IRIS Accounts Production v25.1.4.42 07848376 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false false true false A Shares 1.00000 B Shares 1.00000 C Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078483762024-03-31078483762025-03-31078483762024-04-012025-03-31078483762023-03-31078483762023-04-012024-03-31078483762024-03-3107848376ns15:EnglandWales2024-04-012025-03-3107848376ns14:PoundSterling2024-04-012025-03-3107848376ns10:Director12024-04-012025-03-3107848376ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3107848376ns10:SmallEntities2024-04-012025-03-3107848376ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3107848376ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3107848376ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3107848376ns10:FullAccounts2024-04-012025-03-310784837612024-04-012025-03-3107848376ns10:OrdinaryShareClass12024-04-012025-03-3107848376ns10:OrdinaryShareClass22024-04-012025-03-3107848376ns10:OrdinaryShareClass32024-04-012025-03-3107848376ns10:Director22024-04-012025-03-3107848376ns10:CompanySecretary12024-04-012025-03-3107848376ns10:RegisteredOffice2024-04-012025-03-3107848376ns5:CurrentFinancialInstruments2025-03-3107848376ns5:CurrentFinancialInstruments2024-03-3107848376ns5:ShareCapital2025-03-3107848376ns5:ShareCapital2024-03-3107848376ns5:RetainedEarningsAccumulatedLosses2025-03-3107848376ns5:RetainedEarningsAccumulatedLosses2024-03-3107848376ns5:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-3107848376ns5:ComputerSoftware2024-04-012025-03-3107848376ns5:FurnitureFittings2024-04-012025-03-3107848376ns5:ComputerEquipment2024-04-012025-03-3107848376ns5:IntangibleAssetsOtherThanGoodwill2025-03-3107848376ns5:PlantMachinery2024-03-3107848376ns5:PlantMachinery2024-04-012025-03-3107848376ns5:PlantMachinery2025-03-3107848376ns5:PlantMachinery2024-03-3107848376ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3107848376ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3107848376ns10:OrdinaryShareClass12025-03-3107848376ns10:OrdinaryShareClass22025-03-3107848376ns10:OrdinaryShareClass32025-03-31
REGISTERED NUMBER: 07848376 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LPI WORLDWIDE LOGISTICS LTD

LPI WORLDWIDE LOGISTICS LTD (REGISTERED NUMBER: 07848376)






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


LPI WORLDWIDE LOGISTICS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: P B Ibbitson
L C Peirson





SECRETARY: P B Ibbitson





REGISTERED OFFICE: Unit 4
Shine Knowledge & Innovation Park
St Mark Street
Hull
East Yorkshire
HU8 7FB





REGISTERED NUMBER: 07848376 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ

LPI WORLDWIDE LOGISTICS LTD (REGISTERED NUMBER: 07848376)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,457 -
Tangible assets 5 756 468
2,213 468

CURRENT ASSETS
Debtors 6 334,392 327,644
Cash at bank and in hand 120,246 128,746
454,638 456,390
CREDITORS
Amounts falling due within one year 7 356,973 354,503
NET CURRENT ASSETS 97,665 101,887
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,878

102,355

PROVISIONS FOR LIABILITIES - 124
NET ASSETS 99,878 102,231

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 99,778 102,131
SHAREHOLDERS' FUNDS 99,878 102,231

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 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.

LPI WORLDWIDE LOGISTICS LTD (REGISTERED NUMBER: 07848376)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2025 and were signed on its behalf by:





L C Peirson - Director


LPI WORLDWIDE LOGISTICS LTD (REGISTERED NUMBER: 07848376)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

LPI Worldwide Logistics Ltd 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 received or receivable from freight transport services provided, excluding any discounts, rebates, value added tax and other sales taxes. Turnover is recognised on supply of the services.

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 three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Income and Retained Earnings on a straight-line basis over the period of the lease.

LPI WORLDWIDE LOGISTICS LTD (REGISTERED NUMBER: 07848376)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

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 the Statement of Income and Retained Earnings in the period to which they relate.

The company has implemented automatic enrolment into a workplace pension scheme in relation to all employees. All contributions payable for the year are charged to the Statement of Income and Retained Earnings in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 2,185
At 31 March 2025 2,185
AMORTISATION
Charge for year 728
At 31 March 2025 728
NET BOOK VALUE
At 31 March 2025 1,457

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 8,937
Additions 696
At 31 March 2025 9,633
DEPRECIATION
At 1 April 2024 8,469
Charge for year 408
At 31 March 2025 8,877
NET BOOK VALUE
At 31 March 2025 756
At 31 March 2024 468

LPI WORLDWIDE LOGISTICS LTD (REGISTERED NUMBER: 07848376)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 331,772 324,090
Amounts owed by associates - 720
Other debtors 2,620 2,834
334,392 327,644

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 289,080 292,534
Taxation and social security 40,881 36,079
Other creditors 27,012 25,890
356,973 354,503

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
35 A Shares £1 35 37
35 B Shares £1 35 37
30 C Shares £1 30 26
100 100