REGISTERED NUMBER: 03417469 (England and Wales)

LEE COURIERS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

187,667

145,426

CURRENT ASSETS

Debtors

5

354,510

300,226

Cash at bank and in hand

87,895

9,037

442,405

309,263

CREDITORS

Amounts falling due within one year

6

357,588

241,900

NET CURRENT ASSETS

84,817

67,363

TOTAL ASSETS LESS CURRENT LIABILITIES

272,484

212,789

CREDITORS

Amounts falling due after more than one year

7

(110,780

)

(87,981

)

PROVISIONS FOR LIABILITIES

(22,105

)

(27,631

)

NET ASSETS

139,599

97,177

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

139,499

97,077

139,599

97,177

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 May 2026 and were signed by:

N O Haughey - Director

1.	STATUTORY INFORMATION

Lee Couriers Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03417469

Registered office:

Unit 28 Hoddesdon Ind Estate

Hoddeson

Hertfordshire

EN11 0FF

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.

Plant and machinery

-

20% on cost

Motor vehicles

-

20% on cost

Taxation

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

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 September 2024

43,676

441,438

485,114

Additions

-

71,326

71,326

At 31 August 2025

43,676

512,764

556,440

DEPRECIATION

At 1 September 2024

39,487

300,201

339,688

Charge for year

838

28,247

29,085

At 31 August 2025

40,325

328,448

368,773

NET BOOK VALUE

At 31 August 2025

3,351

184,316

187,667

At 31 August 2024

4,189

141,237

145,426

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

352,652

293,868

Other debtors

1,858

6,358

354,510

300,226

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,070

9,976

Hire purchase contracts

36,886

27,760

Trade creditors

198,713

157,229

Taxation and social security

80,175

43,667

Other creditors

36,744

3,268

357,588

241,900

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

23,642

28,744

Hire purchase contracts

87,138

59,237

110,780

87,981

8.	RELATED PARTY DISCLOSURES

During the year dividends were paid to N&DH Investments Limited during the year in accordance with the shareholding of £Nil. (2024: £Nil).

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by the shareholder N&DH Investments Limited by virtue of a controlling interest in 100% of the issued ordinary share capital. The Director, Mr N Haughey, has a 50% interest in the shareholder company.