USEFUL LOGISTICS LTD

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

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Page 2

Balance Sheet

As At 30 November 2025

Balance Sheet

Registered number: 11688556

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		565		753

			565		753
CURRENT ASSETS
Debtors	5	27,644		29,444
Cash at bank and in hand		84,813		101,675

		112,457		131,119
Creditors: Amounts Falling Due Within One Year	6	(41,167 )		(53,315 )

NET CURRENT ASSETS (LIABILITIES)			71,290		77,804

TOTAL ASSETS LESS CURRENT LIABILITIES			71,855		78,557

NET ASSETS			71,855		78,557

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			71,755		78,457

SHAREHOLDERS' FUNDS			71,855		78,557

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USEFUL LOGISTICS LTD

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 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 Paul Doidge

Director

13/08/2026

The notes on pages 4 to 6 form part of these financial statements.

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USEFUL LOGISTICS LTD

Notes to the Financial Statements

For The Year Ended 30 November 2025

Notes to the Financial Statements

1. General Information

Useful 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

2.1. Basis of Preparation of 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.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax

and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful

life.

Plant & Machinery

25 % on reducing balance

2.4. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and

Retained Earnings, 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.

2.5. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was 1 (2024: 1)

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USEFUL LOGISTICS LTD

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 December 2024	2,006

As at 30 November 2025	2,006

Depreciation
As at 1 December 2024	1,253
Provided during the period	188

As at 30 November 2025	1,441

Net Book Value
As at 30 November 2025	565

As at 1 December 2024	753

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	882
Other debtors	27,644	28,562

	27,644	29,444

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	11,008	14,630
Other creditors	21,736	10,644
Taxation and social security	8,423	28,041

	41,167	53,315

Other creditors include Director loan account balance of £19,418 (2024 - £ 5,475).

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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USEFUL LOGISTICS LTD

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

8. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	37,500	45,000

9. Reserves

	Profit and Loss Account
	£
As at 1 December 2024	78,457
Profit for the year and total comprehensive income	30,798

Dividends paid	(37,500)

As at 30 November 2025	71,755

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Director	Mr Paul Doidge

Company Number	11688556

Registered Office	4 Green Lane Business Park 238 Green Lane
	New Eltham
	London
	SE9 3TL

Accountants	Bayar Hughes & Co Limited
	Chartered Certified Accountants & Registered Auditors
	4 Green Lane Business Park
	238 Green Lane
	New Eltham
	London
	SE9 3TL