CHAGEO LOGISTICS LIMITED

Company Registration Number:
11900491 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

CHAGEO LOGISTICS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

CHAGEO LOGISTICS LIMITED

Company Information

for the Period Ended 31 March 2024




Director: CHARLES AIDOO
Registered office: 57
Earlsdown House
135 Wheelers Cross
Barking
England
IG11 7EL
Company Registration Number: 11900491 (England and Wales)

CHAGEO LOGISTICS LIMITED

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

During the period, the company's principal activity was cargo handling and door to door removal services.

Directors

The director(s) shown below were appointed to the company during the period
CHARLES AIDOO
01 April 2023

This report was approved by the board of directors on 31 July 2024
And Signed On Behalf Of The Board By:

Name: CHARLES AIDOO
Status: Director

CHAGEO LOGISTICS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 21,703 24,114
Total fixed assets: 21,703 24,114
Current assets
Stocks: 2,500 2,342
Debtors: 6 1,440
Cash at bank and in hand: 3,240 4,152
Total current assets: 5,740 7,934
Creditors: amounts falling due within one year: 7 ( 6,550 ) ( 5,816 )
Net current assets (liabilities): ( 810 ) 2,118
Total assets less current liabilities: 20,893 26,232
Creditors: amounts falling due after more than one year: 8 ( 19,754 ) ( 23,579 )
Total net assets (liabilities): 1,139 2,653

The notes form part of these financial statements

CHAGEO LOGISTICS LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,039 2,553
Shareholders funds: 1,139 2,653

For the year ending 31 March 2024 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 July 2024
And Signed On Behalf Of The Board By:

Name: CHARLES AIDOO
Status: Director

The notes form part of these financial statements

CHAGEO LOGISTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises of all sales net of VAT for the period and other discounts received.

    Tangible fixed assets depreciation policy

    Tangible fixed assets depreciation policy
    Tangible fixed assets depreciation policy
    All assets are depreciated at a rate of 10% per annum on reducing balance basis.
    Fixture and Fittings: 10% per annum
    Office Equipment 10% per annum
    Motor Vehicle 10% per annum

CHAGEO LOGISTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

CHAGEO LOGISTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

CHAGEO LOGISTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Dividends


2024
£

2023
£
Dividends paid 1,039 2,553

CHAGEO LOGISTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Tangible assets

Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 April 2023 462 972 22,680 24,114
Additions - - - -
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 March 2024 462 972 22,680 24,114
Depreciation
At 01 April 2023 - - - -
Charge for year 46 97 2,268 2,411
On disposals - - - -
Other adjustments - - - -
At 31 March 2024 46 97 2,268 2,411
Net book value
At 31 March 2024 416 875 20,412 21,703
At 31 March 2023 462 972 22,680 24,114

CHAGEO LOGISTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Debtors


2024
£

2023
£
Other debtors 1,440
Total 1,440

CHAGEO LOGISTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 244 599
Other creditors 6,306 5,217
Total 6,550 5,816

CHAGEO LOGISTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

8.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 8,342 10,364
Amounts due under finance leases and hire purchase contracts 11,412 13,215
Total 19,754 23,579