Geoff Ricketts Freight Limited - Accounts to registrar (filleted) - small 18.2
Geoff Ricketts Freight Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 6 APRIL 2017 TO 31 MARCH 2018 |
| FOR |
| GEOFF RICKETTS FREIGHT LIMITED |
| GEOFF RICKETTS FREIGHT LIMITED (REGISTERED NUMBER: 03143053) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 6 APRIL 2017 TO 31 MARCH 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| GEOFF RICKETTS FREIGHT LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 6 APRIL 2017 TO 31 MARCH 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| St Paul's House |
| 23 Park Square |
| Leeds |
| LS1 2ND |
| GEOFF RICKETTS FREIGHT LIMITED (REGISTERED NUMBER: 03143053) |
| BALANCE SHEET |
| 31 MARCH 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| PROVISIONS FOR LIABILITIES |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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 Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| GEOFF RICKETTS FREIGHT LIMITED (REGISTERED NUMBER: 03143053) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 6 APRIL 2017 TO 31 MARCH 2018 |
| 1. | STATUTORY INFORMATION |
| Geoff Ricketts Freight Limited is a |
| company's registered number and registered office address can be found on the Company Information page. |
| The principal activities of the company are freight forwarding and storage. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements have been prepared on a going concern basis. |
| The directors have a reasonable expectation that the company has adequate resources to continue to trade for the |
| foreseeable future and that there are no material uncertainties that cast significant doubt upon the company's |
| ability to continue as a going concern. For this reason the directors have continued to adopt the going concern |
| basis of preparation of 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 |
| Fixtures and fittings | - |
| Computer equipment | - |
| Taxation |
| Taxation for the period 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 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. |
| 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. |
| GEOFF RICKETTS FREIGHT LIMITED (REGISTERED NUMBER: 03143053) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 6 APRIL 2017 TO 31 MARCH 2018 |
| 2. | ACCOUNTING POLICIES - continued |
| Accounting period |
| The company's accounting reference date is 5 April. These financial statements are for the period ended on 31 |
| March 2018, that date being not more than 7 days either side of the accounting reference date as permitted by the |
| Companies Act 2006. The comparative amounts are for the year ended 5 April 2017. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| COST |
| At 6 April 2017 |
| Additions |
| At 31 March 2018 |
| DEPRECIATION |
| At 6 April 2017 |
| Charge for period |
| At 31 March 2018 |
| NET BOOK VALUE |
| At 31 March 2018 |
| At 5 April 2017 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| GEOFF RICKETTS FREIGHT LIMITED (REGISTERED NUMBER: 03143053) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 6 APRIL 2017 TO 31 MARCH 2018 |
| 7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| During the period the directors owed monies to and repaid advances made by the company. The advances were |
| interest free with no set terms of repayment: |
| During the period £7,300 was received from Mr G Ricketts, a director, from whom the sum of £Nil was owed at |
| the balance sheet date (2017: £7,300). |
| During the year £7,300 was received from Mr P S Gibson, a director, from whom the sum of £Nil was owed at |
| the balance sheet date (2017: £7,300). |
| During the year £7,300 was received from Mr Z F Bistucz, a director, from whom the sum of £Nil was owed at |
| the balance sheet date (2017: £7,300). |
| During the year £7,300 was received from Mrs M J Taylor, a director who resigned on 12 January 2018, from |
| whom the sum of £Nil was owed at the balance sheet date (2017: £7,300). |
| The amounts owed by the directors to the company at 5 April 2017 are included within 'Other debtors' at that |
| date at note 6 above. |
| Mr G Ricketts, a director, has entered into personal guarantees on behalf of the company of £30,000 (2017: |
| £30,000) |
| 8. | RELATED PARTY DISCLOSURES |
| During the period, total dividends of £29,200 were paid to the directors . |
| During the period the company traded with Gibson Taylor Tranzol Ltd, now renamed Taytrans Limited, a |
| company in which some of the directors of Geoff Ricketts Freight Limited had an interest up to 12 January 2018. |
| During the period up to 12 January 2018 sales were made to Taytrans Limited totalling £49,921 (2017: |
| £168,765) and services acquired from that company totalling £23,165 (2017: £107,342). All transactions were |
| on a normal commercial basis. |