Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302023-07-014No description of principal activityfalse4falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01629283 2023-07-01 2024-06-30 01629283 2024-06-30 01629283 2022-07-01 2023-06-30 01629283 2023-06-30 01629283 c:CompanySecretary1 2023-07-01 2024-06-30 01629283 c:Director1 2023-07-01 2024-06-30 01629283 c:Director2 2023-07-01 2024-06-30 01629283 c:RegisteredOffice 2023-07-01 2024-06-30 01629283 d:Buildings d:ShortLeaseholdAssets 2023-07-01 2024-06-30 01629283 d:Buildings d:ShortLeaseholdAssets 2024-06-30 01629283 d:Buildings d:ShortLeaseholdAssets 2023-06-30 01629283 d:FurnitureFittings 2023-07-01 2024-06-30 01629283 d:FurnitureFittings 2024-06-30 01629283 d:FurnitureFittings 2023-06-30 01629283 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 01629283 d:ComputerEquipment 2023-07-01 2024-06-30 01629283 d:ComputerEquipment 2024-06-30 01629283 d:ComputerEquipment 2023-06-30 01629283 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 01629283 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 01629283 d:CurrentFinancialInstruments 2024-06-30 01629283 d:CurrentFinancialInstruments 2023-06-30 01629283 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 01629283 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 01629283 d:ShareCapital 2024-06-30 01629283 d:ShareCapital 2023-06-30 01629283 d:SharePremium 2024-06-30 01629283 d:SharePremium 2023-06-30 01629283 d:CapitalRedemptionReserve 2024-06-30 01629283 d:CapitalRedemptionReserve 2023-06-30 01629283 d:RetainedEarningsAccumulatedLosses 2024-06-30 01629283 d:RetainedEarningsAccumulatedLosses 2023-06-30 01629283 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2023-07-01 2024-06-30 01629283 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-06-30 01629283 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2023-06-30 01629283 c:FRS102 2023-07-01 2024-06-30 01629283 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 01629283 c:FullAccounts 2023-07-01 2024-06-30 01629283 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 01629283 2 2023-07-01 2024-06-30 01629283 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Company registration number: 01629283







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2024


T.F.S. CARGO SERVICES LIMITED






































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T.F.S. CARGO SERVICES LIMITED
 


 
COMPANY INFORMATION


Directors
D A Kirby 
M A Kirby 




Company secretary
R A Kirby



Registered number
01629283



Registered office
Unit H 5 -6
Horton Road

Colnbrook

Slough

SL3 0DF




Accountants
Menzies LLP
Chartered Accountants

1st Floor

Midas House

62 Goldsworth Road

Woking

Surrey

GU21 6LQ





 


T.F.S. CARGO SERVICES LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


T.F.S. CARGO SERVICES LIMITED
REGISTERED NUMBER:01629283



STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
916
4,244

  
916
4,244

Current assets
  

Debtors: amounts falling due within one year
 5 
210,228
172,847

Bank and cash balances
  
389,413
350,421

  
599,641
523,268

Creditors: amounts falling due within one year
 6 
(338,116)
(293,864)

Net current assets
  
 
 
261,525
 
 
229,404

Total assets less current liabilities
  
262,441
233,648

Provisions for liabilities
  

Other provisions
 7 
(16,950)
(12,750)

  
 
 
(16,950)
 
 
(12,750)

Net assets
  
245,491
220,898


Capital and reserves
  

Called up share capital 
  
11,000
11,000

Share premium account
  
9,450
9,450

Capital redemption reserve
  
10,000
10,000

Profit and loss account
  
215,041
190,448

  
245,491
220,898


Page 1

 


T.F.S. CARGO SERVICES LIMITED
REGISTERED NUMBER:01629283


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
D A Kirby
Director

Date: 7 January 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


T.F.S. CARGO SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

T.F.S Cargo Services Limited is a private company, limited by shares, incorporated in the United Kingdom under the
Companies Act 2006, and registered in England and Wales. The registered office and principal place of business are the same and can be found on the Company Information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 


T.F.S. CARGO SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Leasehold improvements
-
5 years straight line
Fixtures and fittings
-
5 years straight line
Computer equipment
-
4 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 


T.F.S. CARGO SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.8

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

 
2.9

Financial instruments

The Company only enters into basic financial instrument 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 ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).


4.


Tangible fixed assets





Leasehold improvements
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2023
23,431
18,546
4,922
46,899


Additions
-
361
839
1,200



At 30 June 2024

23,431
18,907
5,761
48,099



Depreciation


At 1 July 2023
19,890
17,846
4,919
42,655


Charge for the year on owned assets
3,540
776
212
4,528



At 30 June 2024

23,430
18,622
5,131
47,183



Net book value



At 30 June 2024
1
285
630
916



At 30 June 2023
3,541
700
3
4,244

Page 5

 


T.F.S. CARGO SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£


Trade debtors
168,904
131,505

Other debtors
21,418
20,891

Prepayments and accrued income
19,906
20,451

210,228
172,847



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
317,318
270,552

Corporation tax
11,649
12,066

Other taxation and social security
3,270
3,205

Other creditors
-
3,142

Accruals and deferred income
5,879
4,899

338,116
293,864



7.


Provisions





Dilapidation provision

£





At 1 July 2023
12,750


Charged to profit or loss
4,200



At 30 June 2024
16,950

 
Page 6