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REGISTERED NUMBER: 04760770 (England and Wales)






















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

TFA LOGISTICS & DISTRIBUTION LIMITED

TFA LOGISTICS & DISTRIBUTION LIMITED (REGISTERED NUMBER: 04760770)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TFA LOGISTICS & DISTRIBUTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTORS: A Cronin
C Verrall





SECRETARY: F C King





REGISTERED OFFICE: 83
Cambridge Street
Pimlico
London
SW1V 4PS





REGISTERED NUMBER: 04760770 (England and Wales)





ACCOUNTANTS: George Hay & Company
Chartered Accountants
83 Cambridge Street
London
SW1V 4PS

TFA LOGISTICS & DISTRIBUTION LIMITED (REGISTERED NUMBER: 04760770)

BALANCE SHEET
31ST DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,174 1,565

CURRENT ASSETS
Debtors 5 929,978 1,081,850
Cash at bank 801,894 352,982
1,731,872 1,434,832
CREDITORS
Amounts falling due within one year 6 401,311 372,515
NET CURRENT ASSETS 1,330,561 1,062,317
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,331,735

1,063,882

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,331,734 1,063,881
SHAREHOLDERS' FUNDS 1,331,735 1,063,882

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 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.

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 & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16th September 2024 and were signed on its behalf by:





C Verrall - Director


TFA LOGISTICS & DISTRIBUTION LIMITED (REGISTERED NUMBER: 04760770)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023

1. STATUTORY INFORMATION

TFA Logistics & Distribution 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% reducing balance

Financial instruments
The Company only enters into basic financial instruments 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 non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 9 ) .

TFA LOGISTICS & DISTRIBUTION LIMITED (REGISTERED NUMBER: 04760770)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st January 2023
and 31st December 2023 15,752
DEPRECIATION
At 1st January 2023 14,187
Charge for year 391
At 31st December 2023 14,578
NET BOOK VALUE
At 31st December 2023 1,174
At 31st December 2022 1,565

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 884,330 969,701
Other debtors 32,436 32,436
Guarantee deposits - 55,000
VAT 13,212 13,113
Prepayments - 11,600
929,978 1,081,850

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 291,831 339,147
Tax 78,028 -
Social security and other taxes 7,588 7,368
Accrued expenses 23,864 26,000
401,311 372,515