Ontour Logistic Service UK Limited - Accounts to registrar - small 16.3d

REGISTERED NUMBER: 08177713

ONTOUR LOGISTIC SERVICE UK LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J O Ewert

P H Koppermann

REGISTERED OFFICE:

14 Progress Business Centre

Whittle Parkway

Slough

Berkshire

SL1 6DQ

REGISTERED NUMBER:

08177713

ACCOUNTANTS:

AGHS Accounting & Taxation Services Limited

14 Progress Business Centre

Whittle Parkway

Slough

Berkshire

SL1 6DQ

FIXED ASSETS

Tangible assets

4

16,272

13,693

CURRENT ASSETS

Debtors

5

215,365

196,550

Cash at bank and in hand

133,838

39,657

349,203

236,207

CREDITORS

Amounts falling due within one year

6

73,159

34,966

NET CURRENT ASSETS

276,044

201,241

TOTAL ASSETS LESS CURRENT LIABILITIES

292,316

214,934

PROVISIONS FOR LIABILITIES

3,254

2,739

NET ASSETS

289,062

212,195

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

288,062

211,195

SHAREHOLDERS' FUNDS

289,062

212,195

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 11 April 2017 and were signed on its behalf by:

J O Ewert - Director

1.	STATUTORY INFORMATION

Ontour Logistic Service UK Limited is a private company, limited by shares , registered in Not specified/Other.

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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration receivable, excluding discounts, rebates, value added

tax and other sales taxes, of services provided. The turnover is recognised when consignments are delivered and

receipt of payment is reasonably assured.

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 etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2015 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2016

20,443

Additions

6,742

Disposals

(150

)

At 31 December 2016

27,035

DEPRECIATION

At 1 January 2016

6,750

Charge for year

4,067

Eliminated on disposal

(54

)

At 31 December 2016

10,763

NET BOOK VALUE

At 31 December 2016

16,272

At 31 December 2015

13,693

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade debtors

154,746

144,524

Other debtors

60,619

52,026

215,365

196,550

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade creditors

40,114

838

Taxation and social security

27,601

31,004

Other creditors

5,444

3,124

73,159

34,966

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £10,000 were paid to the directors .