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REGISTERED NUMBER: SC684138 (Scotland)















Unaudited Financial Statements For The Year Ended 31 December 2024

for

Transportation & Logistics Experts Ltd

Transportation & Logistics Experts Ltd (Registered number: SC684138)






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


Transportation & Logistics Experts Ltd

Company Information
For The Year Ended 31 December 2024







DIRECTOR: M H Khan





REGISTERED OFFICE: 3 Meikle Road
Dryburgh House
Livingston
EH54 7DE





REGISTERED NUMBER: SC684138 (Scotland)





ACCOUNTANTS: Ahmad & Nabi Mcmullan
95-107 Lancefield Street
Glasgow
Lanarkshire
G3 8HZ

Transportation & Logistics Experts Ltd (Registered number: SC684138)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,359 34,198
Investments 5 330,000 488,750
357,359 522,948

CURRENT ASSETS
Debtors 6 73,914 145,907
Cash at bank and in hand 6,489 15,720
80,403 161,627
CREDITORS
Amounts falling due within one year 7 373,484 592,676
NET CURRENT LIABILITIES (293,081 ) (431,049 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

64,278

91,899

CREDITORS
Amounts falling due after more than one year 8 21,443 87,135
NET ASSETS 42,835 4,764

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 42,735 4,664
SHAREHOLDERS' FUNDS 42,835 4,764

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 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.

Transportation & Logistics Experts Ltd (Registered number: SC684138)

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 director and authorised for issue on 19 August 2025 and were signed by:





M H Khan - Director


Transportation & Logistics Experts Ltd (Registered number: SC684138)

Notes to the Financial Statements
For The Year Ended 31 December 2024

1. STATUTORY INFORMATION

Transportation & Logistics Experts Ltd is a private company, limited by shares , registered in Scotland. 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.
Motor vehicles - 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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 19 (2023 - 16 ) .

Transportation & Logistics Experts Ltd (Registered number: SC684138)

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

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 January 2024
and 31 December 2024 51,498
DEPRECIATION
At 1 January 2024 17,300
Charge for year 6,839
At 31 December 2024 24,139
NET BOOK VALUE
At 31 December 2024 27,359
At 31 December 2023 34,198

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024 488,750
Disposals (158,750 )
At 31 December 2024 330,000
NET BOOK VALUE
At 31 December 2024 330,000
At 31 December 2023 488,750

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 72,804 139,085
Other debtors 1,110 -
Prepayments - 6,822
73,914 145,907

Transportation & Logistics Experts Ltd (Registered number: SC684138)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Optimum Finance - 662
Youlend loan - 102,244
Capital on Tap 14,989 3,381
Other loans 137,925 107,064
Trade creditors 36,289 251,066
Tax 9,708 2,462
Social security and other taxes 46,087 49,313
Pensions 1,018 1,206
VAT 3,179 663
Other creditors 23,222 -
Wages due 21,053 -
Directors' current accounts 72,850 69,071
Accrued expenses 7,164 5,544
373,484 592,676

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Time Finance 12,487 18,664
Simply Asset Finance - 14,326
HSBC Loan 8,956 14,145
Robertson Haulage Scotland Ltd - 40,000
21,443 87,135

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary £1.00 100 100

10. RESERVES
Retained
earnings
£   

At 1 January 2024 4,664
Profit for the year 38,071
At 31 December 2024 42,735