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REGISTERED NUMBER: 07563898 (England and Wales)


















Financial Statements

for the Year Ended 31 March 2024

for

Bespoke Courier Express Limited

Bespoke Courier Express Limited (Registered number: 07563898)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Bespoke Courier Express Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: M Wheatley
Mrs L A Wheatley





SECRETARY: Mrs L A Wheatley





REGISTERED OFFICE: Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ





BUSINESS ADDRESS: 353 Long Road
Canvey Island
Essex
SS8 0JQ





REGISTERED NUMBER: 07563898 (England and Wales)





ACCOUNTANTS: Mudd Partners LLP
Chartered Accountants
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ

Bespoke Courier Express Limited (Registered number: 07563898)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 81,665 41,502

CURRENT ASSETS
Debtors 5 305,155 326,539
Cash at bank 41,618 48,383
346,773 374,922
CREDITORS
Amounts falling due within one year 6 230,385 214,039
NET CURRENT ASSETS 116,388 160,883
TOTAL ASSETS LESS CURRENT
LIABILITIES

198,053

202,385

CREDITORS
Amounts falling due after more than one year 7 (53,431 ) (68,973 )

PROVISIONS FOR LIABILITIES (20,416 ) (10,375 )
NET ASSETS 124,206 123,037

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 124,106 122,937
SHAREHOLDERS' FUNDS 124,206 123,037

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Bespoke Courier Express Limited (Registered number: 07563898)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 30 September 2024 and were signed on its behalf by:





M Wheatley - Director


Bespoke Courier Express Limited (Registered number: 07563898)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Bespoke Courier Express 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.

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 represents net invoiced supply of services excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

Bespoke Courier Express Limited (Registered number: 07563898)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 70,480
Additions 67,385
At 31 March 2024 137,865
DEPRECIATION
At 1 April 2023 28,978
Charge for year 27,222
At 31 March 2024 56,200
NET BOOK VALUE
At 31 March 2024 81,665
At 31 March 2023 41,502

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 57,154
DEPRECIATION
At 1 April 2023 19,149
Charge for year 9,501
At 31 March 2024 28,650
NET BOOK VALUE
At 31 March 2024 28,504
At 31 March 2023 38,005

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 301,911 320,525
Other debtors 3,244 6,014
305,155 326,539

Bespoke Courier Express Limited (Registered number: 07563898)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 5,556 4,630
Hire purchase contracts 9,061 8,823
Trade creditors 50,143 29,180
Taxation and social security 133,348 139,500
Other creditors 32,277 31,906
230,385 214,039

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 28,704 35,185
Hire purchase contracts 24,727 33,788
53,431 68,973

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 6,482 12,963

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Hire purchase contracts 33,788 42,611

The money received from factor is secured against the assets of the company. Assets acquired under hire purchase contracts are secured against the asset concerned.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

10. OTHER FINANCIAL COMMITMENTS

At 31 March 2024, the company had operating lease commitments over the remaining life of those leases of £6,922 (2023 £38,851).

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Bespoke Courier Express Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bespoke Courier Express Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Bespoke Courier Express Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bespoke Courier Express Limited and state those matters that we have agreed to state to the Board of Directors of Bespoke Courier Express Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bespoke Courier Express Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bespoke Courier Express Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bespoke Courier Express Limited. You consider that Bespoke Courier Express Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bespoke Courier Express Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Mudd Partners LLP
Chartered Accountants
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ


30 September 2024