REGISTERED NUMBER: 05295692 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Lutterworth Logistics Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S J J Butler

REGISTERED OFFICE:

Park House

37 Clarence Street

Leicester

LE1 3RW

REGISTERED NUMBER:

05295692 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Intangible assets

4

46,200

53,900

Tangible assets

5

300,704

296,444

346,904

350,344

CURRENT ASSETS

Debtors

6

599,040

458,633

Cash at bank

176,892

182,689

775,932

641,322

CREDITORS

Amounts falling due within one year

7

(811,857

)

(697,709

)

NET CURRENT LIABILITIES

(35,925

)

(56,387

)

TOTAL ASSETS LESS CURRENT LIABILITIES

310,979

293,957

CREDITORS

Amounts falling due after more than one year

8

(59,144

)

(146,594

)

PROVISIONS FOR LIABILITIES

(74,544

)

(73,561

)

NET ASSETS

177,291

73,802

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

177,288

73,799

SHAREHOLDERS' FUNDS

177,291

73,802

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

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

The director acknowledges his 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 director and authorised for issue on 12 February 2026 and were signed by:

S J J Butler - Director

1.	STATUTORY INFORMATION

Lutterworth 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.

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.

Going concern

The financial statements have been prepared on the going concern basis which assumes the company will continue to trade. This depends on the ability of the directors to maintain the necessary financial support.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

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

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

Improvements to property

-

10% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

33% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year 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 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.

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

Assets obtained under the hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 20 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

77,000

AMORTISATION

At 1 January 2025

23,100

Amortisation for year

7,700

At 31 December 2025

30,800

NET BOOK VALUE

At 31 December 2025

46,200

At 31 December 2024

53,900

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2025

4,598

55,085

157

Additions

-

-

-

Disposals

-

-

-

At 31 December 2025

4,598

55,085

157

DEPRECIATION

At 1 January 2025

3,678

14,831

157

Charge for year

460

12,375

-

Eliminated on disposal

-

-

-

At 31 December 2025

4,138

27,206

157

NET BOOK VALUE

At 31 December 2025

460

27,879

-

At 31 December 2024

920

40,254

-

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

587,724

8,200

655,764

Additions

112,750

1,445

114,195

Disposals

(91,990

)

-

(91,990

)

At 31 December 2025

608,484

9,645

677,969

DEPRECIATION

At 1 January 2025

332,467

8,187

359,320

Charge for year

73,338

88

86,261

Eliminated on disposal

(68,316

)

-

(68,316

)

At 31 December 2025

337,489

8,275

377,265

NET BOOK VALUE

At 31 December 2025

270,995

1,370

300,704

At 31 December 2024

255,257

13

296,444

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

568,526

437,175

Other debtors

30,514

21,458

599,040

458,633

Trade debtors of £301,457 (2024 - £344,172) are subject to a factoring agreement.

Other debtors includes prepayments and accrued income of £30,514 (2024 - £21,457).

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

17,537

41,818

Hire purchase contracts

60,183

81,040

Trade creditors

103,646

97,199

Taxation and social security

230,008

161,667

Other creditors

400,483

315,985

811,857

697,709

Other creditors includes accruals and deferred income of £4,562 (2024 - £4,562).

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

-

17,424

Hire purchase contracts

59,144

129,170

59,144

146,594

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

17,537

59,242

Hire purchase contracts

119,327

210,210

Factoring account

346,891

270,891

483,755

540,343

Hire purchase liabilities are secured on the individual assets being so acquired.

The bank loan is secured by a fixed and floating charge over the assets of the company.

The factoring account is secured against trade debtors.

10.	OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments, guarantees and contingencies that are not included in the balance sheet is £10,920 (2024 - £10,920).

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

S J J Butler

Balance outstanding at start of year

-

-

Amounts advanced

800

21,924

Amounts repaid

(800

)

(21,924

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

The loan was repayable on demand and interest has been charged at the HMRC official rate.