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REGISTERED NUMBER: 04215880 (England and Wales)

| RAPID DESPATCH LOGISTICS LTD |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MAY 2025 |

RAPID DESPATCH LOGISTICS LTD (REGISTERED NUMBER: 04215880)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

RAPID DESPATCH LOGISTICS LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MAY 2025

| DIRECTORS: | R Beale

| J Lynn

| REGISTERED OFFICE: | Unit 2

| 424 Portswood Road

| Southampton

| Hampshire

| SO17 3SD

| REGISTERED NUMBER: | 04215880 (England and Wales)

| BANKERS: | HSBC Bank plc

| 35 Middle Road

| Park Gate

| Southampton

| Hampshire

| SO31 7GH

RAPID DESPATCH LOGISTICS LTD (REGISTERED NUMBER: 04215880)

BALANCE SHEET

31 MAY 2025

2025 | 2024 |

| Notes | £ | £

FIXED ASSETS

Tangible assets | 4 | 4,747 |  | 9,136 |  |

CURRENT ASSETS

Debtors | 5 | 368,418 |  | 308,454 |  |

Cash at bank and in hand | 225,001 |  | 180,113 |  |

593,419 |  | 488,567 |  |

CREDITORS

Amounts falling due within one year | 6 | (230,793 | ) | (192,570 | ) |

NET CURRENT ASSETS | 362,626 |  | 295,997 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 367,373 |  | 305,133 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (4,410 | ) | (14,807 | ) |

NET ASSETS | 362,963 |  | 290,326 |  |

CAPITAL AND RESERVES

Called up share capital | 61 |  | 66 |  |

Capital redemption reserve | 41 |  | 36 |  |

Retained earnings | 362,861 |  | 290,224 |  |

SHAREHOLDERS' FUNDS | 362,963 |  | 290,326 |  |

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

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

The directors acknowledge their 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.

RAPID DESPATCH LOGISTICS LTD (REGISTERED NUMBER: 04215880)

BALANCE SHEET - continued

31 MAY 2025

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 Board of Directors and authorised for issue on 10 November 2025 and were signed on its behalf by:

R Beale - Director

RAPID DESPATCH LOGISTICS LTD (REGISTERED NUMBER: 04215880)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1. | STATUTORY INFORMATION

| Rapid Despatch Logistics Ltd 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 FRS102 "The Financial Reporting Standards 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 FRS102 have been applied other than where additional disclosure is required to show a true and far view.

| The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

| The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

| Turnover

| Turnover represents net invoiced sales of services, excluding value added tax. Turnover is recognised when the customers goods are delivered.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Fixtures and fittings | - | 20% Reducing balance

| Motor vehicles | - | 20% Reducing balance

| Computer equipment | - | Straight line over 3 years

| 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 recognised in the income statement.

| 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.

| Hire purchase and leasing commitments

| 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.

RAPID DESPATCH LOGISTICS LTD (REGISTERED NUMBER: 04215880)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

2. | ACCOUNTING POLICIES - continued

| Financial assets

| Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

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

| Basic financial assets, which include trade and other receivables 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, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

| Financial liabilities

| Basic financial liabilities which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

| Equity instruments

| Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividend's payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 17 (2024 - 16 ) .

4. | TANGIBLE FIXED ASSETS

Fixtures |

and | Motor | Computer |

fittings | vehicles | equipment | Totals |

| £ | £ | £ | £

| COST

| At 1 June 2024 | 28,591 |  | 3,917 |  | 28,090 |  | 60,598 |  |

| Additions | 162 |  | - |  | 1,928 |  | 2,090 |  |

| Disposals | (1,340 | ) | (3,917 | ) | (10,450 | ) | (15,707 | ) |

| At 31 May 2025 | 27,413 |  | - |  | 19,568 |  | 46,981 |  |

| DEPRECIATION

| At 1 June 2024 | 26,357 |  | 588 |  | 24,517 |  | 51,462 |  |

| Charge for year | 447 |  | 665 |  | 2,603 |  | 3,715 |  |

| Eliminated on disposal | (1,340 | ) | (1,253 | ) | (10,350 | ) | (12,943 | ) |

| At 31 May 2025 | 25,464 |  | - |  | 16,770 |  | 42,234 |  |

| NET BOOK VALUE

| At 31 May 2025 | 1,949 |  | - |  | 2,798 |  | 4,747 |  |

| At 31 May 2024 | 2,234 |  | 3,329 |  | 3,573 |  | 9,136 |  |

RAPID DESPATCH LOGISTICS LTD (REGISTERED NUMBER: 04215880)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Trade debtors | 310,905 |  | 254,604 |  |

| Other debtors | 57,513 |  | 53,850 |  |

368,418 |  | 308,454 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Bank loans and overdrafts | 10,397 |  | 10,140 |  |

| Trade creditors | 102,489 |  | 36,741 |  |

| Taxation and social security | 112,127 |  | 139,854 |  |

| Other creditors | 5,780 |  | 5,835 |  |

230,793 |  | 192,570 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

| £ | £

| Bank loans | 4,410 |  | 14,807 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

| £ | £

| Within one year | 23,293 |  | 52,670 |  |

| Between one and five years | 39,690 |  | 62,983 |  |

62,983 |  | 115,653 |  |

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| During the year, advances totalling £245 (2024: £232) were made to the company's directors. £624 (2024: £1,324) was repaid prior to the year end. The balance owed from the company to the directors at the year end was £802 (2024: £422).

| No interest is payable and the advances are repayable on demand.