Company registration number: 11442260
Annual report and unaudited financial statements
for the year ended 30 June 2026
for
Quality Parcel Services Ltd
Pages for filing with the Registrar
Company registration number: 11442260
Quality Parcel Services Ltd
Balance sheet
as at 30 June 2026
2026 2025
Note £ £ £ £
Fixed assets
Intangible assets 4 2,000 3,000
Tangible assets 5 609,494 627,693
611,494 630,693
Current assets
Debtors 849,869 754,618
Cash at bank and in hand 409,013 221,590
1,258,882 976,208
Creditors: amounts falling due within one year
(153,146) (76,870)
Net current assets 1,105,736 899,338
Total assets less current liabilities 1,717,230 1,530,031
NET ASSETS 1,717,230 1,530,031
Capital and reserves
Called up share capital 2 2
Profit and loss account 1,717,228 1,530,029
TOTAL EQUITY 1,717,230 1,530,031
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 June 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 11442260
Quality Parcel Services Ltd
Balance sheet - continued
as at 30 June 2026
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 to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 11 September 2026 and signed on its behalf by:
Mrs J Cecherlan-Richards, Director Mr I Cecherlan-Richards, Director
11 September 2026 11 September 2026
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Quality Parcel Services Ltd
Notes to the financial statements
for the year ended 30 June 2026
1 Company information
Quality Parcel Services Ltd is a private company registered in England and Wales. Its registered number is 11442260. The company is limited by shares. Its registered office is C/o Baines & Co, 46 Rolle Street,, Devon., EX8 2SQ. Its principal place of business is Juali, Clyst Road, Exeter, Devon, EX3 0DB.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill -
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Quality Parcel Services Ltd
Notes to the financial statements - continued
for the year ended 30 June 2026
2 Accounting policies - continued
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 2% straight line
Plant and machinery etc.:
Plant and machinery - 20% straight line
Motor vehicles - 20% straight line
Computer equipment - 20% straight line
Taxation
Taxation for the year comprises current taxation. 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 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 3 (2025 - 3).
4 Intangible assets
Goodwill
£
Cost
At 1 July 2025 10,000
At 30 June 2026 10,000
Amortisation
At 1 July 2025 7,000
Charge for year 1,000
At 30 June 2026 8,000
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Quality Parcel Services Ltd
Notes to the financial statements - continued
for the year ended 30 June 2026
4 Intangible assets - continued
Net book value
At 30 June 2026 2,000
At 30 June 2025 3,000
5 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 July 2025 620,431 56,595 677,026
Additions 3,720 - 3,720
At 30 June 2026 624,151 56,595 680,746
Depreciation
At 1 July 2025 24,068 25,265 49,333
Charge for year 12,452 9,467 21,919
At 30 June 2026 36,520 34,732 71,252
Net book value
At 30 June 2026 587,631 21,863 609,494
At 30 June 2025 596,363 31,330 627,693
6 Advances, credit and guarantees granted to directors
There were no advances, credit or guarantees granted to directors in the year.
7 Related party transactions
Dividends were issued in the year totalling £94,000.
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