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REGISTERED NUMBER: 06405229 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

M J F TRANSPORT & SERVICES LIMITED
M J F TRANSPORT & SERVICES LIMITED (REGISTERED NUMBER: 06405229)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2016










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

M J F TRANSPORT & SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2016







DIRECTORS: M J Fordon
Mrs L E Fordon





REGISTERED OFFICE: 32 St. Margarets Avenue
Cottingham
Hull
HU16 5NF





REGISTERED NUMBER: 06405229 (England and Wales)





ACCOUNTANTS: Sowerby FRS LLP
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF
M J F TRANSPORT & SERVICES LIMITED (REGISTERED NUMBER: 06405229)

BALANCE SHEET
31 December 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,500 6,000
Tangible assets 5 67,252 8,421
72,752 14,421

CURRENT ASSETS
Debtors 6 31,961 26,378
Cash at bank 62,295 49,811
94,256 76,189
CREDITORS
Amounts falling due within one year 7 90,961 66,191
NET CURRENT ASSETS 3,295 9,998
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,047

24,419

CREDITORS
Amounts falling due after more than one
year

8

(15,833

)

-

PROVISIONS FOR LIABILITIES (13,451 ) (1,684 )
NET ASSETS 46,763 22,735

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 46,663 22,635
SHAREHOLDERS' FUNDS 46,763 22,735

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 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.
M J F TRANSPORT & SERVICES LIMITED (REGISTERED NUMBER: 06405229)

BALANCE SHEET - continued
31 December 2016


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 Board of Directors on 27 July 2017 and were signed on its behalf by:





M J Fordon - Director

M J F TRANSPORT & SERVICES LIMITED (REGISTERED NUMBER: 06405229)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2016


1. STATUTORY INFORMATION

M J F Transport & Services Limited is a private company limited by shares and incorporated and domiciled in
England. It has its registered office and principal place of business at 32 St. Margarets Avenue, Cottingham,
Hull, HU16 5NF.

The principal activity of the company is that of haulage contractors.

The presentational currency of the financial statements is Pound Sterling (£).

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the
going concern basis of accounting is appropriate as, in the opinion of the director, there are no material
uncertainties related to events or conditions that may cast significant doubt about the ability of the company to
continue as a going concern.

This is the first year in which the financial statements have been prepared under FRS 102. The last accounts
prepared under UKGAAP were for the year ended 31 December 2015. The date of transition to FRS 102 was 1
January 2016.

Turnover
Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received
or receivable. Turnover excludes value added tax and trade discounts.

Turnover from services is recognised on completion of service, or when those services span the year end date, by
reference to the stage of completion at the balance sheet date.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on cost and 25% on reducing balance

M J F TRANSPORT & SERVICES LIMITED (REGISTERED NUMBER: 06405229)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2016


2. ACCOUNTING POLICIES - continued
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in
the statement of comprehensive income because of items of income or expense that are taxable or deductible in
other years and items that are never taxable or deductible. The Company's liability for the current tax is
calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the
financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax
liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised
for all deductible temporary differences to the extent that it is probable that taxable profits will be available
against which those deductible timing differences can be utilised. The carrying amount of deferred tax is
reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient
taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which
the liability is settled or the asset realised, based on the tax rates (and tax laws) that have been enacted or
substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are
recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is
also recognised in other comprehensive income or directly in equity respectively.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2015 - 2 ) .
M J F TRANSPORT & SERVICES LIMITED (REGISTERED NUMBER: 06405229)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2016


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2016
and 31 December 2016 10,000
AMORTISATION
At 1 January 2016 4,000
Charge for year 500
At 31 December 2016 4,500
NET BOOK VALUE
At 31 December 2016 5,500
At 31 December 2015 6,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2016 38,033
Additions 78,917
Disposals (24,000 )
At 31 December 2016 92,950
DEPRECIATION
At 1 January 2016 29,612
Charge for year 20,086
Eliminated on disposal (24,000 )
At 31 December 2016 25,698
NET BOOK VALUE
At 31 December 2016 67,252
At 31 December 2015 8,421
M J F TRANSPORT & SERVICES LIMITED (REGISTERED NUMBER: 06405229)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2016


5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 78,000
At 31 December 2016 78,000
DEPRECIATION
Charge for year 16,250
At 31 December 2016 16,250
NET BOOK VALUE
At 31 December 2016 61,750

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 29,585 23,929
Other debtors 2,376 2,449
31,961 26,378

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Hire purchase contracts 12,667 -
Trade creditors 11,909 1,322
Taxation and social security 12,283 19,021
Other creditors 54,102 45,848
90,961 66,191

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2016 2015
£    £   
Hire purchase contracts 15,833 -
M J F TRANSPORT & SERVICES LIMITED (REGISTERED NUMBER: 06405229)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2016


9. SECURED DEBTS

The following secured debts are included within creditors:

2016 2015
£    £   
Hire purchase contracts 28,500 -

Amounts owing under hire purchase contracts are secured upon the assets to which they relate.

10. ULTIMATE CONTROLLING PARTY

The controlling party is M J Fordon.

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