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REGISTERED NUMBER: 01658317















Delivered UK Ltd

Strategic Report, Directors' Report and

Audited Financial Statements

for the Year Ended 31 May 2023






Delivered UK Ltd (Registered number: 01658317)

Contents of the Financial Statements
for the year ended 31 May 2023










Page

Company Information 1

Strategic Report 2

Directors' Report 3

Independent Auditors' Report 5

Statement of Comprehensive Income 8

Balance Sheet 9

Statement of Changes in Equity 10

Notes to the Financial Statements 11


Delivered UK Ltd

Company Information
for the year ended 31 May 2023







Directors: A R Barber
J Barber
J T Barker
M S Cavendish
N J Dickinson
L J Parsons
G Roberts





Registered office: 375 Stirling Road
Cressex Business Park
High Wycombe
Buckinghamshire
HP12 3ST





Registered number: 01658317





Auditors: Cooper Parry Group Limited
Statutory Auditor
178 Buckingham Avenue
Slough
Berkshire
SL1 4RD

Delivered UK Ltd (Registered number: 01658317)

Strategic Report
for the year ended 31 May 2023


The directors present their strategic report for the year ended 31 May 2023.

Principal activities
The principal activities of the company are providing courier and parcel delivery services, warehousing and fulfilment.

Fair review of the business
The directors report that the company has continued to trade in an increasingly competitive environment.

The figures reported relate to the two depots which the company operates from in High Wycombe and Slough, The company continues to work closely with APC, the delivery network provider, in both of the company's depots.

Cost control and efficiency improvements have seen an increase of 1% in Gross Margin.

The company's key financial and other performance indicators during the year were as follows:

Unit 2023 2022
Turnover £ 7,522,766 8,047,504
Gross Profit £ 1,701,905 1,775,780
Gross Profit Margin % 23 22


Principal risks and uncertainties
The directors have reviewed the industry in which the company operates and consider that there are no significant risks and uncertainties that need disclosing within this report. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

The recent rise in inflation and a recessionary economic outlook leaves us operating in a challenging business environment. Our continued focus on costs and operating efficiency along with a resilient and diverse customer base ensures we are well positioned to maintain profitability.

On behalf of the board:





L J Parsons - Director


25 January 2024

Delivered UK Ltd (Registered number: 01658317)

Directors' Report
for the year ended 31 May 2023


The directors present their report with the financial statements of the company for the year ended 31 May 2023.

Principal activity
The principal activity of the company in the year under review was that of courier and express delivery services.

Dividends
An interim dividend of £30 per share was paid on 5 April 2023. The directors recommend that no final dividend be paid.

The total distribution of dividends for the year ended 31 May 2023 will be £ 3,000 .

Directors
The directors shown below have held office during the whole of the period from 1 June 2022 to the date of this report.

A R Barber
J Barber
J T Barker
M S Cavendish
N J Dickinson
L J Parsons
G Roberts

Statement of directors' responsibilities
The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Statement as to disclosure of information to auditors
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Delivered UK Ltd (Registered number: 01658317)

Directors' Report
for the year ended 31 May 2023


Auditors
Reappointment of auditors
The audit business of Haines Watts Farnborough LLP was acquired by Cooper Parry Limited on 14 November 2023. Haines Watts Farnborough LLP has resigned as auditor and Cooper Parry Group Limited has been appointed in its place.

The auditors, Cooper Parry Group Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

On behalf of the board:





L J Parsons - Director


25 January 2024

Independent Auditors' Report to the Members of
Delivered UK Ltd


Opinion
We have audited the financial statements of Delivered UK Ltd (the 'company') for the year ended 31 May 2023 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 31 May 2023 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Directors' Report, but does not include the financial statements and our Auditors' Report thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.

Independent Auditors' Report to the Members of
Delivered UK Ltd


Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We gained an understanding of the legal and regulatory framework applicable to the company and the industry in which it operates, and considered the risk of acts by the company that were contrary to applicable laws and regulations, including fraud. We discussed with the Directors the policies and procedures in place regarding compliance with laws and regulations. We discussed amongst the audit team the identified laws and regulations, and remained alert to any indications of non-compliance.

During the audit we focussed on laws and regulations which could reasonably be expected to give rise to a material misstatement in the financial statements, including, but not limited to, the Companies Act 2006 and UK tax legislation. Our tests included agreeing the financial statement disclosures to underlying supporting documentation and enquiries with management.

