Cedar Forwarding Services Limited
|
Registered Number
:
01672057
|
For the year ended 31 December 2019
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2019
Cedar Forwarding Services Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Cedar Forwarding Services Limited
Statement of Financial Position
31/12/2018
31/12/2019
Property
,
plant and equipment
|
13,234
2,177
2
13,234
2,177
Trade and other receivables
|
12,882
61,467
3
60,224
Cash and cash equivalents
|
46,560
108,027
73,106
Trade and other payables
:
amounts falling due within one
|
year
|
(39,189)
(105,936)
4
33,917
2,091
Net current assets
Total assets less current liabilities
|
15,325
36,094
Trade and other payables
:
amounts falling due after more
|
than one year
|
(4,902)
(472)
5
14,853
Net assets
31,192
75
75
14,753
31,092
25
25
14,853
31,192
Shareholders' funds
For the year ended 31 December 2019 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 25 September 2020 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 December 2019
Cedar Forwarding Services Limited
Notes to the Financial Statements
Statutory Information
Cedar Forwarding Services Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
01672057
.
|
TMS House
Cray Avenue
Orpington
BR5 3QB
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
|
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Computer Equipment
Furniture and Fittings
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result.
|
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
|
2 of 4
For the year ended 31 December 2019
Cedar Forwarding Services Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
44,415
-
44,415
14,706
14,594
112
44,527
14,594
59,121
Provision for depreciation and impairment
|
42,238
-
42,238
Charge for year
3,649
3,649
-
45,887
3,649
42,238
2,289
10,945
13,234
2,177
-
2,177
3
.
Trade and other receivables
|
31/12/2018
31/12/2019
57,711
50,388
3,756
(37,506)
12,882
61,467
4
.
Trade and other payables
:
amounts falling due within one year
|
31/12/2018
31/12/2019
34,319
30,442
Taxation and social security
|
14,356
8,747
57,261
-
105,936
39,189
5
.
Trade and other payables
:
amounts falling due after more than one year
|
31/12/2018
31/12/2019
472
4,902
6
.
Average number of persons employed
|
During the year the average number of employees was 2 (2018 : 2)
3 of 4
For the year ended 31 December 2019
Cedar Forwarding Services Limited
Notes to the Financial Statements Continued
4 of 4