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REGISTERED NUMBER: 12470471 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Lift & Shift Logistics Limited

Lift & Shift Logistics Limited (Registered number: 12470471)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lift & Shift Logistics Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mrs K L Eastoe
M C Henley
C T Herd





SECRETARY: Mrs K L Eastoe





REGISTERED OFFICE: Unit 12
Greatbridge Road
Romsey Industrial Estate
Romsey
Hampshire
SO51 0HR





REGISTERED NUMBER: 12470471 (England and Wales)





ACCOUNTANTS: Add-Vanced Bookkeeping Services Ltd
9 Cross Lee Road
Todmorden
West Yorkshire
OL14 8EH

Lift & Shift Logistics Limited (Registered number: 12470471)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 62,726 50,781

CURRENT ASSETS
Debtors 5 404,487 218,156
Cash at bank 35,633 154,847
440,120 373,003
CREDITORS
Amounts falling due within one year 6 314,346 284,601
NET CURRENT ASSETS 125,774 88,402
TOTAL ASSETS LESS CURRENT
LIABILITIES

188,500

139,183

CREDITORS
Amounts falling due after more than one
year

7

64,203

43,016
NET ASSETS 124,297 96,167

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 124,197 96,067
SHAREHOLDERS' FUNDS 124,297 96,167

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Lift & Shift Logistics Limited (Registered number: 12470471)

Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2025 and were signed on its behalf by:





Mrs K L Eastoe - Director


Lift & Shift Logistics Limited (Registered number: 12470471)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Lift & Shift Logistics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

Lift & Shift Logistics Limited (Registered number: 12470471)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 6,259 22,372 107,901 644 137,176
Additions - 1,269 48,460 - 49,729
At 31 December 2024 6,259 23,641 156,361 644 186,905
DEPRECIATION
At 1 January 2024 3,143 16,403 66,419 430 86,395
Charge for year 1,252 5,525 30,792 215 37,784
At 31 December 2024 4,395 21,928 97,211 645 124,179
NET BOOK VALUE
At 31 December 2024 1,864 1,713 59,150 (1 ) 62,726
At 31 December 2023 3,116 5,969 41,482 214 50,781

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 397,908 212,476
Other Debtors 100 100
BPC Intercompany Account 3,849 2,890
Prepayments and accrued income 2,630 2,690
404,487 218,156

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 85,581 75,350
Tax 29,577 36,172
Corporation Tax Unpaid Pr Yr - 14,846
Accrued Dividends - 80,000
Social security and other taxes 12,301 -
Pensions Payable 1,518 1,072
VAT 25,195 29,137
Accrued expenses 160,174 48,024
314,346 284,601

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 64,203 43,016

Lift & Shift Logistics Limited (Registered number: 12470471)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Retained
earnings
£   

At 1 January 2024 96,067
Profit for the year 108,130
Dividends (80,000 )
At 31 December 2024 124,197