Company registration number 10767583 (England and Wales)
COSYBOX HOLDINGS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MAY 2021
PAGES FOR FILING WITH REGISTRAR
COSYBOX HOLDINGS LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
COSYBOX HOLDINGS LTD (REGISTERED NUMBER: 10767583)
BALANCE SHEET
AS AT
30 MAY 2021
30 May 2021
- 1 -
2021
2020
Notes
£
£
£
£
Fixed assets
Investments
3
126,170
126,170
Current assets
Stocks
193,250
112,224
Debtors
5
436,114
427,703
Cash at bank and in hand
1,589
1,168
630,953
541,095
Creditors: amounts falling due within one year
6
(228,812)
(195,504)
Net current assets
402,141
345,591
Total assets less current liabilities
528,311
471,761
Creditors: amounts falling due after more than one year
7
(910,984)
(847,553)
Net liabilities
(382,673)
(375,792)
Capital and reserves
Called up share capital
8
6
6
Profit and loss reserves
(382,679)
(375,798)
Total equity
(382,673)
(375,792)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 May 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

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.

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

COSYBOX HOLDINGS LTD (REGISTERED NUMBER: 10767583)
BALANCE SHEET (CONTINUED)
AS AT
30 MAY 2021
30 May 2021
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 6 August 2022 and are signed on its behalf by:
Mrs S Rice
Director
COSYBOX HOLDINGS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MAY 2021
- 3 -
1
Accounting policies
Company information

Cosybox Holdings Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Antenna, Cosybox Beck Street, Nottingham, Nottinghamshire, NG1 1EQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.3
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

 

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

COSYBOX HOLDINGS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 MAY 2021
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2021
2020
Number
Number
Total
1
3
3
Fixed asset investments
2021
2020
£
£
Shares in group undertakings and participating interests
126,170
126,170
4
Subsidiaries

Details of the company's subsidiaries at 30 May 2021 are as follows:

Name of undertaking
Address
Class of
% Held
shares held
Direct
Cosybox Holly Lodge Holdings Ltd
UK
Ordinary
93.21
Cosybox Construction Limited
UK
Ordinary
100.00

Registered office addresses (all UK unless otherwise indicated):

1
9a Beck Street, Nottingham, NG1 1EQ
2
Antenna, Cosybox, Beck Street, Nottingham, United Kingdom, NG1 1EQ
5
Debtors
2021
2020
Amounts falling due within one year:
£
£
Other debtors
436,114
427,703
COSYBOX HOLDINGS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 MAY 2021
- 5 -
6
Creditors: amounts falling due within one year
2021
2020
£
£
Taxation and social security
751
1,313
Other creditors
228,061
194,191
228,812
195,504
7
Creditors: amounts falling due after more than one year
2021
2020
£
£
Other creditors
910,984
847,553
8
Called up share capital
2021
2020
2021
2020
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
3
3
3
3
Ordinary A of £1 each
3
3
3
3
6
6
6
6
2021-05-302020-05-31falseCCH SoftwareCCH Accounts Production 2022.100No description of principal activityMrs S RiceD A Rice Esq107675832020-05-312021-05-30107675832021-05-30107675832020-05-3010767583core:CurrentFinancialInstrumentscore:WithinOneYear2021-05-3010767583core:CurrentFinancialInstrumentscore:WithinOneYear2020-05-3010767583core:Non-currentFinancialInstrumentscore:AfterOneYear2021-05-3010767583core:Non-currentFinancialInstrumentscore:AfterOneYear2020-05-3010767583core:CurrentFinancialInstruments2021-05-3010767583core:CurrentFinancialInstruments2020-05-3010767583core:ShareCapital2021-05-3010767583core:ShareCapital2020-05-3010767583core:RetainedEarningsAccumulatedLosses2021-05-3010767583core:RetainedEarningsAccumulatedLosses2020-05-3010767583core:ShareCapitalOrdinaryShares2021-05-3010767583core:ShareCapitalOrdinaryShares2020-05-3010767583bus:Director12020-05-312021-05-30107675832019-06-012020-05-3010767583core:Subsidiary12020-05-312021-05-3010767583core:Subsidiary22020-05-312021-05-3010767583core:Subsidiary112020-05-312021-05-3010767583core:Subsidiary222020-05-312021-05-3010767583core:WithinOneYear2021-05-3010767583core:WithinOneYear2020-05-3010767583core:Non-currentFinancialInstruments2021-05-3010767583core:Non-currentFinancialInstruments2020-05-3010767583bus:PrivateLimitedCompanyLtd2020-05-312021-05-3010767583bus:SmallCompaniesRegimeForAccounts2020-05-312021-05-3010767583bus:FRS1022020-05-312021-05-3010767583bus:AuditExemptWithAccountantsReport2020-05-312021-05-3010767583bus:Director22020-05-312021-05-3010767583bus:FullAccounts2020-05-312021-05-30xbrli:purexbrli:sharesiso4217:GBP