Tudor International Freight Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 02586291 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2017

FOR

TUDOR INTERNATIONAL FREIGHT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr David Frederick Johnson

Mrs Shirley Johnson

SECRETARY:

Mrs Shirley Johnson

REGISTERED OFFICE:

Low Hall Business Park

Low Hall Road

Horsforth

Leeds

West Yorkshire

LS18 4EF

REGISTERED NUMBER:

02586291 (England and Wales)

ACCOUNTANTS:

Somers McGill

6 Kerry Street

Horsforth

Leeds

West Yorkshire

LS18 4AW

FIXED ASSETS

Tangible assets

4

67,123

52,234

CURRENT ASSETS

Debtors

5

2,439,545

964,616

Cash at bank

1,398,167

1,252,741

3,837,712

2,217,357

CREDITORS

Amounts falling due within one year

6

1,892,579

821,323

NET CURRENT ASSETS

1,945,133

1,396,034

TOTAL ASSETS LESS CURRENT LIABILITIES

2,012,256

1,448,268

PROVISIONS FOR LIABILITIES

80,458

74,425

NET ASSETS

1,931,798

1,373,843

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

1,931,697

1,373,742

SHAREHOLDERS' FUNDS

1,931,798

1,373,843

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 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 3 November 2017 and were signed on its behalf by:

Mr David Frederick Johnson - Director

1.	STATUTORY INFORMATION

Tudor International Freight Limited is a private company, limited by shares , registered in England and Wales.

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 received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

-

33% on reducing balance, 25% on reducing balance and 15% on reducing balance

Taxation

Taxation for the year comprises current 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 taxation assets and liabilities are not discounted.

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

substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2016

210,565

Additions

36,674

At 30 April 2017

247,239

DEPRECIATION

At 1 May 2016

158,331

Charge for year

21,785

At 30 April 2017

180,116

NET BOOK VALUE

At 30 April 2017

67,123

At 30 April 2016

52,234

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

2,363,879

933,994

Other debtors

75,666

30,622

2,439,545

964,616

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

1,084,994

511,946

Taxation and social security

255,132

155,330

Other creditors

552,453

154,047

1,892,579

821,323