REGISTERED NUMBER: 08009776 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Route 1 Express Couriers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L R Haines

Mrs J Haines

R Haines

REGISTERED OFFICE:

7 Hartburn Close

Northampton

Northamptonshire

NN3 9UE

REGISTERED NUMBER:

08009776 (England and Wales)

ACCOUNTANTS:

OSP Accountants & Business advisors

2-20 Booth Drive

Park Farm

Wellingborough

Northamptonshire

NN8 6GR

FIXED ASSETS

Tangible assets

4

6,045

22,735

CURRENT ASSETS

Debtors

5

1,135,692

833,421

Cash at bank

26,341

72,469

1,162,033

905,890

CREDITORS

Amounts falling due within one year

6

931,798

709,260

NET CURRENT ASSETS

230,235

196,630

TOTAL ASSETS LESS CURRENT LIABILITIES

236,280

219,365

CREDITORS

Amounts falling due after more than one year

7

-

2,789

NET ASSETS

236,280

216,576

CAPITAL AND RESERVES

Called up share capital

8

125

125

Capital redemption reserve

(10,000

)

(10,000

)

Retained earnings

246,155

226,451

SHAREHOLDERS' FUNDS

236,280

216,576

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by:

R Haines - Director

1.	STATUTORY INFORMATION

Route 1 Express Couriers 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.

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

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 6 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

587

Additions

5,908

At 31 March 2025

6,495

DEPRECIATION

At 1 April 2024

12

Charge for year

438

At 31 March 2025

450

NET BOOK VALUE

At 31 March 2025

6,045

At 31 March 2024

575

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,129,547

504,094

Amounts owed by group undertakings

-

319,977

Other debtors

6,145

9,350

1,135,692

833,421

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

83

-

Hire purchase contracts

-

11,158

Trade creditors

388,554

239,138

Taxation and social security

165,928

140,103

Other creditors

377,233

318,861

931,798

709,260

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

-

2,789

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary A

£1

100

100

25

Ordinary B

£1

25

25

125

125

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Route 1 Group Holdings Limited.