REGISTERED NUMBER: 10256096 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Express Courier Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M J Bonini

REGISTERED OFFICE:

Unit 2 Pitcliffe Way Industrial Estate

Off Upper Castle Street

Bradford

BD5 7SG

REGISTERED NUMBER:

10256096 (England and Wales)

ACCOUNTANTS:

Advantage Accounting (Scotland) Ltd

Pavilion 2

Finnieston Business Park

Minerva Way

Glasgow

G3 8AU

FIXED ASSETS

Tangible assets

3

46,722

32,918

CURRENT ASSETS

Debtors

4

97,999

76,892

Cash at bank

-

6,246

97,999

83,138

CREDITORS

Amounts falling due within one year

5

246,742

207,890

NET CURRENT LIABILITIES

(148,743

)

(124,752

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(102,021

)

(91,834

)

CREDITORS

Amounts falling due after more than one year

6

(25,023

)

(40,224

)

PROVISIONS FOR LIABILITIES

(10,279

)

(6,174

)

NET LIABILITIES

(137,323

)

(138,232

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(137,423

)

(138,332

)

SHAREHOLDERS' FUNDS

(137,323

)

(138,232

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 7 January 2026 and were signed by:

M J Bonini - Director

1.	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.

Plant and machinery etc

-

25% on reducing balance

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.

Going concern

As at the balance sheet date the company had negative distributable reserves of £131,285. The directors continue to support the company, allowing the company to meet its liabilities as they fall due and as such believe it is appropriate for the financial statements to be prepared on a going concern basis.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

58,005

Additions

27,208

At 30 June 2025

85,213

DEPRECIATION

At 1 July 2024

25,087

Charge for year

13,404

At 30 June 2025

38,491

NET BOOK VALUE

At 30 June 2025

46,722

At 30 June 2024

32,918

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

85,202

60,022

Other debtors

12,797

16,870

97,999

76,892

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

37,977

5,497

Hire purchase contracts (see note 7)

13,367

14,316

Trade creditors

38,210

37,246

Taxation and social security

30,834

47,011

Other creditors

126,354

103,820

246,742

207,890

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

18,584

23,177

Hire purchase contracts (see note 7)

6,439

17,047

25,023

40,224

7.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

30.6.25

30.6.24

£

£

Net obligations repayable:

Within one year

13,367

14,316

Between one and five years

6,439

17,047

19,806

31,363

Non-cancellable operating

leases

30.6.25

30.6.24

£

£

Within one year

3,091

3,091

Between one and five years

1,030

4,121

4,121

7,212

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.25

30.6.24

£

£

Time Invoice Finance Limited

34,941

44,206

Time Invoice Finance Limited holds a floating charge over the assets of the company.