REGISTERED NUMBER: 10650535 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Express Managed Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D R Atkinson

S A Baines

REGISTERED OFFICE:

Washington Business Centre Unit W11

2 Turbine Way

Sunderland

Tyne and Wear

SR5 3NZ

REGISTERED NUMBER:

10650535 (England and Wales)

ACCOUNTANTS:

Express Managed Services Limited

Washington Business Center Unit W11

2 Turbine Way

Sunderland

Tyne and Wear

SR5 3NZ

FIXED ASSETS

Tangible assets

4

410,137

308,170

CURRENT ASSETS

Stocks

20,400

50,254

Debtors

5

498,515

345,564

Cash at bank and in hand

191,523

142,401

710,438

538,219

CREDITORS

Amounts falling due within one year

6

261,245

244,204

NET CURRENT ASSETS

449,193

294,015

TOTAL ASSETS LESS CURRENT LIABILITIES

859,330

602,185

CREDITORS

Amounts falling due after more than one year

7

-

(34,926

)

PROVISIONS FOR LIABILITIES

(86,555

)

(62,096

)

NET ASSETS

772,775

505,163

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

772,675

505,063

772,775

505,163

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 19 June 2026 and were signed on its behalf by:

S A Baines - Director

1.	STATUTORY INFORMATION

Express Managed Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 etc

-

25% on reducing balance, 20% on cost and 5% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2025 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

508,938

Additions

282,642

Disposals

(164,164

)

At 31 March 2026

627,416

DEPRECIATION

At 1 April 2025

200,768

Charge for year

113,954

Eliminated on disposal

(97,443

)

At 31 March 2026

217,279

NET BOOK VALUE

At 31 March 2026

410,137

At 31 March 2025

308,170

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

266,709

48,831

Other debtors

231,806

296,733

498,515

345,564

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

54,768

68,530

Taxation and social security

175,809

97,834

Other creditors

30,668

77,840

261,245

244,204

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

-

34,926

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

S A Baines

Balance outstanding at start of year

196,594

-

Amounts advanced

-

200,000

Amounts repaid

(40,171

)

(3,406

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

156,423

196,594

The above loan is interest free