13 April 2023 false Taxfiler 2024.5 14799302business:PrivateLimitedCompanyLtd2023-04-132024-03-31 147993022023-04-12 147993022023-04-132024-03-31 14799302business:AuditExemptWithAccountantsReport2023-04-132024-03-31 14799302business:AbridgedAccounts2023-04-132024-03-31 147993022024-03-31 14799302business:Director12023-04-132024-03-31 14799302business:RegisteredOffice2023-04-132024-03-31 14799302core:WithinOneYear2024-03-31 14799302core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 14799302core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 14799302core:PreviouslyStatedAmount2024-03-31 14799302business:SmallEntities2023-04-132024-03-31 14799302countries:EnglandWales2023-04-132024-03-31 14799302business:OrdinaryShareClass12023-04-132024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14799302 (England and Wales)
I.E. Freight Ltd Unaudited accounts for the period from 13 April 2023 to 31 March 2024
I.E. Freight Ltd Unaudited accounts Contents
Page
- 2 -
I.E. Freight Ltd Company Information for the period from 13 April 2023 to 31 March 2024
Director
Philip Davies
Company Number
14799302 (England and Wales)
Registered Office
14 Kingland Road Cardiff CF14 2EJ
Accountants
Evans Entwistle Venta House Maes-glas Newport NP20 2NS
- 3 -
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of I.E. Freight Ltd for the period from 13 April 2023 to 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of I.E. Freight Ltd for the period from 13 April 2023 to 31 March 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Venta House Maes-glas Newport NP20 2NS 16 August 2024
- 4 -
I.E. Freight Ltd Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Current assets
Debtors
194 
Cash at bank and in hand
22,437 
22,631 
Creditors: amounts falling due within one year
(14,412)
Net current assets
8,219 
Net assets
8,219 
Capital and reserves
Called up share capital
1 
Profit and loss account
8,218 
Shareholders' funds
8,219 
For the period ending 31 March 2024 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.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 16 August 2024 and were signed on its behalf by
Philip Davies Director Company Registration No. 14799302
- 5 -
I.E. Freight Ltd Notes to the Accounts for the period from 13 April 2023 to 31 March 2024
1
Statutory information
I.E. Freight Ltd is a private company, limited by shares, registered in England and Wales, registration number 14799302. The registered office is 14 Kingland Road, Cardiff, CF14 2EJ.
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 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Share capital
2024 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
5
Average number of employees
During the period the average number of employees was 0.
- 6 -