltd Chartered Certified Accountants Suite 12, 548-550 Elder House Elder Gate Milton Keynes Buckinghamshire MK9 1LR 8 December 2025
- 4 -
VEO LOGISTICS LTD Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
208,708
110,647
Current assets
Debtors
5
176,735
112,787
Cash at bank and in hand
71,028
22,777
247,763
135,564
Creditors: amounts falling due within one year
6
(443,445)
(219,939)
Net current liabilities
(195,682)
(84,375)
Net assets
13,026
26,272
Capital and reserves
Called up share capital
1
1
Share premium
130,000
70,000
Profit and loss account
(116,975)
(43,729)
Shareholders' funds
13,026
26,272
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 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 8 December 2025 and were signed on its behalf by
SULTAN, Omar Director Company Registration No. 13941976
- 5 -
VEO LOGISTICS LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
VEO LOGISTICS LTD is a private company, limited by shares, registered in England and Wales, registration number 13941976. The registered office is Letchworth House Chesney Wold, Bleak Hall, Milton Keynes, MK6 1NE, 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:
Plant & machinery
Depreciated over 3 years
Fixtures & fittings
Depreciated over 6 years
Computer equipment
Depreciated over 3 years
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
118,827
26,257
8,692
153,776
Additions
163,972
-
537
164,509
At 31 March 2025
282,799
26,257
9,229
318,285
Depreciation
At 1 April 2024
23,187
13,274
6,668
43,129
Charge for the year
55,637
8,753
2,058
66,448
At 31 March 2025
78,824
22,027
8,726
109,577
Net book value
At 31 March 2025
203,975
4,230
503
208,708
At 31 March 2024
95,640
12,983
2,024
110,647
- 6 -
VEO LOGISTICS LTD Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
152,704
102,184
Accrued income and prepayments
18,632
4,286
Other debtors
5,399
6,317
176,735
112,787
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
46,717
33,658
Trade creditors
247,228
83,809
Taxes and social security
46,464
32,759
Other creditors
33,360
21,438
Loans from directors
69,676
46,197
Accruals
-
2,078
443,445
219,939
7
Average number of employees
During the year the average number of employees was 22 (2024: 22).
- 7 -