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Registered number: 13368530
True Blue Logistics Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13368530
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,254 1,415
2,254 1,415
CURRENT ASSETS
Debtors 5 732,219 550,558
Cash at bank and in hand 182,870 554,637
915,089 1,105,195
Creditors: Amounts Falling Due Within One Year 6 (384,726 ) (316,941 )
NET CURRENT ASSETS (LIABILITIES) 530,363 788,254
TOTAL ASSETS LESS CURRENT LIABILITIES 532,617 789,669
PROVISIONS FOR LIABILITIES
Deferred Taxation (477 ) (354 )
NET ASSETS 532,140 789,315
CAPITAL AND RESERVES
Called up share capital 7 80 80
Capital redemption reserve 20 20
Profit and Loss Account 532,040 789,215
SHAREHOLDERS' FUNDS 532,140 789,315
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For the year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
On behalf of the board
Mr Hussein Ahmed
Director
24th August 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
True Blue Logistics Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13368530 . The registered office is Unit 4, Suite 13c Orwell House, Ferry Lane, Felixstowe, Suffolk, IP11 3QL.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% on reducing balance
Computer Equipment 33% on cost
2.4. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2025: 5)
4 5
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 July 2025 556 6,303 6,859
Additions - 2,583 2,583
As at 30 June 2026 556 8,886 9,442
Depreciation
As at 1 July 2025 269 5,175 5,444
Provided during the period 72 1,672 1,744
As at 30 June 2026 341 6,847 7,188
Net Book Value
As at 30 June 2026 215 2,039 2,254
As at 1 July 2025 287 1,128 1,415
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5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 695,960 496,988
Amounts owed by participating interests 440 440
Other debtors 35,819 53,130
732,219 550,558
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 348,694 214,420
Amounts owed to participating interests 539 -
Other creditors 3,977 3,070
Taxation and social security 31,516 99,451
384,726 316,941
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 80 80
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2026 2025
£ £
Not later than one year - 8,580
- 8,580
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9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 July 2025 Amounts advanced Amounts repaid Amounts written off As at 30 June 2026
£ £ £ £ £
Mr Timothy Curtis 25,508 198 (25,000 ) - 706
No s455 tax has been recognised in repect of this balance as it will be repaid within nine months of the financial year-end.
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