| Company Couriers Limited |
| Notes to the Accounts |
| for the year ended 30 April 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Leasehold land and buildings |
Held at cost |
|
Plant and machinery |
over 10 years |
|
Motor Vehicles |
20% straight line |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 May 2024 |
75,000 |
|
At 30 April 2025 |
75,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 May 2024 |
75,000 |
|
At 30 April 2025 |
75,000 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years. |
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
Land and buildings |
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 May 2024 |
95,374 |
|
13,387 |
|
57,532 |
|
166,293 |
|
At 30 April 2025 |
95,374 |
|
13,387 |
|
57,532 |
|
166,293 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2024 |
5,722 |
|
9,029 |
|
16,622 |
|
31,373 |
|
Charge for the year |
- |
|
875 |
|
11,507 |
|
12,382 |
|
At 30 April 2025 |
5,722 |
|
9,904 |
|
28,129 |
|
43,755 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2025 |
89,652 |
|
3,483 |
|
29,403 |
|
122,538 |
|
At 30 April 2024 |
89,652 |
|
4,358 |
|
40,910 |
|
134,920 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
46,200 |
|
71,918 |
|
Directors Loan Account |
|
25,000 |
|
- |
|
Prepayments |
1,145 |
|
1,086 |
|
|
|
|
|
|
72,345 |
|
73,004 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Directors Loan Account |
15,935 |
|
6 |
|
Obligations under finance lease and hire purchase contracts |
1,216 |
|
9,466 |
|
Taxation and social security costs |
40,739 |
|
26,521 |
|
Other creditors |
23,381 |
|
16,364 |
|
|
|
|
|
|
81,271 |
|
52,357 |
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Company Couriers Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Manywells Mot & Service |
|
Walker Terrace |
|
Cullingworth |
|
Bradford |
|
BD13 5DN |