General Information
Ant Couriers Ltd is a private company, limited by shares, registered in England and Wales, registration number 12828355, registration address Unit 17 Glenmore Business Centre, Range Road, Witney, Oxfordshire, England, OX29 0AA.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
These financial statements have been prepared in compliance 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 as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Finance lease and hire purchase charges
The finance element of the rental payment is charged to the income statement on a straight line basis.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
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.
Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Motor Vehicles |
25% Reducing Balance
|
| Computer Equipment |
25% Reducing Balance
|
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees
Average number of employees during the year was 0 (2024 : 0).
|
| 3. |
Intangible fixed assets
| Cost |
Goodwill |
|
Total |
| |
£ |
|
£ |
| At 01 September 2024 |
11,000 |
|
11,000 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 31 August 2025 |
11,000 |
|
11,000 |
| Amortisation |
| At 01 September 2024 |
4,400 |
|
4,400 |
| Charge for year |
1,100 |
|
1,100 |
| On disposals |
- |
|
- |
| At 31 August 2025 |
5,500 |
|
5,500 |
| Net book values |
| At 31 August 2025 |
5,500 |
|
5,500 |
| At 31 August 2024 |
6,600 |
|
6,600 |
|
| 4. |
Tangible fixed assets
| Cost or valuation |
Motor Vehicles |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 01 September 2024 |
12,181 |
|
5,312 |
|
17,493 |
| Additions |
- |
|
- |
|
- |
| Disposals |
- |
|
- |
|
- |
| At 31 August 2025 |
12,181 |
|
5,312 |
|
17,493 |
| Depreciation |
| At 01 September 2024 |
7,426 |
|
3,599 |
|
11,025 |
| Charge for year |
1,188 |
|
428 |
|
1,616 |
| On disposals |
- |
|
- |
|
- |
| At 31 August 2025 |
8,614 |
|
4,027 |
|
12,641 |
| Net book values |
| Closing balance as at 31 August 2025 |
3,567 |
|
1,285 |
|
4,852 |
| Opening balance as at 01 September 2024 |
4,755 |
|
1,713 |
|
6,468 |
|
| 5. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
54,497 |
|
50,157 |
| Prepayments & Accrued Income |
49,470 |
|
45,227 |
| Taxation Recoverable |
7,808 |
|
7,808 |
|
111,775 |
|
103,192 |
|
| 6. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
30,573 |
|
16,483 |
| PAYE & Social Security |
125,880 |
|
93,828 |
| Hire Purchase Agreement - Less than 1 year |
1,487 |
|
3,267 |
| Directors' Current Accounts |
1,312 |
|
- |
|
159,252 |
|
113,578 |
|
| 7. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Hire Purchase - 2-5 years |
- |
|
1,487 |
|
- |
|
1,487 |
|
| 8. |
Provisions for liabilities
|
2025
£ |
|
2024
£ |
| Deferred Tax |
1,213 |
|
1,086 |
|
1,213 |
|
1,086 |
|
4
|