Registration number: 12743047

Customslink Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 8

Customslink Limited

Company Information

Directors

Mr ML Stephens Mr D A Gray Mrs E L C Lonne Mr J D Mayor Mr A Tenfalt

Company secretary

Mr D A Gray

Registered office

First Floor Arlington Street London SW1A 1RE

Auditors

Xeinadin Audit Limited Ground Floor, Citygate Longridge Road Preston Lancashire PR2 5BQ

Customslink Limited

(Registration number: 12743047)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	122,210	133,778
Current assets
Debtors	5	828,677	285,465
Cash at bank and in hand		1,481,352	1,131,970
		2,310,029	1,417,435
Creditors: Amounts falling due within one year	6	(827,977)	(546,909)
Net current assets		1,482,052	870,526
Net assets		1,604,262	1,004,304
Capital and reserves
Called up share capital	7	2	2
Retained earnings		1,604,260	1,004,302
Shareholders' funds		1,604,262	1,004,304

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 September 2026 and signed on its behalf by:
 

......................................... Mr ML Stephens Director

Customslink Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
First Floor
Arlington Street
London
SW1A 1RE
England

The principal place of business is:
12 Sceptre Court
Walton Summit Centre
Bamber Bridge
Preston
PR5 6AW

These financial statements were authorised for issue by the Board on 7 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Customslink Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 7 September 2026 was Mr P Swarbrick, who signed for and on behalf of Xeinadin Audit Limited.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for assistance provided in the facilitation of customs declarations and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Customslink Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Development costs

Costs incurred on the development of internally generated software are capitalised when all of the following conditions are met:
• the software is technically feasible and capable of completion;
• management intends to complete and use the software;
• the software will generate probable future economic benefits;
• adequate technical, financial and other resources are available to complete the development; and
• the expenditure attributable to the software during its development can be measured reliably.

Expenditure incurred during the research phase of a project, together with maintenance and support costs, is recognised as an expense in the profit and loss account as incurred. Capitalised development costs are recognised as intangible fixed assets and are measured initially at cost. Following initial recognition, the assets are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation is charged on a straight-line basis over the estimated useful economic life of the software, commencing when the software is available for use. The useful economic life is reviewed annually and revised where appropriate. Where there are indicators of impairment, the carrying value of internally generated software is reviewed and written down to its recoverable amount where necessary. Where it becomes clear that the development is no longer expected to complete then the asset is derecognised.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Internally generated software	33% Straight line
Assets under development	No depreciation provided

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Customslink Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 14 (2024 - 16).

Customslink Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

4	Intangible assets

	Internally generated software development costs  £	Total £
Cost or valuation
At 1 January 2025	247,598	247,598
Additions acquired separately	54,287	54,287
At 31 December 2025	301,885	301,885
Amortisation
At 1 January 2025	113,819	113,819
Amortisation charge	65,856	65,856
At 31 December 2025	179,675	179,675
Carrying amount
At 31 December 2025	122,210	122,210
At 31 December 2024	133,778	133,778

5

Debtors

Current	2025 £	2024 £
Trade debtors	785,544	239,939
Prepayments	-	6,266
Other debtors	43,133	39,260
	828,677	285,465

Customslink Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	405,386	291,206
Taxation and social security	285,433	122,070
Accruals and deferred income	24,537	21,727
Other creditors	112,621	111,906
	827,977	546,909

Barclays Bank PLC has debentures with Customslink Limited. The charge is secured by way of fixed and floating charges over all the property or undertaking of the company.

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	2	2	2	2

8	Parent and ultimate parent undertaking

The company's immediate parent is Freight Link Solutions Limited, incorporated in Great Britain and registered in England and Wales.

 The ultimate parent is Stena AB, incorporated in Sweden.

 The most senior parent entity producing publicly available financial statements is Stena AB. These financial statements are available upon request from Stena AB, S 405 19 Gothenburg, Sweden.

 

The parent of the smallest group in which these financial statements are consolidated is Stena AB, incorporated in Sweden.