Caseware UK (AP4) 2021.0.152 2021.0.152 2022-01-312022-01-312Activities of other holding companies not elsewhere classified2021-02-01false2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07147202 2021-02-01 2022-01-31 07147202 2020-02-01 2021-01-31 07147202 2022-01-31 07147202 2021-01-31 07147202 c:Director1 2021-02-01 2022-01-31 07147202 d:CurrentFinancialInstruments 2022-01-31 07147202 d:CurrentFinancialInstruments 2021-01-31 07147202 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 07147202 d:CurrentFinancialInstruments d:WithinOneYear 2021-01-31 07147202 d:ShareCapital 2022-01-31 07147202 d:ShareCapital 2021-01-31 07147202 d:RetainedEarningsAccumulatedLosses 2022-01-31 07147202 d:RetainedEarningsAccumulatedLosses 2021-01-31 07147202 c:OrdinaryShareClass1 2021-02-01 2022-01-31 07147202 c:OrdinaryShareClass1 2022-01-31 07147202 c:OrdinaryShareClass2 2021-02-01 2022-01-31 07147202 c:OrdinaryShareClass2 2022-01-31 07147202 c:FRS102 2021-02-01 2022-01-31 07147202 c:AuditExempt-NoAccountantsReport 2021-02-01 2022-01-31 07147202 c:FullAccounts 2021-02-01 2022-01-31 07147202 c:PrivateLimitedCompanyLtd 2021-02-01 2022-01-31 07147202 d:Subsidiary1 2021-02-01 2022-01-31 07147202 d:Subsidiary1 1 2021-02-01 2022-01-31 07147202 2 2021-02-01 2022-01-31 07147202 6 2021-02-01 2022-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07147202









FREIGHT AGENCIES FORWARDING (2010) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2022

 
FREIGHT AGENCIES FORWARDING (2010) LIMITED
REGISTERED NUMBER: 07147202

BALANCE SHEET
AS AT 31 JANUARY 2022

2022
2021
Note
£
£

Fixed assets
  

Investments
 4 
100,000
100,000

Current assets
  

Cash at bank and in hand
 5 
130,935
77,532

  
130,935
77,532

Creditors: amounts falling due within one year
 6 
(230,409)
(177,332)

Net current liabilities
  
 
 
(99,474)
 
 
(99,800)

Total assets less current liabilities
  
526
200

  

Net assets
  
526
200


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
426
100

  
526
200


The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf 
on
 24 June 2022.


P M Dodd Esq
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
FREIGHT AGENCIES FORWARDING (2010) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022

1.


General information

The company is incorporated in England and Wales. The registered office address of the company is 46D Shed, Tilbury Docks, Tilbury, Essex, RM18 7HS. The principal activity of the company is that of a holding company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.4

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

 
2.7

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 2

 
FREIGHT AGENCIES FORWARDING (2010) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022

2.Accounting policies (continued)

 
2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 2).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 February 2021
100,000



At 31 January 2022
100,000





Subsidiary undertaking


The following was a subsidiary undertaking of the company:

Name

Class of shares

Holding

Freight Agencies Forwarding Limited
Ordinary £1
100%

The aggregate of the share capital and reserves as at 31 January 2022 and the profit or loss for the year ended on that date for the subsidiary undertaking were as follows:

Name
Aggregate of share capital and reserves
Profit/(Loss)

Freight Agencies Forwarding Limited
415,367
167,620

Page 3

 
FREIGHT AGENCIES FORWARDING (2010) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022

5.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
130,935
77,532

130,935
77,532



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Amounts owed to group undertakings
224,007
170,992

Corporation tax
70
8

Other creditors
6,332
6,332

230,409
177,332



7.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



80 Ordinary 'A' shares of £1 each
80
80
20 Ordinary 'B' shares of £1 each
20
20

100

100


 
Page 4