REGISTERED NUMBER: 13058684 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD 1 DECEMBER 2023 TO 31 MAY 2025

FOR

APPIAN LOGISTICS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr L D Shepherd

Mr G Shepherd

REGISTERED OFFICE:

Suite B

Parkside Business Park

Holyhead Road

Wolverhampton

West Midlands

WV7 3DA

REGISTERED NUMBER:

13058684 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

Tide

4th Floor

Prologue Works

25 Marsh Street

Bristol

BS1 4AX

FIXED ASSETS

Intangible assets

4

444

1,780

Tangible assets

5

47

187

491

1,967

CURRENT ASSETS

Debtors

6

191,142

157,369

Cash at bank

15,205

3,339

206,347

160,708

CREDITORS

Amounts falling due within one year

7

146,201

96,942

NET CURRENT ASSETS

60,146

63,766

TOTAL ASSETS LESS CURRENT LIABILITIES

60,637

65,733

CREDITORS

Amounts falling due after more than one year

8

(40,523

)

-

PROVISIONS FOR LIABILITIES

(12

)

(36

)

NET ASSETS

20,102

65,697

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

29,970

29,970

Retained earnings

(9,968

)

35,627

SHAREHOLDERS' FUNDS

20,102

65,697

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2025 and were signed on its behalf by:

Mr L D Shepherd - Director

Mr G Shepherd - Director

1.	STATUTORY INFORMATION

Appian Logistics Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 8 (2023 - 28 ) .

4.	INTANGIBLE FIXED ASSETS

Software

£

COST

At 1 December 2023

and 31 May 2025

3,563

AMORTISATION

At 1 December 2023

1,783

Amortisation for period

1,336

At 31 May 2025

3,119

NET BOOK VALUE

At 31 May 2025

444

At 30 November 2023

1,780

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 December 2023

and 31 May 2025

373

DEPRECIATION

At 1 December 2023

186

Charge for period

140

At 31 May 2025

326

NET BOOK VALUE

At 31 May 2025

47

At 30 November 2023

187

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Trade debtors

106,676

107,125

Amounts recoverable on contract

-

16,529

Other debtors

6,000

19,875

Directors' current accounts

78,466

13,840

191,142

157,369

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Bank loans and overdrafts

46,176

442

Trade creditors

-

7,524

Tax

36,922

32,404

Social security and other taxes

11,217

10,521

VAT

48,221

39,277

Other creditors

1,700

2,664

Accrued expenses

1,965

4,110

146,201

96,942

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2023

£

£

Bank loans - 2-5 years

40,523

-

9.	OTHER FINANCIAL COMMITMENTS

At 31 May 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those assets of £56,000.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 May 2025 and the year ended 30 November 2023:

2025

2023

£

£

Mr L D Shepherd

Balance outstanding at start of period

8,856

7,429

Amounts advanced

116,611

48,529

Amounts repaid

(84,121

)

(47,102

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

41,346

8,856

Mr G Shepherd

Balance outstanding at start of period

4,984

3,547

Amounts advanced

109,447

49,039

Amounts repaid

(77,311

)

(47,602

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

37,120

4,984

Loans are unsecured, interest free and repayable on demand.

11.	RELATED PARTY DISCLOSURES

During the period, total dividends of £98,000 were paid to the directors .

At the time the dividends were paid the directors were not aware that there were insufficient profits available for distribution, and the directors acknowledge that no further distributions can be made until there are sufficient profits available for distribution.