Abbreviated Company Accounts - CFS XPRESS LIMITED

Abbreviated Company Accounts - CFS XPRESS LIMITED

CFS XPRESS LIMITED - Company Information

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Registered Number 08403203

CFS XPRESS LIMITED

Abbreviated Accounts

28 February 2014

CFS XPRESS LIMITED Registered Number 08403203

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014
£
Fixed assets
Tangible assets 2 984
984
Current assets
Cash at bank and in hand 85
85
Net current assets (liabilities) 85
Total assets less current liabilities 1,069
Creditors: amounts falling due after more than one year (50,675)
Total net assets (liabilities) (49,606)
Capital and reserves
Called up share capital 100
Profit and loss account (49,706)
Shareholders' funds (49,606)
  • For the year ending 28 February 2014 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 13 November 2014

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 2014

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
Additions 1,200
Disposals -
Revaluations -
Transfers -
At 28 February 2014 1,200
Depreciation
Charge for the year 216
On disposals -
At 28 February 2014 216
Net book values
At 28 February 2014 984