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REGISTERED NUMBER: 08996868 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Trafertir International Transport Ltd

Trafertir International Transport Ltd (Registered number: 08996868)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 7

Trafertir International Transport Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: S K Bowden





REGISTERED OFFICE: Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ





BUSINESS ADDRESS: 1 Apollo Business Park
Paycocke Road
Basildon
Essex
SS14 3NW





REGISTERED NUMBER: 08996868 (England and Wales)





ACCOUNTANTS: Xeinadin Billericay Limited
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ

Trafertir International Transport Ltd (Registered number: 08996868)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 39,000 55,452

CURRENT ASSETS
Debtors 5 1,153,399 1,032,544
Cash at bank and in hand 1,043,671 1,090,209
2,197,070 2,122,753
CREDITORS
Amounts falling due within one year 6 1,918,776 1,683,686
NET CURRENT ASSETS 278,294 439,067
TOTAL ASSETS LESS CURRENT
LIABILITIES

317,294

494,519

CREDITORS
Amounts falling due after more than one
year

7

(41,709

)

(87,162

)

PROVISIONS FOR LIABILITIES (6,983 ) (10,104 )
NET ASSETS 268,602 397,253

CAPITAL AND RESERVES
Called up share capital 10 25,000 25,000
Retained earnings 243,602 372,253
SHAREHOLDERS' FUNDS 268,602 397,253

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Trafertir International Transport Ltd (Registered number: 08996868)

Balance Sheet - continued
30 June 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 January 2025 and were signed by:





S K Bowden - Director


Trafertir International Transport Ltd (Registered number: 08996868)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Trafertir International Transport Ltd 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 represents the fair value net invoiced sales of freight forwarding services, excluding value added tax, (having regard to the fulfilment of contractual obligations).

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - Over the period of the lease
Plant and machinery etc - 33% on cost and 25% on reducing balance

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Trafertir International Transport Ltd (Registered number: 08996868)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 25 (2023 - 25 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 19,699 100,249 119,948
Disposals - (18,350 ) (18,350 )
At 30 June 2024 19,699 81,899 101,598
DEPRECIATION
At 1 July 2023 4,663 59,833 64,496
Charge for year 3,969 12,482 16,451
Eliminated on disposal - (18,349 ) (18,349 )
At 30 June 2024 8,632 53,966 62,598
NET BOOK VALUE
At 30 June 2024 11,067 27,933 39,000
At 30 June 2023 15,036 40,416 55,452

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 954,278 833,852
Other debtors 199,121 198,692
1,153,399 1,032,544

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 45,454 45,454
Trade creditors 959,795 964,351
Amounts owed to group undertakings 299,350 176,876
Taxation and social security 80,597 74,624
Other creditors 533,580 422,381
1,918,776 1,683,686

Trafertir International Transport Ltd (Registered number: 08996868)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 41,709 87,162

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.6.24 30.6.23
£    £   
Within one year 245,810 245,810
Between one and five years 423,842 669,652
669,652 915,462

9. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Bank loans 87,163 132,616

The bank loan is secured by a fixed charge over accounts and the bank facilities are secured by a debenture incorporating fixed and floating charges over the assets of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
25,000 Ordinary £1 25,000 25,000

11. PARENT UNDERTAKING

The company is wholly owned by Trafertir (UK) Ltd.

The registered office and business address of the parent company is the same as Trafertir International Transport Ltd.

Accountants' Report to the Director
on the Unaudited Financial Statements of
Trafertir International Transport Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Trafertir International Transport Ltd for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the director of Trafertir International Transport Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Trafertir International Transport Ltd and state those matters that we have agreed to state to the director of Trafertir International Transport Ltd in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Trafertir International Transport Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Trafertir International Transport Ltd. You consider that Trafertir International Transport Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Trafertir International Transport Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Xeinadin Billericay Limited
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ


20 January 2025