BrightAccountsProduction v1.0.0 v1.0.0 2024-01-01 The company was not dormant during the period The company was trading for the entire period The principle activity of the company is that of Freight transport by road. 7 July 2025 NI662828 2024-12-31 NI662828 2023-12-31 NI662828 2022-12-31 NI662828 2024-01-01 2024-12-31 NI662828 2023-01-01 2023-12-31 NI662828 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 NI662828 uk-curr:PoundSterling 2024-01-01 2024-12-31 NI662828 uk-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 NI662828 uk-bus:FullAccounts 2024-01-01 2024-12-31 NI662828 uk-bus:Director1 2024-01-01 2024-12-31 NI662828 uk-bus:Director2 2024-01-01 2024-12-31 NI662828 uk-bus:Director3 2024-01-01 2024-12-31 NI662828 uk-bus:Director4 2024-01-01 2024-12-31 NI662828 uk-bus:RegisteredOffice 2024-01-01 2024-12-31 NI662828 uk-bus:Agent1 2024-01-01 2024-12-31 NI662828 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 NI662828 uk-core:ShareCapital 2024-12-31 NI662828 uk-core:ShareCapital 2023-12-31 NI662828 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 NI662828 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 NI662828 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-12-31 NI662828 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-12-31 NI662828 uk-bus:FRS102 2024-01-01 2024-12-31 NI662828 uk-core:MotorVehicles 2024-01-01 2024-12-31 NI662828 uk-core:CurrentFinancialInstruments 2024-12-31 NI662828 uk-core:CurrentFinancialInstruments 2023-12-31 NI662828 uk-core:WithinOneYear 2024-12-31 NI662828 uk-core:WithinOneYear 2023-12-31 NI662828 uk-core:EmployeeBenefits 2023-12-31 NI662828 uk-core:EmployeeBenefits 2024-01-01 2024-12-31 NI662828 uk-core:AcceleratedTaxDepreciationDeferredTax 2024-12-31 NI662828 uk-core:TaxLossesCarry-forwardsDeferredTax 2024-12-31 NI662828 uk-core:OtherDeferredTax 2024-12-31 NI662828 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2024-12-31 NI662828 uk-core:EmployeeBenefits 2024-12-31 NI662828 uk-core:ParentEntities 2024-01-01 2024-12-31 NI662828 2024-01-01 2024-12-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
BBL Logistics & Solutions Ltd
 
Unaudited Financial Statements
 
for the financial year ended 31 December 2024



BBL Logistics & Solutions Ltd
DIRECTORS AND OTHER INFORMATION

 
Directors Christophe Besst (Resigned 28 April 2025)
Andrew Fox
Sylvain Merienne (Resigned 28 April 2025)
Jamie O'Reilly
 
 
Company Registration Number NI662828
 
 
Registered Office and Business Address 15 Church Street
Belfast
Antrim
BT1 1PG
Northern Ireland
 
 
Accountants Quarter
Chartered Accountants
St Anne's House
15 Church Street
Cathedral Quarter
Belfast
BT1 1PG
 
 
Bankers HSBC
  1 Centenary Square
  Birmingham
  B1 1HQ
  United Kingdom
   
   
  HSBC - Bishopsgate
  1-3 Bishopsgate
  London
  EC2N3AQ
  United Kingdom



BBL Logistics & Solutions Ltd

CHARTERED ACCOUNTANTS REPORT
to the Board of Directors on the Compilation of the unaudited financial statements of BBL Logistics & Solutions Ltd
for the financial year ended 31 December 2024
 
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 31 December 2024 as set out on pages  to 12 which comprise the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
 
This report is made solely to the Board of Directors of BBL Logistics & Solutions Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.
 
We have carried out this engagement in accordance with guidance issued by Chartered Accountants Ireland and have complied with the relevant ethical guidance laid down by Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.
 
You have acknowledged on the Statement of Financial Position for the year ended 31 December 2024 your duty to ensure that BBL Logistics & Solutions Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of BBL Logistics & Solutions Ltd. You consider that BBL Logistics & Solutions Ltd is exempt from the statutory audit requirement for the financial year.
 
We have not been instructed to carry out an audit or a review of the financial statements of BBL Logistics & Solutions Ltd. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
 
 
 
__________________________________
QUARTER
Chartered Accountants
St Anne's House
15 Church Street
Cathedral Quarter
Belfast
BT1 1PG
 
7 July 2025



BBL Logistics & Solutions Ltd
Company Registration Number: NI662828
STATEMENT OF FINANCIAL POSITION
as at 31 December 2024

2024 2023
Notes £ £
 
Non-Current Assets
Property, plant and equipment 5 119,364 91,366
───────── ─────────
 
Current Assets
Receivables 6 478,369 208,564
Cash and cash equivalents 407,074 1
───────── ─────────
885,443 208,565
───────── ─────────
Payables: amounts falling due within one year 7 (1,231,913) (381,421)
───────── ─────────
Net Current Liabilities (346,470) (172,856)
───────── ─────────
Total Assets less Current Liabilities (227,106) (81,490)
 
Provisions for liabilities 9 56,776 20,372
───────── ─────────
Net Liabilities (170,330) (61,118)
═════════ ═════════
 
Equity
Called up share capital 1 1
Retained earnings (170,331) (61,119)
───────── ─────────
Equity attributable to owners of the company (170,330) (61,118)
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
The company has taken advantage of the exemption under section 444 not to file the Income Statement and Directors' Report.
           
