The Despatch Company Limited Accounts






The Despatch Company Limited

	Company No. 09615192
		Information for Filing with The Registrar
		31 October 2025

The Directors present their report and the accounts for the year ended 31 October 2025.

Principal activities
The principal activity of the company during the year under review was Software development and sales.




Directors

The Directors who served at any time during the year were as follows:

M.N. Dunne
M.J. Nichols








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

M.J. Nichols
Director
30 October 2026

at	31 October 2025
Company No.		09615192	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		4	32,330	48,374

	Investments		5	363	363
				32,693	48,737
Current assets

	Debtors		6	599,230	422,045

	Cash at bank and in hand			277,627	153,791
				876,857	575,836
Creditors: Amount falling due within one year			7	(541,102)	(305,777)
Net current assets				335,755	270,059
Total assets less current liabilities				368,448	318,796
Creditors: Amounts falling due after more than one year			8	-	(5,424)
Provisions for liabilities
	Deferred taxation			(9,119)	(12,094)

Net assets				359,329	301,278

Capital and reserves
	Called up share capital			10	10



	Profit and loss account		10	359,319	301,268

Total equity				359,329	301,278



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 30 October 2026 and signed on its behalf by:
M.N. Dunne
Director
30 October 2026

for the year ended 31 October 2025

General information

The Despatch Company Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 09615192

Its registered office is:

Unit 76

Warfield Road

Kellythorpe Ind Estate

Driffield

YO25 9FQ

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Going concern

These Financial Statements have been prepared on a Going Concern basis

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from Subscription services (software as a service or recurring membership)
• represents the provision of continuous access to a platform or service over a contract period;
• the transaction price is allocated to this distinct performance obligation and is recognised straight-line across the subscription period, reflecting the continuous transfer of control to the customer;
• Amounts billed in advance of service delivery are recorded on the Balance Sheet as deferred revenue (contract liabilities) and released to the Profit and Loss Account uniformly over the relevant subscription term.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Motor vehicles

20% straight line

Furniture, fittings and equipment

25% Straight line

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

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. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

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.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	63	53

4	Tangible fixed assets
			Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£
		Cost or revaluation
		At 1 November 2024	59,500	71,922	131,422
		Additions	-	2,722	2,722



		At 31 October 2025	59,500	74,644	134,144
		Depreciation
		At 1 November 2024	23,800	59,248	83,048
		Charge for the year	11,900	6,866	18,766



		At 31 October 2025	35,700	66,114	101,814
		Net book values
		At 31 October 2025	23,800	8,530	32,330
		At 31 October 2024	35,700	12,674	48,374

5	Investments
			Investment in Subsidiaries	Total
			£	£
		Cost or valuation
		At 1 November 2024	363	363



		At 31 October 2025	363	363
		Provisions/Impairment





		Net book values
		At 31 October 2025	363	363
		At 31 October 2024	363	363

6	Debtors
			2025	2024
			£	£
		Trade debtors	464,753	361,099

		Corporation tax recoverable	60,080	13,151


		Loans to directors	65,629	38,007
		Other debtors	8,768	9,788

			599,230	422,045

7	Creditors:
		amounts falling due within one year
			2025	2024
			£	£

		Bank loans and overdrafts	24,723	30,877


		Trade creditors	5,811	63,687

		Taxes and social security	264,124	183,392

		Other creditors	3,175	11,798
		Accruals and deferred income	243,269	16,023
			541,102	305,777

8	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£

		Bank loans and overdrafts	-	5,424






			-	5,424

Share Capital

The total issued share capital comprises 50 A Ordinary shares (Fully paid), and 50 B Ordinary shares (Fully paid)

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

11	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	-	10,000

			-	10,000

		Dividends by type:

		Equity dividends	-	10,000
			-	10,000