Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-319No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2023-11-01false11truefalse 11627921 2023-11-01 2024-10-31 11627921 2022-11-01 2023-10-31 11627921 2024-10-31 11627921 2023-10-31 11627921 c:Director1 2023-11-01 2024-10-31 11627921 d:Buildings d:ShortLeaseholdAssets 2023-11-01 2024-10-31 11627921 d:Buildings d:ShortLeaseholdAssets 2024-10-31 11627921 d:Buildings d:ShortLeaseholdAssets 2023-10-31 11627921 d:OfficeEquipment 2023-11-01 2024-10-31 11627921 d:OfficeEquipment 2024-10-31 11627921 d:OfficeEquipment 2023-10-31 11627921 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 11627921 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 11627921 d:Goodwill 2023-11-01 2024-10-31 11627921 d:Goodwill 2024-10-31 11627921 d:Goodwill 2023-10-31 11627921 d:CurrentFinancialInstruments 2024-10-31 11627921 d:CurrentFinancialInstruments 2023-10-31 11627921 d:Non-currentFinancialInstruments 2024-10-31 11627921 d:Non-currentFinancialInstruments 2023-10-31 11627921 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 11627921 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 11627921 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 11627921 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 11627921 d:ShareCapital 2024-10-31 11627921 d:ShareCapital 2023-10-31 11627921 d:RetainedEarningsAccumulatedLosses 2024-10-31 11627921 d:RetainedEarningsAccumulatedLosses 2023-10-31 11627921 c:OrdinaryShareClass1 2023-11-01 2024-10-31 11627921 c:OrdinaryShareClass1 2024-10-31 11627921 c:OrdinaryShareClass1 2023-10-31 11627921 c:FRS102 2023-11-01 2024-10-31 11627921 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 11627921 c:FullAccounts 2023-11-01 2024-10-31 11627921 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 11627921 2 2023-11-01 2024-10-31 11627921 6 2023-11-01 2024-10-31 11627921 d:Goodwill d:OwnedIntangibleAssets 2023-11-01 2024-10-31 11627921 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 11627921









CONSTRUCTION LOGISTICS GROUP LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
CONSTRUCTION LOGISTICS GROUP LIMITED
REGISTERED NUMBER: 11627921

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
209,478
314,218

Tangible assets
 5 
38,536
10,641

Investments
 6 
918
918

  
248,932
325,777

Current assets
  

Debtors: amounts falling due within one year
 7 
3,067,997
1,566,272

Cash at bank and in hand
 8 
1,371,083
568,123

  
4,439,080
2,134,395

Creditors: amounts falling due within one year
 9 
(3,460,751)
(1,597,801)

Net current assets
  
 
 
978,329
 
 
536,594

Total assets less current liabilities
  
1,227,261
862,371

Creditors: amounts falling due after more than one year
 10 
(5,833)
(15,833)

  

Net assets
  
1,221,428
846,538


Capital and reserves
  

Called up share capital 
 11 
1,000
1,000

Profit and loss account
  
1,220,428
845,538

  
1,221,428
846,538


Page 1

 
CONSTRUCTION LOGISTICS GROUP LIMITED
REGISTERED NUMBER: 11627921
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




B Taylor
Director

Date: 30 July 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
CONSTRUCTION LOGISTICS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Construction Logistics Group Limited is a private company limited by shares and incorporated in England & Wales (registered number 11627921). The registered office address is 6th Floor 100 Fenchurch Street, London, EC3M 5JD.
The financial statements are presented in Sterling, which is the functional currency of the Company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
CONSTRUCTION LOGISTICS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.8

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of Comprehensive Income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 4

 
CONSTRUCTION LOGISTICS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Short-term leasehold property
-
20%
Straight line method
Office and computer equipment
-
25%
Straight line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
CONSTRUCTION LOGISTICS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.14

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 11 (2023 - 9).


4.


Intangible assets




Goodwill

£



Cost


At 1 November 2023
418,958



At 31 October 2024

418,958



Amortisation


At 1 November 2023
104,740


Charge for the year on owned assets
104,740



At 31 October 2024

209,480



Net book value



At 31 October 2024
209,478



At 31 October 2023
314,218



Page 6

 
CONSTRUCTION LOGISTICS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

5.


Tangible fixed assets





Short-term leasehold property
Office and computer equipment
Total

£
£
£



Cost or valuation


At 1 November 2023
-
40,603
40,603


Additions
22,717
14,274
36,991



At 31 October 2024

22,717
54,877
77,594



Depreciation


At 1 November 2023
-
29,962
29,962


Charge for the year on owned assets
361
8,735
9,096



At 31 October 2024

361
38,697
39,058



Net book value



At 31 October 2024
22,356
16,180
38,536



At 31 October 2023
-
10,641
10,641


6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 November 2023
918



At 31 October 2024
918




Page 7

 
CONSTRUCTION LOGISTICS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

7.


Debtors

2024
2023
£
£


Trade debtors
1,823,383
681,207

Other debtors
169,759
73,276

Prepayments and accrued income
1,026,685
763,619

Amounts owed by group undertakings
48,170
48,170

3,067,997
1,566,272



8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,371,083
568,123

1,371,083
568,123



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
1,320,875
299,450

Trade creditors
1,370,713
553,178

Corporation tax
326,074
255,271

Other taxation and social security
58,539
29,657

Other creditors
50,725
138,699

Accruals and deferred income
333,825
321,546

3,460,751
1,597,801


The bank loans are secured by way of a fixed and floating charge over the assets of the company.

Page 8

 
CONSTRUCTION LOGISTICS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

10.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
5,833
15,833

5,833
15,833



11.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,000 (2023 - 1,000) Ordinary shares of £1.00 each
1,000
1,000



12.


Related party transactions

Included within creditors is an amount of £162 (2023: £783)  due to the director of the company. 

 
Page 9