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REGISTERED NUMBER: 02866277 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

COTSWOLD EXPO LIMITED

COTSWOLD EXPO LIMITED (REGISTERED NUMBER: 02866277)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


COTSWOLD EXPO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







DIRECTOR: JL Lees





SECRETARY: LG Lees





REGISTERED OFFICE: c/o Kenton House
Oxford Street
MORETON-IN-MARSH
Gloucestershire
GL56 0LA





REGISTERED NUMBER: 02866277 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
4th Floor
St James House
St James Square
Cheltenham
Gloucestershire
GL50 3PR

COTSWOLD EXPO LIMITED (REGISTERED NUMBER: 02866277)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2021

2021 2020
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 2,672 3,459

CURRENT ASSETS
Debtors 5 86 86
Cash at bank 10,682 17,933
10,768 18,019
CREDITORS
Amounts falling due within one year 6 (32,676 ) (45,921 )
NET CURRENT LIABILITIES (21,908 ) (27,902 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(19,236

)

(24,443

)

CREDITORS
Amounts falling due after more than
one year

7

(8,176

)

(10,400

)

PROVISIONS FOR LIABILITIES (668 ) (657 )
NET LIABILITIES (28,080 ) (35,500 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (28,180 ) (35,600 )
(28,080 ) (35,500 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

COTSWOLD EXPO LIMITED (REGISTERED NUMBER: 02866277)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2021


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 July 2022 and were signed by:





JL Lees - Director


COTSWOLD EXPO LIMITED (REGISTERED NUMBER: 02866277)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021


1. STATUTORY INFORMATION

Cotswold Expo Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

In light of the current climate in relation to the Covid-19 pandemic, the directors have reviewed the company's finances which confirm the company has adequate support and funding available to continue operating for the foreseeable future. The directors believe there are no material uncertainties that call into doubt the company's ability to continue as a going concern.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 20% on reducing balance
Computer equipment - 33.3% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

COTSWOLD EXPO LIMITED (REGISTERED NUMBER: 02866277)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Improvements
to Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 January 2021
and 31 December 2021 30,532 108,447 2,461 141,440
DEPRECIATION
At 1 January 2021 30,532 105,107 2,342 137,981
Charge for year - 668 119 787
At 31 December 2021 30,532 105,775 2,461 138,768
NET BOOK VALUE
At 31 December 2021 - 2,672 - 2,672
At 31 December 2020 - 3,340 119 3,459

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 86 86

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 2,224 1,100
Trade creditors 24 31
Taxation and social security 549 2,152
Other creditors 29,879 42,638
32,676 45,921

COTSWOLD EXPO LIMITED (REGISTERED NUMBER: 02866277)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2021 2020
£    £   
Bank loans 8,176 10,400

8. RELATED PARTY DISCLOSURES

Included within creditors: amounts falling due within one year is a director's loan account in the sum of £27,219 (2020: £40,137). The account is unsecured, interest free and carries no fixed date of repayment.

9. CONTROLLING PARTY

The company is controlled by the director J Lees by virtue of his shareholding.