AJS_COURIER_SOLUTIONS_LIM - Accounts

AJS COURIER SOLUTIONS LIMITED - Company Information

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Company Registration No. 09494130 (England and Wales)

AJS COURIER SOLUTIONS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2016

AJS COURIER SOLUTIONS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

AJS COURIER SOLUTIONS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

Notes

Fixed assets

Tangible assets

9,295

Current assets

Cash at bank and in hand

13,403

Creditors: amounts falling due within one year

(27,767)

Net current liabilities

(14,364)

Total assets less current liabilities

(5,069)

Provisions for liabilities

(1,859)

(6,928)

Capital and reserves

Called up share capital

Profit and loss account

(7,027)

Shareholders' funds

(6,928)

For the financial Period ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 25 August 2016

Mr A J Shelton

Director

Company Registration No. 09494130

AJS COURIER SOLUTIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The company meets its day to day working capital requirements through the continued financial support of the directors. Given the nature of the business and the short length of existence, it would not be considered unusual to require such personal expenditure by the directors.

On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of this support by the directors.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of flat rate VAT and trade discounts. Revenue is recognised at point of invoice, when services have been provided.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

33% Straight Line

Motor vehicles

33% Straight Line

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

AJS COURIER SOLUTIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 31 MARCH 2016

- 3 -

Fixed assets

Tangible assets

Cost

At 17 March 2015

Additions

13,873

At 31 March 2016

13,873

Depreciation

At 17 March 2015

Charge for the period

4,578

At 31 March 2016

4,578

Net book value

At 31 March 2016

9,295

Share capital

2016

Allotted, called up and fully paid

33 ''A' Ordinary of £1 each

33 ''B' Ordinary of £1 each

33 ''C' Ordinary of £1 each

At incorporation, on 17th March 2015, 33 'A' ordinary shares of £1 each, 33 'B' ordinary shares of £1 each and 33 'C' ordinary shares of £1 each were allotted and fully paid at par for cash consideration.