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Company Registration No. 12703496 (England and Wales)
SAS Logistics Contracts Ltd Unaudited accounts for the period from 1 July 2024 to 30 September 2025
SAS Logistics Contracts Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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SAS Logistics Contracts Ltd Company Information for the period from 1 July 2024 to 30 September 2025
Director
Adam James Spratt
Company Number
12703496 (England and Wales)
Registered Office
Evans Entwistle Office 12a Equinox South Great Park Road Bristol BS32 4QL United Kingdom
Accountants
Evans Entwistle Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of SAS Logistics Contracts Ltd for the period from 1 July 2024 to 30 September 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SAS Logistics Contracts Ltd for the period from 1 July 2024 to 30 September 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL 24 October 2025
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SAS Logistics Contracts Ltd Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
399,581
2,297,314
Investments
50,000
50,000
449,581
2,347,314
Current assets
Debtors
206,954
951,779
Cash at bank and in hand
86,461
818,086
293,415
1,769,865
Creditors: amounts falling due within one year
(645,465)
(1,043,156)
Net current (liabilities)/assets
(352,050)
726,709
Total assets less current liabilities
97,531
3,074,023
Creditors: amounts falling due after more than one year
(21,556)
(761,614)
Provisions for liabilities
Deferred tax
5
(75,921)
(245,416)
Net assets
54
2,066,993
Capital and reserves
Called up share capital
6
1,000
1,000
Share premium
1,061,527
1,061,527
Profit and loss account
(1,062,473)
1,004,466
Shareholders' funds
54
2,066,993
For the period ending 30 September 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 October 2025 and were signed on its behalf by
Adam James Spratt Director Company Registration No. 12703496
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SAS Logistics Contracts Ltd Notes to the Accounts for the period from 1 July 2024 to 30 September 2025
1
Statutory information
SAS Logistics Contracts Ltd is a private company, limited by shares, registered in England and Wales, registration number 12703496. The registered office is Evans Entwistle Office 12a, Equinox South, Great Park Road, Bristol, BS32 4QL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
4 years straight line
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SAS Logistics Contracts Ltd Notes to the Accounts for the period from 1 July 2024 to 30 September 2025
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Going concern
The directors have assessed the company's ability to continue as a going concern. The company experienced the loss of a significant customer during the year and whilst has done it's upmost to meet obligations cannot pay it's debts as they fall due. Therefore they have taken the decision during the financial year to stop trading.
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 July 2024
3,706,262
Additions
1,175,463
Disposals
(4,168,025)
At 30 September 2025
713,700
Depreciation
At 1 July 2024
1,408,948
Charge for the period
155,439
On disposals
(1,250,268)
At 30 September 2025
314,119
Net book value
At 30 September 2025
399,581
At 30 June 2024
2,297,314
5
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
75,921
245,416
2025
2024
£
£
Provision at start of period
245,416
181,474
(Credited)/charged to the profit and loss account
(169,495)
63,942
Provision at end of period
75,921
245,416
6
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
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SAS Logistics Contracts Ltd Notes to the Accounts for the period from 1 July 2024 to 30 September 2025
7
Transactions with related parties
At the balance sheet date the following balances were due to the company: - Spratt Trading Ltd (16664553) £100,000 (2024: N/A) - Spratt Properties Ltd (15892829) £31,692. (2024: N/A) At the balance sheet date the company owed the following - Spratt Group Ltd (16664551) £4,376 (2024: N/A)
8
Controlling party
The company is a wholly owned subsidiary of Spratt Group Ltd (16664551) and is ultimately controlled by Adam Spratt and Steve Spratt.
9
Average number of employees
During the period the average number of employees was 10 (2024: 10).
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