Abbreviated Company Accounts - YFT LOGISTICS LIMITED

06906290 YFT LOGISTICS LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 06906290 2013-05-01 2014-04-30 06906290 2014-04-30 06906290 2013-04-30 06906290 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 06906290 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2013-04-30 iso4217:GBP shares

Registered Number 06906290

YFT LOGISTICS LIMITED

Abbreviated Accounts

30 April 2014

YFT LOGISTICS LIMITED Registered Number 06906290

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	24,151	84,575
		24,151	84,575
Current assets
Debtors		17,874	13,804
Cash at bank and in hand		82,824	53,992
		100,698	67,796
Creditors: amounts falling due within one year		(33,880)	(56,769)
Net current assets (liabilities)		66,818	11,027
Total assets less current liabilities		90,969	95,602
Total net assets (liabilities)		90,969	95,602
Capital and reserves
Called up share capital	3	1,002	1,002
Profit and loss account		89,967	94,600
Shareholders' funds		90,969	95,602

For the year ending 30 April 2014 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 22 July 2014

And signed on their behalf by:
Mrs Y Fitzsimmons, Director

YFT LOGISTICS LIMITED Registered Number 06906290

Notes to the Abbreviated Accounts for the period ended 30 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and comply with financial reporting standards of the Accounting Standards Board.
The company has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small company.

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:
Land & Buildings - No depreciation.
Plant and Machinery - 25% reducing
Fixtures, Fittings and Equipment - 25% Straight line

2Tangible fixed assets

	£
Cost
At 1 May 2013	86,893
Additions	662
Disposals	(60,638)
Revaluations	-
Transfers	-
At 30 April 2014	26,917
Depreciation
At 1 May 2013	2,318
Charge for the year	448
On disposals	-
At 30 April 2014	2,766
Net book values
At 30 April 2014	24,151
At 30 April 2013	84,575

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000
2 B Ordinary shares of £1 each	2	2