Mkolev Logistics Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10113928

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		35,919		28,807

			35,919		28,807
CURRENT ASSETS
Debtors	5	7,548		6,803
Cash at bank and in hand		6,466		6,561

		14,014		13,364
Creditors: Amounts Falling Due Within One Year	6	(83,974 )		(48,705 )

NET CURRENT ASSETS (LIABILITIES)			(69,960 )		(35,341 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(34,041 )		(6,534 )

Creditors: Amounts Falling Due After More Than One Year	7		(37,042 )		(19,143 )

NET LIABILITIES			(71,083 )		(25,677 )

CAPITAL AND RESERVES
Called up share capital	9		1,000		1,000
Profit and Loss Account			(72,083 )		(26,677 )

SHAREHOLDERS' FUNDS			(71,083)		(25,677)

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Mkolev Logistics Ltd

Balance Sheet (continued)

As At 30 April 2026

For the year ending 30 April 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 Miroslav Kolev

Director

28/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Mkolev Logistics Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10113928 . The registered office is 31 Middletons Lane, Norwich, NR6 5NQ.

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. 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	18%
Motor Vehicles	18%
Fixtures & Fittings	18%
Computer Equipment	18%

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2025: 1)

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Mkolev Logistics Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 May 2025	350	62,095	62,445
Additions	-	14,996	14,996

As at 30 April 2026	350	77,091	77,441

Depreciation
As at 1 May 2025	115	33,523	33,638
Provided during the period	42	7,842	7,884

As at 30 April 2026	157	41,365	41,522

Net Book Value
As at 30 April 2026	193	35,726	35,919

As at 1 May 2025	235	28,572	28,807

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	7,514	6,072
VAT	-	697
Other taxes and social security	34	34

	7,548	6,803

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	227	235
Bank loans and overdrafts	7,976	4,963
Other loans	26,740	6,044
VAT	652	-
Director's loan account	48,379	37,463

	83,974	48,705

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	7,389	12,416
Bank loans	29,653	6,727

	37,042	19,143

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Mkolev Logistics Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

8. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Less: Finance charges allocated to future periods	(7,389 )	(12,416 )

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1,000	1,000

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