JTL Courier Services Limited 10878288 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is the provision of courier services. Digita Accounts Production Advanced 6.30.9574.0 true true 10878288 2024-04-01 2025-03-31 10878288 2025-03-31 10878288 core:FinancialAssetsCostLessImpairment 2025-03-31 10878288 core:CurrentFinancialInstruments 2025-03-31 10878288 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 10878288 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 10878288 core:FurnitureFittingsToolsEquipment 2025-03-31 10878288 core:MotorVehicles 2025-03-31 10878288 bus:SmallEntities 2024-04-01 2025-03-31 10878288 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 10878288 bus:FilletedAccounts 2024-04-01 2025-03-31 10878288 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10878288 bus:RegisteredOffice 2024-04-01 2025-03-31 10878288 bus:Director2 2024-04-01 2025-03-31 10878288 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10878288 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 10878288 core:MotorVehicles 2024-04-01 2025-03-31 10878288 core:OfficeEquipment 2024-04-01 2025-03-31 10878288 countries:EnglandWales 2024-04-01 2025-03-31 10878288 2024-03-31 10878288 core:FurnitureFittingsToolsEquipment 2024-03-31 10878288 core:MotorVehicles 2024-03-31 10878288 2023-08-01 2024-03-31 10878288 2024-03-31 10878288 core:CurrentFinancialInstruments 2024-03-31 10878288 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 10878288 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 10878288 core:FurnitureFittingsToolsEquipment 2024-03-31 10878288 core:MotorVehicles 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 10878288

JTL Courier Services Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

JTL Courier Services Limited

(Registration number: 10878288)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

500

1,500

Other financial assets

5

7,755

7,755

 

8,255

9,255

Current assets

 

Debtors

505

1,330

Cash at bank and in hand

 

304

45,682

 

809

47,012

Creditors: Amounts falling due within one year

6

(63,190)

(69,284)

Net current liabilities

 

(62,381)

(22,272)

Total assets less current liabilities

 

(54,126)

(13,017)

Creditors: Amounts falling due after more than one year

6

(7,898)

(9,335)

Net liabilities

 

(62,024)

(22,352)

Capital and reserves

 

Called up share capital

3

3

Retained earnings

(62,027)

(22,355)

Shareholders' deficit

 

(62,024)

(22,352)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

 

JTL Courier Services Limited

(Registration number: 10878288)
Balance Sheet as at 31 March 2025

Approved and authorised by the Board on 4 August 2025 and signed on its behalf by:
 

.........................................
A Addison
Director

   
     
 

JTL Courier Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Liverpool Film Studios
105 Boundary Street
Liverpool
L5 9YJ
United Kingdom

These financial statements were authorised for issue by the Board on 4 August 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company has net liabilities. The directors have provided assurances that they will continue to meet all liabilities as and when they fall due. As such, the financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

JTL Courier Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

50% - straight line

Motor Vehicles

20% - straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

JTL Courier Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2024

379

5,000

5,379

At 31 March 2025

379

5,000

5,379

Depreciation

At 1 April 2024

379

3,500

3,879

Charge for the year

-

1,000

1,000

At 31 March 2025

379

4,500

4,879

Carrying amount

At 31 March 2025

-

500

500

At 31 March 2024

-

1,500

1,500

 

JTL Courier Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5

Other financial assets (current and non-current)

Financial assets at cost less impairment
£

Total
£

Non-current financial assets

Cost or valuation

At 1 April 2024

7,755

7,755

At 31 March 2025

7,755

7,755

Carrying amount

At 31 March 2025

7,755

7,755

6

Creditors

Included within other creditors due within one year are amounts owing to the directors which total £45,815 (2024 - £54,321).

Included within bank loans due within one year and after one year is a loan with a carrying value of £12,011 (2024 - £13,448). This loan is unsecured, carries an interest rate of 2.5% per annum and is being paid off in equal instalments.