Smooth Vehicle Logistics Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15015789

Smooth Vehicle Logistics Limited

Filleted Financial Statements

30 April 2026

Smooth Vehicle Logistics Limited

Financial Statements

Year ended 30 April 2026

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Smooth Vehicle Logistics Limited

Statement of Financial Position

30 April 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Intangible assets	5	170	–
Tangible assets	6	988,660	678,626
		---------	---------
		988,830	678,626

Current assets

Debtors	7	111,856	142,826
Cash at bank and in hand		139,423	50,966
		---------	---------
		251,279	193,792

Creditors: amounts falling due within one year	8	530,029		388,538
		---------		---------
Net current liabilities			278,750		194,746
			---------		---------
Total assets less current liabilities			710,080		483,880

Creditors: amounts falling due after more than one year	9		372,611		296,674

Provisions	81,557	43,055
	---------	---------
Net assets	255,912	144,151
	---------	---------

Capital and reserves

Called up share capital	10	100	100
Profit and loss account		255,812	144,051
		---------	---------
Shareholders funds		255,912	144,151
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

Smooth Vehicle Logistics Limited

Statement of Financial Position (continued)

30 April 2026

These financial statements were approved by the board of directors and authorised for issue on 3 September 2026 , and are signed on behalf of the board by:

Mr J Davey	Mr D J Booth
Director	Director

Company registration number: 15015789

Smooth Vehicle Logistics Limited

Notes to the Financial Statements

Year ended 30 April 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Eastways, Eastways Industrial Estate, Witham, Essex, CM8 3YQ, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Finance charges relating to hire purchase agreements are included in the initial cost of the related fixed asset and capitalised in full on commencement of the agreement. The corresponding hire purchase liability is recognised at the full amount payable under the agreement.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	14% reducing balance
Motor vehicles	-	10% reducing balance
Equipment	-	33% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

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. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 14 (2025: 10 ).

5. Intangible assets

	Patents, trademarks and licences
	£
Cost
Additions	170
	----
At 30 April 2026	170
	----
Amortisation
At 1 May 2025 and 30 April 2026	–
	----
Carrying amount
At 30 April 2026	170
	----
At 30 April 2025	–
	----

6. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 May 2025	150,966	612,414	5,459	768,839
Additions	31,462	511,255	1,790	544,507
Disposals	( 31,405)	( 108,175)	–	( 139,580)
	---------	------------	-------	------------
At 30 April 2026	151,023	1,015,494	7,249	1,173,766
	---------	------------	-------	------------
Depreciation
At 1 May 2025	8,036	80,169	2,008	90,213
Charge for the year	18,800	90,370	1,481	110,651
Disposals	( 1,922)	( 13,836)	–	( 15,758)
	---------	------------	-------	------------
At 30 April 2026	24,914	156,703	3,489	185,106
	---------	------------	-------	------------
Carrying amount
At 30 April 2026	126,109	858,791	3,760	988,660
	---------	------------	-------	------------
At 30 April 2025	142,930	532,245	3,451	678,626
	---------	------------	-------	------------

7. Debtors

	2026	2025
	£	£
Trade debtors	72,710	116,346
Other debtors	39,146	26,480
	---------	---------
	111,856	142,826
	---------	---------

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	60,876	85,102
Amounts owed to group undertakings	43,856	100,762
Accruals and deferred income	15,612	20,199
Social security and other taxes	68,611	18,518
Obligations under finance leases and hire purchase contracts	287,990	138,514
Other creditors	53,084	25,443
	---------	---------
	530,029	388,538
	---------	---------

9. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Obligations under finance leases and hire purchase contracts	372,611	296,674
	---------	---------

10. Called up share capital

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

11. Summary audit opinion

The auditor's report dated 3 September 2026 was unqualified .

The senior statutory auditor was S P Martin , for and on behalf of Edmund Carr LLP .

12. Related party transactions

The company has taken advantage of the exemption granted under FRS 102 section 33.1A not to disclose transactions with wholly owned group companies.

13. Controlling party

The ultimate parent undertaking is JALS Holdings Limited. It has included the company in its group accounts. The registered office address of the parent undertaking is Eastways, Eastways Industrial Estate, Witham, CM8 3YQ.