Express Management Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 09332108

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		905,887		741,391
Investments	6		127		373,126

			906,014		1,114,517
CURRENT ASSETS
Debtors	7	3,536,392		1,644,104
Cash at bank and in hand		138,208		164,890

		3,674,600		1,808,994
Creditors: Amounts Falling Due Within One Year	8	(858,328 )		(317,663 )

NET CURRENT ASSETS (LIABILITIES)			2,816,272		1,491,331

TOTAL ASSETS LESS CURRENT LIABILITIES			3,722,286		2,605,848

Creditors: Amounts Falling Due After More Than One Year	9		(262,500 )		(441,184 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(226,472 )		(185,348 )

NET ASSETS			3,233,314		1,979,316

CAPITAL AND RESERVES
Called up share capital	11		40,220		40,200
Profit and Loss Account			3,193,094		1,939,116

SHAREHOLDERS' FUNDS			3,233,314		1,979,316

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Express Management Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr M Evans

Director

11 March 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Express Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09332108 . The registered office is Leonard House, Wimblebury Road, Hednesford, Staffs, WS12 2HU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 8 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	33% straight line
Motor Vehicles	33% straight line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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Express Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 2)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 February 2025	110,031

As at 31 January 2026	110,031

Amortisation
As at 1 February 2025	110,031

As at 31 January 2026	110,031

Net Book Value
As at 31 January 2026	-

As at 1 February 2025	-

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 February 2025	614,072	1,493,023	2,107,095
Additions	4,423	819,506	823,929
Disposals	-	(748,493 )	(748,493 )

As at 31 January 2026	618,495	1,564,036	2,182,531

Depreciation
As at 1 February 2025	557,934	807,770	1,365,704
Provided during the period	17,434	387,013	404,447
Disposals	-	(493,507 )	(493,507 )

As at 31 January 2026	575,368	701,276	1,276,644

...CONTINUED

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Express Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

Net Book Value
As at 31 January 2026	43,127	862,760	905,887

As at 1 February 2025	56,138	685,253	741,391

The fixed assets are secured by a fixed charge held by National Westminster Bank PLC.

6. Investments

	Subsidiaries	Unlisted	Total
	£	£	£
Cost or Valuation
As at 1 February 2025	100,126	273,000	373,126
Additions	1	-	1
Disposals	(100,000 )	(273,000 )	(373,000 )

As at 31 January 2026	127	-	127

Provision
As at 1 February 2025	-	-	-

As at 31 January 2026	-	-	-

Net Book Value
As at 31 January 2026	127	-	127

As at 1 February 2025	100,126	273,000	373,126

Company Shares held Class %

EDS Couriers Limited	100 Ordinary
Express Pallets Limited	100 Ordinary
Express Vehicle Repairs Limited	100 Ordinary
EDS Stoke Limited	100 Ordinary
EDA Global Limited	100 Ordinary
Hollyswift Limited	100 Ordinary

7. Debtors

	2026	2025
	£	£
Due within one year
Amounts owed by group undertakings	1,444,835	491,434
Other debtors	2,091,557	1,152,670

	3,536,392	1,644,104

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	150,000	183,916
Amounts owed to group undertakings	707,218	39,017
Other creditors	1,110	94,730

	858,328	317,663

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Express Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	262,500	441,184

10. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	150,000	183,916
Later than one year and not later than five years	262,500	441,184

	412,500	625,100

	412,500	625,100

11. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	40,220	40,200

12. Related Party Transactions

The company has taken advantage of exemption, underthe terms of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose related party transactions with wholly owned subsidiaries within the group.

At the year end the directors loan account for Mr M Evans was overdrawn by £294,669

13. Ultimate Controlling Party

The company is controlled by its directors and shareholders.

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