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
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
Corrda Logistics Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
29,226
44,505
Cash at bank and in hand
357,771
231,850
Creditors: amounts falling due within one year
(315,020)
(218,645)
Net current assets
52,751
13,205
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
Corrda Logistics Ltd
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
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
-
Corrda Logistics Ltd
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
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
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).