IRIS Accounts Production v25.4.0.155 04929007 director 1.4.24 31.3.25 31.3.25 false true false false true true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04929007 2024-03-31 04929007 2025-03-31 04929007 2024-04-01 2025-03-31 04929007 2023-03-31 04929007 2023-04-01 2024-03-31 04929007 2024-03-31 04929007 ns15:EnglandWales 2024-04-01 2025-03-31 04929007 ns14:PoundSterling 2024-04-01 2025-03-31 04929007 ns10:Director1 2024-04-01 2025-03-31 04929007 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04929007 ns10:SmallEntities 2024-04-01 2025-03-31 04929007 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04929007 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 04929007 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04929007 ns10:FullAccounts 2024-04-01 2025-03-31 04929007 ns10:OrdinaryShareClass2 2024-04-01 2025-03-31 04929007 ns10:OrdinaryShareClass3 2024-04-01 2025-03-31 04929007 ns10:RegisteredOffice 2024-04-01 2025-03-31 04929007 ns5:CurrentFinancialInstruments 2025-03-31 04929007 ns5:CurrentFinancialInstruments 2024-03-31 04929007 ns5:Non-currentFinancialInstruments 2025-03-31 04929007 ns5:Non-currentFinancialInstruments 2024-03-31 04929007 ns5:ShareCapital 2025-03-31 04929007 ns5:ShareCapital 2024-03-31 04929007 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 04929007 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 04929007 1 2024-04-01 2025-03-31 04929007 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-04-01 2025-03-31 04929007 ns5:PlantMachinery 2024-04-01 2025-03-31 04929007 ns5:LandBuildings 2024-03-31 04929007 ns5:PlantMachinery 2024-03-31 04929007 ns5:LandBuildings 2024-04-01 2025-03-31 04929007 ns5:LandBuildings 2025-03-31 04929007 ns5:PlantMachinery 2025-03-31 04929007 ns5:LandBuildings 2024-03-31 04929007 ns5:PlantMachinery 2024-03-31 04929007 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 04929007 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 04929007 ns5:WithinOneYear 2025-03-31 04929007 ns5:WithinOneYear 2024-03-31 04929007 ns5:BetweenOneFiveYears 2025-03-31 04929007 ns5:BetweenOneFiveYears 2024-03-31 04929007 ns5:AllPeriods 2025-03-31 04929007 ns5:AllPeriods 2024-03-31 04929007 ns5:DeferredTaxation 2024-03-31 04929007 ns5:DeferredTaxation 2024-04-01 2025-03-31 04929007 ns5:DeferredTaxation 2025-03-31 04929007 ns10:OrdinaryShareClass2 2025-03-31 04929007 ns10:OrdinaryShareClass3 2025-03-31

REGISTERED NUMBER: 04929007 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

REED FORWARDING LIMITED

| REED FORWARDING LIMITED (REGISTERED NUMBER: 04929007) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| REED FORWARDING LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTOR: | E C Ferreira

| REGISTERED OFFICE: | Systems House

| Chapel Pond Hill

| Bury St Edmunds

| Suffolk

| IP32 7HT

| REGISTERED NUMBER: | 04929007 (England and Wales)

| ACCOUNTANTS: | Thompson Taraz Rand Ltd

| Chartered Accountants

| 10 Jesus Lane

| Cambridge

| Cambridgeshire

| CB5 8BA

| REED FORWARDING LIMITED (REGISTERED NUMBER: 04929007) |

BALANCE SHEET

31 MARCH 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 57,508 |  | 73,131 |  |

CURRENT ASSETS

Debtors | 6 | 262,410 |  | 420,221 |  |

Cash and cash equivalents | 15,697 |  | 26,988 |  |

278,107 |  | 447,209 |  |

CREDITORS

Amounts falling due within one year | 7 | (216,353 | ) | (207,986 | ) |

NET CURRENT ASSETS | 61,754 |  | 239,223 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 119,262 |  | 312,354 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (73,340 | ) | (274,476 | ) |

PROVISIONS FOR LIABILITIES | 10 | (5,906 | ) | (5,312 | ) |

NET ASSETS | 40,016 |  | 32,566 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 100 |  | 100 |  |

Retained earnings | 39,916 |  | 32,466 |  |

SHAREHOLDERS' FUNDS | 40,016 |  | 32,566 |  |

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 her 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.

