Company Registration No. 12598325 (England and Wales)
Drop Box Logistics Limited
Unaudited accounts
for the year ended 31 May 2025
Drop Box Logistics Limited
Unaudited accounts
Contents
Drop Box Logistics Limited
Company Information
for the year ended 31 May 2025
Company Number
12598325 (England and Wales)
Registered Office
27 OLD GLOUCESTER STREET
LONDON
WC1N 3AX
ENGLAND
Drop Box Logistics Limited
Statement of financial position
as at 31 May 2025
Tangible assets
392,811
135,629
Cash at bank and in hand
52,887
113,517
Creditors: amounts falling due within one year
(753,037)
(462,999)
Net current (liabilities)/assets
(243,572)
101,208
Net assets
149,239
236,837
Called up share capital
1
1
Profit and loss account
149,238
236,836
Shareholders' funds
149,239
236,837
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 21 July 2025 and were signed on its behalf by
Shahbaz Khan
Director
Company Registration No. 12598325
Drop Box Logistics Limited
Notes to the Accounts
for the year ended 31 May 2025
Drop Box Logistics Limited is a private company, limited by shares, registered in England and Wales, registration number 12598325. The registered office is 27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX, 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.
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:
Land & buildings
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
11,440
91,397
130,503
233,340
Additions
-
111,571
227,550
339,121
At 31 May 2025
11,440
202,968
358,053
572,461
At 1 June 2024
5,933
34,341
57,437
97,711
Charge for the year
1,378
42,157
38,404
81,939
At 31 May 2025
7,311
76,498
95,841
179,650
At 31 May 2025
4,129
126,470
262,212
392,811
At 31 May 2024
5,507
57,056
73,066
135,629
Drop Box Logistics Limited
Notes to the Accounts
for the year ended 31 May 2025
Amounts falling due within one year
Other debtors
454,933
449,045
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
74,713
98,943
Obligations under finance leases and hire purchase contracts
266,723
30,261
Trade creditors
45,434
112,956
Taxes and social security
23,772
60,518
Loans from directors
43,685
72,638
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).