Universal Delivery Solutions Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06538999 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

UNIVERSAL DELIVERY SOLUTIONS LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mr N Chawla

Mrs M Chawla

SECRETARY:

Mrs M Chawla

REGISTERED OFFICE:

505 Pinner Road

Harrow

Middlesex

HA2 6EH

REGISTERED NUMBER:

06538999 (England and Wales)

ACCOUNTANTS:

Sterling Accounts Limited

t/a Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Universal Delivery Solutions Limited for the year ended 31 March 2025 which comprise the Profit and Loss, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Universal Delivery Solutions Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Universal Delivery Solutions Limited and state those matters that we have agreed to state to the Board of Directors of Universal Delivery Solutions Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Universal Delivery Solutions Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Universal Delivery Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Universal Delivery Solutions Limited. You consider that Universal Delivery Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Universal Delivery Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Sterling Accounts Limited

t/a Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

3 December 2025

FIXED ASSETS

Property, plant and equipment

4

99,009

97,632

CURRENT ASSETS

Debtors

5

960,717

843,500

Cash at bank and in hand

38,621

13,460

999,338

856,960

CREDITORS

Amounts falling due within one year

6

(984,056

)

(851,566

)

NET CURRENT ASSETS

15,282

5,394

TOTAL ASSETS LESS CURRENT
LIABILITIES

114,291

103,026

CREDITORS

Amounts falling due after more than one
year

7

(86,775

)

(93,488

)

PROVISIONS FOR LIABILITIES

(8,557

)

(8,557

)

NET ASSETS

18,959

981

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

18,859

881

SHAREHOLDERS' FUNDS

18,959

981

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 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.

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 has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

Mr N Chawla - Director

1.	STATUTORY INFORMATION

Universal Delivery Solutions 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 FRS102 1A " The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax. Revenue from the courier services is recognised at the time of the service is rendered.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

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

Going concern

The accounts have been prepared on a going concern basis, since in the opinion of the directors, it is appropriate to assume that the company will receive the continued support of its shareholders for a period in excess of twelve months from the date of approval of these financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 15 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2024

14,662

4,443

231,150

43,474

293,729

Additions

-

34,333

-

34,333

At 31 March 2025

14,662

4,443

265,483

43,474

328,062

DEPRECIATION

At 1 April 2024

12,412

4,111

143,598

35,976

196,097

Charge for year

563

83

30,436

1,874

32,956

At 31 March 2025

12,975

4,194

174,034

37,850

229,053

NET BOOK VALUE

At 31 March 2025

1,687

249

91,449

5,624

99,009

At 31 March 2024

2,250

332

87,552

7,498

97,632

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

Motor

vehicles

£

COST

At 1 April 2024

231,150

Additions

34,333

At 31 March 2025

265,483

DEPRECIATION

At 1 April 2024

143,598

Charge for year

30,436

At 31 March 2025

174,034

NET BOOK VALUE

At 31 March 2025

91,449

At 31 March 2024

87,552

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

850,758

797,363

Other debtors

109,959

46,137

960,717

843,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

108,281

92,073

Hire purchase contracts

28,495

20,152

Trade creditors

354,693

368,713

Amounts owed to connected company

56,779

Taxation and social security

154,023

94,210

Other creditors

281,785

219,639

984,056

851,566

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

22,524

28,611

Hire purchase contracts

64,251

64,877

86,775

93,488

2025

2024

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

-

5,083

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Hire purchase contracts

92,746

85,029

Factored debts

102,053

86,440

194,799

171,469

Factored debts are arrangements whereby certain trade receivables are assigned to a third-party financial institution. These debts are secured by a floating charge over the company's book debts and a debenture.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the directors owed £12,024 (2024: £13,105) to the company. The company charged interest at 2.25% per annum.