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REGISTERED NUMBER: 03879897 (England and Wales)














REDBOURN EXPRESS SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






REDBOURN EXPRESS SERVICES LIMITED (REGISTERED NUMBER: 03879897)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


REDBOURN EXPRESS SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2024







DIRECTORS: R M G Anderson
R J Stankovich





SECRETARY: Ms J C Anderson





REGISTERED OFFICE: 14 Salusbury Lane
Offley
Hitchin
Hertfordshire
SG5 3EE





REGISTERED NUMBER: 03879897 (England and Wales)





ACCOUNTANTS: Miller & Co
Chartered Accountants
5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE

REDBOURN EXPRESS SERVICES LIMITED (REGISTERED NUMBER: 03879897)

STATEMENT OF FINANCIAL POSITION
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 18,838 21,578

CURRENT ASSETS
Debtors 6 36,374 20,825
Cash at bank 48,383 72,843
84,757 93,668
CREDITORS
Amounts falling due within one year 7 52,448 62,941
NET CURRENT ASSETS 32,309 30,727
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,147

52,305

CREDITORS
Amounts falling due after more than one
year

8

(5,867

)

(12,267

)

PROVISIONS FOR LIABILITIES (4,710 ) (5,395 )
NET ASSETS 40,570 34,643

CAPITAL AND RESERVES
Called up, paid and allotted share capital 102 102
Retained earnings 40,468 34,541
SHAREHOLDERS' FUNDS 40,570 34,643

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

REDBOURN EXPRESS SERVICES LIMITED (REGISTERED NUMBER: 03879897)

STATEMENT OF FINANCIAL POSITION - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2025 and were signed on its behalf by:





R M G Anderson - Director


REDBOURN EXPRESS SERVICES LIMITED (REGISTERED NUMBER: 03879897)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Redbourn Express 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, rounded to the nearest pound.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Income recognition
Income is recognised when goods/services have been delivered to customers such that risks and rewards of ownership have transferred to them.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

4. EMPLOYEES AND DIRECTORS

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

REDBOURN EXPRESS SERVICES LIMITED (REGISTERED NUMBER: 03879897)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 7,620 32,000 11,367 50,987
Additions 259 - 3,285 3,544
At 31 December 2024 7,879 32,000 14,652 54,531
DEPRECIATION
At 1 January 2024 5,252 18,500 5,657 29,409
Charge for year 657 3,375 2,252 6,284
At 31 December 2024 5,909 21,875 7,909 35,693
NET BOOK VALUE
At 31 December 2024 1,970 10,125 6,743 18,838
At 31 December 2023 2,368 13,500 5,710 21,578

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 32,967 17,597
Other debtors 3,407 3,228
36,374 20,825

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 6,400 6,400
Trade creditors 511 524
Taxation and social security 43,087 48,897
Other creditors 2,450 7,120
52,448 62,941

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 5,867 12,267

9. RELATED PARTY DISCLOSURES

The directors operate a loan account with the company. During the year loans in aggregate of £4,844 were repaid by the company. At the year end the balance owed to the directors was £1,015.