REGISTERED NUMBER: 12288479 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

REEDEX LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S M O'Meara

P A O'Meara

REGISTERED OFFICE:

Systems House

Chapel Pond Hill

Bury St Edmunds

Suffolk

IP32 7HT

REGISTERED NUMBER:

12288479 (England and Wales)

ACCOUNTANTS:

TC Group

1st Floor

5-7 Portugal Place

Cambridge

Cambridgeshire

CB5 8AF

FIXED ASSETS

Tangible assets

5

2,616

5,053

CURRENT ASSETS

Debtors

6

141,097

140,842

Cash and cash equivalents

34,264

11,382

175,361

152,224

CREDITORS

Amounts falling due within one year

7

(173,252

)

(155,054

)

NET CURRENT ASSETS/(LIABILITIES)

2,109

(2,830

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,725

2,223

PROVISIONS FOR LIABILITIES

8

(654

)

(1,263

)

NET ASSETS

4,071

960

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

3,971

860

SHAREHOLDERS' FUNDS

4,071

960

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2026 and were signed on its behalf by:

S M O'Meara - Director

1.	STATUTORY INFORMATION

Reedex Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The directors have considered the basis on which the financial statements should be prepared. The directors intend to retire and cease trading, with the business expected to close around October 2026. As a result, the directors do not consider it appropriate to prepare the financial statements on a going concern basis.

Accordingly, the financial statements have been prepared on a basis other than going concern. In preparing the financial statements on this basis, the directors have considered the expected realisable value of the company's assets and the amounts required to settle its liabilities in the normal course of closing the business.

Turnover

Turnover is derived from the provision of Freight Services during the year under review, together with the provision of warehousing excluding value added tax.

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

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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 material 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

5,692

1,211

6,347

13,250

Additions

727

-

2,013

2,740

Disposals

-

-

(6,177

)

(6,177

)

At 31 March 2026

6,419

1,211

2,183

9,813

DEPRECIATION

At 1 April 2025

4,995

348

2,854

8,197

Charge for year

879

302

1,423

2,604

Eliminated on disposal

-

-

(3,604

)

(3,604

)

At 31 March 2026

5,874

650

673

7,197

NET BOOK VALUE

At 31 March 2026

545

561

1,510

2,616

At 31 March 2025

697

863

3,493

5,053

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

131,685

138,773

Other debtors

9,412

2,069

141,097

140,842

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

97,776

13,508

Taxation and social security

3,670

1,070

Other creditors

71,806

140,476

173,252

155,054

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

654

1,263

Deferred

Other

tax

provisions

£

£

Balance at 1 April 2025

1,263

1,042

Credit to Profit and loss account during year

(609

)

-

Balance at 31 March 2026

654

1,042

Deferred tax is recognised in respect of the excess of capital allowances over depreciation.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

10.	RELATED PARTY DISCLOSURES

The company was charged rent of £1,065 (2025: £1,772) in respect of the use of personal residence as office.

Included in other creditors is a balance of £70,156 (2025: £97,487) due on a directors loan account. Included in this balance is Interest of £2,000 (2025:£4,000) which has been charged to the financial statements.