IRIS Accounts Production v25.1.4.42 03969625 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh039696252023-06-30039696252024-06-30039696252023-07-012024-06-30039696252022-06-30039696252022-07-012023-06-30039696252023-06-3003969625ns15:EnglandWales2023-07-012024-06-3003969625ns14:PoundSterling2023-07-012024-06-3003969625ns10:Director12023-07-012024-06-3003969625ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3003969625ns10:SmallEntities2023-07-012024-06-3003969625ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3003969625ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3003969625ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3003969625ns10:FullAccounts2023-07-012024-06-3003969625ns5:CurrentFinancialInstruments2024-06-3003969625ns5:CurrentFinancialInstruments2023-06-3003969625ns5:Non-currentFinancialInstruments2024-06-3003969625ns5:Non-currentFinancialInstruments2023-06-3003969625ns5:ShareCapital2024-06-3003969625ns5:ShareCapital2023-06-3003969625ns5:RetainedEarningsAccumulatedLosses2024-06-3003969625ns5:RetainedEarningsAccumulatedLosses2023-06-3003969625ns10:RegisteredOffice2023-07-012024-06-3003969625ns5:PlantMachinery2023-07-012024-06-3003969625ns5:MotorVehicles2023-07-012024-06-3003969625ns5:ComputerEquipment2023-07-012024-06-3003969625ns5:PlantMachinery2023-06-3003969625ns5:MotorVehicles2023-06-3003969625ns5:ComputerEquipment2023-06-3003969625ns5:PlantMachinery2024-06-3003969625ns5:MotorVehicles2024-06-3003969625ns5:ComputerEquipment2024-06-3003969625ns5:PlantMachinery2023-06-3003969625ns5:MotorVehicles2023-06-3003969625ns5:ComputerEquipment2023-06-3003969625ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-06-3003969625ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-07-012024-06-3003969625ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-06-3003969625ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-06-3003969625ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3003969625ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3003969625ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-06-3003969625ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-06-3003969625ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-06-3003969625ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-06-30039696251ns10:Director12023-06-30039696251ns10:Director12022-06-30039696251ns10:Director12023-07-012024-06-30039696251ns10:Director12022-07-012023-06-30039696251ns10:Director12024-06-30039696251ns10:Director12023-06-3003969625ns10:Director22023-07-012024-06-3003969625ns10:Director222023-06-3003969625ns10:Director222022-06-3003969625ns10:Director222023-07-012024-06-3003969625ns10:Director222022-07-012023-06-3003969625ns10:Director222024-06-3003969625ns10:Director222023-06-3003969625ns10:Director32023-07-012024-06-30039696253ns10:Director32023-06-30039696253ns10:Director32022-06-30039696253ns10:Director32023-07-012024-06-30039696253ns10:Director32022-07-012023-06-30039696253ns10:Director32024-06-30039696253ns10:Director32023-06-30
REGISTERED NUMBER: 03969625 (England and Wales)















Roadrunner Express Couriers Limited

Unaudited Financial Statements

For The Year Ended

30th June 2024






Roadrunner Express Couriers Limited (Registered number: 03969625)

Contents of the Financial Statements
For The Year Ended 30th June 2024










Page

Balance Sheet 1 to 2

Notes to the Financial Statements 3 to 7


Roadrunner Express Couriers Limited (Registered number: 03969625)

Balance Sheet
30th June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 212,624 198,955

CURRENT ASSETS
Debtors 5 109,254 114,597
Cash at bank and in hand 6,239 14,689
115,493 129,286
CREDITORS
Amounts falling due within one year 6 222,442 227,933
NET CURRENT LIABILITIES (106,949 ) (98,647 )
TOTAL ASSETS LESS CURRENT LIABILITIES 105,675 100,308

CREDITORS
Amounts falling due after more than one year 7 (88,200 ) (105,837 )

PROVISIONS FOR LIABILITIES (40,398 ) (37,802 )
NET LIABILITIES (22,923 ) (43,331 )

CAPITAL AND RESERVES
Called up share capital 103 103
Retained earnings 10 (23,026 ) (43,434 )
SHAREHOLDERS' FUNDS (22,923 ) (43,331 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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.

