REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 January 2025 |
for |
AC Couriers and Freight Services Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 January 2025 |
for |
AC Couriers and Freight Services Limited |
AC Couriers and Freight Services Limited (Registered number: 07483879) |
Contents of the Financial Statements |
for the Year Ended 31 January 2025 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
AC Couriers and Freight Services Limited |
Company Information |
for the Year Ended 31 January 2025 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Devonshire House |
582 Honeypot Lane |
Stanmore |
MIDDLESEX |
HA7 1JS |
AC Couriers and Freight Services Limited (Registered number: 07483879) |
Statement of Financial Position |
31 January 2025 |
31.1.25 | 31.1.24 |
Notes | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
17,330 | 123 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank | ( |
) | ( |
) |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS/(LIABILITIES) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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. |
AC Couriers and Freight Services Limited (Registered number: 07483879) |
Statement of Financial Position - continued |
31 January 2025 |
The financial statements were approved by the director and authorised for issue on |
AC Couriers and Freight Services Limited (Registered number: 07483879) |
Notes to the Financial Statements |
for the Year Ended 31 January 2025 |
1. | STATUTORY INFORMATION |
AC Couriers and Freight Services Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Plant and machinery etc | - |
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 statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
AC Couriers and Freight Services Limited (Registered number: 07483879) |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2025 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 February 2024 |
Additions |
Disposals | ( |
) |
At 31 January 2025 |
DEPRECIATION |
At 1 February 2024 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31 January 2025 |
NET BOOK VALUE |
At 31 January 2025 |
At 31 January 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.25 | 31.1.24 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.25 | 31.1.24 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.1.25 | 31.1.24 |
£ | £ |
Bank loans |
AC Couriers and Freight Services Limited (Registered number: 07483879) |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2025 |
8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
During the year ended 31 January 2025, the Director owed £43,127 to AC Couriers & Freight Services Ltd. This amount is reflected accordingly in the directors' loan account in debit balance, which is shown as other debtors under Debtors due within one year. Please be advised that £37,553 relates to the overdrawn Directors' loan accounts for the year ended 31 January 2024 and s455 was charged during the year ended 31 January 2024. £5,574 is the additional loan borrowed by the Director for the year ended 31 January 2025 and is subject to s455 charge. The Director has paid interest to AC Couriers & Freight Services at the HMRC official rate on the overdrawn loan for the year ended 31 January 2025. |