2 01/02/2023 31/07/2024 2024-07-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-02-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 06471805 2023-02-01 2024-07-31 06471805 2024-07-31 06471805 2023-01-31 06471805 2022-02-01 2023-01-31 06471805 2023-01-31 06471805 2022-01-31 06471805 bus:RegisteredOffice 2023-02-01 2024-07-31 06471805 bus:LeadAgentIfApplicable 2023-02-01 2024-07-31 06471805 bus:Director1 2023-02-01 2024-07-31 06471805 bus:Director2 2023-02-01 2024-07-31 06471805 bus:CompanySecretary1 2023-02-01 2024-07-31 06471805 core:RetainedEarningsAccumulatedLosses 2022-02-01 2023-01-31 06471805 core:RetainedEarningsAccumulatedLosses 2023-02-01 2024-07-31 06471805 core:WithinOneYear 2024-07-31 06471805 core:WithinOneYear 2023-01-31 06471805 core:ShareCapital 2024-07-31 06471805 core:ShareCapital 2023-01-31 06471805 core:RetainedEarningsAccumulatedLosses 2024-07-31 06471805 core:RetainedEarningsAccumulatedLosses 2023-01-31 06471805 core:ShareCapital 2022-01-31 06471805 core:RetainedEarningsAccumulatedLosses 2022-01-31 06471805 core:PreviouslyStatedAmount core:ShareCapital 2024-07-31 06471805 bus:SmallEntities 2023-02-01 2024-07-31 06471805 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-07-31 06471805 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-07-31 06471805 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-07-31 06471805 bus:FullAccounts 2023-02-01 2024-07-31
Company registration number: 06471805
Coastal Logistics Limited
Unaudited filleted financial statements
31 July 2024
Coastal Logistics Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Coastal Logistics Limited
Directors and other information
Directors J O Ripley
C D Ashdown
Secretary M. Ashdown
Company number 06471805
Registered office 104 Noak Hill Road
Billericay
Essex
CM12 9UH
Accountants Murphy Collins
Sovereign House
82 West Street
Rochford
Essex
SS4 1AS
Coastal Logistics Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Coastal Logistics Limited
Period ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Coastal Logistics Limited for the period ended 31 July 2024 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Coastal Logistics Limited, as a body, in accordance with the terms of our engagement letter dated 17 August 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Coastal Logistics Limited and state those matters that we have agreed to state to the board of directors of Coastal Logistics Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Coastal Logistics Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Coastal Logistics Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Coastal Logistics Limited. You consider that Coastal Logistics Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of Coastal Logistics Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Murphy Collins
Chartered Accountants
Sovereign House
82 West Street
Rochford
Essex
SS4 1AS
24 September 2024
Coastal Logistics Limited
Statement of financial position
31 July 2024
31/07/24
Note £ £ £ £
Current assets
Debtors 5 360 12,541
Cash at bank and in hand 5,868 4,626
_______ _______
6,228 17,167
Creditors: amounts falling due
within one year 6 ( 6,017) ( 16,082)
_______ _______
Net current assets 211 1,085
_______ _______
Total assets less current liabilities 211 1,085
_______ _______
Net assets 211 1,085
_______ _______
Capital and reserves
Called up share capital 100 100
Profit and loss account 111 985
_______ _______
Shareholders funds 211 1,085
_______ _______
For the period ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 24 September 2024 , and are signed on behalf of the board by:
J O Ripley C D Ashdown
Director Director
Company registration number: 06471805
Coastal Logistics Limited
Statement of changes in equity
Period ended 31 July 2024
Called up share capital Profit and loss account Total
£ £ £
At 1 February 2022 100 ( 316) ( 216)
(Loss)/profit for the period 1,301 1,301
_______ _______ _______
Total comprehensive income for the period - 1,301 1,301
_______ _______ _______
At and 1 February 2023 100 985 1,085
(Loss)/profit for the period ( 874) ( 874)
_______ _______ _______
Total comprehensive income for the period - ( 874) ( 874)
_______ _______ _______
At 31 July 2024 100 111 211
_______ _______ _______
Coastal Logistics Limited
Notes to the financial statements
Period ended 31 July 2024
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 104 Noak Hill Road, Billericay, Essex, CM12 9UH.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 2 (: 2 ).
5. Debtors
31/07/24
£ £
Trade debtors - 12,244
Other debtors 360 297
_______ _______
360 12,541
_______ _______
6. Creditors: amounts falling due within one year
31/07/24
£ £
Trade creditors - 15,082
Other creditors 6,017 1,000
_______ _______
6,017 16,082
_______ _______