REGISTERED NUMBER: 07424170 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Expressway Handling Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D M Bryant

REGISTERED OFFICE:

Unit 5 Staines Road

Central Park Estate

Hounslow

TW4 5DJ

REGISTERED NUMBER:

07424170 (England and Wales)

ACCOUNTANTS:

JPS Matharu & Associates

42 Ullswater Road

Barnes

London

SW13 9PN

FIXED ASSETS

Tangible assets

4

208,942

265,954

CURRENT ASSETS

Debtors

5

1,249,317

818,154

Cash at bank

403,419

652,773

1,652,736

1,470,927

CREDITORS

Amounts falling due within one year

6

649,482

705,552

NET CURRENT ASSETS

1,003,254

765,375

TOTAL ASSETS LESS CURRENT LIABILITIES

1,212,196

1,031,329

CREDITORS

Amounts falling due after more than one year

7

(30,019

)

(63,306

)

PROVISIONS FOR LIABILITIES

(52,236

)

(66,489

)

NET ASSETS

1,129,941

901,534

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,129,841

901,434

1,129,941

901,534

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 July 2025 and were signed by:

D M Bryant - Director

1.	STATUTORY INFORMATION

Expressway Handling Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

483,827

Additions

1,285

At 31 March 2025

485,112

DEPRECIATION

At 1 April 2024

217,873

Charge for year

58,297

At 31 March 2025

276,170

NET BOOK VALUE

At 31 March 2025

208,942

At 31 March 2024

265,954

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

339,550

Transfer to ownership

(119,900

)

At 31 March 2025

219,650

DEPRECIATION

At 1 April 2024

158,196

Charge for year

27,288

Transfer to ownership

(47,700

)

At 31 March 2025

137,784

NET BOOK VALUE

At 31 March 2025

81,866

At 31 March 2024

181,354

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

449,567

496,846

Other debtors

799,750

321,308

1,249,317

818,154

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

22,344

61,369

Trade creditors

357,398

363,122

Taxation and social security

245,557

261,620

Other creditors

24,183

19,441

649,482

705,552

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

12,237

22,439

Hire purchase contracts

17,782

40,867

30,019

63,306