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Registered Number: 14643986


 

 

 

FREIGHTEX INTERNATIONAL LTD


Abridged Accounts
 


Period of accounts

Start date: 29 February 2024

End date: 28 February 2025
Accountants report
You consider that the company is exempt from an audit for the year ended 28 February 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.



....................................................

Xolun Limited

Deansgate
62-70 Tettenhall Road
Wolverhampton
WV1 4TH
17 March 2025
1
 
 
Notes
 
2025
£
Fixed assets    
Tangible fixed assets 3 853 
853 
Current assets    
Debtors 86,860 
Cash at bank and in hand 78,809 
165,669 
Creditors: amount falling due within one year (103,486)
Net current assets 62,183 
 
Total assets less current liabilities 63,036 
Net assets 63,036 
 

Capital and reserves
   
Called up share capital 100 
Profit and loss account 62,936 
Shareholders' funds 63,036 
 


For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 17 March 2025 and were signed on its behalf by:


-------------------------------
Pardip Singh Deol
Director
2
General Information
Freightex International Ltd is a private company, limited by shares, registered in , registration number 14643986, registration address 124 City Road , London, EC1V 2NX.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 5 Straight Line
2.

Average number of employees

Average number of employees during the year was 2.
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 29 February 2024  
Additions 1,066    1,066 
Disposals  
At 28 February 2025 1,066    1,066 
Depreciation
At 29 February 2024  
Charge for year 213    213 
On disposals  
At 28 February 2025 213    213 
Net book values
Closing balance as at 28 February 2025 853    853 
Opening balance as at 29 February 2024  


3