NG TRANSPORT LOGISTICS LTD


Directors	GOODWIN, Neil
	GOODWIN, Sonya


Registered Address	21 Sycamore Way
	Birstall
	WF17 0EE


Registered Number	13663035 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		6,000		7,000
Tangible assets	4		332,544		183,481
			338,544		190,481
Current assets
Debtors	5	120,232		113,857
Cash at bank and on hand		4,095		74,314
		124,327		188,171
Creditors amounts falling due within one year	6	(299,830)		(301,765)
Net current assets (liabilities)			(175,503)		(113,594)
Total assets less current liabilities			163,041		76,887
Creditors amounts falling due after one year	7		(125,384)		(36,011)
Provisions for liabilities	9		(35,977)		(34,861)
Net assets			1,680		6,015
Capital and reserves
Called up share capital			100		100
Profit and loss account			1,580		5,915
Shareholders' funds			1,680		6,015

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 14 May 2026, and are signed on its behalf by:

GOODWIN, Neil
Director
Registered Company No. 13663035

NG TRANSPORT LOGISTICS LTD

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

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

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	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.

	Current taxation
	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.

Current taxation

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
	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.

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.

	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.

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


	Reducing balance (%)	Straight line (years)
Plant and machinery	15	-
Fixtures and fittings	15	-
Vehicles	25	-
Office Equipment	-	3

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	8		9

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 November 24	10,000	10,000
At 31 October 25	10,000	10,000
Amortisation and impairment
At 01 November 24	3,000	3,000
Charge for year	1,000	1,000
At 31 October 25	4,000	4,000
Net book value
At 31 October 25	6,000	6,000
At 31 October 24	7,000	7,000

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 November 24	255	299,386	677	5,643	305,961
Additions	1,792	235,605	-	823	238,220
Disposals	-	(41,246)	-	-	(41,246)
At 31 October 25	2,047	493,745	677	6,466	502,935
Depreciation and impairment
At 01 November 24	99	118,476	262	3,643	122,480
Charge for year	90	69,145	62	1,264	70,561
On disposals	-	(22,650)	-	-	(22,650)
At 31 October 25	189	164,971	324	4,907	170,391
Net book value
At 31 October 25	1,858	328,774	353	1,559	332,544
At 31 October 24	156	180,910	415	2,000	183,481

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	49,156	85,873
Other debtors	71,076	27,984
Total	120,232	113,857

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	26,819	9,786
Bank borrowings and overdrafts	5,901	10,105
Taxation and social security	45,475	64,047
Finance lease and HP contracts	71,639	19,370
Other creditors	143,893	193,874
Accrued liabilities and deferred income	6,103	4,583
Total	299,830	301,765

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	6,157
Other creditors	125,384	29,854
Total	125,384	36,011

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	197,023		49,223

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	35,977	34,861
Total	35,977	34,861

10.	Directors advances, credits and guarantees
	Included within creditors: amounts falling due within one year were loans to the directors of £118,493 (2024: £193,874). The loans were interest free, with no fixed date for repayment. Under the BBLS scheme the government provided a 100% guarantee. As at the balance sheet date, this represented a bank loan guarantee of £5,901 (2024:£16,262).