Our procedures in relation to fraud included but were not limited to: inquires of management whether they have any knowledge of any actual, suspected or alleged fraud, and discussions amongst the audit team regarding risk of fraud such as opportunities for fraudulent manipulation of financial statements. We determined that the principal risks related to posting manual journal entries to manipulate financial performance and management bias through judgements in accounting estimates. We also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by the directors that represented a risk of material misstatement due to fraud.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Independent Auditors' Report to the Members of
Delivered UK Ltd


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Tara Mellett (Senior Statutory Auditor)
for and on behalf of Cooper Parry Group Limited
Statutory Auditor
178 Buckingham Avenue
Slough
Berkshire
SL1 4RD

25 January 2024

Delivered UK Ltd (Registered number: 01658317)

Statement of Comprehensive
Income
for the year ended 31 May 2023

2023 2022
Notes £ £

Turnover 3 7,522,766 8,047,504

Cost of sales (5,820,861 ) (6,271,724 )
Gross profit 1,701,905 1,775,780

Administrative expenses (2,335,813 ) (2,181,238 )
(633,908 ) (405,458 )

Other operating income 743,688 501,157
Operating profit 109,780 95,699


Interest payable and similar expenses 6 (24,454 ) (17,652 )
Profit before taxation 7 85,326 78,047

Tax on profit 8 (17,506 ) 8,996
Profit for the financial year 67,820 87,043

Other comprehensive income - -
Total comprehensive income for the year 67,820 87,043

Delivered UK Ltd (Registered number: 01658317)

Balance Sheet
31 May 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 10 259,691 115,018

Current assets
Debtors 11 1,964,926 2,179,663
Cash in hand 30,985 9,957
1,995,911 2,189,620
Creditors
Amounts falling due within one year 12 1,506,866 1,654,961
Net current assets 489,045 534,659
Total assets less current liabilities 748,736 649,677

Creditors
Amounts falling due after more than one
year

13

(100,000

)

(150,761

)

Provisions for liabilities 17 (274,700 ) (189,700 )
Net assets 374,036 309,216

Capital and reserves
Called up share capital 18 100 100
Retained earnings 19 373,936 309,116
Shareholders' funds 374,036 309,216

The financial statements were approved by the Board of Directors and authorised for issue on 25 January 2024 and were signed on its behalf by:





L J Parsons - Director


Delivered UK Ltd (Registered number: 01658317)

Statement of Changes in Equity
for the year ended 31 May 2023

Called up
share Retained Total
capital earnings equity
£ £ £
Balance at 1 June 2021 100 222,073 222,173

Changes in equity
Total comprehensive income - 87,043 87,043
Balance at 31 May 2022 100 309,116 309,216

Changes in equity
Dividends - (3,000 ) (3,000 )
Total comprehensive income - 67,820 67,820
Balance at 31 May 2023 100 373,936 374,036

Delivered UK Ltd (Registered number: 01658317)

Notes to the Financial Statements
for the year ended 31 May 2023


1. Statutory information

Delivered UK Ltd is a private company, limited by shares, registered in England and Wales, The company's registered number is 01658317 and the registered address is 375 Stirling Road, Cressex Business Park, High Wycombe, Buckinghamshire, HP12 3ST.

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company and rounded to the nearest pound.

Going concern
After reviewing the company's performance, the directors are satisfied that the company is able to meet its obligations and continue in operational existence for the twelve months from the date of approval of financial statements. For this reason, the directors have adopted the going concern basis in preparing these financial statements.

Financial Reporting Standard 102 - reduced disclosure exemptions
The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

the requirements of Section 7 Statement of Cash Flows;
the requirement of paragraph 33.7.

Significant judgements and estimates
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

The annual depreciation charge for tangible fixed assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates and the physical condition of the assets.

There is estimation uncertainty in calculating bad debt provisions. A full line by line review of trade debtors is carried out at the end of each month. Whilst every attempt is made to ensure that the bad debt provisions are as accurate as possible, there remains a risk that the provision do not match the level of debts which ultimately prove to be uncollectable.

There is also estimation uncertainty in calculating deferred tax liability due to temporary timing differences. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Turnover
Turnover represents amounts receivable for services provided in the year and is stated net of VAT. Turnover is recognised once the service has been provided.

Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Short-term leasehold- Over the lease term
Motor vehicles - 20-25% straight line
Office equipment- 10-50% straight line


Delivered UK Ltd (Registered number: 01658317)

Notes to the Financial Statements - continued
for the year ended 31 May 2023


2. Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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.

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.

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Dilapidation costs of leased premises
The provision for dilapidations represents the current estimated costs of repairs to leased properties required prior to properties being returned at the end of the leases.

3. Turnover

The turnover and profit before taxation are attributable to the one principal activity of the company.

All income arose within the UK.

Sales and cost of sales between Delivered UK Ltd and Delivered (Reading) Ltd have been removed for both 2022 and 2023. For these transactions, Delivered UK Ltd was acting as a nominee not as an agent.

Delivered UK Ltd (Registered number: 01658317)

Notes to the Financial Statements - continued
for the year ended 31 May 2023


4. Employees and directors
2023 2022
£ £
Wages and salaries 1,570,732 1,636,742
Social security costs 257,266 157,395
Other pension costs 48,939 31,523
1,876,937 1,825,660

The average number of employees during the year was as follows:
2023 2022

Management 7 7
Administration 5 5
Sales 5 5
Operational - Direct 15 19
Operational- Indirect 19 22
51 58

5. Directors' emoluments
2023 2022
£ £
Directors' remuneration 668,868 649,628
Directors' pension contributions to money purchase schemes 18,197 9,448

Information regarding the highest paid director is as follows:
2023 2022
£ £
Emoluments etc 177,481 174,840
Pension contributions to money purchase schemes - 1,211

During the year retirement benefits were accruing to six directors (2022 - seven) in respect of defined contribution pension schemes.

