REGISTERED NUMBER: 04741281 (England and Wales)

100+ LOGISTICS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

72,841

53,499

CURRENT ASSETS

Stocks

31,157

-

Debtors

319,539

289,934

Cash at bank

116,021

65,434

466,717

355,368

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

347,645

346,667

NET CURRENT ASSETS

119,072

8,701

TOTAL ASSETS LESS CURRENT LIABILITIES

191,913

62,200

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

26,209

12,763

NET ASSETS

165,704

49,437

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

165,604

49,337

SHAREHOLDERS' FUNDS

165,704

49,437

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 15 April 2016 and were signed on its behalf by:

B Tullett - Director

1.	ACCOUNTING POLICIES

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting

Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied

consistently (except as otherwise stated).

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

10% on cost

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line

basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

142,804

Additions

44,750

Disposals

(21,283

)

At 31 December 2015

166,271

DEPRECIATION

At 1 January 2015

89,305

Charge for year

23,883

Eliminated on disposal

(19,758

)

At 31 December 2015

93,430

NET BOOK VALUE

At 31 December 2015

72,841

At 31 December 2014

53,499

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary shares

£1

100

100