Expeditor Ltd - Limited company - abbreviated

REGISTERED NUMBER: 06394922 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

Expeditor Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M Butler

B Lissok

SECRETARY:

B Lissok

REGISTERED OFFICE:

Drovers

Haydon

Sherborne

Dorset

DT9 5JB

REGISTERED NUMBER:

06394922 (England and Wales)

ACCOUNTANTS:

Hunts Accountants

The Old Pump House

Oborne Road

Sherborne

Dorset

DT9 3RX

FIXED ASSETS

Intangible assets

2

39,985

45,557

Tangible assets

3

3,755

4,015

43,740

49,572

CURRENT ASSETS

Stocks

22,000

20,312

Debtors

9,003

26,056

Cash at bank

17

31,020

46,385

CREDITORS

Amounts falling due within one year

28,575

20,205

NET CURRENT ASSETS

2,445

26,180

TOTAL ASSETS LESS CURRENT
LIABILITIES

46,185

75,752

CAPITAL AND RESERVES

Called up share capital

4

81,667

Profit and loss account

(35,482

)

(5,915

)

SHAREHOLDERS' FUNDS

46,185

75,752

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 September 2014 and were signed on its behalf
by:

M Butler - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of fifteen years.

Patents & licences

Being the amount paid for the intellectual property rights of a cordless waiter call system. It is being amortised

evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

86,346

AMORTISATION

At 1 January 2013

40,789

Amortisation for year

5,572

At 31 December 2013

46,361

NET BOOK VALUE

At 31 December 2013

39,985

At 31 December 2012

45,557

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

7,623

DEPRECIATION

At 1 January 2013

3,608

Charge for year

260

At 31 December 2013

3,868

NET BOOK VALUE

At 31 December 2013

3,755

At 31 December 2012

4,015

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

100

Ordinary

1

81,667

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2013 and

31 December 2012:

31.12.13

31.12.12

£

M Butler

Balance outstanding at start of year

1,110

2,940

Amounts repaid

(1,110

)

(1,830

)

Balance outstanding at end of year

-

1,110

B Lissok

Balance outstanding at start of year

1,500

Amounts repaid

-

Balance outstanding at end of year

1,500

Director's loan was repaid within 9 months of the accounts year end.

6.	RELATED PARTY DISCLOSURES

Director's loan was repaid within nine months of the accounts year end.

Expeditor Ltd - Limited company - abbreviated - 11.0.0

Expeditor Ltd - Limited company - abbreviated - 11.0.0