Company Registration No. 09323937 (England and Wales)
AYLESFORD COURIERS LTD.
Unaudited accounts
for the year ended 31 December 2021
AYLESFORD COURIERS LTD.
Unaudited accounts
Contents
AYLESFORD COURIERS LTD.
Company Information
for the year ended 31 December 2021
Company Number
09323937 (England and Wales)
Registered Office
THE COACHWORKS
OLD MILL LANE
AYLESFORD
KENT
ME20 7DT
Accountants
Coles Accounting (Cambridge) Limited
Newton Hall
Town Street, Newton
Cambridge
Cambridgeshire
CB22 7ZE
AYLESFORD COURIERS LTD.
Statement of financial position
as at
31 December 2021
Tangible assets
15,354
17,280
Cash at bank and in hand
21,861
13,203
Creditors: amounts falling due within one year
(57,476)
(49,244)
Net current assets
74,671
52,259
Total assets less current liabilities
90,025
69,539
Creditors: amounts falling due after more than one year
(36,584)
(17,667)
Provisions for liabilities
Deferred tax
(3,284)
(3,284)
Called up share capital
2
2
Profit and loss account
50,155
48,586
Shareholders' funds
50,157
48,588
For the year ending 31 December 2021 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 September 2022 and were signed on its behalf by
William Taylor
Director
Company Registration No. 09323937
AYLESFORD COURIERS LTD.
Notes to the Accounts
for the year ended 31 December 2021
AYLESFORD COURIERS LTD. is a private company, limited by shares, registered in England and Wales, registration number 09323937. The registered office is THE COACHWORKS, OLD MILL LANE, AYLESFORD, KENT, ME20 7DT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
AYLESFORD COURIERS LTD.
Notes to the Accounts
for the year ended 31 December 2021
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 31 December 2021
74,226
Charge for the year
24,239
At 31 December 2021
58,872
At 31 December 2021
15,354
At 31 December 2020
17,280
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
36,601
23,478
Amounts due from group undertakings etc.
69,085
56,610
Other debtors
4,600
8,212
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
9,000
5,002
Trade creditors
7,459
14,168
Taxes and social security
3,112
26,225
Other creditors
35,173
1,117
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 16 (2020: 16).