A2B Online Transport Limited - Accounts to registrar (filleted) - small 17.3

A2B Online Transport Limited - Accounts to registrar (filleted) - small 17.3

A2B ONLINE TRANSPORT LIMITED - Company Information

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REGISTERED NUMBER: 07482330 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2017

FOR

A2B ONLINE TRANSPORT LIMITED
A2B ONLINE TRANSPORT LIMITED (REGISTERED NUMBER: 07482330)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31st December 2017




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


A2B ONLINE TRANSPORT LIMITED

COMPANY INFORMATION
For The Year Ended 31st December 2017







DIRECTOR: M Scheijde



REGISTERED OFFICE: Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ



REGISTERED NUMBER: 07482330 (England and Wales)



ACCOUNTANTS: Ballams
Chartered Accountants
Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ



BANKERS: ING Bank N.V.
London Branch
60 London Wall
London
EC2M 5TQ
Page 1
A2B ONLINE TRANSPORT LIMITED (REGISTERED NUMBER: 07482330)

STATEMENT OF FINANCIAL POSITION
31st December 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 47,816 29,102

CURRENT ASSETS
Debtors 5 815,360 284,554
Cash at bank 62,205 22,024
877,565 306,578
CREDITORS
Amounts falling due within one year 6 702,427 134,163
NET CURRENT ASSETS 175,138 172,415
TOTAL ASSETS LESS CURRENT
LIABILITIES
222,954
201,517

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 222,854 201,417
SHAREHOLDERS' FUNDS 222,954 201,517

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2017 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 notes form part of these financial statements

Page 2 continued...
A2B ONLINE TRANSPORT LIMITED (REGISTERED NUMBER: 07482330)

STATEMENT OF FINANCIAL POSITION - continued
31st December 2017


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 29th March 2018 and were signed by:





M Scheijde - Director


The notes form part of these financial statements

Page 3
A2B ONLINE TRANSPORT LIMITED (REGISTERED NUMBER: 07482330)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31st December 2017

1. STATUTORY INFORMATION

A2B Online Transport 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of
financial assets and liabilities like trade and other accounts receivable and payable and loans with
related parties.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables,
are measured at the undiscounted amount of the cash or other consideration expected to be paid or
received. Debt instruments that are repayable or receivable after one year are initially measured at the
present value of the future cash flows and subsequently at amortised cost using the effective interest
method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial
year for evidence of impairment. If objective evidence of impairment is found an impairment loss is
recognised in the Income Statement.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the statement of financial position date.


Page 4 continued...
A2B ONLINE TRANSPORT LIMITED (REGISTERED NUMBER: 07482330)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31st December 2017

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable
profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period
of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2016 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1st January 2017 30,402
Additions 27,000
At 31st December 2017 57,402
DEPRECIATION
At 1st January 2017 1,300
Charge for year 8,286
At 31st December 2017 9,586
NET BOOK VALUE
At 31st December 2017 47,816
At 31st December 2016 29,102

Page 5 continued...
A2B ONLINE TRANSPORT LIMITED (REGISTERED NUMBER: 07482330)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31st December 2017

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 29,378 3,074
Amounts owed by group undertakings 119,798 10,359
Other debtors 46,351 32,725
VAT 167,979 96,446
Prepayments 451,854 141,950
815,360 284,554

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 440,487 92,820
Amounts owed to group undertakings 221,025 10,631
Tax 18,524 17,321
Social security and other taxes 10,900 4,889
Net wages 7,894 4,168
Accrued expenses 3,597 4,334
702,427 134,163

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2017 2016
£    £   
Within one year 74,411 -
Between one and five years - 111,617
In more than five years 603,840 -
678,251 111,617

Page 6