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Company Registration No. 12519057 (England and Wales)
Corrda Logistics Ltd Unaudited accounts for the year ended 31 May 2024
Corrda Logistics Ltd Unaudited accounts Contents
Page
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Corrda Logistics Ltd Company Information for the year ended 31 May 2024
Director
Catherine Mary Corr
Company Number
12519057 (England and Wales)
Registered Office
203 Kilburn High Road London Greater London SL4 3NP England
Accountants
Ratnam Accountants 203 Kilburn High Road London NW6 7HY
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Corrda Logistics Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,226 
44,505 
Current assets
Investments
10,000 
- 
Cash at bank and in hand
357,771 
231,850 
367,771 
231,850 
Creditors: amounts falling due within one year
(315,020)
(218,645)
Net current assets
52,751 
13,205 
Net assets
81,977 
57,710 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
81,976 
57,709 
Shareholders' funds
81,977 
57,710 
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 February 2025 and were signed on its behalf by
Catherine Mary Corr Director Company Registration No. 12519057
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Corrda Logistics Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Corrda Logistics Ltd is a private company, limited by shares, registered in England and Wales, registration number 12519057. The registered office is 203 Kilburn High Road, London, Greater London, SL4 3NP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% straight line
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
58,800 
- 
540 
59,340 
Additions
- 
808 
1,451 
2,259 
Disposals
(2,850)
- 
- 
(2,850)
At 31 May 2024
55,950 
808 
1,991 
58,749 
Depreciation
At 1 June 2023
14,700 
- 
135 
14,835 
Charge for the year
13,988 
202 
498 
14,688 
At 31 May 2024
28,688 
202 
633 
29,523 
Net book value
At 31 May 2024
27,262 
606 
1,358 
29,226 
At 31 May 2023
44,100 
- 
405 
44,505 
5
Investments held as current assets
2024 
2023 
£ 
£ 
Unlisted investments
10,000 
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Corrda Logistics Ltd Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
57,610 
29,399 
Obligations under finance leases and hire purchase contracts
20,436 
48,842 
Trade creditors
38,074 
41,890 
Taxes and social security
20,978 
16,798 
Loans from directors
125,422 
29,216 
Accruals
52,500 
52,500 
315,020 
218,645 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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