CAD Logistics Limited - Accounts to registrar (filleted) - small 18.2

CAD Logistics Limited - Accounts to registrar (filleted) - small 18.2

CAD LOGISTICS LIMITED - Company Information

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REGISTERED NUMBER: 03308260 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 January 2019

for

CAD Logistics Limited
CAD Logistics Limited (Registered number: 03308260)

Contents of the Financial Statements
for the Year Ended 31 January 2019










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CAD Logistics Limited

Company Information
for the Year Ended 31 January 2019







DIRECTOR: P M Drake





SECRETARY: A T Drake





REGISTERED OFFICE: 14 Weston Close
Upton Grey
Basingstoke
Hampshire
RG25 2RX





REGISTERED NUMBER: 03308260 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL
1
CAD Logistics Limited (Registered number: 03308260)

Balance Sheet
31 January 2019

31.1.19 31.1.18
Notes £    £   
CURRENT ASSETS
Stocks - 4,266
Debtors 5 14,577 7,990
Cash at bank 19,430 7,395
34,007 19,651
CREDITORS
Amounts falling due within one year 6 17,941 19,533
NET CURRENT ASSETS 16,066 118
TOTAL ASSETS LESS CURRENT
LIABILITIES
16,066
118

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 15,966 18
SHAREHOLDERS' FUNDS 16,066 118

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 17 April 2019 and were signed by:





P M Drake - Director


The notes form part of these financial statements

2
CAD Logistics Limited (Registered number: 03308260)

Notes to the Financial Statements
for the Year Ended 31 January 2019


1. STATUTORY INFORMATION

CAD Logistics Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information
page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling
costs in bringing stocks to their present location and condition.

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are
recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss
account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs.
Subsequently they are measured at amortised cost using the effective interest rate method, less
impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred 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.


3
CAD Logistics Limited (Registered number: 03308260)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2019


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date, adjusted for indexation where applicable.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the
period of the lease.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at
each balance sheet date. The directors review the carrying amount of the relevant assets and compare
them to their market values and recoverable amounts. Where the carrying amount exceeds this, an
impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where
the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 February 2018
and 31 January 2019 1,464
DEPRECIATION
At 1 February 2018
and 31 January 2019 1,464
NET BOOK VALUE
At 31 January 2019 -
At 31 January 2018 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.19 31.1.18
£    £   
Trade debtors 11,500 3,960
Other debtors 3,077 4,030
14,577 7,990

4
CAD Logistics Limited (Registered number: 03308260)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2019


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.19 31.1.18
£    £   
Taxation and social security 10,585 4,277
Other creditors 7,356 15,256
17,941 19,533

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.19 31.1.18
value: £    £   
100 Ordinary £1 100 100

8. RELATED PARTY DISCLOSURES

During the year the company received a loan from the director of £Nil (2018: £21,500). Repayments
totalling £6,500 (2018: £11,200) have been made and the total balance due to the director at the year
end is £4,866 (2018: £11,366).

5