Company registration number 04089156 (England and Wales)
UK POSTINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
UK POSTINGS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
UK POSTINGS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
322,871
361,328
Current assets
Stocks
6,830
8,700
Debtors
5
794,261
787,386
Cash at bank and in hand
2,509,088
1,802,545
3,310,179
2,598,631
Creditors: amounts falling due within one year
6
(2,505,696)
(2,148,920)
Net current assets
804,483
449,711
Total assets less current liabilities
1,127,354
811,039
Creditors: amounts falling due after more than one year
7
(25,455)
(69,091)
Provisions for liabilities
(80,718)
(58,425)
Net assets
1,021,181
683,523
Capital and reserves
Called up share capital
9
2,595
2,595
Share premium account
960
960
Capital redemption reserve
788
788
Profit and loss reserves
1,016,838
679,180
Total equity
1,021,181
683,523
UK POSTINGS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -

For the financial year ended 31 March 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 profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 6 November 2025 and are signed on its behalf by:
L J Bucktrout
Director
Company registration number 04089156 (England and Wales)
UK POSTINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

UK Postings Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 12 Century Court, Westcott Venture Park, Aylesbury, Buckinghamshire, HP18 0XP.

1.1
Accounting convention

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.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
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:

Leasehold improvements
20% on reducing balance
Plant and machinery
25% on reducing balance
Fixtures and fittings
25% on reducing balance
Computer equipment
33% straight line basis and 20% straight line basis
Motor vehicles
25% on 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.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

UK POSTINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Stocks

Stocks are stated at the lower of cost and net realisable value. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stock to their present location and condition.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

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 profit and loss account 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 profit and loss account, 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
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9
Retirement benefits

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

UK POSTINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 5 -
1.10
Share-based payments

Employee share options are recognised at grant date fair value over the vesting period of the option.

Movements in fair value on employee share options are recognised as an expense in the period they vest

with movements going to the Equity Reserve.

Exemption has been taken on recognising share-based payment transactions that have arisen prior to the

first reporting period under FRS 102 as available to small companies.

1.11
Leases

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.

1.12
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 are included in the profit and loss account for the period.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

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

2025
2024
Number
Number
Total
32
28
UK POSTINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
4
Tangible fixed assets
Leasehold improvements
Plant and machinery
Fixtures and fittings
Computer equipment
Motor vehicles
Total
£
£
£
£
£
£
Cost
At 1 April 2024
218,202
30,396
68,588
38,453
76,637
432,276
Additions
16,611
13,564
12,335
16,510
-
0
59,020
At 31 March 2025
234,813
43,960
80,923
54,963
76,637
491,296
Depreciation and impairment
At 1 April 2024
13,744
4,078
4,408
14,735
33,983
70,948
Depreciation charged in the year
48,590
6,864
16,640
15,859
9,524
97,477
At 31 March 2025
62,334
10,942
21,048
30,594
43,507
168,425
Carrying amount
At 31 March 2025
172,479
33,018
59,875
24,369
33,130
322,871
At 31 March 2024
204,458
26,318
64,180
23,718
42,654
361,328
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
533,861
540,188
Amounts owed by group undertakings
82
45,151
Other debtors
152,408
139,323
Prepayments and accrued income
107,910
62,724
794,261
787,386
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
43,636
47,273
Trade creditors
1,936,416
1,779,037
Amounts owed to group undertakings
29,142
29,142
Taxation and social security
185,584
35,764
Other creditors
32,236
30,060
Accruals and deferred income
278,682
227,644
2,505,696
2,148,920
UK POSTINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
6
Creditors: amounts falling due within one year
(Continued)
- 7 -

Barclays Bank PLC hold a fixed and floating charge over the assets of UK Postings Limited which was outstanding at the year end. The debenture is dated 27 March 2006.

Barclays Security Trustee Limited hold a fixed and floating charge over the accounts UK Postings Limited, which was created after the year end, but outstanding at the date of signing. The charge is dated 17 July 2020.

7
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
25,455
69,091
8
Share-based payment transactions
Number of share options
Weighted average exercise price
2025
2024
2025
2024
Number
Number
£
£
Outstanding at 1 April 2024
1,078
1,078
59.16
59.16
Forfeited
(1,078)
0
-
0
59.16
-
0
Outstanding at 31 March 2025
-
0
1,078
-
0
59.16
Exercisable at 31 March 2025
-
0
-
0
-
0
-
0

The options were valid from 10 years from the grant date. During the year this period has lapsed therefore the options have now expired and are unable to be exercised by the holders.

9
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of 0.1p each
2,595,000
2,595
2,595
2,595

On 19 June 2024, the company subdivided each of its 2,595 issued ordinary shares of £1.00 each into 1,000 ordinary shares of £0.001 each. As a result, the total number of issued ordinary shares increased to 2,595,000. The total nominal value of the issued share capital remained unchanged.

UK POSTINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 8 -
10
Operating lease commitments
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
£
£
429,202
574,378
11
Parent company

The immediate parent undertaking is UKP Worldwide Limited. During the year a share reconstruction occurred which transferred the ownership of UK Postings Limited into the newly formed UKP Worldwide Limited.

The UK group has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated accounts. The financial statements present information about the company as an individual entity and not about its group.

A copy of the parent company financial statements can be obtained from:

Unit 12 Century Court

Westcott Venture Park

Aylesbury

Buckinghamshire

HP18 0XP

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