T Logistics Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05685590 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

T Logistics Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr D Vida

REGISTERED OFFICE:

1st Floor

314 Regents Park Road

Finchley

London

N3 2LT

REGISTERED NUMBER:

05685590 (England and Wales)

ACCOUNTANTS:

Wolfson Associates Limited

1st Floor

314 Regents Park Road

Finchley

London

N3 2LT

FIXED ASSETS

Tangible assets

2

1,175

433

CURRENT ASSETS

Debtors

1,116

14,252

Cash at bank

30,727

62,986

31,843

77,238

CREDITORS

Amounts falling due within one year

22,893

25,835

NET CURRENT ASSETS

8,950

51,403

TOTAL ASSETS LESS CURRENT LIABILITIES

10,125

51,836

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

10,025

51,736

SHAREHOLDERS' FUNDS

10,125

51,836

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 4 June 2014 and were signed by:

Mr D Vida - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Foreign currencies

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

578

Additions

1,182

At 31 March 2014

1,760

DEPRECIATION

At 1 April 2013

145

Charge for year

440

At 31 March 2014

585

NET BOOK VALUE

At 31 March 2014

1,175

At 31 March 2013

433

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 1 April 2013 the director's loan account had a credit balance of £9,924. During the year, the director

paid expenses on behalf of the company of £7,973 . As a result, at the year end 31 March 2014 the

company owed £17,898 to the director.

5.	ULTIMATE CONTROLLING PARTY

There is no controlling party of the company with both the shareholders having an equal holding of the

issued share capital.