Abbreviated Company Accounts - CFS XPRESS LIMITED

CFS XPRESS LIMITED - Company Information

Registered Number 08403203

CFS XPRESS LIMITED

Abbreviated Accounts

28 February 2015

CFS XPRESS LIMITED Registered Number 08403203

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	807	984
		807	984
Current assets
Cash at bank and in hand		4	85
		4	85
Creditors: amounts falling due within one year		(62,033)	(50,675)
Net current assets (liabilities)		(62,029)	(50,590)
Total assets less current liabilities		(61,222)	(49,606)
Total net assets (liabilities)		(61,222)	(49,606)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(61,322)	(49,706)
Shareholders' funds		(61,222)	(49,606)

For the year ending 28 February 2015 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 26 November 2015

And signed on their behalf by:
SYED HUSSNAIN ABBAS, Director

CFS XPRESS LIMITED Registered Number 08403203

Notes to the Abbreviated Accounts for the period ended 28 February 2015

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
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
Provision is made for depreciation on tangible assets at rates calculated to write off cost or valuation, less estimated residual value, of each assets over its expected life.

2Tangible fixed assets

	£
Cost
At 1 March 2014	1,200
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	1,200
Depreciation
At 1 March 2014	216
Charge for the year	177
On disposals	-
At 28 February 2015	393
Net book values
At 28 February 2015	807
At 28 February 2014	984