H Young Logistics Limited - Accounts to registrar (filleted) - small 17.3

H Young Logistics Limited - Accounts to registrar (filleted) - small 17.3

H YOUNG LOGISTICS LIMITED - Company Information

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REGISTERED NUMBER: 06825740 (England and Wales)















H YOUNG LOGISTICS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017





Four Oaks Taxation & Accounting Services Limited
Suite D, Astor House
282 Lichfield Road
Four Oaks
Sutton Coldfield
West Midlands
B74 2UG








H YOUNG LOGISTICS LIMITED (REGISTERED NUMBER: 06825740)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5

Report of the Accountants 6

H YOUNG LOGISTICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2017







DIRECTORS: R Webster
M Jackson
P Smith
R Rowe





SECRETARY:





REGISTERED OFFICE: Communications House
Tower Lane
Chickenhall
Eastleigh
Hampshire
SO50 6NZ





REGISTERED NUMBER: 06825740 (England and Wales)





ACCOUNTANTS: Four Oaks Taxation & Accounting Services Limited
Suite D, Astor House
282 Lichfield Road
Four Oaks
Sutton Coldfield
West Midlands
B74 2UG
Page 1
H YOUNG LOGISTICS LIMITED (REGISTERED NUMBER: 06825740)

BALANCE SHEET
31 MARCH 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 1,066,250 1,066,250
Investments 4 105,000 105,000
1,171,250 1,171,250

CREDITORS
Amounts falling due within one year 5 5,188 5,188
NET CURRENT LIABILITIES (5,188 ) (5,188 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,166,062
1,166,062

CREDITORS
Amounts falling due after more than one
year
6
421,928
521,924
NET ASSETS 744,134 644,138

CAPITAL AND RESERVES
Called up share capital 216,000 216,000
Retained earnings 528,134 428,138
SHAREHOLDERS' FUNDS 744,134 644,138

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 notes form part of these financial statements

Page 2 continued...
H YOUNG LOGISTICS LIMITED (REGISTERED NUMBER: 06825740)

BALANCE SHEET - continued
31 MARCH 2017


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 18 December 2017 and were signed on its behalf
by:





R Webster - Director


The notes form part of these financial statements

Page 3
H YOUNG LOGISTICS LIMITED (REGISTERED NUMBER: 06825740)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017


1. STATUTORY INFORMATION

H Young Logistics 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 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.

3. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2016
and 31 March 2017 1,066,250
NET BOOK VALUE
At 31 March 2017 1,066,250
At 31 March 2016 1,066,250

Page 4 continued...
H YOUNG LOGISTICS LIMITED (REGISTERED NUMBER: 06825740)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2016
and 31 March 2017 105,000
NET BOOK VALUE
At 31 March 2017 105,000
At 31 March 2016 105,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other creditors 5,188 5,188

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2017 2016
£    £   
Amounts owed to group undertakings 60,000 -
Other creditors 361,928 521,924
421,928 521,924

7. RELATED PARTY DISCLOSURES

Mr R. Rowe is due £58,412(2016: £158,408) by the company by way of an unsecured "A" loan note.

Mr P. Smith is due £75,250 by the company by way of a secured "C" loan note. This loan is secured by way of a
debenture and floating charge over all the assets of the Company and its subsidiaries.

Page 5
H YOUNG LOGISTICS LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
H YOUNG LOGISTICS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the
Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2017 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Four Oaks Taxation & Accounting Services Limited
Suite D, Astor House
282 Lichfield Road
Four Oaks
Sutton Coldfield
West Midlands
B74 2UG


18 December 2017

This page does not form part of the statutory financial statements

Page 6