CFS EXPRESS UK LTD

CFS EXPRESS UK LTD

CFS EXPRESS UK LTD - Company Information

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1 July 2019 false No description of principal activity Taxfiler 2021.7 08109576business:PrivateLimitedCompanyLtd2019-07-012020-06-30 081095762019-06-30 081095762019-07-012020-06-30 08109576business:AuditExempt-NoAccountantsReport2019-07-012020-06-30 08109576business:AbridgedAccounts2019-07-012020-06-30 081095762020-06-30 08109576business:Director12019-07-012020-06-30 08109576business:RegisteredOffice2019-07-012020-06-30 081095762019-06-30 08109576core:WithinOneYear2020-06-30 08109576core:WithinOneYear2019-06-30 08109576core:AfterOneYear2020-06-30 08109576core:AfterOneYear2019-06-30 08109576core:ShareCapital2020-06-30 08109576core:ShareCapital2019-06-30 08109576core:RetainedEarningsAccumulatedLosses2020-06-30 08109576core:RetainedEarningsAccumulatedLosses2019-06-30 08109576business:SmallEntities2019-07-012020-06-30 08109576countries:EnglandWales2019-07-012020-06-30 08109576core:ComputerEquipment2019-07-012020-06-30 081095762018-07-012019-06-30 iso4217:GBP xbrli:pure
Company Registration No. 08109576 (England and Wales)
CFS EXPRESS UK LTD Unaudited accounts for the year ended 30 June 2020
CFS EXPRESS UK LTD Unaudited accounts Contents
Page
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CFS EXPRESS UK LTD Company Information for the year ended 30 June 2020
Director
Syed Hussnain ABBAS
Company Number
08109576 (England and Wales)
Registered Office
13 CHAMBERLAIN CLOSE ILFORD ESSEX IG1 1JQ
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CFS EXPRESS UK LTD Statement of financial position as at 30 June 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
257 
314 
Current assets
Inventories
107,768 
74,450 
Debtors
437,662 
395,897 
Cash at bank and in hand
36,830 
8,897 
582,260 
479,244 
Creditors: amounts falling due within one year
(232,694)
(149,887)
Net current assets
349,566 
329,357 
Total assets less current liabilities
349,823 
329,671 
Creditors: amounts falling due after more than one year
(335,597)
(341,228)
Net assets/(liabilities)
14,226 
(11,557)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
14,126 
(11,657)
Shareholders' funds
14,226 
(11,557)
For the year ending 30 June 2020 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 June 2021 and were signed on its behalf by
Syed Hussnain ABBAS Director Company Registration No. 08109576
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CFS EXPRESS UK LTD Notes to the Accounts for the year ended 30 June 2020
1
Statutory information
CFS EXPRESS UK LTD is a private company, limited by shares, registered in England and Wales, registration number 08109576. The registered office is 13 CHAMBERLAIN CLOSE, ILFORD , ESSEX, IG1 1JQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 30 June 2020 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2018. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
18%
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 July 2019
1,379 
At 30 June 2020
1,379 
Depreciation
At 1 July 2019
1,065 
Charge for the year
57 
At 30 June 2020
1,122 
Net book value
At 30 June 2020
257 
At 30 June 2019
314 
5
Average number of employees
During the year the average number of employees was 3 (2019: 4).
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