T.L.E, European Logistics Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 13212359 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

T.L.E, European Logistics Limited

Page

Company Information

1

Chartered Certified Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

Mrs Michelle Degnen

REGISTERED OFFICE:

Ground Floor

6&7 Eastway Business Village

Olivers Place

Preston

Lancashire

PR2 9WT

REGISTERED NUMBER:

13212359 (England and Wales)

ACCOUNTANTS:

Mark Vickers Accountants Limited

Ground Floor

6&7 Eastway Business Village

Olivers Place

Preston

Lancashire

PR2 9WT

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of T.L.E, European Logistics Limited for the year ended 28 February 2026 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of T.L.E, European Logistics Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of T.L.E, European Logistics Limited and state those matters that we have agreed to state to the director of T.L.E, European Logistics Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that T.L.E, European Logistics Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of T.L.E, European Logistics Limited. You consider that T.L.E, European Logistics Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of T.L.E, European Logistics Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Mark Vickers Accountants Limited

Ground Floor

6&7 Eastway Business Village

Olivers Place

Preston

Lancashire

PR2 9WT

Date: .............................................

FIXED ASSETS

Tangible assets

4

868,568

614,853

CURRENT ASSETS

Stocks

5

214,411

177,246

Debtors

6

261,538

199,141

Cash at bank

21,669

5,325

497,618

381,712

CREDITORS

Amounts falling due within one year

7

719,330

668,728

NET CURRENT LIABILITIES

(221,712

)

(287,016

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

646,856

327,837

CREDITORS

Amounts falling due after more than one
year

8

(545,502

)

(276,399

)

PROVISIONS FOR LIABILITIES

(38,184

)

(26,450

)

NET ASSETS

63,170

24,988

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

63,070

24,888

63,170

24,988

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 21 August 2026 and were signed by:

Mrs Michelle Degnen - Director

1.	STATUTORY INFORMATION

T.L.E, European 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 7 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 March 2025

243,900

21,814

566,343

832,057

Additions

57,000

2,360

432,045

491,405

Disposals

-

(155,000

)

(155,000

)

At 28 February 2026

300,900

24,174

843,388

1,168,462

DEPRECIATION

At 1 March 2025

47,129

10,313

159,762

217,204

Charge for year

36,164

2,079

112,796

151,039

Eliminated on disposal

-

(68,349

)

(68,349

)

At 28 February 2026

83,293

12,392

204,209

299,894

NET BOOK VALUE

At 28 February 2026

217,607

11,782

639,179

868,568

At 28 February 2025

196,771

11,501

406,581

614,853

5.

STOCKS

28.2.26

28.2.25

£

Stocks

38,000

Work-in-progress

176,411

139,246

214,411

177,246

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

Trade debtors

220,456

157,682

Other debtors

41,082

41,459

261,538

199,141

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

Bank loans and overdrafts

5,000

-

Hire purchase contracts

183,610

202,834

Trade creditors

275,542

210,497

Taxation and social security

30,642

14,045

Other creditors

224,536

241,352

719,330

668,728

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

28.2.26

28.2.25

£

Bank loans

2,969

-

Hire purchase contracts

542,533

276,399

545,502

276,399