Road Runners Meco Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08417228

Road Runners Meco Ltd

Filleted Financial Statements

31 March 2025

Road Runners Meco Ltd

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Intangible assets	5	81,751	109,001
Tangible assets	6	18,489	30,468
		---------	---------
		100,240	139,469

Current assets

Debtors	8	2,485,145	1,906,605
Cash at bank and in hand		663,105	727,117
		------------	------------
		3,148,250	2,633,722

Creditors: amounts falling due within one year	9	1,762,267		1,693,512
		------------		------------
Net current assets			1,385,983	940,210
			------------	------------
Total assets less current liabilities			1,486,223	1,079,679

Creditors: amounts falling due after more than one year	10	79,754	82,454
		------------	------------
Net assets		1,406,469	997,225
		------------	------------

Capital and reserves

Called up share capital	100	100
Profit and loss account	1,406,369	997,125
	------------	---------
Shareholder funds	1,406,469	997,225
	------------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

Road Runners Meco Ltd

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 22 May 2026 , and are signed on behalf of the board by:

Mrs M Puri

Director

Company registration number: 08417228

Road Runners Meco Ltd

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 2, Mill Court, Spindle Way, Crawley, RH10 1TT.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. Revenue from the provision of services is recognised at the time of rendering the service.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

Goodwill	-	15 years
Software Development	-	4 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor Vehicles	-	20% reducing balance
Equipment	-	20% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 12 (2024: 23 ).

5. Intangible assets

	Goodwill	Development costs	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	613,123	48,170	661,293
	---------	--------	---------
Amortisation
At 1 April 2024	504,122	48,170	552,292
Charge for the year	27,250	–	27,250
	---------	--------	---------
At 31 March 2025	531,372	48,170	579,542
	---------	--------	---------
Carrying amount
At 31 March 2025	81,751	–	81,751
	---------	--------	---------
At 31 March 2024	109,001	–	109,001
	---------	--------	---------

6. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 April 2024	41,287	68,260	109,547
Disposals	( 41,287)	–	( 41,287)
	--------	--------	---------
At 31 March 2025	–	68,260	68,260
	--------	--------	---------
Depreciation
At 1 April 2024	33,930	45,149	79,079
Charge for the year	–	4,622	4,622
Disposals	( 33,930)	–	( 33,930)
	--------	--------	---------
At 31 March 2025	–	49,771	49,771
	--------	--------	---------
Carrying amount
At 31 March 2025	–	18,489	18,489
	--------	--------	---------
At 31 March 2024	7,357	23,111	30,468
	--------	--------	---------

7. Investments

	Other investments other than loans	Other loans	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	60,000	12,000	72,000
	--------	--------	--------
Impairment
At 1 April 2024 and 31 March 2025	60,000	12,000	72,000
	--------	--------	--------

Carrying amount
At 31 March 2025	–	–	–
	--------	--------	--------
At 31 March 2024	–	–	–
	--------	--------	--------

8. Debtors

	2025	2024
	£	£
Trade debtors	2,054,766	1,463,684
Amounts owed by group undertakings and undertakings in which the company has a participating interest	266,183	241,793
Other debtors	164,196	201,128
	------------	------------
	2,485,145	1,906,605
	------------	------------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	273,653	588,365
Amounts owed to group undertakings and undertakings in which the company has a participating interest	788,312	545,842
Corporation tax	231,075	315,207
Social security and other taxes	318,091	106,994
Other creditors	151,136	137,104
	------------	------------
	1,762,267	1,693,512
	------------	------------

10. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	79,754	82,454
	--------	--------

11. Summary audit opinion

The auditor's report dated 22 May 2026 was unqualified .

The senior statutory auditor was Bhupindar Chowdhary FCA , for and on behalf of Chowdhary & Co .

12. Controlling party

The Company's immediate and ultimate parent company is Meco Maitha Limited , a company incorporated in England. Mr A and Mrs M Puri are the controlling party by virtue of their controlling interest (100%) of the issued share capital of Meco Maitha Limited.