ACCOUNTS - Final Accounts preparation

Company registration number: 01629283

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 30 JUNE 2025

	T.F.S. CARGO SERVICES LIMITED


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
	2nd 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 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		143		916
			143		916
Current assets
Debtors: amounts falling due within one year	5	213,892		210,228
Bank and cash balances		507,202		389,413
		721,094		599,641
Creditors: amounts falling due within one year	6	(362,161)		(338,116)
Net current assets			358,933		261,525
Total assets less current liabilities			359,076		262,441
Provisions for liabilities
Other provisions	7	(16,460)		(16,950)
			(16,460)		(16,950)
Net assets			342,616		245,491

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	312,166	215,041
	342,616	245,491

Page 1


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

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 JUNE 2025

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: 12 January 2026

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 2025

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 2025

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 2025

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.

Employees

The average monthly number of employees, including directors, during the year was 4 (2024 - 4).

4.	Tangible fixed assets

	Leasehold improvements	Fixtures and fittings	Computer equipment	Total
	£	£	£	£
Cost or valuation
At 1 July 2024	23,431	18,907	5,761	48,099
Additions	-	701	-	701
At 30 June 2025	23,431	19,608	5,761	48,800
Depreciation
At 1 July 2024	23,430	18,622	5,131	47,183
Charge for the year on owned assets	-	845	629	1,474
At 30 June 2025	23,430	19,467	5,760	48,657
Net book value
At 30 June 2025	1	141	1	143
At 30 June 2024	1	285	630	916

Page 5


T.F.S. CARGO SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Debtors

					2025	2024
					£	£


Trade debtors	161,731	168,904
Other debtors	29,256	21,418
Prepayments and accrued income	22,905	19,906
	213,892	210,228

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	306,341	317,318
Corporation tax	36,671	11,649
Other taxation and social security	3,584	3,270
Accruals and deferred income	15,565	5,879
	362,161	338,116

7.	Provisions

		Dilapidation provision
		£

	At 1 July 2024	16,950
	Charged to profit or loss	(490)
	At 30 June 2025	16,460

Page 6