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REGISTERED NUMBER: 07021723 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

C & C LOGISTICS LTD

C & C LOGISTICS LTD (REGISTERED NUMBER: 07021723)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C & C LOGISTICS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: Mrs C A McGuinness
Mrs C J McGuinness





REGISTERED OFFICE: Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH





REGISTERED NUMBER: 07021723 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

C & C LOGISTICS LTD (REGISTERED NUMBER: 07021723)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 371,457 156,687

CURRENT ASSETS
Debtors 5 396,696 455,212
Cash at bank and in hand 54,739 8,331
451,435 463,543
CREDITORS
Amounts falling due within one year 6 218,191 189,976
NET CURRENT ASSETS 233,244 273,567
TOTAL ASSETS LESS CURRENT
LIABILITIES

604,701

430,254

CREDITORS
Amounts falling due after more than one year 7 (245,930 ) (74,039 )

PROVISIONS FOR LIABILITIES (39,541 ) (28,943 )
NET ASSETS 319,230 327,272

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 319,130 327,172
SHAREHOLDERS' FUNDS 319,230 327,272

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

C & C LOGISTICS LTD (REGISTERED NUMBER: 07021723)

BALANCE SHEET - continued
28 FEBRUARY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 24 November 2023 and were signed on its behalf by:




Mrs C A McGuinness - Director



Mrs C J McGuinness - Director


C & C LOGISTICS LTD (REGISTERED NUMBER: 07021723)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

C & C Logistics 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern
The use of the going concern basis of accounting is appropriate because 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

C & C LOGISTICS LTD (REGISTERED NUMBER: 07021723)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2022 3,600 273,823 277,423
Additions - 298,330 298,330
Disposals - (35,010 ) (35,010 )
At 28 February 2023 3,600 537,143 540,743
DEPRECIATION
At 1 March 2022 1,575 119,161 120,736
Charge for year 506 78,702 79,208
Eliminated on disposal - (30,658 ) (30,658 )
At 28 February 2023 2,081 167,205 169,286
NET BOOK VALUE
At 28 February 2023 1,519 369,938 371,457
At 28 February 2022 2,025 154,662 156,687

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 336,008 412,437
Tax - 15,868
VAT 60,688 26,907
396,696 455,212

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 109,762 44,367
Trade creditors 1,908 1,908
Tax - 19,209
Other creditors 103,036 121,007
Accrued expenses 3,485 3,485
218,191 189,976

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 245,930 74,039

C & C LOGISTICS LTD (REGISTERED NUMBER: 07021723)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £58,000 were paid to the directors .

The directors of C & C Logistics Limited, Mrs C A McGuinness and Mrs C McGuinness, are the wives of Mr A P McGuinness and Mr B J McGuinness who are two partners in McGuinness Feeds. During the period the following related party transactions occured:
2023 2022

£ £

Share of Profit share from McGuinness Feeds 68,106 106,191

Balance owed to the company at 28 February 2023 336,008 412,437

Charge for use of vehicles to McGuinness Feeds 110.692 89,979


9. ULTIMATE CONTROLLING PARTY

The company is under the control of its directors and shareholders.