REGISTERED NUMBER: 04002394 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

MSK LOGISTICS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M V Budd

S J Ide

SECRETARY:

S J Ide

REGISTERED OFFICE:

Unit 32

Bolney Grange Business Park

Bolney

RH17 5PB

REGISTERED NUMBER:

04002394 (England and Wales)

ACCOUNTANTS:

John Williams & Co Limited

Chartered Certified Accountants

Chart House

2 Effingham Road

Reigate

Surrey

RH2 7JN

FIXED ASSETS

Tangible assets

4

52,996

69,122

CURRENT ASSETS

Debtors

5

752,651

729,537

Cash at bank and in hand

304,833

252,920

1,057,484

982,457

CREDITORS

Amounts falling due within one year

6

459,649

354,878

NET CURRENT ASSETS

597,835

627,579

TOTAL ASSETS LESS CURRENT LIABILITIES

650,831

696,701

PROVISIONS FOR LIABILITIES

8

12,229

16,195

NET ASSETS

638,602

680,506

CAPITAL AND RESERVES

Called up share capital

9

10,100

10,100

Retained earnings

10

628,502

670,406

SHAREHOLDERS' FUNDS

638,602

680,506

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 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 26 July 2026 and were signed on its behalf by:

M V Budd - Director

1.	STATUTORY INFORMATION

MSK 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.

Turnover

Turnover represents the net invoiced value of services supplied, excluding value added tax.

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

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 20 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

7,536

12,830

155,986

63,604

239,956

Additions

-

548

-

2,614

3,162

At 31 October 2025

7,536

13,378

155,986

66,218

243,118

DEPRECIATION

At 1 November 2024

6,460

10,843

105,715

47,816

170,834

Charge for year

269

380

12,567

6,072

19,288

At 31 October 2025

6,729

11,223

118,282

53,888

190,122

NET BOOK VALUE

At 31 October 2025

807

2,155

37,704

12,330

52,996

At 31 October 2024

1,076

1,987

50,271

15,788

69,122

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

446,825

446,093

Other debtors

252,731

267,131

Prepayments

53,095

16,313

752,651

729,537

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

291,132

207,462

Tax

21,699

28,636

Social security and other taxes

25,027

16,740

VAT

4,489

11,795

Other creditors

112,238

85,181

Directors' current accounts

4,629

4,629

Accrued expenses

435

435

459,649

354,878

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

26,000

26,000

Between one and five years

-

26,000

26,000

52,000

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

12,229

16,195

Deferred

tax

£

Balance at 1 November 2024

16,195

Accelerated capital allowances

(3,966

)

Balance at 31 October 2025

12,229

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

19,800

Ordinary

50p

9,900

9,900

200

Ordinary Non Voting

£1

200

200

10,100

10,100

10.

RESERVES

Retained

earnings

£

At 1 November 2024

670,406

Profit for the year

61,334

Dividends

(103,238

)

At 31 October 2025

628,502

11.	OTHER FINANCIAL COMMITMENTS

There is a fixed charge over the assets of MSK Logistics Limited. This is a cross company charge with a company under common control.

12.	RELATED PARTY DISCLOSURES

At the balance sheet date there is a loan balance of £246,231 (2024: £260,631) due from MSK Properties Limited, a company under common control.

13.	ULTIMATE CONTROLLING PARTY

The company is under the control of it's directors.