Europe Logistics Limited - Filleted accounts

Registered number

03806032

Europe Logistics Limited

Filleted Accounts

31 December 2025

Europe Logistics Limited
Registered number:		03806032
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		40,842			40,842
Tangible assets	4		1,926,697			1,580,490
			1,967,539			1,621,332

Current assets
Debtors	5	430,298			369,035
Cash at bank and in hand		689,467			111,969
		1,119,765			481,004

Creditors: amounts falling due within one year	6	(845,601)			(474,888)

Net current assets			274,164			6,116

Total assets less current liabilities			2,241,703			1,627,448

Creditors: amounts falling due after more than one year	7		(350,786)			(234,973)

Provisions for liabilities			(173,826)			(173,826)

Net assets			1,717,091			1,218,649

Capital and reserves
Called up share capital			100			100
Profit and loss account			1,716,991			1,218,549

Shareholders' funds			1,717,091			1,218,649

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs Kulbir Kaur
Director
Approved by the board on 21 July 2026

Europe Logistics Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	20% reducing balance
	Motor vehicles	10% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			48		35


3	Intangible fixed assets					£
	(Other than Goodwill)

	Cost
	At 1 January 2025					40,842
	At 31 December 2025					40,842

	Amortisation
	At 31 December 2025					-

	Net book value
	At 31 December 2025					40,842
	At 31 December 2024					40,842

	Intangible assets comprises of business vehicles private number plates and is stated at cost.


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 January 2025	7,814		2,534,153		2,541,967
	Additions	3,776		650,391		654,167
	Disposals	-		(186,750)		(186,750)
	At 31 December 2025	11,590		2,997,794		3,009,384

	Depreciation
	At 1 January 2025	7,015		954,462		961,477
	Charge for the year	915		173,386		174,301
	On disposals	-		(53,091)		(53,091)
	At 31 December 2025	7,930		1,074,757		1,082,687

	Net book value
	At 31 December 2025	3,660		1,923,037		1,926,697
	At 31 December 2024	799		1,579,691		1,580,490


5	Debtors			2025		2024
£					£

	Trade debtors			168,285		101,475
	Other debtors			262,013		267,560
				430,298		369,035


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			-		22,448
	Obligations under finance lease and hire purchase contracts			256,872		217,380
	Taxation and social security costs			377,590		166,094
	Other creditors			211,139		68,966
				845,601		474,888


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			4,195		3,746
	Obligations under finance lease and hire purchase contracts			317,812		151,176
	Director's account			28,779		80,051
				350,786		234,973


8	Loans/finance lease			2025		2024
£					£
	Creditors include:

	Finance lease and hire purchase			574,684		368,556

	The obligation under finance leases and hire purchase contracts are secured on the assets aquired using such finance.


9	Related party transactions

	Other debtors includes the amount of £186,748 (2024: £169,448) due from ELL Real Estate Ltd where Mrs Kulbir Kaur is a shareholder. There are no terms as to interest or repayment in respect of this amount.


10	Other information

	Europe Logistics Limited is a private company limited by shares and incorporated in England. Its registered office is:
	39 Stretton Road
	Great Glen
	Leicester
	LE8 9GN