Registration number: 13002783

LMG Logistics Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

LMG Logistics Limited

Company Information

Directors

Mr David Francis Hobden Mr Guy Alexander De Jersey Lowney Poundminster Limited Christopher Graham Stainforth John Justin Jones James Richard Warne

Registered office

122 Wigmore Street London W1U 3RX

Accountants

Michaelides Warner & Co 102 Fulham Palace Road London W6 9PL

LMG Logistics Limited

(Registration number: 13002783)
Balance Sheet as at 30 June 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	120,267	137,867
Current assets
Debtors	5	29,593	28,794
Cash at bank and in hand		14	19,892
		29,607	48,686
Creditors: Amounts falling due within one year	6	(9,252)	(9,301)
Net current assets		20,355	39,385
Total assets less current liabilities		140,622	177,252
Creditors: Amounts falling due after more than one year	6	(734,933)	(688,209)
Net liabilities		(594,311)	(510,957)
Capital and reserves
Called up share capital	7	125	124
Share premium reserve		124,981	114,983
Retained earnings		(719,417)	(626,064)
Shareholders' deficit		(594,311)	(510,957)

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

Directors' 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 directors acknowledge their 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 May 2026 and signed on its behalf by:
 

LMG Logistics Limited

(Registration number: 13002783)
Balance Sheet as at 30 June 2025

......................................... Mr Guy Alexander De Jersey Lowney Director

LMG Logistics Limited

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

1	General information

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

The address of its registered office is:
122 Wigmore Street
London
W1U 3RX
England

These financial statements were authorised for issue by the Board on 21 May 2026.

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).

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.

Going concern

The financial statements have been prepared on a going concern basis.

Judgements

The directors consider that there are no key judgements that management have made in the process of applying the company's accounting policies and that may have had a significant effect on the amounts recognised in the financial statements.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

LMG Logistics Limited

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

Intangible assets

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

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Intellectual property	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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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 profit and loss account 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.

LMG Logistics Limited

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

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.

Financial instruments

Classification
The company only enters into basic financial instruments transactions that result in the recognition of financial
assets and liabilities like investments, trade and other receivables, cash and bank balances, trade and other
creditors.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are
measured, initially and subsequently, at the undiscounted amount of the cash or cash consolidation expected
to be paid or received.
 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 4).

LMG Logistics Limited

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

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 1 July 2024	176,000	176,000
At 30 June 2025	176,000	176,000
Amortisation
At 1 July 2024	38,133	38,133
Amortisation charge	17,600	17,600
At 30 June 2025	55,733	55,733
Carrying amount
At 30 June 2025	120,267	120,267
At 30 June 2024	137,867	137,867

5

Debtors

Current	2025 £	2024 £
Other debtors	29,593	28,794
	29,593	28,794

LMG Logistics Limited

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

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	-	749
Taxation and social security	400	-
Accruals and deferred income	-	1,500
Other creditors	8,852	7,052
	9,252	9,301

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	548,993	519,173
Other financial liabilities		185,940	169,036
		734,933	688,209

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £0.01 each	12,487	125	12,341	123

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Other borrowings	548,993	519,173

LMG Logistics Limited

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

9	Related party transactions

Transactions with directors

2025	At 1 July 2024 £	Advances to director £	Repayments by director £	At 30 June 2025 £
Mr Guy Alexander De Jersey Lowney
Amounts owed to/(from) the director	(19,551)	-	1,820	(17,731)
John Justin Jones
Amounts owed to/(from) the director	(7,959)	(2,901)	-	(10,860)
Christopher Graham Stainforth
Amounts owed to/(from) the director	7,052	-	1,800	8,852

2024	At 1 July 2023 £	Advances to director £	Repayments by director £	At 30 June 2024 £
Mr Guy Alexander De Jersey Lowney
Amounts owed to/(from) the director	(3,151)	(16,400)	-	(19,551)
John Justin Jones
Amounts owed to/(from) the director	(249)	(7,710)	-	(7,959)
Christopher Graham Stainforth
Amounts owed to/(from) the director	5,252	-	1,800	7,052