Acorah Software Products - Accounts Production 16.2.850 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 06598175 Mr Karl Brown Mr Ian Wilson Mr Aaron Cullumbine Karl Brown, director true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06598175 2024-03-31 06598175 2025-03-31 06598175 2024-04-01 2025-03-31 06598175 frs-core:CurrentFinancialInstruments 2025-03-31 06598175 frs-core:Non-currentFinancialInstruments 2025-03-31 06598175 frs-core:BetweenOneFiveYears 2025-03-31 06598175 frs-core:ComputerEquipment 2025-03-31 06598175 frs-core:ComputerEquipment 2024-04-01 2025-03-31 06598175 frs-core:ComputerEquipment 2024-03-31 06598175 frs-core:FurnitureFittings 2025-03-31 06598175 frs-core:FurnitureFittings 2024-04-01 2025-03-31 06598175 frs-core:FurnitureFittings 2024-03-31 06598175 frs-core:MotorVehicles 2025-03-31 06598175 frs-core:MotorVehicles 2024-04-01 2025-03-31 06598175 frs-core:MotorVehicles 2024-03-31 06598175 frs-core:PlantMachinery 2025-03-31 06598175 frs-core:PlantMachinery 2024-04-01 2025-03-31 06598175 frs-core:PlantMachinery 2024-03-31 06598175 frs-core:WithinOneYear 2025-03-31 06598175 frs-core:ShareCapital 2025-03-31 06598175 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06598175 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06598175 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06598175 frs-bus:SmallEntities 2024-04-01 2025-03-31 06598175 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06598175 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06598175 1 2024-04-01 2025-03-31 06598175 frs-bus:Director1 2024-04-01 2025-03-31 06598175 frs-bus:Director2 2024-04-01 2025-03-31 06598175 frs-bus:Director3 2024-04-01 2025-03-31 06598175 frs-countries:EnglandWales 2024-04-01 2025-03-31 06598175 2023-03-31 06598175 2024-03-31 06598175 2023-04-01 2024-03-31 06598175 frs-core:CurrentFinancialInstruments 2024-03-31 06598175 frs-core:Non-currentFinancialInstruments 2024-03-31 06598175 frs-core:BetweenOneFiveYears 2024-03-31 06598175 frs-core:WithinOneYear 2024-03-31 06598175 frs-core:ShareCapital 2024-03-31 06598175 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 06598175
Direct Express Logistics Cardiff Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Enterprise Chartered Certified Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06598175
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 41,497 25,689
41,497 25,689
CURRENT ASSETS
Debtors 5 403,672 408,644
Cash at bank and in hand 52,658 52,470
456,330 461,114
Creditors: Amounts Falling Due Within One Year 6 (303,543 ) (367,142 )
NET CURRENT ASSETS (LIABILITIES) 152,787 93,972
TOTAL ASSETS LESS CURRENT LIABILITIES 194,284 119,661
Creditors: Amounts Falling Due After More Than One Year 7 (33,064 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (10,374 ) (6,422 )
NET ASSETS 150,846 113,239
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 150,746 113,139
SHAREHOLDERS' FUNDS 150,846 113,239
Page 1
Page 2
For the 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.
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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Karl Brown
Director
04/08/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Direct Express Logistics Cardiff Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06598175 . The registered office is Unit 2 Alpha Court, Thorne, Doncaster, DN8 5TZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.5. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 27 (2024: 25)
27 25
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 10,501 117,934 11,864 22,040 162,339
Additions - 39,500 - - 39,500
Disposals - (92,047 ) - - (92,047 )
As at 31 March 2025 10,501 65,387 11,864 22,040 109,792
Depreciation
As at 1 April 2024 10,432 102,103 10,380 13,735 136,650
Provided during the period 64 10,484 329 2,530 13,407
Disposals - (81,762 ) - - (81,762 )
As at 31 March 2025 10,496 30,825 10,709 16,265 68,295
Net Book Value
As at 31 March 2025 5 34,562 1,155 5,775 41,497
As at 1 April 2024 69 15,831 1,484 8,305 25,689
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 346,500 346,312
Amounts owed by group undertakings 1,000 1,000
Other debtors 56,172 61,332
403,672 408,644
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 9,322 (250 )
Trade creditors 229,783 247,344
Other creditors 7,929 12,594
Taxation and social security 56,509 107,454
303,543 367,142
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Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 33,064 -
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,322 (250 )
Later than one year and not later than five years 33,064 -
42,386 (250 )
42,386 (250 )
9. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 10,374 6,422
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Direct Express Logistics Doncaster Limited . Direct Express Logistics Doncaster Limited was incorporated in England & Wales. The ultimate controlling party is Karl Brown, director who controls 80% of the shares of Direct Express Logistics Cardiff Limited .
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