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Island Logistic Ltd
 
 
Company Registration Number
09655406
 
 
Report of the Directors and
Unaudited Financial Statements
 
 
Period of accounts
 
Start date 01/07/2024
 
End date 30/06/2025
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 1
Island Logistic Ltd
 
Contents of the Financial Statements
for the Period Ended 30 June 2025
 
 
Page
Company Information 3
 
Report of the Directors 4
 
Profit and Loss Account 5
 
Balance Sheet 6 - 7
 
Notes to the Financial Statements 8 - 12
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 2
Island Logistic Ltd
Company Information
for the Period Ended 30 June 2025
 
Directors Zdzislaw Kostecki
 
 
Registered office 218 Gadsby Street
Nuneaton
Warwickshire
CV11 4PE
 
Company Registration Number 09655406
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 3
Island Logistic Ltd
Directors Report
for the Period Ended 30 June 2025
The directors present their report with the financial statements of the company for the
period ended 30 June 2025
Principal activities
The principal activity of the company in the period under review was
Freight transport by road, Security dealing on own account
Directors
The director(s) shown below have held office during the whole of the period
Zdzislaw Kostecki
Small Company Provisions
These accounts have been prepared in accordance with the provisions applicable to
companies subject to the small companies regime.
 
This report was approved by the board of directors on 2025-09-28
and signed on behalf of the board by
Name Zdzislaw Kostecki
Status Director
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 4
Island Logistic Ltd
 
Profit and Loss Account
for the Period Ended 30 June 2025
2025 2,024
Notes £ £
 
Turnover 2 78,345 46,712
______ ______
Gross Profit/(Loss) 78,345 46,712
 
Administrative expenses 66,794 43,405
______ ______
Operating costs 66,794 43,405
 
______ ______
Operating Profit/(Loss) 11,551 3,307
______ ______
Interest receivable and similar 180 147
______ ______
Net Finance income/(Loss) 180 147
______ ______
Profit/(Loss) on ordinary activities before taxation 11,731 3,454
 
Tax on profit on ordinary activities 3 38 19
_____ ____
Profit/(Loss) for the financial period after taxation 11,693 3,435
 
The notes form part of these financial statements
 
 
 
 
 
 
 
 
 
 
 
Page 5
Island Logistic Ltd
Balance Sheet
for the Period Ended 30 June 2025
Company registration number 09655406
2025 2,024
Notes £ £
Fixed assets
Tangible fixed assets 4 21,750 21,750
_______ _______
Total fixed assets 21,750 21,750
Current assets
Debtors 5 200
Investments 6 2,540 2,540
Cash at bank and in hand 16,866 (3,821)
_______ _______
Total current assets/(liabilities) 19,406 (1,081)
Creditors
Creditors - amounts falling
due within one year 7 18,385 8,088
_______ _______
Net current assets 1,021 (9,169)
_______ _______
Total assets less current liabilities 22,771 12,581
_______ _______
Creditors - amounts falling
due after more than one year 8 0 1,503
_______ _______
Long term creditors 0 1,503
_____ _____
Net assets/(liabilities) 22,771 11,078
Capital and reserves
Called up share capital 10 100 100
Profit and loss account 11 22,671 10,978
_____ _____
Total shareholders funds 22,771 11,078
 
 
 
 
 
 
 
Page 6
Island Logistic Ltd
 
Balance Sheet
for the Period Ended 30 June 2025
 
 
 
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
 
For the year ending 30 June 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
 
The financial statements were approved by the Board of Directors on 2025-09-28
 
SIGNED ON BEHALF OF THE BOARD BY
 
 
 
 
 
 
 
Name Zdzislaw Kostecki
 
The notes form part of these financial statements
Average number of employees during period 2
 
 
 
 
 
 
 
 
 
Page 7
Island Logistic Ltd
Notes to the Financial Statements
for the Period Ended 30 June 2025
1. Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the small companies regime.
Going Concern
The company has a deficit on shareholders' funds and relies upon the support of its shareholders and creditors,which has been confirmed for a period of at least twelve months from the approval of the financial statements.Accordingly the directors have prepared the financial statements on the going concern basis.
Turnover
The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT.
Investments
Investments are recognised initially at fair value. Subsequently they are measured at fair value if the shares
are publicly traded or otherwise measured reliably. Other investments are measured at cost less impairment.
Pension costs
The company operates a defined contribution pension scheme for employees. The annual contributionspayable are charged to the profit and loss account.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 8
Island Logistic Ltd
Notes to the Financial Statements
for the Period Ended 30 June 2025
2. Turnover 2025 2,024
£ £
United Kingdom 78,345 46,712
_____ _____
Total 78,345 46,712
3. Taxation
The tax charge on the profit on ordinary activities 2025 2,024
for the period was as follows £ £
UK Corporation Tax net of reliefs 38 19
__ __
Tax on profit on ordinary activities 38 19
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 9
Island Logistic Ltd
Notes to the Financial Statements
for the Period Ended 30 June 2025
4. Tangible fixed assets
Motor Total
vehicles
Cost £ £
At 1 July 2024 21,750 21,750
_____ _____
At 30 June 2025 21,750 21,750
Depreciation
At 1 July 2024
At 30 June 2025
Net book value
At 30 June 2025 21,750 21,750
At 30 June 2024 21,750 21,750
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 10
Island Logistic Ltd
Notes to the Financial Statements
for the Period Ended 30 June 2025
5. Debtors 2025 2,024
Trade debtors 200
_ ___
Total 0 200
6. Current asset investments 2025 2,024
Unlisted 2,540 2,540
Total 2,540 2,540
7. Creditors amounts falling due within one year 2025 2,024
Bank loans and overdrafts 6,603 1,640
Trade creditors 3 1
Corporation tax 38 19
Other taxation and social security 842 561
Other creditors 10,899 5,867
_____ ____
Total 18,385 8,088
8. Creditors amounts falling due after more than one year 2025 2,024
Bank loans 1,503
_ ____
Total 0 1,503
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 11
Island Logistic Ltd
Notes to the Financial Statements
for the Period Ended 30 June 2025
9. Borrowings 2025 2,024
The following loans are included within creditors £ £
Within one year 6,603 1,640
Between one and two years 1,503
____ ____
Total 6,603 3,143
10. Share capital 2025 2,024
Authorised type Par value £ £
Ordinary 1 100 100
___ ___
Total 100 100
Allotted, called up and paid £ £
Ordinary 100 100
___ ___
Total 100 100
11. Reserves/Retained profit
Retained profit reconciliation £
Reserves at 1 July 2024 10,978
Profit/(Loss) for year 11,693
Dividends paid
_____
Retained Profit/(Loss) at 30 June 2025 22,671
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 12