INLINE LOGISTICS LIMITED


Directors	Mr Graham Harold Smith
	Miss Kelly Smith
	Miss Kim Tracey Smith


Company Secretary	Miss Kim Tracey Smith


Registered Address	C/O Thomas Emlyn Ltd 7 Bellefield House
	104 New London Road
	Chelmsford
	CM2 0RG


Registered Number	02670632 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		86,599		89,370
Investment property	4		1,501,294		1,428,602
			1,587,893		1,517,972
Current assets
Debtors	5	484,577		575,019
Cash at bank and on hand		111,410		879,057
		595,987		1,454,076
Creditors amounts falling due within one year	6	(88,599)		(659,446)
Net current assets (liabilities)			507,388		794,630
Total assets less current liabilities			2,095,281		2,312,602
Creditors amounts falling due after one year	7		(19,805)		(18,729)
Provisions for liabilities	8		(46,650)		(47,342)
Net assets			2,028,826		2,246,531
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			2,027,826		2,245,531
Shareholders' funds			2,028,826		2,246,531

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 17 August 2026, and are signed on its behalf by:

Mr Graham Harold Smith
Director
Registered Company No. 02670632

INLINE LOGISTICS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	6		6

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 25	33,643	49,526	12,081	8,059	103,309
Additions	-	25,056	-	115	25,171
At 31 March 26	33,643	74,582	12,081	8,174	128,480
Depreciation and impairment
At 01 April 25	7,445	229	2,744	3,521	13,939
Charge for year	6,549	17,544	1,812	2,037	27,942
At 31 March 26	13,994	17,773	4,556	5,558	41,881
Net book value
At 31 March 26	19,649	56,809	7,525	2,616	86,599
At 31 March 25	26,198	49,297	9,337	4,538	89,370

4.	Investment property


		£
	Fair value at 01 April 25	1,428,602
	Additions	72,692
	At 31 March 26	1,501,294

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	243,447	314,434
Other debtors	238,025	251,391
Prepayments and accrued income	3,105	9,194
Total	484,577	575,019

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	47,050	286,689
Bank borrowings and overdrafts	17,717	9,365
Taxation and social security	23,832	176,443
Accrued liabilities and deferred income	-	186,949
Total	88,599	659,446

7.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	19,805	18,729
Total	19,805	18,729

8.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	46,650	47,342
Total	46,650	47,342

9.	Further information regarding the company's financial position
	The directors are aware that macroeconomic and geopolitical factors, including the conflicts in Ukraine and Iran and the introduction of tariffs by the United States, created uncertainty in client decision-making during the year, resulting in the deferral or cancellation of a number of projects. Despite this, the directors remain confident in the company's underlying position and its ability to respond to market conditions as they evolve.

Further information regarding the company's financial position

The directors are aware that macroeconomic and geopolitical factors, including the conflicts in Ukraine and Iran and the introduction of tariffs by the United States, created uncertainty in client decision-making during the year, resulting in the deferral or cancellation of a number of projects. Despite this, the directors remain confident in the company's underlying position and its ability to respond to market conditions as they evolve.