IRIS Accounts Production v24.3.0.553 10731135 director 1.5.23 30.4.24 30.4.24 false true false false false true false Ordinary 1.00000 Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh107311352023-04-30107311352024-04-30107311352023-05-012024-04-30107311352022-04-30107311352022-05-012023-04-30107311352023-04-3010731135ns15:EnglandWales2023-05-012024-04-3010731135ns14:PoundSterling2023-05-012024-04-3010731135ns10:Director12023-05-012024-04-3010731135ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3010731135ns10:SmallEntities2023-05-012024-04-3010731135ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3010731135ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3010731135ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3010731135ns10:FullAccounts2023-05-012024-04-301073113512023-05-012024-04-3010731135ns10:OrdinaryShareClass12023-05-012024-04-3010731135ns10:OrdinaryShareClass22023-05-012024-04-3010731135ns10:RegisteredOffice2023-05-012024-04-3010731135ns5:CurrentFinancialInstruments2024-04-3010731135ns5:CurrentFinancialInstruments2023-04-3010731135ns5:Non-currentFinancialInstruments2024-04-3010731135ns5:Non-currentFinancialInstruments2023-04-3010731135ns5:ShareCapital2024-04-3010731135ns5:ShareCapital2023-04-3010731135ns5:RetainedEarningsAccumulatedLosses2024-04-3010731135ns5:RetainedEarningsAccumulatedLosses2023-04-3010731135ns5:NetGoodwill2023-05-012024-04-3010731135ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3010731135ns5:PlantMachinery2023-05-012024-04-3010731135ns5:FurnitureFittings2023-05-012024-04-3010731135ns5:MotorVehicles2023-05-012024-04-3010731135ns5:ComputerEquipment2023-05-012024-04-3010731135ns5:NetGoodwill2023-04-3010731135ns5:NetGoodwill2024-04-3010731135ns5:NetGoodwill2023-04-3010731135ns5:PlantMachinery2023-04-3010731135ns5:FurnitureFittings2023-04-3010731135ns5:MotorVehicles2023-04-3010731135ns5:ComputerEquipment2023-04-3010731135ns5:PlantMachinery2024-04-3010731135ns5:FurnitureFittings2024-04-3010731135ns5:MotorVehicles2024-04-3010731135ns5:ComputerEquipment2024-04-3010731135ns5:PlantMachinery2023-04-3010731135ns5:FurnitureFittings2023-04-3010731135ns5:MotorVehicles2023-04-3010731135ns5:ComputerEquipment2023-04-3010731135ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3010731135ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3010731135ns10:OrdinaryShareClass12024-04-3010731135ns10:OrdinaryShareClass22024-04-30
REGISTERED NUMBER: 10731135 (England and Wales)




































FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024

FOR

COOL MOVE LOGISTICS LIMITED

COOL MOVE LOGISTICS LIMITED (REGISTERED NUMBER: 10731135)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


COOL MOVE LOGISTICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTOR: M C A Della Gana





REGISTERED OFFICE: Venture House
The Tanneries
East Street
Titchfield
Hampshire
PO14 4AR





REGISTERED NUMBER: 10731135 (England and Wales)





ACCOUNTANTS: Compass Accountants Limited
Chartered Accountants
Venture House
The Tanneries
East Street
Titchfield
Hampshire
PO14 4AR

COOL MOVE LOGISTICS LIMITED (REGISTERED NUMBER: 10731135)

BALANCE SHEET
30TH APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 1,468
Tangible assets 5 404,837 515,546
404,837 517,014

CURRENT ASSETS
Debtors 6 132,351 162,818

CREDITORS
Amounts falling due within one year 7 176,802 244,667
NET CURRENT LIABILITIES (44,451 ) (81,849 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

360,386

435,165

CREDITORS
Amounts falling due after more than one
year

8

(91,052

)

(164,878

)

PROVISIONS FOR LIABILITIES (72,108 ) (92,195 )
NET ASSETS 197,226 178,092

CAPITAL AND RESERVES
Called up share capital 9 11 11
Retained earnings 197,215 178,081
SHAREHOLDERS' FUNDS 197,226 178,092

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17th October 2024 and were signed by:



M C A Della Gana - Director


COOL MOVE LOGISTICS LIMITED (REGISTERED NUMBER: 10731135)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024


1. STATUTORY INFORMATION

Cool Move Logistics Limited 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.

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


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of five 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on cost and 25% on reducing balance
Motor vehicles - 20% on cost and 12.5% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

COOL MOVE LOGISTICS LIMITED (REGISTERED NUMBER: 10731135)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


2. ACCOUNTING POLICIES - continued

Basic financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, where there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

The company's financial assets and liabilities consist of cash and cash equivalents, short term investments, trade and other debtors, trade and other creditor, and accrued expenses. The fair value of these items approximates their carrying value due to their short term value. Unless otherwise noted, the company is not exposed to significant interest, foreign exchange or credit risks arising from these instruments.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st May 2023
and 30th April 2024 10,000
AMORTISATION
At 1st May 2023 8,532
Charge for year 1,468
At 30th April 2024 10,000
NET BOOK VALUE
At 30th April 2024 -
At 30th April 2023 1,468

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st May 2023 2,171 2,943 1,079,865 5,304 1,090,283
Additions 15,800 - - - 15,800
At 30th April 2024 17,971 2,943 1,079,865 5,304 1,106,083
DEPRECIATION
At 1st May 2023 1,539 839 568,326 4,033 574,737
Charge for year 2,273 628 122,366 1,242 126,509
At 30th April 2024 3,812 1,467 690,692 5,275 701,246
NET BOOK VALUE
At 30th April 2024 14,159 1,476 389,173 29 404,837
At 30th April 2023 632 2,104 511,539 1,271 515,546

COOL MOVE LOGISTICS LIMITED (REGISTERED NUMBER: 10731135)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 112,644 138,338
Other debtors 19,707 24,480
132,351 162,818

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 23,545 18,676
Hire purchase contracts 71,729 156,720
Trade creditors 44,659 22,929
Taxation and social security 28,361 32,787
Other creditors 8,508 13,555
176,802 244,667

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 20,000 21,667
Hire purchase contracts 71,052 143,211
91,052 164,878

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
10 Ordinary £1 10 10
1 Ordinary A £1 1 1
11 11