GMT LOGISTICS LTD


Directors	LIDDAWI, Faris
	SELIMI, Erjon
	SHORTTE, Adrian


Registered Address	Unit 1-4 Field Barn Farm
	Beenham
	Reading
	RG7 5LT


Registered Number	16190721 (England and Wales)

Statement of Financial Position
31 January 2026

	Notes	2026
		£	£
Fixed assets
Tangible assets	3		76,670
			76,670
Current assets
Debtors		5,100
Cash at bank and on hand		16,048
		21,148
Creditors amounts falling due within one year		(102,486)
Net current assets (liabilities)			(81,338)
Total assets less current liabilities			(4,668)
Net assets			(4,668)
Capital and reserves
Called up share capital			100
Profit and loss account			(4,768)
Shareholders' funds			(4,668)

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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 15 October 2026, and are signed on its behalf by:

SHORTTE, Adrian
Director
Registered Company No. 16190721

GMT LOGISTICS LTD

Notes to the Financial Statements
for the period ended 31 January 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.

	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.

	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:


		Reducing balance (%)
	Vehicles	20

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.	Average number of employees


		2026
	Average number of employees during the year	0

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	Additions	86,250
	At 31 January 26	86,250
	Depreciation and impairment
	Charge for year	9,580
	At 31 January 26	9,580
	Net book value
	At 31 January 26	76,670
	At 16 January 25	-

4.	Related party transactions
	During the year the company entered into the following transactions with related parties: 1. FE Stone (GBR) Ltd, the company's parent undertaking, advanced funds to the company. The balance outstanding at 31 January 2026 was £59,940. 2. Liddawi Properties Ltd, a shareholder company connected to director F Liddawi, advanced funds to the company. The balance outstanding at 31 January 2026 was £19,980. 3. Adrian Shortte, a director and shareholder, advanced funds to the company. The balance outstanding at 31 January 2026 was £19,980. The balances were unsecured, interest-free and repayable on demand.

Related party transactions

During the year the company entered into the following transactions with related parties:

1. FE Stone (GBR) Ltd, the company's parent undertaking, advanced funds to the company. The balance outstanding at 31 January 2026 was £59,940.
2. Liddawi Properties Ltd, a shareholder company connected to director F Liddawi, advanced funds to the company. The balance outstanding at 31 January 2026 was £19,980.
3. Adrian Shortte, a director and shareholder, advanced funds to the company. The balance outstanding at 31 January 2026 was £19,980.

The balances were unsecured, interest-free and repayable on demand.

5.	Controlling party
	The company is controlled by FE Stone (GBR) Ltd, which owns 60% of the company's issued share capital. FE Stone (GBR) Ltd is owned equally by FWL Holdings Ltd and RESE Holdings Ltd. Accordingly, the directors consider that there is no single ultimate controlling party.