Tendring Express Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07347325 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2019

for

Tendring Express Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N P Hargreaves

C Hunnings

REGISTERED OFFICE:

Top Floor

Claridon House

London Road

Stanford Le Hope

Essex

SS17 0JU

REGISTERED NUMBER:

07347325 (England and Wales)

ACCOUNTANTS:

Vortex Accountants Limited

Top Floor

Claridon House

London Road

Stanford Le Hope

Essex

SS17 0JU

FIXED ASSETS

Tangible assets

4

300,051

98,618

CURRENT ASSETS

Debtors

5

1,011,510

707,374

Cash at bank and in hand

245,248

80,893

1,256,758

788,267

CREDITORS

Amounts falling due within one year

6

1,080,810

418,225

NET CURRENT ASSETS

175,948

370,042

TOTAL ASSETS LESS CURRENT LIABILITIES

475,999

468,660

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

475,997

468,658

SHAREHOLDERS' FUNDS

475,999

468,660

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

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

The directors acknowledge their 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors on 4 November 2019 and were signed on its behalf by:

Mr N P Hargreaves - Director

1.	STATUTORY INFORMATION

Tendring Express Services 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

Straight line over 5 years

Motor vehicles

-

Straight line over 5 years

Computer equipment

-

Straight line over 5 years

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held

under finance leases are depreciated over their estimated useful lives or the lease term, whichever is

the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period

of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 September 2018

32,744

276,912

10,637

320,293

Additions

-

276,630

35,000

311,630

At 31 August 2019

32,744

553,542

45,637

631,923

DEPRECIATION

At 1 September 2018

17,944

193,094

10,637

221,675

Charge for year

4,213

98,984

7,000

110,197

At 31 August 2019

22,157

292,078

17,637

331,872

NET BOOK VALUE

At 31 August 2019

10,587

261,464

28,000

300,051

At 31 August 2018

14,800

83,818

-

98,618

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are

as follows:

Motor

vehicles

£

COST

At 1 September 2018

186,379

Additions

276,630

At 31 August 2019

463,009

DEPRECIATION

At 1 September 2018

160,827

Charge for year

80,878

At 31 August 2019

241,705

NET BOOK VALUE

At 31 August 2019

221,304

At 31 August 2018

25,552

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

901,978

640,500

Other debtors

109,532

66,874

1,011,510

707,374

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

977,308

353,952

Tax

35,413

46,335

Social security and other taxes

-

3,186

VAT

62,937

9,615

Directors' current accounts

2,137

2,137

Accrued expenses

3,015

3,000

1,080,810

418,225