Container Freight Services Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 09846720 (England and Wales)

Unaudited Financial Statements

for the Period 28 October 2015 to 31 December 2016

for

Container Freight Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Savage

SECRETARY:

Mrs N Manolache

REGISTERED OFFICE:

67 Westow Street

Upper Norwood

London

SE19 3RW

REGISTERED NUMBER:

09846720 (England and Wales)

ACCOUNTANTS:

Chelepis Watson Limited

Chartered Accountants

67 Westow Street

Upper Norwood

London

SE19 3RW

CURRENT ASSETS

Debtors

5

71,060

Cash at bank and in hand

39,622

110,682

CREDITORS

Amounts falling due within one year

6

61,246

NET CURRENT ASSETS

49,436

TOTAL ASSETS LESS CURRENT LIABILITIES

49,436

CAPITAL AND RESERVES

Called up share capital

7

1

Retained earnings

8

49,435

SHAREHOLDERS' FUNDS

49,436

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2016 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 25 July 2017 and were signed by:

M Savage - Director

1.	STATUTORY INFORMATION

Container Freight Services Limited 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.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. These are the company's first set of financial statements prepared in accordance with FRS 102 section 1A. There were no transition adjustments.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the recognition of certain

financial assets and liabilities measured at fair value.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

Deferred tax

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

where transactions or events that result in an obligation to pay more, or a right to pay less, tax in the future have occurred at

the balance sheet date.

This is subject to deferred tax assets only being recognised if it is considered more likely than not that there will be suitable

profits from which the future reversal of the underlying timing differences can be deducted.

Timing differences are differences arising between the Company's taxable profits and its results as stated in the financial

statements, which are capable of reversal in one or more subsequent periods.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

61,860

Other debtors

9,200

71,060

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

45,600

Taxation and social security

13,596

Other creditors

2,050

61,246

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary shares

£1

1

1 Ordinary shares share of £1 was allotted and fully paid for cash at par during the period.

8.

RESERVES

Retained

earnings

£

Profit for the period

49,435

At 31 December 2016

49,435