| REED FORWARDING LIMITED (REGISTERED NUMBER: 04929007) |

BALANCE SHEET - continued

31 MARCH 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 June 2025 and were signed by:

E C Ferreira - Director

| REED FORWARDING LIMITED (REGISTERED NUMBER: 04929007) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Reed Forwarding 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Critical accounting judgements and key sources of estimation uncertainty

| Useful economic lives of tangible fixed assets:

| Tangible fixed assets are depreciated over their expected useful lives taking into consideration residual values, where appropriate. The actual lives of the assets and residual values are assessed and amended when necessary to reflect the current estimates based on economic utilization and physical condition of the assets.

| Doubtful debts:

| The company makes an estimate of the recoverable value of trade and other debtors. When assessing impairment of trade debtors , management considers factors including the current credit rating of the debtor, the ageing of the debtor and historical experience regarding payment history.

| Turnover

| Turnover is derived from the provision of Freight Services during the year under review, together with the provision of warehousing excluding value added tax.

| Tangible fixed assets

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

| Long leasehold | - | 10% on cost

| Plant and machinery | - | 25% on reducing balance

| Financial instruments

| Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

| REED FORWARDING LIMITED (REGISTERED NUMBER: 04929007) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

3. | ACCOUNTING POLICIES - continued

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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.

| Lease commitments

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

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2024 - 14 ) .

5. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024

| and 31 March 2025 | 43,305 |  | 314,769 |  | 358,074 |  |

| DEPRECIATION

| At 1 April 2024 | 15,350 |  | 269,593 |  | 284,943 |  |

| Charge for year | 4,330 |  | 11,293 |  | 15,623 |  |

| At 31 March 2025 | 19,680 |  | 280,886 |  | 300,566 |  |

| NET BOOK VALUE

| At 31 March 2025 | 23,625 |  | 33,883 |  | 57,508 |  |

| At 31 March 2024 | 27,955 |  | 45,176 |  | 73,131 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 67,288 |  | 135,897 |  |

| Amounts owed by group undertakings | 110,421 |  | 250,000 |  |

| Other debtors | 84,701 |  | 34,324 |  |

262,410 |  | 420,221 |  |

| REED FORWARDING LIMITED (REGISTERED NUMBER: 04929007) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

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

2025 | 2024 |

£ | £ |

| Trade creditors | 127,272 |  | 103,221 |  |

| Taxation and social security | 69,875 |  | 81,079 |  |

| Other creditors | 19,206 |  | 23,686 |  |

216,353 |  | 207,986 |  |

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

2025 | 2024 |

£ | £ |

| Other creditors | 73,340 |  | 274,476 |  |

9. | LEASING AGREEMENTS

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

2025 | 2024 |

£ | £ |

| Within one year | 99,360 |  | 99,360 |  |

| Between one and five years | 365,460 |  | 464,820 |  |

464,820 |  | 564,180 |  |

| The amount payable under non cancellable operating leases at the balance sheet date is £464,820 (2023:£564,180). This represents an annual commitment of £90,000 over a 7 year term in relation to the rental of the company's commercial premises and £9,360 per year in relation to the hire of plant and machinery.

10. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 5,906 |  | 5,312 |  |

| Deferred |

| tax |

£ |

| Balance at 1 April 2024 | 5,312 |  |

| Provided during year | 594 |  |

| Balance at 31 March 2025 | 5,906 |  |

| Deferred tax has been recognised in respect of the excess of capital allowances over depreciation. |  |

| REED FORWARDING LIMITED (REGISTERED NUMBER: 04929007) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 51 | Ordinary A | £1 | 51 |  | 51 |  |

| 49 | Ordinary B | £1 | 49 |  | 49 |  |

100 |  | 100 |  |

| During the year under review the company became a wholly owned subsidiary of E C Newall Holdings Ltd followings its acquisition of the remaining 51% of the company's share capital.

12. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 | 2024 |

£ | £ |

| P A O'Meara

| Balance outstanding at start of year | - |  | 100,000 |  |

| Amounts advanced | 428 |  | - |  |

| Amounts repaid | (428 | ) | (100,000 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |

13. | RELATED PARTY DISCLOSURES

| The balance due to the company's parent company is £110,421 (2024: £250,000) and is included within amounts due from group undertakings within debtors.

| During the year under review advances of £421 (2024: nil) were paid to the director. The amount due at the balance sheet date is nil (2024: nil).