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Company Registration No. 07112826 (England and Wales)
TT Couriers Limited Unaudited accounts for the year ended 31 December 2025
TT Couriers Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
TT Couriers Limited Company Information for the year ended 31 December 2025
Director
Timothy Hull
Company Number
07112826 (England and Wales)
Registered Office
Unit 2 Stratton Park Dunton Lane Biggleswade Bedfordshire SG18 8QS England
Accountants
Caldew Accountants Ltd High House, Woodhall Hesket Newmarket Wigton Cumbria CA7 8JY
- 3 -
TT Couriers Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
165,392
123,272
Current assets
Debtors
5
533,309
292,455
Cash at bank and in hand
26,255
75
559,564
292,530
Creditors: amounts falling due within one year
6
(661,137)
(486,442)
Net current liabilities
(101,573)
(193,912)
Total assets less current liabilities
63,819
(70,640)
Creditors: amounts falling due after more than one year
7
(58,419)
(55,147)
Provisions for liabilities
Deferred tax
8
(41,348)
(15,009)
Net liabilities
(35,948)
(140,796)
Capital and reserves
Called up share capital
9
300
300
Profit and loss account
(36,248)
(141,096)
Shareholders' funds
(35,948)
(140,796)
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 April 2026 and were signed on its behalf by
Timothy Hull Director Company Registration No. 07112826
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TT Couriers Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
TT Couriers Limited is a private company, limited by shares, registered in England and Wales, registration number 07112826. The registered office is Unit 2, Stratton Park, Dunton Lane, Biggleswade, Bedfordshire, SG18 8QS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Computer equipment
25% Reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Presentation currency
The accounts are presented in £ sterling.
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TT Couriers Limited Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
11,865
296,303
-
308,168
Additions
800
79,917
3,502
84,219
Disposals
(4,761)
(29,500)
-
(34,261)
At 31 December 2025
7,904
346,720
3,502
358,126
Depreciation
At 1 January 2025
10,443
174,453
-
184,896
Charge for the year
443
36,281
369
37,093
On disposals
(4,346)
(24,909)
-
(29,255)
At 31 December 2025
6,540
185,825
369
192,734
Net book value
At 31 December 2025
1,364
160,895
3,133
165,392
At 31 December 2024
1,422
121,850
-
123,272
2025
2024
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
118,941
91,499
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
524,791
284,871
Other debtors
8,518
7,584
533,309
292,455
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
359,455
279,290
VAT
53,745
27,528
Obligations under finance leases and hire purchase contracts
39,857
31,585
Trade creditors
167,383
94,221
Taxes and social security
34,241
12,580
Other creditors
2,622
27,441
Loans from directors
500
500
Accruals
3,334
13,297
661,137
486,442
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
58,419
55,147
- 6 -
TT Couriers Limited Notes to the Accounts for the year ended 31 December 2025
8
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
41,348
15,009
2025
2024
£
£
Provision at start of year
15,009
8,563
Charged to the profit and loss account
26,339
6,446
Provision at end of year
41,348
15,009
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
100 A Ordinary Shares of £1 each
100
100
100 B Ordinary Shares of £1 each
100
100
300
300
10
Average number of employees
During the year the average number of employees was 17 (2024: 16).
- 7 -