Company registration number 02849353 (England and Wales)
THE COURIER COMPANY (UK) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
THE COURIER COMPANY (UK) LIMITED
CONTENTS
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 7
THE COURIER COMPANY (UK) LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
30 APRIL 2025
30 April 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
516,928
346,165
Current assets
Debtors
5
623,574
529,624
Cash at bank and in hand
548,796
643,283
1,172,370
1,172,907
Creditors: amounts falling due within one year
6
(416,077)
(418,463)
Net current assets
756,293
754,444
Total assets less current liabilities
1,273,221
1,100,609
Creditors: amounts falling due after more than one year
7
(169,298)
(12,016)
Provisions for liabilities
(129,231)
(86,541)
Net assets
974,692
1,002,052
Capital and reserves
Called up share capital
8
4,262
4,262
Profit and loss reserves
970,430
997,790
Total equity
974,692
1,002,052
THE COURIER COMPANY (UK) LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
30 APRIL 2025
30 April 2025
- 2 -

For the financial year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 1 October 2025 and are signed on its behalf by:
J E A Wood
Director
Company registration number 02849353 (England and Wales)
THE COURIER COMPANY (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
- 3 -
1
Accounting policies
Company information

The Courier Company (UK) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 11 James Way, Marshall Court, Bletchley, Buckinghamshire, MK1 1SU.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents net invoiced sales of services, excluding value added tax. Income is recognised at the point of provision of the service.

1.3
Intangible fixed assets - goodwill

Goodwill has been fully amortised.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Improvements to property
15% reducing balance
Fixtures and fittings
15% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

THE COURIER COMPANY (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction. Financial liabilities classified as payable within one year are not amortised.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.8
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

THE COURIER COMPANY (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 5 -
1.9
Leases
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the statement of financial position as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.10
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
30
29
3
Intangible fixed assets
Goodwill
£
Cost
At 1 May 2024 and 30 April 2025
107,599
Amortisation and impairment
At 1 May 2024 and 30 April 2025
107,599
Carrying amount
At 30 April 2025
-
0
At 30 April 2024
-
0
THE COURIER COMPANY (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 6 -
4
Tangible fixed assets
Improvements to property
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
Cost
At 1 May 2024
31,823
141,513
653,088
826,424
Additions
-
0
3,241
306,800
310,041
Disposals
-
0
(120,206)
(112,340)
(232,546)
At 30 April 2025
31,823
24,548
847,548
903,919
Depreciation and impairment
At 1 May 2024
25,776
121,469
333,014
480,259
Depreciation charged in the year
907
1,963
100,140
103,010
Eliminated in respect of disposals
-
0
(112,304)
(83,974)
(196,278)
At 30 April 2025
26,683
11,128
349,180
386,991
Carrying amount
At 30 April 2025
5,140
13,420
498,368
516,928
At 30 April 2024
6,047
20,044
320,074
346,165
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
508,294
420,887
Other debtors
31,006
33,615
Prepayments and accrued income
84,274
75,122
623,574
529,624
6
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases
97,656
25,272
Trade creditors
163,288
148,846
Corporation tax
37,749
118,459
Other taxation and social security
24,491
22,969
Other creditors
60,363
51,742
Accruals and deferred income
32,530
51,175
416,077
418,463
THE COURIER COMPANY (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
6
Creditors: amounts falling due within one year
(Continued)
- 7 -

Included within other creditors, are amounts owed to directors.

7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
169,298
12,016

Other creditors balance is comprised of hire purchase contracts.

8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of 1p each
0
400,000
-
0
4,000
A Ordinary shares of 1p each
0
26,170
-
0
262
0
426,170
-
0
4,262
2025
2024
2025
2024
Preference share capital
Number
Number
£
£
Issued and fully paid
A Preference shares of 1p each
400,000
0
4,000
-
0
B Preference shares of 1p each
26,170
0
262
-
0
426,170
0
4,262
-
0

On 8 April 2025, the Ordinary and A Ordinary shares were redesignated to A Preference and B Preference shares respectively.

9
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
Total commitments
100,417
152,875
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