EXPRESS_HANDLING_SERVICES - Accounts

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

Express Handling Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 17 Britannia Industrial Estate, Poyle Road, Colnbrook, Berkshire, England, SL3 0BH.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The financial statements have been prepared on a going concern basis astrue at the balance sheet date the controlling party and immediate parent undertaking, Bridges Worldwide Plc, has no plans to wind up the company. As a result, the directors have adopted the going concern basis of accounting.

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Amounts due to Express Handling Services Limited under the Government's Job Retention Scheme are credited to the accounts in the period to which the underlying payroll costs relate.

Related party exemption

The company has taken advantage of exemptions available in 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.

Leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

The average monthly number of persons (including directors) employed by the company during the year was:

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

The ultimate controlling party is G A C I Bridges.

The parent company of the smallest group to which the company belongs and for which group financial

statements are prepared is Bridges Worldwide plc, a company registered in England and Wales. Its registered office is 2-4 Packhorse Road, Gerrard's Cross, Buckinghamshire SL9 7QE.

The ultimate holding company is Bridges Worldwide Limited (incorporated in Hong Kong) which is also the

parent company of the largest group to which the company belongs and for which group financial statements are prepared.