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 2021

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

569,629

423,151

CURRENT ASSETS

Debtors

5

1,354,335

1,200,182

Cash at bank and in hand

446,848

384,099

1,801,183

1,584,281

CREDITORS

Amounts falling due within one year

6

1,429,657

1,333,433

NET CURRENT ASSETS

371,526

250,848

TOTAL ASSETS LESS CURRENT LIABILITIES

941,155

673,999

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

941,153

673,997

SHAREHOLDERS' FUNDS

941,155

673,999

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 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 and authorised for issue on 16 November 2021 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 NIL (2020 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 September 2020

32,744

836,415

45,637

914,796

Additions

-

386,562

5,000

391,562

At 31 August 2021

32,744

1,222,977

50,637

1,306,358

DEPRECIATION

At 1 September 2020

26,371

447,637

17,637

491,645

Charge for year

4,213

232,871

8,000

245,084

At 31 August 2021

30,584

680,508

25,637

736,729

NET BOOK VALUE

At 31 August 2021

2,160

542,469

25,000

569,629

At 31 August 2020

6,373

388,778

28,000

423,151

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 2020

745,882

Additions

386,562

At 31 August 2021

1,132,444

DEPRECIATION

At 1 September 2020

379,157

Charge for year

214,765

At 31 August 2021

593,922

NET BOOK VALUE

At 31 August 2021

538,522

At 31 August 2020

366,725

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

1,347,568

1,200,182

Other debtors

6,767

-

1,354,335

1,200,182

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade creditors

1,253,993

1,021,475

Tax

28,307

32,982

Social security and other taxes

23,443

16,307

VAT

114,899

48,821

Directors' current accounts

4,000

209,833

Accrued expenses

5,015

4,015

1,429,657

1,333,433