REGISTERED NUMBER: 10395669 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

DEEP LOGISTICS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

B H Yu

REGISTERED OFFICE:

Unit 5-7

Seven Stars Industrial Estate

Wheler Road

Coventry

CV3 4LB

REGISTERED NUMBER:

10395669 (England and Wales)

AUDITORS:

Galloways Accounting (Audit) Limited

Statutory Auditors

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Tangible assets

4

40,198

52,830

CURRENT ASSETS

Debtors

5

59,938

64,134

Cash at bank

534,063

733,611

594,001

797,745

CREDITORS

Amounts falling due within one year

6

63,437

137,387

NET CURRENT ASSETS

530,564

660,358

TOTAL ASSETS LESS CURRENT LIABILITIES

570,762

713,188

CREDITORS

Amounts falling due after more than one year

7

(42,258

)

(48,284

)

PROVISIONS FOR LIABILITIES

8

(10,050

)

(13,208

)

NET ASSETS

518,454

651,696

CAPITAL AND RESERVES

Called up share capital

9

97

97

Capital redemption reserve

10

3

3

Retained earnings

10

518,354

651,596

SHAREHOLDERS' FUNDS

518,454

651,696

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 director and authorised for issue on 20 August 2026 and were signed by:

B H Yu - Director

1.	STATUTORY INFORMATION

Deep 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.

The presentation currency of the financial statements is the Pound Sterling (£).

Each unit is rounded to the nearest whole (1) pound.

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.

Going concern

When preparing the accounts, the director has made an assessment of the ability of the entity to exist as a going concern for a period of at least 12 months from the date upon which these accounts are filed. A company is a going concern unless management either intends to liquidate the entity or cease trading, or has no realistic alternative but to do so. In assessing whether the going concern assumption is appropriate, management have taken into account all available information about the future, which includes future expected cash flows,financing requirements (and the expectation of obtaining these) and future trading performance.

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The director therefore continues to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises amounts receivable, net of VAT and sales discounts, for the delivery of goods on behalf of other companies, including those within the group.

Turnover is recognised in these accounts at the point at which the goods arrive at the airport warehouse as this is the point at which the sale cannot be cancelled and therefore the company is certain that it will receive income for the delivery.

Tangible fixed assets

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

Fixtures and fittings

-

25% straight line

Motor vehicles

-

20% straight line

Computer equipment

-

33% straight line

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the financial instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently carried at fair value, with adjustments through the profit or loss.

Taxation

Taxation for the year comprises of current 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 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

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.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 October 2024

and 30 September 2025

166

61,705

1,789

63,660

DEPRECIATION

At 1 October 2024

35

9,256

1,539

10,830

Charge for year

41

12,341

250

12,632

At 30 September 2025

76

21,597

1,789

23,462

NET BOOK VALUE

At 30 September 2025

90

40,108

-

40,198

At 30 September 2024

131

52,449

250

52,830

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

26,873

33,154

Amounts owed by group undertakings

18,693

12,291

Other debtors

97

97

Director's current account

-

5,583

VAT

13,640

12,008

Prepayments and accrued income

635

1,001

59,938

64,134

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

6,026

6,026

Trade creditors

16,853

3,273

Amounts owed to group undertakings

-

69,698

Corporation tax

22,072

25,568

Social security and other taxes

8,194

2,623

Other creditors

396

379

Accruals and deferred income

9,896

29,820

63,437

137,387

Amounts due to group undertakings are unsecured, interest free, have no fixed date of repayment and are repayable on demand.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

35,133

41,159

Other creditors

7,125

7,125

42,258

48,284

The hire purchase liability is secured on the asset which it relates to.

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

10,050

13,208

Deferred

tax

£

Balance at 1 October 2024

13,208

Provided during year

(3,158

)

Balance at 30 September 2025

10,050

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

9,700

Ordinary

£0.01

97

97

10.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 October 2024

651,596

3

651,599

Profit for the year

66,760

-

66,760

Dividends

(200,002

)

-

(200,002

)

At 30 September 2025

518,354

3

518,357

The capital redemption reserve represents shares purchased by the company from its distributable profits.

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Neil Morris FCCA (Senior Statutory Auditor)

for and on behalf of Galloways Accounting (Audit) Limited

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

2025

2024

£

£

B H Yu

Balance outstanding at start of year

(5,583

)

8,426

Amounts advanced

5,697

9

Amounts repaid

(114

)

(14,018

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(5,583

)

13.	RELATED PARTY DISCLOSURES

During the year the company entered into the following transactions with related parties:

Sales

Sales

Purchases

Purchases

2025

2024

2025

2024

£

£

£

£

Individuals with control, joint control or significant influence over the company

-

-

-

238

Other related parties

315,189

229,157

177,893

55,577

The following amounts were outstanding at the reporting end date:

2025

2024

Amounts due to/(from) related parties

£

£

Individuals with control, joint control or significant influence over the company

-

(5,583

)

Other related parties

(18,693

)

(12,291

)

The company has entered into transactions with other wholly owned group subsidiaries. These entities are related parties by virtue of being under common control within the group.

14.	ULTIMATE CONTROLLING PARTY

The parent and immediate controlling party of the entity is CH Investment Holding Limited, a company incorporated in England and Wales. As at the balance sheet date the ultimate controlling parties of CH Investment Holding Limited were Diwei He and Ling Cheng. CH Investment Holding Limited will prepare consolidated accounts.

The smallest and largest company in which the results of the company are consolidated is CH Investment Holding Limited. Copies of the group accounts can be obtained from the registered address.