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REGISTERED NUMBER: 07113263 (England and Wales)






























Financial Statements

for the Year Ended 31 December 2016

for

Supply Express Ltd

Supply Express Ltd (Registered number: 07113263)






Contents of the Financial Statements
for the Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Supply Express Ltd

Company Information
for the Year Ended 31 December 2016







DIRECTOR: M Kafaei





REGISTERED OFFICE: 42 Sandringham Road
Watford
Hertfordshire
WD24 7BB





REGISTERED NUMBER: 07113263 (England and Wales)





ACCOUNTANTS: Walji & Associates
336 Pinner Road
Harrow
Middlesex
HA1 4LB

Supply Express Ltd (Registered number: 07113263)

Balance Sheet
31 December 2016

31.12.16 31.12.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,523 12,115

CURRENT ASSETS
Stocks 8,263 -
Debtors 5 595 368
Cash at bank and in hand 18,678 10,792
27,536 11,160
CREDITORS
Amounts falling due within one year 6 23,507 11,701
NET CURRENT ASSETS/(LIABILITIES) 4,029 (541 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,552

11,574

CAPITAL AND RESERVES
Called up share capital 6 2
Retained earnings 13,546 11,572
SHAREHOLDERS' FUNDS 13,552 11,574

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

The members have not required the company to obtain an audit of its financial statements for the year 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 14 June 2017 and were signed by:





M Kafaei - Director


Supply Express Ltd (Registered number: 07113263)

Notes to the Financial Statements
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

Supply Express Ltd 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 etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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 balance sheet date.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

Supply Express Ltd (Registered number: 07113263)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2016 16,449
Additions 583
At 31 December 2016 17,032
DEPRECIATION
At 1 January 2016 4,334
Charge for year 3,175
At 31 December 2016 7,509
NET BOOK VALUE
At 31 December 2016 9,523
At 31 December 2015 12,115

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade debtors 595 368

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade creditors 2,110 4,404
Taxation and social security 3,579 1,574
Other creditors 17,818 5,723
23,507 11,701