Sameday Logistic Solutions Ltd

Contents

Statement of comprehensive income and retained earnings	1
Statement of financial position	2
Notes to the Unaudited Financial Statements	3 to 7

Sameday Logistic Solutions Ltd

Statement of comprehensive income and retained earnings
for the Year Ended 30 April 2025

	Note	2025 £	2024 £
Turnover		229,544	300,878
Cost of sales		(167,781)	(227,065)
Gross profit		61,763	73,813
Administrative expenses		(106,818)	(127,089)
Operating loss		(45,055)	(53,276)
Other interest receivable and similar income		5	1
Interest payable and similar charges		(8,305)	(8,649)
		(8,300)	(8,648)
Loss before tax		(53,355)	(61,924)
Loss for the financial year		(53,355)	(61,924)
Retained earnings brought forward		(132,477)	(70,553)
Retained earnings carried forward		(185,832)	(132,477)

Sameday Logistic Solutions Ltd

(Registration number: 07452775)
Statement of financial position as at 30 April 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	123,043	152,901
Current assets
Debtors	5	22,710	32,599
Cash at bank and in hand		475	481
		23,185	33,080
Creditors: Amounts falling due within one year	6	(289,037)	(240,655)
Net current liabilities		(265,852)	(207,575)
Total assets less current liabilities		(142,809)	(54,674)
Creditors: Amounts falling due after more than one year	6	(43,021)	(77,801)
Net liabilities		(185,830)	(132,475)
Capital and reserves
Called up share capital	7	2	2
Retained earnings		(185,832)	(132,477)
Shareholders' deficit		(185,830)	(132,475)

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 11 September 2025
 

......................................... Mr N J Oliver Director

Sameday Logistic Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

These financial statements were authorised for issue by the director on 11 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Government grants are recognised in the same period as any underlying expenditure. During the year the entity was in receipt of government grants from the Job Retention Scheme. Income from the Job Retention Scheme was recognised at the same time as the underlying salary expenditure.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Sameday Logistic Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & Machinery	20% Reducing Balance
Motor Vehicles	20% Reducing Balance
Tenants Improvements	10% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the statement of financial position as a finance lease obligation.

Lease payments are apportioned between finance costs in the income statement and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Sameday Logistic Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2024 - 3).

4	Tangible assets

	Tenants Improvements £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 May 2024	18,055	97,849	110,500	226,404
At 30 April 2025	18,055	97,849	110,500	226,404
Depreciation
At 1 May 2024	5,418	31,003	37,082	73,503
Charge for the year	1,806	13,369	14,683	29,858
At 30 April 2025	7,224	44,372	51,765	103,361
Carrying amount
At 30 April 2025	10,831	53,477	58,735	123,043
At 30 April 2024	12,637	66,846	73,418	152,901

5

Debtors

	2025 £	2024 £
Trade debtors	22,710	32,203
Other debtors	-	396
	22,710	32,599

Sameday Logistic Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	38,729	50,928
Trade creditors		6,695	19,646
Taxation and social security		8,353	14,838
Accruals and deferred income		3,000	2,500
Other creditors		232,260	152,743
		289,037	240,655

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	43,021	77,801

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2

Sameday Logistic Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	834	10,833
Hire purchase contracts	42,187	66,968
	43,021	77,801

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	10,000	10,000
Hire purchase contracts	28,729	40,928
	38,729	50,928

9	Financial commitments, guarantees and contingencies

Amounts not provided for in the statement of financial position

The total amount of financial commitments not included in the balance sheet is £51,809 (2024 - £87,091). This is the total future minimum lease payments under non-cancellable operating leases.