Registered Number 06906290

YFT LOGISTICS LIMITED

Abbreviated Accounts

30 April 2016

YFT LOGISTICS LIMITED Registered Number 06906290

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 18,263 25,020
18,263 25,020
Current assets
Debtors 45,721 28,330
Cash at bank and in hand 103,569 78,722
149,290 107,052
Creditors: amounts falling due within one year (69,418) (36,606)
Net current assets (liabilities) 79,872 70,446
Total assets less current liabilities 98,135 95,466
Total net assets (liabilities) 98,135 95,466
Capital and reserves
Called up share capital 3 1,002 1,002
Profit and loss account 97,133 94,464
Shareholders' funds 98,135 95,466
  • For the year ending 30 April 2016 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.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 4 August 2016

And signed on their behalf by:
Y Fitzsimmons, Director

YFT LOGISTICS LIMITED Registered Number 06906290

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - 25% Reducing
Fixtures, fittings
and equipment - 25% straight line
Motor vehicles - 25% straight line

2Tangible fixed assets
£
Cost
At 1 May 2015 36,180
Additions 2,113
Disposals -
Revaluations -
Transfers -
At 30 April 2016 38,293
Depreciation
At 1 May 2015 11,160
Charge for the year 8,870
On disposals -
At 30 April 2016 20,030
Net book values
At 30 April 2016 18,263
At 30 April 2015 25,020
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
2 B Ordinary shares of £1 each 2 2
1,000 A Ordinary shares of £1 each 1,000 1,000