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REGISTERED NUMBER: 06656792 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2022

FOR

TRANS GLOBAL LOGISTICS UK LIMITED

TRANS GLOBAL LOGISTICS UK LIMITED (REGISTERED NUMBER: 06656792)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRANS GLOBAL LOGISTICS UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2022







DIRECTORS: A Lester
J M Wetz





REGISTERED OFFICE: 10 Jesus Lane
Cambridge
CB5 8BA





REGISTERED NUMBER: 06656792 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

TRANS GLOBAL LOGISTICS UK LIMITED (REGISTERED NUMBER: 06656792)

BALANCE SHEET
31 JULY 2022

2022 2021
Notes £    £   
FIXED ASSETS
Tangible assets 5 13,462 20,936

CURRENT ASSETS
Debtors 6 176,433 102,011
Cash at bank 1,069,900 888,491
1,246,333 990,502
CREDITORS
Amounts falling due within one year 7 (114,234 ) (133,958 )
NET CURRENT ASSETS 1,132,099 856,544
TOTAL ASSETS LESS CURRENT LIABILITIES 1,145,561 877,480

CAPITAL AND RESERVES
Called up share capital 9 9 9
Retained earnings 1,145,552 877,471
SHAREHOLDERS' FUNDS 1,145,561 877,480

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 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.

TRANS GLOBAL LOGISTICS UK LIMITED (REGISTERED NUMBER: 06656792)

BALANCE SHEET - continued
31 JULY 2022


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

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 and authorised for issue on 31 July 2023 and were signed on its behalf by:





A Lester - Director


TRANS GLOBAL LOGISTICS UK LIMITED (REGISTERED NUMBER: 06656792)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2022

1. STATUTORY INFORMATION

Trans Global Logistics 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is recognised at the point of invoice, and represents the total amount billed for the year in respect of logistics and vehicle processing services, net of value added tax.

Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% straight line

Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2021 - 9 ) .

TRANS GLOBAL LOGISTICS UK LIMITED (REGISTERED NUMBER: 06656792)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2022

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2021 46,670
Additions 2,272
At 31 July 2022 48,942
DEPRECIATION
At 1 August 2021 25,734
Charge for year 9,746
At 31 July 2022 35,480
NET BOOK VALUE
At 31 July 2022 13,462
At 31 July 2021 20,936

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 63,729 43,106
Other debtors 112,704 58,905
176,433 102,011

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 8,229 23,866
Taxation and social security 69,028 40,092
Other creditors 36,977 70,000
114,234 133,958

TRANS GLOBAL LOGISTICS UK LIMITED (REGISTERED NUMBER: 06656792)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2022

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2022 2021
£    £   
Within one year 32,000 32,000
Between one and five years 32,000 64,000
64,000 96,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
9 Ordinary £1 9 9