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REGISTERED NUMBER: 07729451 (England and Wales)















Lucas Couriers Limited

Unaudited Financial Statements for the Year Ended 31 March 2024






Lucas Couriers Limited (Registered number: 07729451)






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


Lucas Couriers Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: S P Lucas





SECRETARY:





REGISTERED OFFICE: c/o Cobb & Co Accountants Limited
30 Sleaford Road
Bracebridge Heath
Lincoln
Lincolnshire
LN4 2ND





REGISTERED NUMBER: 07729451 (England and Wales)





ACCOUNTANTS: M.D. Cobb F.M.A.A.T.
Cobb & Co Accountants Limited
30 Sleaford Road
Bracebridge Heath
Lincoln
Lincolnshire
LN4 2ND

Lucas Couriers Limited (Registered number: 07729451)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 190,084 147,228

CURRENT ASSETS
Debtors 5 175,525 103,382
Cash at bank 5,751 12,671
181,276 116,053
CREDITORS
Amounts falling due within one year 6 186,968 125,266
NET CURRENT LIABILITIES (5,692 ) (9,213 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

184,392

138,015

PROVISIONS FOR LIABILITIES 36,116 27,973
NET ASSETS 148,276 110,042

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 148,272 110,038
SHAREHOLDERS' FUNDS 148,276 110,042

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 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.

Lucas Couriers Limited (Registered number: 07729451)

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 director and authorised for issue on 7 August 2024 and were signed by:





S P Lucas - Director


Lucas Couriers Limited (Registered number: 07729451)

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

1. STATUTORY INFORMATION

Lucas Couriers 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.

Related party exemption
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.

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.
Motor vehicles - 25% on reducing balance
Equipment - 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

Lucas Couriers Limited (Registered number: 07729451)

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

4. TANGIBLE FIXED ASSETS
Motor
vehicles Equipment Totals
£    £    £   
COST
At 1 April 2023 301,541 8,359 309,900
Additions 94,147 3,333 97,480
Disposals (12,937 ) - (12,937 )
At 31 March 2024 382,751 11,692 394,443
DEPRECIATION
At 1 April 2023 156,797 5,875 162,672
Charge for year 45,025 1,456 46,481
Eliminated on disposal (4,794 ) - (4,794 )
At 31 March 2024 197,028 7,331 204,359
NET BOOK VALUE
At 31 March 2024 185,723 4,361 190,084
At 31 March 2023 144,744 2,484 147,228

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 169,418 98,288
Other debtors 6,107 5,094
175,525 103,382

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 19,150 5,304
Taxation and social security 22,097 23,203
Other creditors 145,721 96,759
186,968 125,266

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £37,000 (2023 - £2,700) were paid to the director .

8. ULTIMATE CONTROLLING PARTY

The controlling party is S P Lucas.