GLOBAL CARGO EXPRESS LTD

GLOBAL CARGO EXPRESS LTD

GLOBAL CARGO EXPRESS LTD - Company Information

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GLOBAL CARGO EXPRESS LTD

Company Registration Number:
09976800 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2017

Period of accounts

Start date: 29 January 2016

End date: 31 January 2017

GLOBAL CARGO EXPRESS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2017

Balance sheet
Notes

GLOBAL CARGO EXPRESS LTD

Balance sheet

As at 31 January 2017


Notes
2017


£
Fixed assets
Intangible assets: 2 190,500
Tangible assets: 3 43,400
Total fixed assets: 233,900
Current assets
Stocks: 203,300
Debtors: 64,500
Cash at bank and in hand: 12,490
Total current assets: 280,290
Creditors: amounts falling due within one year: 4 (111,000)
Net current assets (liabilities): 169,290
Total assets less current liabilities: 403,190
Provision for liabilities: (9,300)
Total net assets (liabilities): 393,890
Capital and reserves
Called up share capital: 1
Other reserves: 325,909
Profit and loss account: 67,980
Shareholders funds: 393,890

The notes form part of these financial statements

GLOBAL CARGO EXPRESS LTD

Balance sheet statements

For the year ending 31 January 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 12 October 2017
and signed on behalf of the board by:

Name: Tahar Choudry
Status: Director

The notes form part of these financial statements

GLOBAL CARGO EXPRESS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GLOBAL CARGO EXPRESS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2017

2. Intangible Assets

Total
Cost £
Additions 57,500
Revaluations 133,000
At 31 January 2017 190,500
Net book value
At 31 January 2017 190,500

GLOBAL CARGO EXPRESS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2017


3. Tangible Assets

Total
Cost £
Additions 54,800
Revaluations (11,400)
At 31 January 2017 43,400
Net book value
At 31 January 2017 43,400

GLOBAL CARGO EXPRESS LTD


Notes to the Financial Statements


for the Period Ended 31 January 2017

4. Creditors: amounts falling due within one year note


Stock supplied by supplier as credit line for stock in transit.