REGISTERED NUMBER: 06067402 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BARBICAN LOGISTICS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Ward

REGISTERED OFFICE:

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REGISTERED NUMBER:

06067402 (England and Wales)

AUDITORS:

Ensors, Statutory Auditor

Chartered Accountants

Victory House

Vision Park

Chivers Way

HISTON

Cambridgeshire

CB24 9ZR

FIXED ASSETS

Tangible assets

4

867,435

1,014,266

Investments

5

78

78

867,513

1,014,344

CURRENT ASSETS

Debtors

6

1,264,520

1,172,474

Cash at bank and in hand

1,076,700

1,039,555

2,341,220

2,212,029

CREDITORS

Amounts falling due within one year

7

2,081,900

2,307,407

NET CURRENT ASSETS/(LIABILITIES)

259,320

(95,378

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,126,833

918,966

CREDITORS

Amounts falling due after more than one year

8

(351,931

)

(497,905

)

PROVISIONS FOR LIABILITIES

9

(216,878

)

(253,566

)

NET ASSETS

558,024

167,495

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

557,924

167,395

SHAREHOLDERS' FUNDS

558,024

167,495

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 December 2025 and were signed by:

M Ward - Director

1.	STATUTORY INFORMATION

Barbican Logistics Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost, 25% on cost and 20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 43 (2023 - 43 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

1,763,422

Additions

200,728

Disposals

(241,697

)

At 31 December 2024

1,722,453

DEPRECIATION

At 1 January 2024

749,156

Charge for year

316,839

Eliminated on disposal

(210,977

)

At 31 December 2024

855,018

NET BOOK VALUE

At 31 December 2024

867,435

At 31 December 2023

1,014,266

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

78

NET BOOK VALUE

At 31 December 2024

78

At 31 December 2023

78

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

677,581

511,508

Amounts owed by group undertakings

9,008

54,082

Other debtors

577,931

606,884

1,264,520

1,172,474

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

270,335

268,304

Trade creditors

369,419

263,657

Amounts owed to group undertakings

1,306,021

1,631,367

Taxation and social security

87,462

73,554

Other creditors

48,663

70,525

2,081,900

2,307,407

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

351,931

497,905

9.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

216,878

253,566

Deferred

tax

£

Balance at 1 January 2024

253,566

Credit to Profit and Loss Account during year

(36,688

)

Balance at 31 December 2024

216,878

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jayson Lawson (Senior Statutory Auditor)

for and on behalf of Ensors, Statutory Auditor

12.	RELATED PARTY DISCLOSURES

During the year, various loans are made to other entities within the group controlled by Barbican Limited which is the parent entity of the company. To simplify the disclosure the company has prepared the table below showing the indebtedness of the other group entities as at the year end. Also to simplify the disclosure, all intercompany transactions are accounted for within a single balance for each entity. This means that as at the year end there are no intercompany balances within Other Creditors or Other Debtors relating to prepayments and accruals.

The balances disclosed below use the same naming order for the subsidiaries as per the Fixed Asset Investments note in the parent company's accounts barring the top row which is the parent company itself. Negative numbers denote a creditor in this company's accounts, positive numbers denote a debtor in this company's accounts

2024

2023

£

£

Barbican Limited

(735,167

)

(1,045,167

)

Barbican Logistics GmbH

(570,854

)

(570,854

)

Barbican Logistics Ireland Limited

9,008

13,314

Barbican Logistics SL

-

40,767

In addition to the loans above there are arms length transactions between the entities during the year. These result in amounts owed to and from the group entities within Trade debtors and Trade creditors in the respective Notes earlier in these accounts. The amounts owed to and from each group member within those notes is as follows:

2024

2023

£

£

Barbican Limited

(33,211

)

(17,768

)

Barbican Logistics GmbH

10,758

9,311

Barbican Logistics GmbH

(14,958

)

(9,091

)

Barbican Logistics Ireland Limited

15,324

22,026

Barbican Logistics Ireland Limited

(9,203

)

(13,379

)

Barbican Logistics SL

1,132

1,712

Barbican Logistics SL

(1,394

)

(1,595

)

Barbican Logistics ApS

315

666

13.	ULTIMATE CONTROLLING PARTY

The controlling party is Barbican Limited.

The ultimate controlling party is M Ward.