Company Registration No. 09425122 (England and Wales)
The Society of Couriers
Unaudited accounts
for the year ended 30 June 2023
The Society of Couriers
Unaudited accounts
Contents
The Society of Couriers
Company Information
for the year ended 30 June 2023
Directors
Carl Frank Lomas
David Lawrence Byron Stringer-LaMarre
William Charles Jenkins
Callum John MacPherson
Melanie-Gaye Mercedes Stancliffe
Paul David Sainthouse
Carolyn Foreman Dwyer
Secretary
Tracey Elizabeth Worth
Company Number
09425122 (England and Wales)
Registered Office
C/O ACCOUNTS AND LEGAL
81 KING STREET
MANCHESTER
GREATER MANCHESTER
M2 4AH
ENGLAND
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
The Society of Couriers
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
396
78,152
Creditors: amounts falling due within one year
(6,906)
(89,518)
Net current assets
7,155
4,916
Profit and loss account
10,601
4,916
Members' funds
10,601
4,916
For the year ending 30 June 2023 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2023 and were signed on its behalf by
Carl Frank Lomas
Director
Company Registration No. 09425122
The Society of Couriers
Notes to the Accounts
for the year ended 30 June 2023
The Society of Couriers is a private company, limited by guarantee, registered in England and Wales, registration number 09425122. The registered office is C/O ACCOUNTS AND LEGAL, 81 KING STREET, MANCHESTER, GREATER MANCHESTER, M2 4AH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 reduced as Education income was lower than the previous year following the expiry of an existing contract although it is expected to increase again in the next trading year.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Straight line over 3 years
In line with review pertaining to the privy council application, as outlined elsewhere, we have reviewed our policy with regard to debts beyond our standard payment terms. As a result of this all debts over a 12 month term have been written off and a full provisions made against all debts over a 6 month term
The Society of Couriers
Notes to the Accounts
for the year ended 30 June 2023
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
13,665
13,683
Accrued income and prepayments
-
1,500
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
3,645
36,087
Taxes and social security
3,261
1,920
Loans from directors
-
32,135
7
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).