1 March 2024 false No description of principal activity Taxfiler 2024.6 14630522business:PrivateLimitedCompanyLtd2024-03-012025-02-28 146305222024-02-29 146305222024-03-012025-02-28 14630522business:AuditExempt-NoAccountantsReport2024-03-012025-02-28 14630522business:AbridgedAccounts2024-03-012025-02-28 146305222025-02-28 14630522business:Director12024-03-012025-02-28 14630522business:Director22024-03-012025-02-28 14630522business:RegisteredOffice2024-03-012025-02-28 146305222024-02-29 14630522core:WithinOneYear2025-02-28 14630522core:WithinOneYear2024-02-29 14630522core:AfterOneYear2025-02-28 14630522core:AfterOneYear2024-02-29 14630522core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 14630522core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 14630522core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 14630522core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 14630522core:PreviouslyStatedAmount2025-02-28 14630522core:PreviouslyStatedAmount2024-02-29 14630522business:SmallEntities2024-03-012025-02-28 14630522countries:EnglandWales2024-03-012025-02-28 14630522core:MotorVehicles2024-03-012025-02-28 14630522core:ComputerEquipment2024-03-012025-02-28 14630522business:OrdinaryShareClass12024-03-012025-02-28 14630522business:OrdinaryShareClass12023-03-012024-02-29 146305222023-03-012024-02-29 iso4217:GBP xbrli:shares xbrli:pure
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
Page
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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
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Despatch Network Ltd Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,992 
2,100 
Current assets
Debtors
584,174 
256,791 
Cash at bank and in hand
321,464 
192,859 
905,638 
449,650 
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 
Capital and reserves
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
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Despatch Network Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25%
Computer equipment
25%
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 March 2024
2,836 
Additions
556 
At 28 February 2025
3,392 
Depreciation
At 1 March 2024
736 
Charge for the year
664 
At 28 February 2025
1,400 
Net book value
At 28 February 2025
1,992 
At 29 February 2024
2,100 
5
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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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).
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