No one other than directors are deemed to be key management personnel.

6. Interest payable and similar expenses
2023 2022
£ £
Bank interest 16,637 13,232
Interest payable 7,817 4,420
24,454 17,652

7. Profit before taxation

The profit is stated after charging:

2023 2022
£ £
Depreciation - owned assets 70,269 30,884
Auditors' remuneration 7,780 11,482

Delivered UK Ltd (Registered number: 01658317)

Notes to the Financial Statements - continued
for the year ended 31 May 2023


8. Taxation

Analysis of the tax charge/(credit)
The tax charge/(credit) on the profit for the year was as follows:
2023 2022
£ £
Current tax:
UK corporation tax - 24,692

Deferred tax 17,506 (33,688 )
Tax on profit 17,506 (8,996 )

9. Dividends

20232022
£   £   
Interim3,000-

10. Tangible fixed assets
Short Motor Office
leasehold vehicles equipment Totals
£ £ £ £
Cost
At 1 June 2022 22,451 64,935 125,012 212,398
Additions - 203,782 11,160 214,942
At 31 May 2023 22,451 268,717 136,172 427,340
Depreciation
At 1 June 2022 15,341 28,871 53,168 97,380
Charge for year - 50,021 20,248 70,269
At 31 May 2023 15,341 78,892 73,416 167,649
Net book value
At 31 May 2023 7,110 189,825 62,756 259,691
At 31 May 2022 7,110 36,064 71,844 115,018

Fixed assets, included in the above, which are held under hire purchase contracts carry a net book value of £26,206.

11. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 1,369,725 1,387,979
Amounts owed by group undertakings 356,684 541,031
Other debtors 3,456 3,304
Deferred tax asset 14,986 32,492
Prepayments and accrued income 220,075 214,857
1,964,926 2,179,663

Delivered UK Ltd (Registered number: 01658317)

Notes to the Financial Statements - continued
for the year ended 31 May 2023


12. Creditors: amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts (see note 14) 50,000 50,000
Finance leases (see note 15) - 36,984
Trade creditors 702,920 773,683
Amounts owed to group undertakings 138,399 -
Tax - 24,692
Social security and other taxes 65,254 75,640
VAT 196,763 221,271
Other creditors 191,908 274,909
Accruals and deferred income 161,622 197,782
1,506,866 1,654,961

13. Creditors: amounts falling due after more than one year
2023 2022
£ £
Bank loans (see note 14) 100,000 150,000
Finance leases (see note 15) - 761
100,000 150,761

14. Loans

An analysis of the maturity of loans is given below:

2023 2022
£ £
Amounts falling due within one year or on demand:
Bank loans 50,000 50,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 100,000 150,000

15. Leasing agreements

Minimum lease payments fall due as follows:

Finance leases
2023 2022
£ £
Net obligations repayable:
Within one year - 36,984
Between one and five years - 761
- 37,745

Vans previously leased were purchased during the year using asset financing and thus leases were ended.

Delivered UK Ltd (Registered number: 01658317)

Notes to the Financial Statements - continued
for the year ended 31 May 2023


15. Leasing agreements - continued

Non-cancellable
operating leases
2023 2022
£ £
Within one year 530,251 549,559
Between one and five years 921,658 1,286,066
In more than five years 260,000 500,000
1,711,909 2,335,625

16. Secured debts

The following secured debts are included within creditors:

2023 2022
£ £
Bank loans 150,000 200,000

17. Provisions for liabilities
2023 2022
£ £
Other provisions
Dilapidations provision 274,700 189,700

18. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
100 Ordinary £1 100 100

19. Reserves
Retained
earnings
£

At 1 June 2022 309,116
Profit for the year 67,820
Dividends (3,000 )
At 31 May 2023 373,936

20. Pension commitments

The company operates a defined contribution pension scheme for the benefit of directors and senior employees. The assets of the scheme are administered by trustees in funds which are independent from those of the company.

The total contribution paid in the year amounted to £30,742 (2022: £31,523). Contributions of £11,811 (2022: £13,270) were payable to the scheme at the year end and are included in creditors.

Delivered UK Ltd (Registered number: 01658317)

Notes to the Financial Statements - continued
for the year ended 31 May 2023


21. Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

22. Ultimate controlling party

The company's immediate parent undertaking is Scarlet Group Limited, incorporated in England and Wales. The most senior parent entity producing publicly available financial statements is Scarlet Group Limited.

These financial statements are available upon request from 375 Stirling Road, Cressex Business Park, High Wycombe, Buckinghamshire, HP12 3ST.

The ultimate controlling party is Mr J J Barber, who owns the majority of the majority of the issued share capital in Scarlet Group Limited.