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REGISTERED NUMBER: 08131336 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Hertfordshire Couriers Ltd

Hertfordshire Couriers Ltd (Registered number: 08131336)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hertfordshire Couriers Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: R Mountney





REGISTERED OFFICE: Hertfordshire Couriers Limited
60 Bursland
Letchworth Garden City
Hertfordshire
SG6 4UP





REGISTERED NUMBER: 08131336 (England and Wales)





ACCOUNTANTS: D and E Accountancy Ltd
Tax Advisors and Accountants
2nd Floor, 2 Walsworth Road
Hitchin
Hertfordshire
SG4 9SP

Hertfordshire Couriers Ltd (Registered number: 08131336)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 54,282 69,784

CURRENT ASSETS
Debtors 5 228,706 178,514
Cash at bank and in hand 58,356 26,270
287,062 204,784
CREDITORS
Amounts falling due within one year 6 282,815 211,193
NET CURRENT ASSETS/(LIABILITIES) 4,247 (6,409 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,529

63,375

CREDITORS
Amounts falling due after more than
one year

7

(47,096

)

(54,844

)

PROVISIONS FOR LIABILITIES 9 (10,251 ) (5,634 )
NET ASSETS 1,182 2,897

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 1,082 2,797
SHAREHOLDERS' FUNDS 1,182 2,897

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

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

Hertfordshire Couriers Ltd (Registered number: 08131336)

Balance Sheet - continued
31 July 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 3 June 2025 and were signed by:





R Mountney - Director


Hertfordshire Couriers Ltd (Registered number: 08131336)

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

1. STATUTORY INFORMATION

Hertfordshire Couriers Ltd 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 represents invoiced sales for services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Hertfordshire Couriers Ltd (Registered number: 08131336)

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

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Long and Motor Computer
leasehold fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2023 17,994 26,857 113,746 349 158,946
Additions - - 10,747 167 10,914
Disposals - - (27,360 ) - (27,360 )
At 31 July 2024 17,994 26,857 97,133 516 142,500
DEPRECIATION
At 1 August 2023 4,880 19,949 102,175 (37,842 ) 89,162
Charge for year 656 1,381 11,999 103 14,139
Eliminated on disposal - - (53,041 ) 37,958 (15,083 )
At 31 July 2024 5,536 21,330 61,133 219 88,218
NET BOOK VALUE
At 31 July 2024 12,458 5,527 36,000 297 54,282
At 31 July 2023 13,114 6,908 11,571 38,191 69,784

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 211,872 161,680
Other debtors 16,834 16,834
228,706 178,514

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Hire purchase contracts 6,106 6,106
Trade creditors 97,959 97,679
Tax (1,812 ) (1,812 )
Social security and other taxes 31 293
VAT 6,067 2,995
Other creditors 170,398 80,558
Directors' current accounts 1,073 22,381
Accrued expenses 2,993 2,993
282,815 211,193

Hertfordshire Couriers Ltd (Registered number: 08131336)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.24 31.7.23
£    £   
Bounce back loan 27,021 30,494
Finance Loan 18,225 22,500
Hire purchase contracts 1,850 1,850
47,096 54,844

8. SECURED DEBTS

The following secured debts are included within creditors:

31.7.24 31.7.23
£    £   
Factored Debtors 204,315 99,640

The company has given a fixed and floating charge over all it assets to Barclays Bank plc and Ultimate Finance Limited.

9. PROVISIONS FOR LIABILITIES
31.7.24 31.7.23
£    £   
Deferred tax 10,251 5,634

Deferred
tax
£   
Balance at 1 August 2023 5,634
Charge to Income Statement during year 4,617
Balance at 31 July 2024 10,251

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary £1 100 100

Hertfordshire Couriers Ltd (Registered number: 08131336)

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

11. RESERVES
Retained
earnings
£   

At 1 August 2023 2,797
Profit for the year 3,285
Dividends (5,000 )
At 31 July 2024 1,082

12. ULTIMATE CONTROLLING PARTY

The controlling party is R Mountney.