Hutchinson Logistics Limited - Accounts to registrar (filleted) - small 17.3
Hutchinson Logistics Limited - Accounts to registrar (filleted) - small 17.3
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JULY 2016 TO 31 OCTOBER 2017 |
FOR |
HUTCHINSON LOGISTICS LIMITED |
T/A |
3D COURIERS |
HUTCHINSON LOGISTICS LIMITED (REGISTERED NUMBER: 05476106) |
T/A 3D COURIERS |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JULY 2016 TO 31 OCTOBER 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
HUTCHINSON LOGISTICS LIMITED |
T/A 3D COURIERS |
COMPANY INFORMATION |
FOR THE PERIOD 1 JULY 2016 TO 31 OCTOBER 2017 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
HUTCHINSON LOGISTICS LIMITED (REGISTERED NUMBER: 05476106) |
T/A 3D COURIERS |
BALANCE SHEET |
31 OCTOBER 2017 |
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | 8 |
SHAREHOLDERS' FUNDS |
HUTCHINSON LOGISTICS LIMITED (REGISTERED NUMBER: 05476106) |
T/A 3D COURIERS |
BALANCE SHEET - continued |
31 OCTOBER 2017 |
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. |
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered. |
The financial statements were approved by the Board of Directors on on its behalf by: |
HUTCHINSON LOGISTICS LIMITED (REGISTERED NUMBER: 05476106) |
T/A 3D COURIERS |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JULY 2016 TO 31 OCTOBER 2017 |
1. | STATUTORY INFORMATION |
Hutchinson Logistics Limited is a |
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 |
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 |
Equipment | - |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and loss |
account, 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 period 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. |
HUTCHINSON LOGISTICS LIMITED (REGISTERED NUMBER: 05476106) |
T/A 3D COURIERS |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 JULY 2016 TO 31 OCTOBER 2017 |
2. | ACCOUNTING POLICIES - continued |
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. |
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 period was |
4. | TANGIBLE FIXED ASSETS |
Equipment |
£ |
COST |
At 1 July 2016 |
and 31 October 2017 |
DEPRECIATION |
At 1 July 2016 |
Charge for period |
At 31 October 2017 |
NET BOOK VALUE |
At 31 October 2017 |
At 30 June 2016 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
Other debtors |
HUTCHINSON LOGISTICS LIMITED (REGISTERED NUMBER: 05476106) |
T/A 3D COURIERS |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 JULY 2016 TO 31 OCTOBER 2017 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2017 | 2016 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
8. | RESERVES |
Retained |
earnings |
£ |
At 1 July 2016 |
Profit for the period |
Dividends | ( |
) |
At 31 October 2017 |
9. | RELATED PARTY DISCLOSURES |
During the period, total dividends of £30,000 (2016 - £17,500) were paid to the directors . |
The company provided services to 3D Delivery Services Limited and 3d Logistics Limited to the |
value of £351,175 and £656,477 respectively. |
The company also paid management charges of £32,000 to 3D Delivery Services Limited. |
Mr M Clancy is a director and shareholder of 3D Delivery Services Limited and 3D Logistics |
Limited |
The ultimate controlling party is Mr M A Clancy and his wife by virtue of their ownership of 61% of |
the share capital. |
10. | FIRST YEAR ADOPTION - FRS 102 1A |
No transitional adjustments are required. |