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Registered number: 11980897
Trek Logistics Limited
Unaudited Financial Statements
For The Year Ended 31 May 2026
Avery Martin Accountants
Salvus House
Aykley Head
Durham
DH1 5TS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11980897
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 371,178
Tangible Assets 5 17,061 27,875
17,061 399,053
CURRENT ASSETS
Stocks 6 463,807 730,831
Debtors 7 618,767 452,228
Cash at bank and in hand 62,358 81,931
1,144,932 1,264,990
Creditors: Amounts Falling Due Within One Year 8 (1,178,453 ) (1,588,186 )
NET CURRENT ASSETS (LIABILITIES) (33,521 ) (323,196 )
TOTAL ASSETS LESS CURRENT LIABILITIES (16,460 ) 75,857
Creditors: Amounts Falling Due After More Than One Year 9 (125,957 ) (194,851 )
NET LIABILITIES (142,417 ) (118,994 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Revaluation reserve 11 - 203,345
Profit and Loss Account (142,517 ) (322,439 )
SHAREHOLDERS' FUNDS (142,417) (118,994)
Page 1
Page 2
For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Nigel Mothersole
Director
25th July 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Trek Logistics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11980897 . The registered office is Prestige House Valleybridge Road, Clacton-On-Sea, Essex, CO15 4AD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Straight Line
Computer Equipment 20% Straight Line
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 37 (2025: 45)
37 45
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 June 2025 239,761 203,345 443,106
Disposals (239,761 ) (203,345 ) (443,106 )
As at 31 May 2026 - - -
Amortisation
As at 1 June 2025 71,928 - 71,928
Provided during the period 23,976 - 23,976
Disposals (95,904 ) - (95,904 )
As at 31 May 2026 - - -
Net Book Value
As at 31 May 2026 - - -
As at 1 June 2025 167,833 203,345 371,178
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5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 June 2025 123,514
Additions 2,617
Disposals (12,502 )
As at 31 May 2026 113,629
Depreciation
As at 1 June 2025 95,639
Provided during the period 10,930
Disposals (10,001 )
As at 31 May 2026 96,568
Net Book Value
As at 31 May 2026 17,061
As at 1 June 2025 27,875
6. Stocks
2026 2025
£ £
Materials 463,807 730,831
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 520,933 424,271
Prepayments and accrued income 79,834 9,957
Other debtors 18,000 18,000
618,767 452,228
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 190,591 331,818
Bank loans and overdrafts 270,468 265,086
Corporation tax 25,213 -
Other taxes and social security 41,475 60,297
VAT 153,677 208,054
Other creditors 459,708 480,602
Accruals and deferred income 19,758 12,657
Director's loan account 17,563 229,672
1,178,453 1,588,186
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9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 125,957 194,851
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
11. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 June 2025 203,345 (322,439 )
Profit for the year and total comprehensive income - 179,922
Transfer to/from Profit & Loss Account (203,345 ) -
As at 31 May 2026 - (142,517 )
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