Company Registration No. 07013822 (England and Wales)
Circle Express Specialist Services Ltd
Unaudited accounts
for the year ended 31 December 2024
Circle Express Specialist Services Ltd
Unaudited accounts
Contents
Circle Express Specialist Services Ltd
Company Information
for the year ended 31 December 2024
Directors
Christopher Coffey
Wendy Coffey
Company Number
07013822 (England and Wales)
Registered Office
Oak Tree House
Over The Misbourne Road
Denham
Uxbridge
Middlesex
UB9 5DR
England
Accountants
Scribes Accountancy Limited
98 Northwood Rd
Harefield
Middlesex
UB9 6PS
Circle Express Specialist Services Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
40,398
39,935
Investment property
359,457
359,457
Cash at bank and in hand
8,212
27,799
Creditors: amounts falling due within one year
(73,119)
(61,700)
Net current liabilities
(36,901)
(10,174)
Total assets less current liabilities
362,954
389,218
Creditors: amounts falling due after more than one year
(2,135)
(6,694)
Net assets
360,819
382,524
Called up share capital
100
100
Profit and loss account
360,719
382,424
Shareholders' funds
360,819
382,524
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by
Christopher Coffey
Director
Company Registration No. 07013822
Circle Express Specialist Services Ltd
Notes to the Accounts
for the year ended 31 December 2024
Circle Express Specialist Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 07013822. The registered office is Oak Tree House, Over The Misbourne Road, Denham, Uxbridge, Middlesex, UB9 5DR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The financial statements are prepared on a going concern basis, despite the balance sheet showing net current liabilities of £36,901 (2023 - £10,174 including £ 58,534 that is owed to the directors of the company. The directors confirm that they will continue to support the company for a period of not less than 12 months from the statement of the financial position of the company.
The directors note that the company is trading adequately and has sufficient working capital for a period of not less than 12 Month. As such the directors believe that there are no significant uncertainties in their assessment of whether the business is a going concern.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Circle Express Specialist Services Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
47,452
92,981
666
141,099
Additions
11,900
10,000
-
21,900
At 31 December 2024
59,352
102,981
666
162,999
At 1 January 2024
38,225
62,450
489
101,164
Charge for the year
13,154
8,106
177
21,437
At 31 December 2024
51,379
70,556
666
122,601
At 31 December 2024
7,973
32,425
-
40,398
At 31 December 2023
9,227
30,531
177
39,935
Fair value at 1 January 2024
359,457
At 31 December 2024
359,457
Amounts falling due within one year
Trade debtors
10,835
6,556
Deferred tax asset
14,171
14,171
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,000
4,000
Trade creditors
2,657
2,113
Loans from directors
58,534
53,535
8
Creditors: amounts falling due after more than one year
2024
2023
Circle Express Specialist Services Ltd
Notes to the Accounts
for the year ended 31 December 2024
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).