REGISTERED NUMBER: 10304766 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Fortitude Global Logistics Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M B Freeston

A Targett

SECRETARY:

M B Freeston

REGISTERED OFFICE:

Fortitude House

The Tye

East Hanningfield

Chelmsford

Essex

CM3 8AA

REGISTERED NUMBER:

10304766 (England and Wales)

ACCOUNTANTS:

Sygma Chartered Accountants

1 Sopwith Crescent

Wickford

Essex

SS11 8YU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

24,762

48,795

24,762

48,795

CURRENT ASSETS

Debtors

6

1,676,704

1,822,996

Cash at bank

505,846

1,269,662

2,182,550

3,092,658

CREDITORS

Amounts falling due within one year

7

1,374,514

2,065,567

NET CURRENT ASSETS

808,036

1,027,091

TOTAL ASSETS LESS CURRENT LIABILITIES

832,798

1,075,886

CAPITAL AND RESERVES

Called up share capital

753

753

Other reserves

(19,000

)

(19,000

)

Retained earnings

851,045

1,094,133

832,798

1,075,886

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 8 September 2026 and were signed on its behalf by:

M B Freeston - Director

A Targett - Director

1.	STATUTORY INFORMATION

Fortitude Global Logistics Ltd 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

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 etc

-

33% on cost

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 14 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

and 31 December 2025

3,000

AMORTISATION

At 1 January 2025

and 31 December 2025

3,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

82,278

DEPRECIATION

At 1 January 2025

33,483

Charge for year

24,033

At 31 December 2025

57,516

NET BOOK VALUE

At 31 December 2025

24,762

At 31 December 2024

48,795

6.

DEBTORS

31.12.25

31.12.24

£

£

Amounts falling due within one year:

Trade debtors

945,476

1,359,839

Other debtors

327,273

463,157

1,272,749

1,822,996

Amounts falling due after more than one year:

Amounts owed by group undertakings

403,955

-

Aggregate amounts

1,676,704

1,822,996

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

820,617

1,092,197

Taxation and social security

90,545

341,058

Other creditors

463,352

632,312

1,374,514

2,065,567

8.	RELATED PARTY DISCLOSURES

An amount of £403,955 was loaned to the parent company 'Fortitude Global Logistics Holdings Ltd' during the year. This amount is included in other debtors at the year end.

Interest calculated at £31,306 would otherwise have arisen on the balance during the year. However, no interest has been accrued or recognised in the financial statements, as the Group has determined that no interest is payable on the balance. This treatment is consistent with the Group's accounting policies and reflects the substance of the arrangement between the group companies.

Had interest been recognised, the corresponding taxable income and tax deduction would have had no material net tax effect on the Group.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Fortitude Global Logistics HoldingsLtd.