| Registered number: 12401890 | ||||||||
| FOR THE YEAR ENDED 31 MARCH 2025 | ||||||||
| Prepared By: | ||||||||
| Reed-Ransted | ||||||||
| Chartered Accountants | ||||||||
| 2 Burhill Grove | ||||||||
| Pinner | ||||||||
| HA5 3DW | ||||||||
| STEVENAGE OVERNIGHT PARCELS LIMITED | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31 MARCH 2025 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Middlesex | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 12401890 | ||||||||
| . | ||||||||
| . | ||||||||
| ACCOUNTANTS | ||||||||
| Reed-Ransted | ||||||||
| Chartered Accountants | ||||||||
| 2 Burhill Grove | ||||||||
| Pinner | ||||||||
| HA5 3DW | ||||||||
| STEVENAGE OVERNIGHT PARCELS LIMITED | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31 MARCH 2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| STEVENAGE OVERNIGHT PARCELS LIMITED | ||||||||
| BALANCE SHEET AT | ||||||||||
| Registered number: 12401890 | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Intangible assets | 3 | |||||||||
| Tangible assets | 4 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 5 | |||||||||
| Cash at bank and in hand | ||||||||||
| 520,359 | 369,803 | |||||||||
| CREDITORS: Amounts falling due within one year | 6 | |||||||||
| NET CURRENT ASSETS | 171,683 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CREDITORS: Amounts falling due after more than one year | 7 | 110,265 | 155,678 | |||||||
| PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 9 | |||||||||
| Profit and loss account | 169,025 | 45,795 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| STEVENAGE OVERNIGHT PARCELS LIMITED | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31 MARCH 2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Short Leasehold Properties | straight line 10% | |||||||
| Plant and Machinery | reducing balance 25% | |||||||
| Commercial Vehicles | reducing balance 25% | |||||||
| Fixtures and Fittings | reducing balance 20% | |||||||
| Equipment | reducing balance 25% | |||||||
| 1c. Pension Costs | ||||||||
| The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. | ||||||||
| 1d. Goodwill | ||||||||
| 1e. Government Grants | ||||||||
| Government grants are recognised in profit and loss in the year in which they are receivable | ||||||||
| 2. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 19 | |||||
| STEVENAGE OVERNIGHT PARCELS LIMITED | ||||||||
| 3. INTANGIBLE FIXED ASSETS | ||||
| Purchased | ||||
| Goodwill | Total | |||
| £ | £ | |||
| Cost | ||||
| At 1 April 2024 | 8,000 | 8,000 | ||
| At 31 March 2025 | 8,000 | 8,000 | ||
| Depreciation | ||||
| At 1 April 2024 | 3,200 | 3,200 | ||
| For the year | 800 | 800 | ||
| At 31 March 2025 | 4,000 | 4,000 | ||
| Net Book Amounts | ||||
| At 31 March 2025 | ||||
| At 31 March 2024 | ||||
| 4. TANGIBLE FIXED ASSETS | ||||||||||||
| Short Leasehold | Plant and | Commercial | Fixtures | |||||||||
| Properties | Machinery | Vehicles | and Fittings | Equipment | Total | |||||||
| £ | £ | £ | £ | £ | £ | |||||||
| Cost | ||||||||||||
| At 1 April 2024 | 5,490 | 693 | 14,989 | 5,386 | 13,785 | 40,343 | ||||||
| Additions | - | 375 | - | 2,120 | 1,382 | 3,877 | ||||||
| At 31 March 2025 | 5,490 | 1,068 | 14,989 | 7,506 | 15,167 | 44,220 | ||||||
| Depreciation | ||||||||||||
| At 1 April 2024 | 2,196 | 292 | 937 | 2,448 | 4,375 | 10,248 | ||||||
| For the year | 549 | 178 | 3,513 | 800 | 2,554 | 7,594 | ||||||
| At 31 March 2025 | 2,745 | 470 | 4,450 | 3,248 | 6,929 | 17,842 | ||||||
| Net Book Amounts | ||||||||||||
| At 31 March 2025 | 2,745 | 26,378 | ||||||||||
| At 31 March 2024 | 3,294 | 30,095 | ||||||||||
| 5. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 369,670 | 257,314 | ||||||
| Other debtors | 22,320 | 22,348 | ||||||
| Prepayments | 39,309 | 35,009 | ||||||
| 431,299 | 314,671 | |||||||
| STEVENAGE OVERNIGHT PARCELS LIMITED | ||||||||
| 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| UK corporation tax | 55,608 | 8,032 | ||||||
| VAT | 46,173 | 31,238 | ||||||
| PAYE control | 6,189 | 6,892 | ||||||
| Shareholder Loan | 24,000 | 24,000 | ||||||
| Trade creditors | 109,115 | 117,311 | ||||||
| Other creditors | 4,982 | - | ||||||
| Accruals | 20,275 | 10,647 | ||||||
| 266,342 | 198,120 | |||||||
| 7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Shareholder Loan | 110,265 | 155,678 | ||||||
| 110,265 | 155,678 | |||||||
| 8. PROVISIONS FOR LIABILITIES | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Deferred taxation | 5,000 | 5,000 | ||||||
| 5,000 | 5,000 | |||||||
| 9. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 105 | 105 | |||||||
| 105 | 105 | |||||||
| STEVENAGE OVERNIGHT PARCELS LIMITED | ||||||||
| 10. OTHER FINANCIAL COMMITMENTS | ||||||||
| At 31 March 2025 the company was committed to making the following payments under non-cancellable operating leases: | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Operating Leases which expire: | ||||||||
| After 5 years | 74,000 | 74,000 | ||||||
| 11. CONTROLLING PARTY | ||||||||
| There is no person or entity with overall control of the company. | ||||||||
| 12. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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