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REGISTERED NUMBER: 01172272 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

EXPRESS EXPORT SERVICES LIMITED

EXPRESS EXPORT SERVICES LIMITED (REGISTERED NUMBER: 01172272)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EXPRESS EXPORT SERVICES LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTOR: M Craig





SECRETARY: J O'Hara





REGISTERED OFFICE: Unit A6
Chaucer Business Park
Dittons Road
Polegate
East Sussex
BN26 6QH





REGISTERED NUMBER: 01172272 (England and Wales)





ACCOUNTANTS: MDJ Services Limited
Unit A6
Chaucer Business Park
Dittons Road
Polegate
East Sussex
BN26 6QH

EXPRESS EXPORT SERVICES LIMITED (REGISTERED NUMBER: 01172272)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 653 1,223

CURRENT ASSETS
Stocks 70,790 70,790
Debtors 5 152,164 136,962
Cash at bank 68,397 223,725
291,351 431,477
CREDITORS
Amounts falling due within one year 6 134,230 266,138
NET CURRENT ASSETS 157,121 165,339
TOTAL ASSETS LESS CURRENT
LIABILITIES

157,774

166,562

PROVISIONS FOR LIABILITIES 124 232
NET ASSETS 157,650 166,330

CAPITAL AND RESERVES
Called up share capital 7 103 100
Retained earnings 157,547 166,230
SHAREHOLDERS' FUNDS 157,650 166,330

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

EXPRESS EXPORT SERVICES LIMITED (REGISTERED NUMBER: 01172272)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2024 and were signed by:





M Craig - Director


EXPRESS EXPORT SERVICES LIMITED (REGISTERED NUMBER: 01172272)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Express Export Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - in accordance with the property
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

EXPRESS EXPORT SERVICES LIMITED (REGISTERED NUMBER: 01172272)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 January 2023 32,000 40,712 19,599 92,311
Additions - - 425 425
At 31 December 2023 32,000 40,712 20,024 92,736
DEPRECIATION
At 1 January 2023 32,000 40,308 18,780 91,088
Charge for year - 60 935 995
At 31 December 2023 32,000 40,368 19,715 92,083
NET BOOK VALUE
At 31 December 2023 - 344 309 653
At 31 December 2022 - 404 819 1,223

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 147,407 128,199
VAT 4,757 8,763
152,164 136,962

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 93,877 200,744
Tax 10,232 7,135
Social security and other taxes 434 166
Directors' current accounts 28,585 56,993
Accrued expenses 1,102 1,100
134,230 266,138

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100
1 Ordinary A £1 1 -
1 Ordinary B £1 1 -
102 100

EXPRESS EXPORT SERVICES LIMITED (REGISTERED NUMBER: 01172272)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director has provided personal guarantees as additional security for bank borrowing.