1 October 2024 false No description of principal activity Taxfiler 2024.6 12224720business:PrivateLimitedCompanyLtd2024-10-012026-03-31 122247202024-09-30 122247202024-10-012026-03-31 12224720business:AuditExemptWithAccountantsReport2024-10-012026-03-31 12224720business:FilletedAccounts2024-10-012026-03-31 122247202026-03-31 12224720business:Director12024-10-012026-03-31 12224720business:Director22024-10-012026-03-31 12224720business:Director32024-10-012026-03-31 12224720business:RegisteredOffice2024-10-012026-03-31 122247202024-09-30 12224720core:WithinOneYear2026-03-31 12224720core:WithinOneYear2024-09-30 12224720core:AfterOneYear2026-03-31 12224720core:AfterOneYear2024-09-30 12224720core:ShareCapitalcore:PreviouslyStatedAmount2026-03-31 12224720core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 12224720core:SharePremiumcore:PreviouslyStatedAmount2026-03-31 12224720core:SharePremiumcore:PreviouslyStatedAmount2024-09-30 12224720core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2026-03-31 12224720core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 12224720core:PreviouslyStatedAmount2026-03-31 12224720core:PreviouslyStatedAmount2024-09-30 12224720business:SmallEntities2024-10-012026-03-31 12224720countries:EnglandWales2024-10-012026-03-31 12224720core:ComputerEquipment2024-10-012026-03-31 12224720core:ComputerEquipment2024-09-30 12224720core:ComputerEquipment2026-03-31 12224720core:WithinOneYear2024-10-012026-03-31 122247202023-10-012024-09-30 iso4217:GBP xbrli:pure
Company Registration No. 12224720 (England and Wales)
Onit Logistics Group Limited Unaudited accounts for the period from 1 October 2024 to 31 March 2026
Onit Logistics Group Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Onit Logistics Group Limited Company Information for the period from 1 October 2024 to 31 March 2026
Directors
Samuel Jonathan Bossino Justin Anthony Moore Gerard Mathieson Anthony Keenan
Company Number
12224720 (England and Wales)
Registered Office
OFFICE 7, UNIT 3 WATERLOO INDUSTRIAL EST HEDGE END SOUTHAMPTON SO30 2QT ENGLAND
Accountants
Affable Accountancy Ltd 6 Mendip Way Corby Northamptonshire NN18 8GJ
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Onit Logistics Group Limited Statement of financial position as at 31 March 2026
2026 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2,338 
7,253 
Current assets
Debtors
5
1,078,861 
1,254,006 
Cash at bank and in hand
14,467 
62,818 
1,093,328 
1,316,824 
Creditors: amounts falling due within one year
6
(1,454,532)
(1,561,357)
Net current liabilities
(361,204)
(244,533)
Total assets less current liabilities
(358,866)
(237,280)
Creditors: amounts falling due after more than one year
7
(16,666)
(146,388)
Net liabilities
(375,532)
(383,668)
Capital and reserves
Called up share capital
1,099 
1,099 
Share premium
450 
450 
Profit and loss account
(377,081)
(385,217)
Shareholders' funds
(375,532)
(383,668)
For the period ending 31 March 2026 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 30 April 2026 and were signed on its behalf by
Samuel Jonathan Bossino Director Company Registration No. 12224720
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Onit Logistics Group Limited Notes to the Accounts for the period from 1 October 2024 to 31 March 2026
1
Statutory information
Onit Logistics Group Limited is a private company, limited by shares, registered in England and Wales, registration number 12224720. The registered office is OFFICE 7, UNIT 3 WATERLOO INDUSTRIAL EST, HEDGE END, SOUTHAMPTON, SO30 2QT, 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 period, 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:
Computer equipment
33% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 October 2024
38,983 
Additions
3,651 
At 31 March 2026
42,634 
Depreciation
At 1 October 2024
31,730 
Charge for the period
8,566 
At 31 March 2026
40,296 
Net book value
At 31 March 2026
2,338 
At 30 September 2024
7,253 
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Onit Logistics Group Limited Notes to the Accounts for the period from 1 October 2024 to 31 March 2026
5
Debtors
2026 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
894,177 
1,057,987 
Other debtors
184,684 
196,019 
1,078,861 
1,254,006 
6
Creditors: amounts falling due within one year
2026 
2024 
£ 
£ 
Bank loans and overdrafts
26,736 
210,461 
VAT
(63,516)
(10,525)
Trade creditors
682,408 
594,974 
Taxes and social security
10,093 
9,904 
Other creditors
760,545 
737,043 
Accruals
38,266 
19,500 
1,454,532 
1,561,357 
Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £800,123 (30/09/2024: £1,074,828).
7
Creditors: amounts falling due after more than one year
2026 
2024 
£ 
£ 
Bank loans
16,666 
146,388 
8
Average number of employees
During the period the average number of employees was 12 (2024: 16).
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