GUS LOGISTICS LTD


Directors	BEARD-SMITH, Pamela Mary
	BEARDSMITH, Gary Neil
	BEARDSMITH, Gerard Nathen
	BEARDSMITH, Graham Neil
	WEBB, Alice Katie


Registered Address	Unit 1 Unit 1 Link Park Way
	Off Airfield Road, Wardle
	Nantwich
	CW5 6RX


Registered Number	14491990 (England and Wales)

Balance Sheet as at
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		53,529		79,224
Tangible assets	4		536,785		263,732
			590,314		342,956
Current assets
Debtors	5	862,689		660,344
Cash at bank and on hand		8,491		16,702
		871,180		677,046
Creditors amounts falling due within one year	6	(1,007,266)		(817,340)
Net current assets (liabilities)			(136,086)		(140,294)
Total assets less current liabilities			454,228		202,662
Creditors amounts falling due after one year	7		(240,614)		(69,831)
Net assets			213,614		132,831
Capital and reserves
Called up share capital			5		5
Profit and loss account			213,609		132,826
Shareholders' funds			213,614		132,831

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 14 August 2026, and are signed on its behalf by:

BEARDSMITH, Graham Neil
Director
Registered Company No. 14491990

GUS LOGISTICS LTD

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover policy
	Turnover represents amounts receivable for warehousing, storage, fulfilment, handling and transport services, together with the sale of associated consumables, net of discounts and value added tax. Revenue from services is recognised in the period in which the services are provided, where the amount of revenue can be measured reliably and it is probable that the economic benefits associated with the transaction will flow to the company. Revenue from the sale of consumables and other goods is recognised when control of the goods has passed to the customer, normally on delivery.

Turnover policy

Turnover represents amounts receivable for warehousing, storage, fulfilment, handling and transport services, together with the sale of associated consumables, net of discounts and value added tax.

Revenue from services is recognised in the period in which the services are provided, where the amount of revenue can be measured reliably and it is probable that the economic benefits associated with the transaction will flow to the company.

Revenue from the sale of consumables and other goods is recognised when control of the goods has passed to the customer, normally on delivery.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	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.

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.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Goodwill
	Goodwill arising on an acquisition of a business is carried at cost less accumulated impairment losses, if any. Goodwill is amortised over its expected useful life which is estimated to be five years. Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the income statement. No reversals of impairment are recognised.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	5
	Vehicles	5
	Office Equipment	4

2.	Average number of employees


		2025		2024
	Average number of employees during the year	17		13

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 December 24	128,471
	At 30 November 25	128,471
	Amortisation and impairment
	At 01 December 24	49,247
	Charge for year	25,695
	At 30 November 25	74,942
	Net book value
	At 30 November 25	53,529
	At 30 November 24	79,224

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 December 24	292,207
	Additions	367,626
	At 30 November 25	659,833
	Depreciation and impairment
	At 01 December 24	28,474
	Charge for year	94,574
	At 30 November 25	123,048
	Net book value
	At 30 November 25	536,785
	At 30 November 24	263,732

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	735,273	563,138
Other debtors	127,416	97,206
Total	862,689	660,344

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	648,837	463,571
Bank borrowings and overdrafts	220,986	182,064
Taxation and social security	97,607	156,037
Other creditors	39,836	15,668
Total	1,007,266	817,340

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	240,614	69,831
Total	240,614	69,831