Abbreviated Company Accounts - MADE IN EUROPE EXPRESS LIMITED

MADE IN EUROPE EXPRESS LIMITED - Company Information

02616329 MADE IN EUROPE EXPRESS LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 02616329 2013-01-01 2013-12-31 02616329 2013-12-31 02616329 2012-12-31 02616329 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 02616329 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 02616329

MADE IN EUROPE EXPRESS LIMITED

Abbreviated Accounts

31 December 2013

MADE IN EUROPE EXPRESS LIMITED Registered Number 02616329

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	1,783	1,644
		1,783	1,644
Current assets
Debtors		245,815	161,615
Cash at bank and in hand		33,952	82,646
		279,767	244,261
Creditors: amounts falling due within one year		(280,553)	(245,721)
Net current assets (liabilities)		(786)	(1,460)
Total assets less current liabilities		997	184
Total net assets (liabilities)		997	184
Capital and reserves
Called up share capital	3	5,000	5,000
Profit and loss account		(4,003)	(4,816)
Shareholders' funds		997	184

For the year ending 31 December 2013 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 1 June 2014

And signed on their behalf by:
P M Zappia, Director

MADE IN EUROPE EXPRESS LIMITED Registered Number 02616329

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Freight and logistics turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 33% straight line

Other accounting policies
Going concern
The accounts have been prepared on a going concern basis as the company has been given the continued support of its director and shareholder.

Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

Leasing and hire purchase commitments
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2Tangible fixed assets

	£
Cost
At 1 January 2013	8,436
Additions	1,032
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	9,468
Depreciation
At 1 January 2013	6,792
Charge for the year	893
On disposals	-
At 31 December 2013	7,685
Net book values
At 31 December 2013	1,783
At 31 December 2012	1,644

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
5,000 Ordinary shares of £1 each	5,000	5,000