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REGISTERED NUMBER: 08885680 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Parcel Point Logistics Limited

Parcel Point Logistics Limited (Registered number: 08885680)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Parcel Point Logistics Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Mrs S K Chana





REGISTERED OFFICE: 38 Stackyard Close
Thorpe Astley
Leicester
LE3 3SE





REGISTERED NUMBER: 08885680 (England and Wales)





ACCOUNTANTS: Carter & Co
19 Warren Park Way
Enderby
Leicester
LE19 4SA

Parcel Point Logistics Limited (Registered number: 08885680)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,176 12,290

CURRENT ASSETS
Debtors 5 8,643 14,057
Cash at bank 1,021 -
9,664 14,057
CREDITORS
Amounts falling due within one year 6 8,847 11,189
NET CURRENT ASSETS 817 2,868
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,993

15,158

CREDITORS
Amounts falling due after more than one
year

7

(12,500

)

(22,500

)

PROVISIONS FOR LIABILITIES - (2,335 )
NET LIABILITIES (9,507 ) (9,677 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (9,607 ) (9,777 )
SHAREHOLDERS' FUNDS (9,507 ) (9,677 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Parcel Point Logistics Limited (Registered number: 08885680)

Balance Sheet - continued
31 March 2025


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 8 May 2025 and were signed by:





Mrs S K Chana - Director


Parcel Point Logistics Limited (Registered number: 08885680)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Parcel Point Logistics 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 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.
Plant and machinery etc - 33% on cost, 20% on cost and 20% 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.

Going concern
The financial statements have been prepared on the going concern basis which assumes the company will continue to trade. The assumption depends upon the ability of the director to maintain the necessary financial support.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

Parcel Point Logistics Limited (Registered number: 08885680)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 25,946
Additions 968
Disposals (14,000 )
At 31 March 2025 12,914
DEPRECIATION
At 1 April 2024 13,656
Charge for year 629
Eliminated on disposal (3,547 )
At 31 March 2025 10,738
NET BOOK VALUE
At 31 March 2025 2,176
At 31 March 2024 12,290

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors - 4,080
Other debtors - 2,214
Directors' current accounts 8,614 7,072
VAT 29 691
8,643 14,057

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts - 1,453
Tax 21 -
Social security and other taxes 56 -
Other creditors 7,795 8,811
Accrued expenses 975 925
8,847 11,189

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans - 2-5 years 12,500 22,500

Parcel Point Logistics Limited (Registered number: 08885680)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
100 Ordinary £1.00 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
Mrs S K Chana
Balance outstanding at start of year (7,072 ) 2,541
Amounts advanced (9,042 ) 25,923
Amounts repaid 7,500 (35,536 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (8,614 ) (7,072 )

10. GOING CONCERN

As explained in the accounting policies, the accounts have been prepared on a going concern basis. The ability to trade depends substantially on the continued support of the company's director. We have accepted management assurances that the director will maintain the financial support outlined above.