For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 7 July 2025 and signed on its behalf by
           
           
________________________________          
Andrew Fox          
Director          
           
           
________________________________
Jamie O'Reilly
Director
           



BBL Logistics & Solutions Ltd
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 December 2024

   
1. General Information
 
BBL Logistics & Solutions Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI662828. The registered office of the company is 15 Church Street, Belfast, Antrim, BT1 1PG, Northern Ireland which is also the principal place of business of the company. The principle activity of the company is that of Freight transport by road. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 December 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Revenue
Revenue comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Property, plant and equipment and depreciation
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
 
  Motor vehicles - 20% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Trade and other receivables
Trade and other receivables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other payables
Trade and other payables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Going concern
 
The company's balance sheet showed a deficiency of assets of £170,330 as at 31st December 2024. The company is reliant on ongoing support of group companies.
       
4. Employees
 
The average monthly number of employees, including directors, during the financial year was 7.
 
  2024 2023
  Number Number
 
Directors 4 4
Employee 3 1
  ───────── ─────────
  7 5
  ═════════ ═════════
       
5. Property, plant and equipment
  Motor Total
  vehicles  
     
  £ £
Cost or Valuation
At 1 January 2024 104,090 104,090
Additions 54,390 54,390
  ───────── ─────────
At 31 December 2024 158,480 158,480
  ───────── ─────────
Depreciation
At 1 January 2024 12,724 12,724
Charge for the financial year 26,392 26,392
  ───────── ─────────
At 31 December 2024 39,116 39,116
  ───────── ─────────
Carrying amount
At 31 December 2024 119,364 119,364
  ═════════ ═════════
At 31 December 2023 91,366 91,366
  ═════════ ═════════
       
6. Receivables 2024 2023
  £ £
 
Trade receivables 467,155 -
Taxation  (Note 8) 524 -
Prepayments and accrued income 10,690 208,564
  ───────── ─────────
  478,369 208,564
  ═════════ ═════════
       
7. Payables 2024 2023
Amounts falling due within one year £ £
 
Trade payables 712,656 -
Amounts owed to group undertakings 357,464 371,995
Taxation  (Note 8) 131,663 7,293
Accruals 30,130 2,133
  ───────── ─────────
  1,231,913 381,421
  ═════════ ═════════
       
8. Taxation 2024 2023
  £ £
 
Receivables:
VAT 524 -
  ═════════ ═════════
Payables:
PAYE / NI 7,714 7,293
Excise duty 123,949 -
  ───────── ─────────
  131,663 7,293
  ═════════ ═════════
           
9. Provisions for liabilities
 
The amounts provided for deferred taxation are analysed below:
 
  Capital Losses Total Total
  allowances      
         
      2024 2023
  £ £ £ £
 
At financial year start 22,842 (43,214) (20,372) -
Charged to profit and loss 7,000 (43,404) (36,404) (20,372)
  ───────── ───────── ───────── ─────────
At financial year end 29,842 (86,618) (56,776) (20,372)
  ═════════ ═════════ ═════════ ═════════
       
10. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 December 2024.
           
11. Related party transactions
 
BBL Logistics Limited

BBL Logistics Limited is the parent company of BBL Logistics & Solutions Ltd.
As at 31 December 2023 BBL Logistics & Solutions Ltd owed £371,995 to BBL Logistics Limited. During the year, net movement between the two companies totalled £14,531. As at 31 December 2024 BBL Logistics & Solutions Ltd owed £357,464 to BBL Logistics Limited.


BBL Bellereaux

BBL Bellereaux and BBL Logistics & Solutions Ltd are both part of the BBL Invest Group.
There was £797,503 of net transactions between BBL Logistics & Solutions Ltd and BBL Bellereaux, these are included in direct costs and administrative expenses. There is a balance of £6,643 owed to BBL Logistics & Solutions Ltd at 31 December 2024. This balance is included in Trade Debtors. At 31 December 2024 BBL Logistics owed £663,391 to BBL Bellereaux. This amount is included in Trade Creditors.
   
12. Parent company
 
The company regards BBL Logistics Limited as its parent company. The address of BBL Logistics Limited is Independent House, 2023 Bianconi Avenue, D24 EH50 Citywest Business Campus, Dublin, Ireland
 
   
13. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.