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REGISTERED NUMBER: 10000641 (England and Wales)















LIONS LOGISTICS LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2025






LIONS LOGISTICS LIMITED (REGISTERED NUMBER: 10000641)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LIONS LOGISTICS LIMITED

Company Information
for the Year Ended 31 March 2025







DIRECTOR: J S Toor





REGISTERED OFFICE: Unit 24 Chester Road
Birmingham
West Midlands
B24 0RD





REGISTERED NUMBER: 10000641 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

LIONS LOGISTICS LIMITED (REGISTERED NUMBER: 10000641)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 42,243 33,644
Tangible assets 5 2,613,726 2,931,540
2,655,969 2,965,184

CURRENT ASSETS
Stocks 40,000 40,000
Debtors 6 1,552,388 1,463,762
Cash at bank 227,987 97,942
1,820,375 1,601,704
CREDITORS
Amounts falling due within one year 7 2,378,897 2,059,277
NET CURRENT LIABILITIES (558,522 ) (457,573 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,097,447

2,507,611

CREDITORS
Amounts falling due after more than one year 8 1,840,389 2,398,140
NET ASSETS 257,058 109,471

CAPITAL AND RESERVES
Called up share capital 400 400
Revaluation reserve 10 89,414 89,414
Retained earnings 167,244 19,657
257,058 109,471

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

LIONS LOGISTICS LIMITED (REGISTERED NUMBER: 10000641)

Balance Sheet - continued
31 March 2025


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 director and authorised for issue on 5 June 2025 and were signed by:





J S Toor - Director


LIONS LOGISTICS LIMITED (REGISTERED NUMBER: 10000641)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Lions 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

LIONS LOGISTICS LIMITED (REGISTERED NUMBER: 10000641)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 24 (2024 - 25 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 April 2024 33,644
Additions 9,970
At 31 March 2025 43,614
AMORTISATION
Amortisation for year 1,371
At 31 March 2025 1,371
NET BOOK VALUE
At 31 March 2025 42,243
At 31 March 2024 33,644

LIONS LOGISTICS LIMITED (REGISTERED NUMBER: 10000641)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 3,728,223 13,741 - 6,848 3,748,812
Additions 359,393 12,686 24,108 - 396,187
Disposals (390,308 ) - - - (390,308 )
At 31 March 2025 3,697,308 26,427 24,108 6,848 3,754,691
DEPRECIATION
At 1 April 2024 812,284 4,605 - 383 817,272
Charge for year 445,097 3,096 3,616 2,260 454,069
Eliminated on disposal (130,376 ) - - - (130,376 )
At 31 March 2025 1,127,005 7,701 3,616 2,643 1,140,965
NET BOOK VALUE
At 31 March 2025 2,570,303 18,726 20,492 4,205 2,613,726
At 31 March 2024 2,915,939 9,136 - 6,465 2,931,540

The net book value of tangible fixed assets includes £ 1,839,280 (2024 - £ 2,025,576 ) in respect of assets held under hire purchase contracts.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 1,216,054 1,190,258
Other debtors 70,802 1,802
Tax 164,682 164,682
Prepayments 100,850 107,020
1,552,388 1,463,762

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 11,827 21,667
Hire purchase contracts 526,126 554,376
Trade creditors 578,934 414,030
Social security and other taxes 673,273 435,221
Other creditors 126,487 67,775
Directors' current accounts 462,250 566,208
2,378,897 2,059,277

LIONS LOGISTICS LIMITED (REGISTERED NUMBER: 10000641)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Factoring liability 961,232 1,141,265
Hire purchase contracts 879,157 1,256,875
1,840,389 2,398,140

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts 1,405,283 1,811,251
Factoring liability 961,232 1,141,265
2,366,515 2,952,516

The factoring liability is secured on the book debts to which the borrowing relates.

Hire purchase borrowings are secured on the assets to which the borrowing relates.

10. RESERVES
Revaluation
reserve
£   
At 1 April 2024
and 31 March 2025 89,414