Company registration number 11826585 (England and Wales)
SMART MOVES VEHICLE LOGISTICS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
PAGES FOR FILING WITH REGISTRAR
SMART MOVES VEHICLE LOGISTICS LTD
COMPANY INFORMATION
Director
Mr D W Dignam
Company number
11826585
Registered office
22 Vicarage Close
Stirchley
Birmingham
B30 2SL
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
Santander UK Plc
Bridle Road
Bootle
Liverpool
L30 4GB
SMART MOVES VEHICLE LOGISTICS LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 6
SMART MOVES VEHICLE LOGISTICS LTD
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SMART MOVES VEHICLE LOGISTICS LTD FOR THE YEAR ENDED 28 FEBRUARY 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Smart Moves Vehicle Logistics Ltd for the year ended 28 February 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Smart Moves Vehicle Logistics Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Smart Moves Vehicle Logistics Ltd and state those matters that we have agreed to state to the b oard of d irectors of Smart Moves Vehicle Logistics Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Smart Moves Vehicle Logistics Ltd and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Smart Moves Vehicle Logistics 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 profit of Smart Moves Vehicle Logistics Ltd. You consider that Smart Moves Vehicle Logistics Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Smart Moves Vehicle Logistics Ltd. For this reason, we have not verified the 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 f inancial statements.

Ormerod Rutter Limited
14 July 2025
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
SMART MOVES VEHICLE LOGISTICS LTD
BALANCE SHEET
AS AT 28 FEBRUARY 2025
28 February 2025
- 2 -
28 February 2025
29 February 2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
6,593
8,945
Current assets
Debtors
4
13,630
15,529
Cash at bank and in hand
-
0
1,546
13,630
17,075
Creditors: amounts falling due within one year
5
(15,069)
(19,902)
Net current liabilities
(1,439)
(2,827)
Total assets less current liabilities
5,154
6,118
Creditors: amounts falling due after more than one year
6
(11,756)
(14,581)
Net liabilities
(6,602)
(8,463)
Capital and reserves
Called up share capital
8
1
1
Profit and loss reserves
(6,603)
(8,464)
Total equity
(6,602)
(8,463)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 14 July 2025
Mr D W Dignam
Director
Company registration number 11826585 (England and Wales)
SMART MOVES VEHICLE LOGISTICS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
- 3 -
1
Accounting policies
Company information

Smart Moves Vehicle Logistics Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 22 Vicarage Close, Stirchley, Birmingham, B30 2SL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements have been drawn up on the going concern basis. If the going concern basis were not appropriate, adjustments would have been made to reduce assets to recoverable amounts, to provide for any further liabilities that might arise, and to re-classify fixed assets as current assets and long term liabilities as current liabilities.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT.

Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% on reducing balance
Fixtures and fittings
25% on reducing balance
Computer equipment
33% on cost
Motor vehicles
25% on reducing balance
1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

SMART MOVES VEHICLE LOGISTICS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.7
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees
2025
2024
Number
Number
Total
1
1
SMART MOVES VEHICLE LOGISTICS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
- 5 -
3
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 March 2024 and 28 February 2025
20,418
3,133
2,445
9,500
35,496
Depreciation and impairment
At 1 March 2024
15,462
1,873
1,970
7,246
26,551
Depreciation charged in the year
1,240
315
233
564
2,352
At 28 February 2025
16,702
2,188
2,203
7,810
28,903
Carrying amount
At 28 February 2025
3,716
945
242
1,690
6,593
At 29 February 2024
4,956
1,260
475
2,254
8,945
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
8,755
11,654
Other debtors
1,436
-
0
10,191
11,654
Deferred tax asset
3,439
3,875
13,630
15,529
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
7,262
2,777
Trade creditors
60
-
0
Taxation and social security
141
1,700
Other creditors
7,606
15,425
15,069
19,902
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
11,756
14,581
SMART MOVES VEHICLE LOGISTICS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
- 6 -
7
Secured debts
The following secured debts are included within creditors:
2025
2024
£
£
Bank overdrafts
4,439
-
0
Bank loans
14,579
17,358
19,018
17,358
Bank loans are secured by way of a government-backed guarantee.
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary share of £1 each
1
1
1
1
9
Ultimate controlling party

The ultimate controlling party is Mr D W Dignam.

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