GKS Logistics Limited

	Page
Abridged Balance Sheet	1
Notes to the Abridged Financial Statements	2

Registered number: 10793467

		2026		2025
	Notes	£	£	£	£
CURRENT ASSETS
Debtors		25,714		25,714
Cash at bank and in hand		4,334		5,068

		30,048		30,782
NET CURRENT ASSETS (LIABILITIES)			30,048		30,782

TOTAL ASSETS LESS CURRENT LIABILITIES			30,048		30,782

NET ASSETS			30,048		30,782

CAPITAL AND RESERVES
Called up share capital	4		1		1
Profit and Loss Account			30,047		30,781

SHAREHOLDERS' FUNDS			30,048		30,782

For the year ending 31 May 2026 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 her 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.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 May 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Ms Petra Ballantyne

Director

28/08/2026

The notes on page 2 form part of these financial statements.

1. General Information

GKS Logistics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10793467 . The registered office is 27 Old Gloucester Street, London, WC1N 3AX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2025: NIL)

4. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

5. Off-Balance Sheet Arrangements

In June 2020, to the company was assigned receivables in the sum of EUR 1,461,869 and EUR 1,372,260. Payment of these amounts are dependent on further litigation.

In the January 2021, company has been partially successful in international commercial arbitration regarding above specified sums and damages against its in-direct subsidiary Morsevo Group (GKS Logistics held control over subsidiary in form of debt instruments, including lien on enterprise of the subsidiary) while majority of the damages sought has been rejected by arbitrator citing that third persons (state owned entities and authorities) were liable for lion share of damages which occured to the GKS Logistics. (though these liable parties have not been parties of the commercial arbitration).

In the February 2021 Memorandum of understanding regarding settlement, implementing moratory on debt enforcement until binding final judgement related lawsuit between Morsevo Group and Public Ports JSC (Slovakian fully state owned JSC) is not issued.

In the November 2021 GKS Logistics exited Morsevo Group, with privative novation (amendment) of debt instruments against former subsidiary, which are now specified as EUR 1,917,000. Maturity and payment of this pledged debt is dependent on ongoing lawsuit and administrative proceedings between TAM Group Komarno (frmr Morsevo Group) and state owned companies and public authorities in Slovakia, while sum of debt will be off-set against some costs which incurred or incurring to the TAM Group.

GKS Logistics is preparing for investment arbitration with regard to losses incurred by unlawful actions and indirect expropriaton of its assets in Slovakia, especially long-term lease of part of port in Komarno. Up to this date, in the national jurisdiction the Morsevo/TAM Group lawsuit against Public Ports JSC is pending. GKS Logistics will update balance sheet and books after any material change in situation, e.g. (i) cooling-off period of out-of-court settlement will lapse, (ii) damages are calculated by expert wittness, (iii) out-of-court settlement is reached, (iv) final judgement in Morsevo/TAM case against PublicPorts JSC is issued.

GKS Logistics will consult on effects of any above mentioned changes with regard to existence, enforceability, quantity and maturity of any and all claims in Slovakia, with its Coordinator of legal services in Slovakia, and legal counsels.

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