Hedges Couriers Ltd Accounts

HEDGES COURIERS LTD - Company Information






Hedges Couriers Ltd

	Company No. 08686548
		Information for Filing with The Registrar
		30 September 2023

The Director presents his report and the accounts for the year ended 30 September 2023.

Principal activities
The principal activity of the company during the year under review was Couriers.




Director

The Director who served at any time during the year was as follows:

M. Hedges







































































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. Hedges
Director
11 December 2023

at	30 September 2023
Company No.		08686548	Notes	2023	2022
				£	£
Fixed assets

	Tangible assets		4	5,467	6,009


				5,467	6,009
Current assets

	Debtors		5	29,173	13,894

	Cash at bank and in hand			62,696	34,965
				91,869	48,859
Creditors: Amount falling due within one year			6	(51,318)	(33,675)
Net current assets				40,551	15,184
Total assets less current liabilities				46,018	21,193




Net assets				46,018	21,193

Capital and reserves
	Called up share capital			200	200



	Profit and loss account		8	45,818	20,993

Total equity				46,018	21,193



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 30 September 2023 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 11 December 2023 and signed on its behalf by:
M. Hedges
Director
11 December 2023

for the year ended 30 September 2023

General information

Hedges Couriers Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 08686548

Its registered office is:

The Old Dairy, Mill Farm

Hankham Hall Road, Hankham

Pevensey

East Sussex

BN24 5AG

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.

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 the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

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.

3	Employees
			2023	2022
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	1

4	Tangible fixed assets
			Plant and machinery	Motor vehicles	Total
			£	£	£
		Cost or revaluation
		At 1 October 2022	15,577	5,400	20,977
		Additions	4,695	-	4,695


		Disposals	(8,000)	-	(8,000)
		At 30 September 2023	12,272	5,400	17,672
		Depreciation
		At 1 October 2022	10,788	4,180	14,968
		Charge for the year	897	244	1,141


		Disposals	(3,904)	-	(3,904)
		At 30 September 2023	7,781	4,424	12,205
		Net book values
		At 30 September 2023	4,491	976	5,467
		At 30 September 2022	4,789	1,220	6,009

5	Debtors
			2023	2022
			£	£
		Trade debtors	20,873	5,594





		Other debtors	8,300	8,300

			29,173	13,894

6	Creditors:
		amounts falling due within one year
			2023	2022
			£	£




		Trade creditors	14,939	11,766

		Taxes and social security	36,107	18,139
		Loans from directors	272	89
		Other creditors	-	3,681

			51,318	33,675

Share Capital

200 ordinary shares of £1 each, issued and fully paid.

Reserves

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

9	Dividends
			2023	2022
			£	£
		Dividends for the period:
		Dividends paid in the period	50,500	44,000

			50,500	44,000

		Dividends by type:

		Equity dividends	50,500	44,000
			50,500	44,000