Company Registration No. 14630522 (England and Wales)
Despatch Network Ltd
Unaudited accounts
for the year ended 28 February 2025
Despatch Network Ltd
Unaudited accounts
Contents
Despatch Network Ltd
Company Information
for the year ended 28 February 2025
Directors
ILIANA TANKISHEVA
KENNEDY SMALL
Company Number
14630522 (England and Wales)
Registered Office
1st Floor, Building 2
Croxley Business Park
Watford
WD18 8YA
United Kingdom
Accountants
KENSOL ACCOUNTANTS
1st Floor, Building 2
Croxley Business Park
Watford
WD18 8YA
Despatch Network Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
1,992
2,100
Cash at bank and in hand
321,464
192,859
Creditors: amounts falling due within one year
(609,920)
(293,982)
Net current assets
295,718
155,668
Total assets less current liabilities
297,710
157,768
Creditors: amounts falling due after more than one year
(131,180)
-
Net assets
166,530
157,768
Called up share capital
100
100
Profit and loss account
166,430
157,668
Shareholders' funds
166,530
157,768
For the year ending 28 February 2025 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 9 June 2025 and were signed on its behalf by
KENNEDY SMALL
Director
Company Registration No. 14630522
Despatch Network Ltd
Notes to the Accounts
for the year ended 28 February 2025
Despatch Network Ltd is a private company, limited by shares, registered in England and Wales, registration number 14630522. The registered office is 1st Floor, Building 2, Croxley Business Park, Watford, WD18 8YA, United Kingdom.
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.
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:
4
Tangible fixed assets
Total
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Despatch Network Ltd
Notes to the Accounts
for the year ended 28 February 2025
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).