Hutchinson Logistics Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05476106 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 NOVEMBER 2017 TO 30 JUNE 2018

FOR

HUTCHINSON LOGISTICS LIMITED

T/A

3D COURIERS

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

1,696

1,696

CURRENT ASSETS

Debtors

5

20,382

358,240

Cash at bank and in hand

162,513

16,503

182,895

374,743

CREDITORS

Amounts falling due within one year

6

84,177

188,684

NET CURRENT ASSETS

98,718

186,059

TOTAL ASSETS LESS CURRENT LIABILITIES

100,414

187,755

PROVISIONS FOR LIABILITIES

-

242

NET ASSETS

100,414

187,513

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

100,314

187,413

SHAREHOLDERS' FUNDS

100,414

187,513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2018 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors on 1 October 2018 and were signed on its behalf by:

Mr J M A Thompson - Director

Mr J T Tan - Director

1.	STATUTORY INFORMATION

Hutchinson Logistics Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address are as below:

Registered number:

05476106

Registered office:

21a Brownlow Mews

London

WC1N 2LA

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

-

25% on reducing balance

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.

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 11 (2017 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2017

and 30 June 2018

3,618

DEPRECIATION

At 1 November 2017

and 30 June 2018

1,922

NET BOOK VALUE

At 30 June 2018

1,696

At 31 October 2017

1,696

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

8,432

339,290

Other debtors

11,950

18,950

20,382

358,240

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

11,435

64,895

Taxation and social security

13,147

119,188

Other creditors

59,595

4,601

84,177

188,684

7.	RELATED PARTY DISCLOSURES

The company provided services to 3D Delivery Services Limited and 3d Logistics Limited to the

value of £22,000 and £88,715 respectively.

The company also paid management charges of £10,000 to 3D Delivery Services Limited.

Mr M Clancy is a director and shareholder of 3D Delivery Services Limited and 3D Logistics Limited