REGISTERED NUMBER: 08924309

Unaudited Financial Statements for the Year Ended 31 March 2026

for

1st Class Logistics Uk Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R Upton

Mr G Filmer

Mrs T M Jemmett

Mr C J Bachelor

REGISTERED OFFICE:

Worting House

Church Lane

Worting

Basingstoke

RG23 8PX

REGISTERED NUMBER:

08924309

ACCOUNTANTS:

Glents Services Limited

Brightfield Business Hub

Bakewell Road

Peterborough

Cambridgeshire

PE2 6XU

FIXED ASSETS

Intangible assets

4

46,500

58,900

Tangible assets

5

760,967

511,838

807,467

570,738

CURRENT ASSETS

Debtors

6

4,520,925

4,428,550

Cash at bank

519,646

516,024

5,040,571

4,944,574

CREDITORS

Amounts falling due within one year

7

1,156,697

1,080,937

NET CURRENT ASSETS

3,883,874

3,863,637

TOTAL ASSETS LESS CURRENT LIABILITIES

4,691,341

4,434,375

CREDITORS

Amounts falling due after more than one year

8

(1,138,436

)

(1,329,740

)

PROVISIONS FOR LIABILITIES

9

(190,242

)

(127,673

)

NET ASSETS

3,362,663

2,976,962

CAPITAL AND RESERVES

Called up share capital

10

114

114

Share premium

11,989

11,989

Retained earnings

3,350,560

2,964,859

SHAREHOLDERS' FUNDS

3,362,663

2,976,962

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2026 and were signed on its behalf by:

Mr R Upton - Director

1.	STATUTORY INFORMATION

1st Class Logistics Uk Ltd is a private company, limited by shares , registered in Not specified/Other. 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 (£).

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.

These financial statements have been prepared for 1st Class Logistics UK Limited as a single entity.

Turnover

Turnover is measured at the fair value of services rendered, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised on the provision of services where the value of the services provided can be reliably measured.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2025, is being amortised evenly over its estimated useful life of five years.

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.

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

-

25% on cost and 25% on reducing balance

Fixtures and fittings

-

20% on cost

Motor vehicles

-

at varying rates on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 39 (2025 - 35 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

162,000

AMORTISATION

At 1 April 2025

103,100

Charge for year

12,400

At 31 March 2026

115,500

NET BOOK VALUE

At 31 March 2026

46,500

At 31 March 2025

58,900

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

9,017

16,226

1,191,244

2,484

1,218,971

Additions

-

-

645,067

-

645,067

Disposals

(7,907

)

-

(247,011

)

-

(254,918

)

At 31 March 2026

1,110

16,226

1,589,300

2,484

1,609,120

DEPRECIATION

At 1 April 2025

8,921

14,810

680,918

2,484

707,133

Charge for year

24

1,416

376,668

-

378,108

Eliminated on disposal

(7,907

)

-

(229,181

)

-

(237,088

)

At 31 March 2026

1,038

16,226

828,405

2,484

848,153

NET BOOK VALUE

At 31 March 2026

72

-

760,895

-

760,967

At 31 March 2025

96

1,416

510,326

-

511,838

Included within the above net book value are £760,895 (2025: £510,326) of assets held on hire purchase.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

879,433

751,650

Other debtors

272,148

371,550

1st Class Logistics UK Holdings Limited

3,269,350

3,269,350

Directors' current accounts

63,994

-

Prepayments

36,000

36,000

4,520,925

4,428,550

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

350,000

350,000

Hire purchase contracts

374,776

289,045

Trade creditors

88,565

118,351

Tax

185,814

173,420

Social security and other taxes

18,249

19,439

VAT

118,624

74,283

Other creditors

19,669

55,033

Directors' current accounts

-

366

Accrued expenses

1,000

1,000

1,156,697

1,080,937

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans more than 1 year

729,167

1,079,167

Hire purchase contracts

409,269

250,573

1,138,436

1,329,740

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

190,242

127,673

Deferred

tax

£

Balance at 1 April 2025

127,673

Accelerated capital allowances

62,569

Balance at 31 March 2026

190,242

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

10,000

Ordinary

£0.01

100

100

1,429

Ordinary A

£0.01

14

14

114

114

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr R Upton.