ARAB CARGO COMPANY LIMITED

ARAB CARGO COMPANY LIMITED

ARAB CARGO COMPANY LIMITED - Company Information

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ARAB CARGO COMPANY LIMITED

Company Registration Number:
02873699 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2021

Period of accounts

Start date: 01 November 2020

End date: 31 October 2021

ARAB CARGO COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2021

Balance sheet
Notes

ARAB CARGO COMPANY LIMITED

Balance sheet

As at 31 October 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 197,444 201,112
Total fixed assets: 197,444 201,112
Current assets
Debtors:   982,687 686,378
Cash at bank and in hand: 176,803 165,171
Total current assets: 1,159,490 851,549
Creditors: amounts falling due within one year:   (533,589) (243,773)
Net current assets (liabilities): 625,901 607,776
Total assets less current liabilities: 823,345 808,888
Creditors: amounts falling due after more than one year:   (46,913) (74,423)
Provision for liabilities: (12,480) (11,457)
Total net assets (liabilities): 763,952 723,008
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 763,852 722,908
Shareholders funds: 763,952 723,008

The notes form part of these financial statements

ARAB CARGO COMPANY LIMITED

Balance sheet statements

For the year ending 31 October 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 July 2022
and signed on behalf of the board by:

Name: Mr Mahmoud Keder Agha Hjrous
Status: Director

The notes form part of these financial statements

ARAB CARGO COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ARAB CARGO COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2021

2. Employees

2021 2020
Average number of employees during the period 24 25

ARAB CARGO COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2021

3. Tangible Assets

Total
Cost £
At 01 November 2020 518,046
Additions 46,914
At 31 October 2021 564,960
Depreciation
At 01 November 2020 316,934
Charge for year 50,582
At 31 October 2021 367,516
Net book value
At 31 October 2021 197,444
At 31 October 2020 201,112