Roadrunner Express Couriers Limited (Registered number: 03969625)

Balance Sheet - continued
30th June 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 Board of Directors and authorised for issue on 4th April 2025 and were signed on its behalf by:





Mr P R Neve - Director


Roadrunner Express Couriers Limited (Registered number: 03969625)

Notes to the Financial Statements
For The Year Ended 30th June 2024


1. STATUTORY INFORMATION

Roadrunner Express Couriers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 03969625

Registered office: C/O Turners Transport
Burton Road
Norwich
Norfolk
NR6 6AU

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% - 33% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 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.

Roadrunner Express Couriers Limited (Registered number: 03969625)

Notes to the Financial Statements - continued
For The Year Ended 30th June 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Going concern
Notwithstanding the deficit of shareholders funds, the directors consider that the company with their support will recover this deficit in future years and therefore it is appropriate for the accounts to be prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 18 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st July 2023 21,648 823,752 17,698 863,098
Additions - 92,240 255 92,495
Disposals - (36,400 ) - (36,400 )
At 30th June 2024 21,648 879,592 17,953 919,193
DEPRECIATION
At 1st July 2023 15,174 634,573 14,396 664,143
Charge for year 971 50,965 868 52,804
Eliminated on disposal - (10,378 ) - (10,378 )
At 30th June 2024 16,145 675,160 15,264 706,569
NET BOOK VALUE
At 30th June 2024 5,503 204,432 2,689 212,624
At 30th June 2023 6,474 189,179 3,302 198,955

Roadrunner Express Couriers Limited (Registered number: 03969625)

Notes to the Financial Statements - continued
For The Year Ended 30th June 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1st July 2023 141,055
Additions 92,240
Disposals (23,000 )
Transfer to ownership (92,055 )
At 30th June 2024 118,240
DEPRECIATION
At 1st July 2023 54,313
Charge for year 16,135
Eliminated on disposal (2,396 )
Transfer to ownership (49,751 )
At 30th June 2024 18,301
NET BOOK VALUE
At 30th June 2024 99,939
At 30th June 2023 86,742

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 105,638 110,314
Other debtors 3,616 4,283
109,254 114,597

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 10,000 10,000
Hire purchase contracts 40,687 39,814
Trade creditors 35,813 36,173
Taxation and social security 45,094 86,674
Other creditors 90,848 55,272
222,442 227,933

Roadrunner Express Couriers Limited (Registered number: 03969625)

Notes to the Financial Statements - continued
For The Year Ended 30th June 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans (see note 8) 24,087 24,087
Hire purchase contracts 37,863 10,500
Other creditors 26,250 71,250
88,200 105,837

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,000 10,000
Other loans 45,000 45,000
55,000 55,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 9,000 9,000
Other loans - 1-2 years 26,250 45,000
35,250 54,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 15,087 15,087
Other loans - 2-5 years - 26,250
15,087 41,337

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 78,550 50,314

Hire purchase contracts are secured on the assets concerned.

Roadrunner Express Couriers Limited (Registered number: 03969625)

Notes to the Financial Statements - continued
For The Year Ended 30th June 2024


10. RESERVES

At the time the dividends were paid during 2022, the directors were not aware that there were insufficient profits available for distribution and the directors acknowledge that no further distributions can be made until there are sufficient profits available for that purpose.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th June 2024 and 30th June 2023:

2024 2023
£    £   
Mr P R Neve
Balance outstanding at start of year 666 (5,524 )
Amounts advanced 18,704 24,986
Amounts repaid (41,500 ) (18,796 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (22,130 ) 666

Mr A G Blunt
Balance outstanding at start of year (2,070 ) (260 )
Amounts advanced - 190
Amounts repaid (2,000 ) (2,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (4,070 ) (2,070 )

Mr M G Mynett
Balance outstanding at start of year (70 ) (260 )
Amounts advanced - 190
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (70 ) (70 )

No interest is payable.