CARGO EXPERT LTD

Company Registration Number:
08109350 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

CARGO EXPERT LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

CARGO EXPERT LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 2,440 1,353
Total fixed assets: 2,440 1,353
Current assets
Debtors:   212,503 139,429
Cash at bank and in hand: 27,796 11,548
Total current assets: 240,299 150,977
Creditors: amounts falling due within one year:   (204,766) (133,244)
Net current assets (liabilities): 35,533 17,733
Total assets less current liabilities: 37,973 19,086
Creditors: amounts falling due after more than one year:   (31,953) (36,989)
Total net assets (liabilities): 6,020 (17,903)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 5,920 (18,003)
Shareholders funds: 6,020 (17,903)

The notes form part of these financial statements

CARGO EXPERT LTD

Balance sheet statements

For the year ending 30 June 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 March 2025
and signed on behalf of the board by:

Name: Mr Nafees Ahmed Bagdadi
Status: Director

The notes form part of these financial statements

CARGO EXPERT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax

Tangible fixed assets and depreciation policy

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis Plant & Machinery 50% Reducing balance Computer Equipment 50% Reducing balance

Other accounting policies

Provisions Provisions are recognized when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated

CARGO EXPERT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 2 3

CARGO EXPERT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 9,080
Additions 1,900
At 30 June 2024 10,980
Depreciation
At 01 July 2023 7,727
Charge for year 813
At 30 June 2024 8,540
Net book value
At 30 June 2024 2,440
At 30 June 2023 1,353