CRISIS LOGISTICS LTD

Company Registration Number:
09395237 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

CRISIS LOGISTICS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

CRISIS LOGISTICS LTD

Company Information

for the Period Ended 31 January 2024




Director: Teresa Ann Whittemore
Registered office: Unit 14 Mere Farm Business Complex
Red House Lane
Hannington
Northampton
England
NN6 9FP
Company Registration Number: 09395237 (England and Wales)

CRISIS LOGISTICS LTD

Directors' Report Period Ended 31 January 2024

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

Principal Activities

49410 - Freight transport by road

Political and charitable donations

No political and charitable donations were made this year or previous year.

Company policy on the employment of disabled persons

It is the company's police to give employment to disabled persons wherever practical.

Additional information

Statement of director’s responsibilities: The director is responsible for preparing the Director’s Report and the financial statements in accordance with applicable law and regulations. Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that year. In preparing these financial statements, the director is required to: - select suitable accounting policies and apply them consistently; - make judgement and estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to any material departure disclosed and explained in the financial statements. - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. is also responsible for safeguarding the assets of the company and for taking responsible steps for the prevention and detection of fraud and other irregularities.

Directors

The directors shown below have held office during the whole of the period from 01 February 2023 to 31 January 2024
Teresa Ann Whittemore

This report was approved by the board of directors on 1 February 2024
And Signed On Behalf Of The Board By:

Name: Teresa Ann Whittemore
Status: Director

CRISIS LOGISTICS LTD

Profit and Loss Account

for the Period Ended 31 January 2024


Notes

2024
£

2023
£
Turnover 5,115,000 4,604,758
Cost of sales ( 1,857,760 ) -
Gross Profit or (Loss) 3,257,240 4,604,758
Distribution Costs ( 1,879,034 ) ( 3,227,979 )
Administrative Expenses ( 1,298,457 ) ( 1,289,395 )
Operating Profit or (Loss) 79,749 87,384
Profit or (Loss) Before Tax 79,749 87,384
Tax on Profit ( 19,937 ) ( 16,603 )
Profit or (Loss) for Period 59,812 70,781

The notes form part of these financial statements

CRISIS LOGISTICS LTD

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 150,000 125,000
Tangible assets: 5 413,949 668,000
Total fixed assets: 563,949 793,000
Current assets
Cash at bank and in hand: 474,389 36,038
Total current assets: 474,389 36,038
Creditors: amounts falling due within one year: 6 ( 445,000 ) ( 225,512 )
Net current assets (liabilities): 29,389 ( 189,474 )
Total assets less current liabilities: 593,338 603,526
Creditors: amounts falling due after more than one year: 7 ( 20,000 ) ( 40,000 )
Total net assets (liabilities): 573,338 563,526

The notes form part of these financial statements

CRISIS LOGISTICS LTD

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 573,337 563,525
Shareholders funds: 573,338 563,526

For the year ending 31 January 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 1 February 2024
And Signed On Behalf Of The Board By:

Name: Teresa Ann Whittemore
Status: Director

The notes form part of these financial statements

CRISIS LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared for as full financial year.

    Turnover policy

    The turnover represents amounts receivable for goods and services net of VAT and trade discounts

    Tangible fixed assets depreciation policy

    Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as following:
    Motor expenses -33% straight line

    Intangible fixed assets amortisation policy

    Intangible fixed assets(including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

    Valuation information and policy

    Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

    Other accounting policies

    Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciate over 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 the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. Research and Development Expenditure on research and development is written off in the year in which it is incurred. Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. Deferred taxation is calculated at the rates of tax that that are expected to apply in the periods when the timing differences will reverse and has not been discounted.

CRISIS LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 10 10

CRISIS LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

CRISIS LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Intangible assets

Goodwill Total
Cost £ £
At 01 February 2023 125,000 125,000
Additions 25,000 25,000
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2024 150,000 150,000
Amortisation
Amortisation at 01 February 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 January 2024 - -
Net book value
Net book value at 31 January 2024 150,000 150,000
Net book value at 31 January 2023 125,000 125,000

CRISIS LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Tangible assets

Motor vehicles Total
Cost £ £
At 01 February 2023 668,000 668,000
Additions - -
Disposals ( 254,051 ) ( 254,051 )
Revaluations - -
Transfers - -
At 31 January 2024 413,949 413,949
Depreciation
At 01 February 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 January 2024 - -
Net book value
At 31 January 2024 413,949 413,949
At 31 January 2023 668,000 668,000

CRISIS LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 20,000 40,000
Amounts due under finance leases and hire purchase contracts 350,151 113,000
Taxation and social security 74,849 72,512
Total 445,000 225,512

CRISIS LOGISTICS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

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


2024
£

2023
£
Bank loans and overdrafts 20,000 40,000
Total 20,000 40,000