Sitruna Logistics Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 12930202

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		37,906		35,208

			37,906		35,208
CURRENT ASSETS
Stocks	5	4,571		1,773
Debtors	6	86,160		87,586
Cash at bank and in hand		15,302		41,680

		106,033		131,039
Creditors: Amounts Falling Due Within One Year	7	(61,533 )		(59,227 )

NET CURRENT ASSETS (LIABILITIES)			44,500		71,812

TOTAL ASSETS LESS CURRENT LIABILITIES			82,406		107,020

Creditors: Amounts Falling Due After More Than One Year	8		(7,675 )		-

NET ASSETS			74,731		107,020

CAPITAL AND RESERVES
Called up share capital	10		1,667		1,667
Share premium account			99,333		99,333
Profit and Loss Account			(26,269 )		6,020

SHAREHOLDERS' FUNDS			74,731		107,020

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Sitruna Logistics Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr David Alan Thomas

Director

13/08/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Sitruna Logistics Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12930202 . The registered office is 4a Buckland Road, Pen Mill Trading Estate, Yeovil, Somerset, BA21 5EA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	Reducing balance basis over four years.
Fixtures & Fittings	Reducing balance basis over four years.
Computer Equipment	Reducing balance basis over four years.

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Sitruna Logistics Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation

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

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 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.

2.7. Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

2.8. Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

2.9. Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 10)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	40,648	13,933	7,265	61,846
Additions	12,000	3,103	232	15,335

As at 31 March 2025	52,648	17,036	7,497	77,181

Depreciation
As at 1 April 2024	18,235	5,623	2,780	26,638
Provided during the period	8,604	2,853	1,180	12,637

As at 31 March 2025	26,839	8,476	3,960	39,275

Net Book Value
As at 31 March 2025	25,809	8,560	3,537	37,906

As at 1 April 2024	22,413	8,310	4,485	35,208

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Sitruna Logistics Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Stocks

	31 March 2025	31 March 2024
	£	£
Finished goods	4,571	1,773

6. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Trade debtors	44,686	19,176
Other debtors	41,474	68,410

	86,160	87,586

7. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Net obligations under finance lease and hire purchase contracts	1,993	-
Trade creditors	46,067	56,872
Other creditors	10,459	1,575
Taxation and social security	3,014	780

	61,533	59,227

8. Creditors: Amounts Falling Due After More Than One Year

	31 March 2025	31 March 2024
	£	£
Net obligations under finance lease and hire purchase contracts	7,675	-

9. Obligations Under Finance Leases and Hire Purchase

	31 March 2025	31 March 2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	1,993	-
Later than one year and not later than five years	7,675	-

	9,668	-

	9,668	-

10. Share Capital

	31 March 2025	31 March 2024
	£	£
Allotted, Called up and fully paid	1,667	1,667

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Sitruna Logistics Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Luke Thomas	1,250	-	-	-	1,250
Mr Daniel Thomas	1,250	-	-	-	1,250
Mr James Thomas	1,250	-	-	-	1,250
Mr David Thomas	1,250	-	-	-	1,250

The above loans are unsecured, interest free and repaid within nine months of the reporting period.

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