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Company Registration No. 06906290 (England and Wales)
YFT Logistics Limited Unaudited accounts for the year ended 30 April 2023
YFT Logistics Limited Unaudited accounts Contents
Page
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YFT Logistics Limited Company Information for the year ended 30 April 2023
Directors
T W J Fitzsimmons Y B Fitzsimmons
Company Number
06906290 (England and Wales)
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YFT Logistics Limited Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,034 
4,526 
Current assets
Debtors
90,877 
92,936 
Cash at bank and in hand
517,239 
589,265 
608,116 
682,201 
Creditors: amounts falling due within one year
(250,853)
(321,905)
Net current assets
357,263 
360,296 
Net assets
360,297 
364,822 
Capital and reserves
Called up share capital
1,002 
1,002 
Profit and loss account
359,295 
363,820 
Shareholders' funds
360,297 
364,822 
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 10 November 2023 and were signed on its behalf by
Y B Fitzsimmons Director Company Registration No. 06906290
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YFT Logistics Limited Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
YFT Logistics Limited is a private company, limited by shares, registered in England and Wales, registration number 06906290.
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 as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% straight line
Fixtures & fittings
25% straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2022
5,448 
30,004 
17,760 
53,212 
Disposals
- 
(30,004)
- 
(30,004)
At 30 April 2023
5,448 
- 
17,760 
23,208 
Depreciation
At 1 May 2022
5,240 
30,004 
13,442 
48,686 
Charge for the year
52 
- 
1,440 
1,492 
On disposals
- 
(30,004)
- 
(30,004)
At 30 April 2023
5,292 
- 
14,882 
20,174 
Net book value
At 30 April 2023
156 
- 
2,878 
3,034 
At 30 April 2022
208 
- 
4,318 
4,526 
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YFT Logistics Limited Notes to the Accounts for the year ended 30 April 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
78,510 
87,099 
Other debtors
12,367 
5,837 
90,877 
92,936 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
165,151 
140,855 
Taxes and social security
23,210 
62,023 
Other creditors
61,292 
119,027 
Accruals
1,200 
- 
250,853 
321,905 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
2 B Ordinary shares of £1 each
2 
2 
1,002 
1,002 
8
Average number of employees
During the year the average number of employees was 3 (2022: 4).
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