REGISTERED NUMBER: 11609758 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

TWO WHEELS LOGISTICS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

S North

SECRETARY:

Mrs A L Sokhi-North

REGISTERED OFFICE:

Unit 15

Hockliffe Business Park

Watling Street

Hockliffe

Bedfordshire

LU7 9NB

REGISTERED NUMBER:

11609758 (England and Wales)

ACCOUNTANTS:

Graham Hunt & Co

Chartered Accountants

Unit 15

Hockliffe Business Park

Watling Street

Hockliffe

Bedfordshire

LU7 9NB

FIXED ASSETS

Tangible assets

4

80,634

38,412

CURRENT ASSETS

Debtors

5

116,103

109,822

Cash at bank

42,203

38,801

158,306

148,623

CREDITORS

Amounts falling due within one year

6

104,524

65,858

NET CURRENT ASSETS

53,782

82,765

TOTAL ASSETS LESS CURRENT LIABILITIES

134,416

121,177

CREDITORS

Amounts falling due after more than one year

7

133,900

120,453

NET ASSETS

516

724

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

416

624

516

724

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 July 2026 and were signed by:

S North - Director

1.	STATUTORY INFORMATION

Two Wheels Logistics Ltd 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

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.

Hire purchase and leasing commitments

Assets obtained under 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 profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 5 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

44,289

Additions

50,270

At 31 October 2025

94,559

DEPRECIATION

At 1 November 2024

5,877

Charge for year

8,048

At 31 October 2025

13,925

NET BOOK VALUE

At 31 October 2025

80,634

At 31 October 2024

38,412

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 November 2024

42,990

Additions

50,112

At 31 October 2025

93,102

DEPRECIATION

At 1 November 2024

5,125

Charge for year

7,872

At 31 October 2025

12,997

NET BOOK VALUE

At 31 October 2025

80,105

At 31 October 2024

37,865

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

62,864

46,457

Other debtors

53,239

63,365

116,103

109,822

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

51,016

22,820

Hire purchase contracts

17,413

8,018

Trade creditors

(2

)

(1

)

Taxation and social security

32,598

33,714

Other creditors

3,499

1,307

104,524

65,858

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

78,108

93,717

Hire purchase contracts

55,792

26,736

133,900

120,453

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Two Wheels Logistics Ltd for the year ended 31 October 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Two Wheels Logistics Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Two Wheels Logistics Ltd and state those matters that we have agreed to state to the director of Two Wheels Logistics Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Two Wheels Logistics Ltd and its director for our work or for this report.

It is your duty to ensure that Two Wheels Logistics Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Two Wheels Logistics Ltd. You consider that Two Wheels Logistics Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Two Wheels Logistics Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Graham Hunt & Co

Chartered Accountants

Unit 15

Hockliffe Business Park

Watling Street

Hockliffe

Bedfordshire

LU7 9NB

15 July 2026