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REGISTERED NUMBER: 04012267 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

Cargolines.co.uk Limited

Cargolines.co.uk Limited (Registered number: 04012267)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

Cargolines.co.uk Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: A J Downer
Mrs B N Downer





SECRETARY: Mrs B N Downer





REGISTERED OFFICE: 31 The Spinney
Stansted Mountfitchet
Essex
CM24 8SA





REGISTERED NUMBER: 04012267 (England and Wales)





ACCOUNTANTS: Lawrence & Company
Chartered Certified Accountants
26 Bell Street
Sawbridgeworth
Hertfordshire
CM21 9AN

Cargolines.co.uk Limited (Registered number: 04012267)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 248 442

CURRENT ASSETS
Stocks 7,486 8,844
Debtors 5 14,486 14,697
Cash in hand 97 103
22,069 23,644
CREDITORS
Amounts falling due within one year 6 22,143 29,750
NET CURRENT LIABILITIES (74 ) (6,106 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

174

(5,664

)

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 173 (5,665 )
SHAREHOLDERS' FUNDS 174 (5,664 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 28 September 2018 and were signed on its behalf
by:





A J Downer - Director


Cargolines.co.uk Limited (Registered number: 04012267)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Cargolines.co.uk 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.

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 - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 4 ) .

Cargolines.co.uk Limited (Registered number: 04012267)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2017
and 31 March 2018 23,314 1,446 24,760
DEPRECIATION
At 1 April 2017 22,983 1,335 24,318
Charge for year 83 111 194
At 31 March 2018 23,066 1,446 24,512
NET BOOK VALUE
At 31 March 2018 248 - 248
At 31 March 2017 331 111 442

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 14,486 14,033
Other debtors - 664
14,486 14,697

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Bank loans and overdrafts 6,495 20,446
Trade creditors 6,749 8,330
Taxation 1,346 -
Social security and other taxes 874 -
Directors' current accounts 5,879 174
Accrued expenses 800 800
22,143 29,750

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.18 31.3.17
value: £    £   
1 Ordinary 1 1 1

Cargolines.co.uk Limited (Registered number: 04012267)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

8. RESERVES
Retained
earnings
£   

At 1 April 2017 (5,665 )
Profit for the year 10,838
Dividends (5,000 )
At 31 March 2018 173

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £5,000 were paid to the directors .

The directors control the company by virtue of a direct controlling interest of 100% of the issued ordinary share
capital. Transactions on the directors loan account during the year were as follows:-

Balance Advanced to Balance
B/fwd the company C/fwd

£174 £5,705 £5,879

The sum owing to the directors of £5,879 is shown in these financial statements under creditors falling due within
one year.

Cargolines.co.uk Limited

Report of the Accountants to the Directors of
Cargolines.co.uk 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 2018 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.






Lawrence & Company
Chartered Certified Accountants
26 Bell Street
Sawbridgeworth
Hertfordshire
CM21 9AN


1 October 2018