Abbreviated Company Accounts - GLOBE SPRINTER LOGISTICS LTD

09041764 GLOBE SPRINTER LOGISTICS LTD 2016-05-31 false 2015-06-01 2016-05-31 true 09041764 2015-06-01 2016-05-31 09041764 2016-05-31 09041764 2015-05-31 09041764 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 09041764 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:Director3 2015-06-01 2016-05-31 uk-gaap-cd-bus:Director3 2016-05-31 uk-gaap-cd-bus:Director3 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 09041764

GLOBE SPRINTER LOGISTICS LTD

Abbreviated Accounts

31 May 2016

GLOBE SPRINTER LOGISTICS LTD Registered Number 09041764

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	12,929	1,200
Investments		-	-
		12,929	1,200
Current assets
Stocks		-	-
Debtors		4,423	2,299
Investments		-	-
Cash at bank and in hand		11,043	547
		15,466	2,846
Creditors: amounts falling due within one year		(21,028)	(4,010)
Net current assets (liabilities)		(5,562)	(1,164)
Total assets less current liabilities		7,367	36
Creditors: amounts falling due after more than one year		0	-
Total net assets (liabilities)		7,367	36
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		7,366	35
Shareholders' funds		7,367	36

For the year ending 31 May 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 17 August 2017

And signed on their behalf by:
Buuzabalyawo Ndaaga, Director
NA, Director

GLOBE SPRINTER LOGISTICS LTD Registered Number 09041764

Notes to the Abbreviated Accounts for the period ended 31 May 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.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over the expected useful economic lives using the reducing method at 25%.

2Tangible fixed assets

	£
Cost
At 1 June 2015	1,600
Additions	15,520
Disposals	(3,450)
Revaluations	0
Transfers	0
At 31 May 2016	13,670
Depreciation
At 1 June 2015	400
Charge for the year	780
On disposals	(439)
At 31 May 2016	741
Net book values
At 31 May 2016	12,929
At 31 May 2015	1,200

Depreciation method and rate is 25% reducing balance

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

	2016 £	2015 £
100 Ordinary shares of £0.01 each	1	1

The company is owned by the director who owns 100% of the called up share capital

4Transactions with directors

Name of director receiving advance or credit:	B Ndaaga
Description of the transaction:	Director Loan
Balance at 1 June 2015:	£ 2,178
Advances or credits made:	£ 6,434
Advances or credits repaid:	-
Balance at 31 May 2016:	£ 8,612