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REGISTERED NUMBER: 07021723 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

C & C LOGISTICS LTD

C & C LOGISTICS LTD (REGISTERED NUMBER: 07021723)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C & C LOGISTICS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







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
29 FEBRUARY 2024

29/2/24 28/2/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 278,593 371,457

CURRENT ASSETS
Debtors 5 481,056 396,696
Cash at bank and in hand 66,313 54,739
547,369 451,435
CREDITORS
Amounts falling due within one year 6 267,848 218,191
NET CURRENT ASSETS 279,521 233,244
TOTAL ASSETS LESS CURRENT
LIABILITIES

558,114

604,701

CREDITORS
Amounts falling due after more than one year 7 (104,616 ) (245,930 )

PROVISIONS FOR LIABILITIES (69,648 ) (39,541 )
NET ASSETS 383,850 319,230

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 383,750 319,130
SHAREHOLDERS' FUNDS 383,850 319,230

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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
29 FEBRUARY 2024


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 25 November 2024 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 29 FEBRUARY 2024

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 (2023 - 2 ) .

C & C LOGISTICS LTD (REGISTERED NUMBER: 07021723)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2023
and 29 February 2024 3,600 537,143 540,743
DEPRECIATION
At 1 March 2023 2,081 167,205 169,286
Charge for year 380 92,484 92,864
At 29 February 2024 2,461 259,689 262,150
NET BOOK VALUE
At 29 February 2024 1,139 277,454 278,593
At 28 February 2023 1,519 369,938 371,457

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/2/24 28/2/23
£    £   
Trade debtors 454,227 336,008
Other debtors 575 -
Tax 20,211 -
VAT 6,043 60,688
481,056 396,696

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/2/24 28/2/23
£    £   
Hire purchase contracts 119,482 109,762
Trade creditors 1,908 1,908
Tax 24,568 -
Other creditors 118,405 103,036
Accrued expenses 3,485 3,485
267,848 218,191

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29/2/24 28/2/23
£    £   
Hire purchase contracts 104,616 245,930

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £58,000 (2023 - £58,000) were paid to the directors .

C & C LOGISTICS LTD (REGISTERED NUMBER: 07021723)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

8. RELATED PARTY DISCLOSURES - continued

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:
2024 2023

£ £

Share of Profit share from McGuinness Feeds 185,676 66,106

Balance owed to the company at 29 February 2024 454,227 336,008

Charge for use of vehicles to McGuinness Feeds 152,119 110,692


9. ULTIMATE CONTROLLING PARTY

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