Gardner Logistics (SW) Limited 31/03/2023 iXBRL
Gardner Logistics (SW) Limited 31/03/2023 iXBRL
Company registration number:
03354825
GARDNER LOGISTICS (SW) LIMITED
STATEMENT OF FINANCIAL POSITION
31 MARCH 2023
2023 | 2022 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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_______ | _______ | ||||||||
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Current assets | |||||||||
Debtors | 6 |
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Cash at bank and in hand |
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_______ | _______ | ||||||||
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Creditors: amounts falling due | |||||||||
within one year | 7 |
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_______ | _______ | ||||||||
Net current assets |
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_______ | _______ | ||||||||
Total assets less current liabilities |
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Creditors: amounts falling due | |||||||||
after more than one year | 8 |
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Provisions for liabilities |
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_______ | _______ | ||||||||
Net assets |
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_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital | 9 |
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Profit and loss account | 10 |
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_______ | _______ | ||||||||
Shareholder funds |
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_______ | _______ | ||||||||
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
12 July 2023
, and are signed on behalf of the board by:
Director
Company registration number:
03354825
GARDNER LOGISTICS (SW) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is Unit 3, Bluewater Trading Estate, Bell Close, Plympton, Plymouth, Devon, PL7 4JH.
Principal activity
The principal activity of the company is that of the provision of freight handling services.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss.
Judgements and key sources of estimation uncertainty
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery | - |
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Fittings fixtures and equipment | - |
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Motor vehicles | - |
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Impairment
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities.
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
20
(2022:
15
).
5.
Tangible assets
Plant and machinery | Fixtures, fittings and equipment | Motor vehicles | Total | ||
£ | £ | £ | £ | ||
Cost | |||||
At 1 April 2022 |
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Additions |
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- |
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_______ | _______ | _______ | _______ | ||
At 31 March 2023 |
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_______ | _______ | _______ | _______ | ||
Depreciation | |||||
At 1 April 2022 |
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Charge for the year |
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_______ | _______ | _______ | _______ | ||
At 31 March 2023 |
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_______ | _______ | _______ | _______ | ||
Carrying amount | |||||
At 31 March 2023 |
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_______ | _______ | _______ | _______ | ||
At 31 March 2022 |
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_______ | _______ | _______ | _______ | ||
6.
Debtors
2023 | 2022 | |||
£ | £ | |||
Trade debtors |
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Other debtors |
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_______ | _______ | |||
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_______ | _______ | |||
7.
Creditors: amounts falling due within one year
2023 | 2022 | |||
£ | £ | |||
Bank loans and overdrafts |
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Trade creditors |
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Accruals and deferred income |
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Social security and other taxes | 15,297 | 29,981 | ||
Other creditors | 69,818 | 18,388 | ||
_______ | _______ | |||
957,316 | 931,832 | |||
_______ | _______ | |||
The bank overdraft is secured by a fixed and floating charge on the Company's assets.
8.
Creditors: amounts falling due after more than one year
2023 | 2022 | |||
£ | £ | |||
Other creditors |
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_______ | _______ | |||
9.
Called up share capital
Issued, called up and fully paid
2023 | 2022 | ||||||||
No | £ | No | £ | ||||||
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2 | 2 | 2 | 2 | |||||
_______ | _______ | _______ | _______ | ||||||
10.
Reserves