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Company Registration No. 06467873 (England and Wales)
Focus International Logistics Limited Unaudited filleted accounts for the year ended 31 March 2023
Focus International Logistics Limited Unaudited filleted accounts Contents
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Focus International Logistics Limited Company Information for the year ended 31 March 2023
Director
Richard William Chatburn
Company Number
06467873 (England and Wales)
Registered Office
3 Stirling Court Stirling Way Borehamwood Hertfordshire WD6 2FX
Accountants
1g Accountants 71 Cheyne Walk London NW4 3QU
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Focus International Logistics Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,671 
9,442 
Current assets
Debtors
356,512 
614,328 
Cash at bank and in hand
353,914 
330,261 
710,426 
944,589 
Creditors: amounts falling due within one year
(334,782)
(624,172)
Net current assets
375,644 
320,417 
Total assets less current liabilities
384,315 
329,859 
Provisions for liabilities
Deferred tax
(1,647)
(1,794)
Net assets
382,668 
328,065 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
382,468 
327,865 
Shareholders' funds
382,668 
328,065 
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 October 2023 and were signed on its behalf by
Richard William Chatburn Director Company Registration No. 06467873
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Focus International Logistics Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Focus International Logistics Limited is a private company, limited by shares, registered in England and Wales, registration number 06467873. The registered office is 3 Stirling Court, Stirling Way, Borehamwood, Hertfordshire, WD6 2FX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, recharges of import duties paid out on behalf of clients, value added tax and other sales taxes.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government Coronavirus Job Retention Scheme grants in relation to wages expenditure are credited when the related expenditure is charged to profit and loss.
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Focus International Logistics Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
19,400 
- 
19,400 
Additions
- 
1,411 
1,411 
At 31 March 2023
19,400 
1,411 
20,811 
Depreciation
At 1 April 2022
9,958 
- 
9,958 
Charge for the year
1,888 
294 
2,182 
At 31 March 2023
11,846 
294 
12,140 
Net book value
At 31 March 2023
7,554 
1,117 
8,671 
At 31 March 2022
9,442 
- 
9,442 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
15,181 
25,345 
Trade debtors
339,546 
587,711 
Accrued income and prepayments
1,785 
1,272 
356,512 
614,328 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
298,217 
582,836 
Taxes and social security
30,211 
25,024 
Other creditors
574 
2,839 
Loans from directors
663 
225 
Accruals
5,117 
13,248 
334,782 
624,172 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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