Construction Logistics Services Limited Company accounts

COMPANY REGISTRATION NUMBER: 11032339

Construction Logistics Services Limited

Unaudited Financial Statements

30 April 2025

Construction Logistics Services Limited

Financial Statements

Year ended 30 April 2025

Contents	Page

Director's report	1

Chartered accountant's report to the director on the preparation of the unaudited statutory financial statements	2

Statement of income and retained earnings	3

Statement of financial position	4

Notes to the financial statements	5

Construction Logistics Services Limited

Director's Report

Year ended 30 April 2025

The director presents his report and the unaudited financial statements of the company for the year ended 30 April 2025 .

Principal activities

The principal activity of the company during the year was that of developing building projects for commercial buildings, hotels, stores, shopping malls and restaurants.

Incorporation

The company was incorporated on 25th October 2017 and commenced trading on 1 January 2018.

Director

The director who served the company during the year was as follows:

Mr A Purvinis

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 4 September 2025 and signed on behalf of the board by:

Mr A Purvinis
Director

Registered office:

69 Campbell Avenue

Ilford

IG6 1EB

Construction Logistics Services Limited

Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Construction Logistics Services Limited

Year ended 30 April 2025

As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 30 April 2025, which comprise the statement of income and retained earnings, statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

STANLEY KENNER & CO Chartered accountants

PO Box 28781 London E18 2WX

4 September 2025

Construction Logistics Services Limited

Statement of Income and Retained Earnings

Year ended 30 April 2025

	2025	2024
Note	£	£
Turnover	5,421,671	5,332,128

Cost of sales	4,233,567	4,334,471
	------------	------------
Gross profit	1,188,104	997,657

Administrative expenses	536,800	509,108
	------------	---------
Operating profit	651,304	488,549

Other interest receivable and similar income		5,072	895
Interest payable and similar expenses		–	6,634
		------------	---------
Profit before taxation	5	656,376	482,810

Tax on profit	144,617	105,366
	---------	---------
Profit for the financial year and total comprehensive income	511,759	377,444
	---------	---------

Dividends paid and payable	( 60,000)	( 60,000)

Retained earnings at the start of the year	802,767	485,323
	------------	---------
Retained earnings at the end of the year	1,254,526	802,767
	------------	---------

All the activities of the company are from continuing operations.

Construction Logistics Services Limited

Statement of Financial Position

30 April 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	6	7,267	9,610

Current assets

Debtors	7	1,436,307	767,301
Cash at bank and in hand		334,086	367,204
		------------	------------
		1,770,393	1,134,505

Creditors: amounts falling due within one year	8	523,029	341,243
		------------	------------
Net current assets		1,247,364	793,262
		------------	---------
Total assets less current liabilities		1,254,631	802,872
		------------	---------
Net assets		1,254,631	802,872
		------------	---------

Capital and reserves

Called up share capital	105	105
Profit and loss account	1,254,526	802,767
	------------	---------
Shareholders funds	1,254,631	802,872
	------------	---------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

These financial statements were approved by the board of directors and authorised for issue on 4 September 2025 , and are signed on behalf of the board by:

Mr A Purvinis
Director

Company registration number: 11032339

Construction Logistics Services Limited

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 69 Campbell Avenue, Ilford, IG6 1EB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

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. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 6 (2024: 2 ).

5. Profit before taxation

Profit before taxation is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	2,423	1,785
	-------	-------

6. Tangible assets

	Equipment
	£
Cost
At 1 May 2024	15,507
Additions	80
	--------
At 30 April 2025	15,587
	--------
Depreciation
At 1 May 2024	5,897
Charge for the year	2,423
	--------
At 30 April 2025	8,320
	--------
Carrying amount
At 30 April 2025	7,267
	--------
At 30 April 2024	9,610
	--------

7. Debtors

	2025	2024
	£	£
Trade debtors	1,285,390	661,109
Other debtors	150,917	106,192
	------------	---------
	1,436,307	767,301
	------------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	347,514	205,403
Amounts owed to group undertakings and undertakings in which the company has a participating interest	( 64,912)	( 38,150)
Corporation tax	144,641	105,308
Social security and other taxes	28,409	17,207
Other creditors	67,377	51,475
	---------	---------
	523,029	341,243
	---------	---------

9. Director's advances, credits and guarantees

There were no overdrawn directors loan account balances in existence at 30 April 2025 or at 30 April 2024.

10. Related party transactions

At the balance sheet date, the company was under the control of Speedy Business Services Limited. During the current accounting period the company paid a management charge to Speedy Business services of £27,500.

11. Controlling party

The Company regards Speedy Business Services Limited, incorporated in England, as its ultimate parent company.