In this paper, we explore the concept of integrated sensing and communication (ISAC) within a downlink cell-free massive MIMO (multiple-input multiple-output) system featuring multi-static sensing and users requiring ultra-reliable low-latency communications (URLLC). Our focus involves the formulation of two non-convex algorithms that jointly solve power and blocklength allocation for end-to-end (E2E) minimization. The objectives are to jointly minimize sensing/communication processing and transmission energy consumption, while simultaneously meeting the requirements for sensing and URLLC. To address the inherent non-convexity of these optimization problems, we utilize techniques such as the Feasible Point Pursuit - Successive Convex Approximation (FPP-SCA), Concave-Convex Programming (CCP), and fractional programming. We conduct a comparative analysis of the performance of these algorithms in ISAC scenarios and against a URLLC-only scenario where sensing is not integrated. Our numerical results highlight the superior performance of the E2E energy minimization algorithm, especially in scenarios without sensing capability. Additionally, our study underscores the increasing prominence of energy consumption associated with sensing processing tasks as the number of sensing receive access points rises. Furthermore, the results emphasize that a higher sensing signal-to-interference-plus-noise ratio threshold is associated with an escalation in E2E energy consumption, thereby narrowing the performance gap between the two proposed algorithms.