Unaudited Financial Statements for the Year Ended 31 December 2025

for

JHW Logistics Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Craig

Mrs H Craig

W S Craig

SECRETARY:

REGISTERED OFFICE:

South Mains Cottage

Throsk

Stirlingshire

FK7 7NE

REGISTERED NUMBER:

SC415262 (Scotland)

ACCOUNTANTS:

LMC Accountants Ltd

Chartered Accountants

73 Stirling Business Centre

Wellgreen Place

Stirling

FK8 2DZ

FIXED ASSETS

Tangible assets

4

77,298

59,214

CURRENT ASSETS

Stocks

-

1,330

Debtors

5

243,342

290,836

Cash at bank

1,452

22,182

244,794

314,348

CREDITORS

Amounts falling due within one year

6

303,868

336,375

NET CURRENT LIABILITIES

(59,074

)

(22,027

)

TOTAL ASSETS LESS CURRENT LIABILITIES

18,224

37,187

CREDITORS

Amounts falling due after more than one year

7

(36,205

)

(25,622

)

PROVISIONS FOR LIABILITIES

(13,642

)

(11,251

)

NET (LIABILITIES)/ASSETS

(31,623

)

314

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

(31,723

)

214

SHAREHOLDERS' FUNDS

(31,623

)

314

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 directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 June 2026 and were signed on its behalf by:

J Craig - Director

1.	STATUTORY INFORMATION

JHW Logistics Ltd is a private company, limited by shares , registered in Scotland. 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.

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 reducing balance, 25% on reducing balance and 10% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

25,600

72,574

98,174

Additions

-

74,556

74,556

Disposals

-

(55,000

)

(55,000

)

At 31 December 2025

25,600

92,130

117,730

DEPRECIATION

At 1 January 2025

13,520

25,440

38,960

Charge for year

1,399

11,073

12,472

Eliminated on disposal

-

(11,000

)

(11,000

)

At 31 December 2025

14,919

25,513

40,432

NET BOOK VALUE

At 31 December 2025

10,681

66,617

77,298

At 31 December 2024

12,080

47,134

59,214

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

149,064

175,428

Other debtors

94,278

115,408

243,342

290,836

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

6,556

17,556

Hire purchase contracts

9,879

7,800

Trade creditors

279,352

293,227

Taxation and social security

5,901

14,684

Other creditors

2,180

3,108

303,868

336,375

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

2,459

9,389

Hire purchase contracts

33,746

16,233

36,205

25,622

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

24

B Ordinary

£1

-

-

Allotted and issued:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

76

Share capital 1

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 January 2025

214

Deficit for the year

(31,937

)

At 31 December 2025

(31,723

)

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.12.25

31.12.24

£

£

J Craig

Balance outstanding at start of year

35,574

31,375

Amounts advanced

-

9,554

Amounts repaid

(9,997

)

(5,355

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

25,577

35,574

Mrs H Craig

Balance outstanding at start of year

56,305

48,641

Amounts advanced

-

12,809

Amounts repaid

(10,253

)

(5,145

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

46,052

56,305

W S Craig

Balance outstanding at start of year

18,868

15,338

Amounts advanced

-

4,430

Amounts repaid

(1,126

)

(900

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

17,742

18,868

11.	ULTIMATE CONTROLLING PARTY

The controlling party is J Craig.