IRIS Accounts Production v22.1.4.3 04478277 director 1.8.21 31.7.22 31.7.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure044782772021-07-31044782772022-07-31044782772021-08-012022-07-31044782772020-07-31044782772020-08-012021-07-31044782772021-07-3104478277ns16:EnglandWales2021-08-012022-07-3104478277ns15:PoundSterling2021-08-012022-07-3104478277ns11:Director12021-08-012022-07-3104478277ns11:PrivateLimitedCompanyLtd2021-08-012022-07-3104478277ns11:SmallEntities2021-08-012022-07-3104478277ns11:AuditExempt-NoAccountantsReport2021-08-012022-07-3104478277ns11:SmallCompaniesRegimeForDirectorsReport2021-08-012022-07-3104478277ns11:SmallCompaniesRegimeForAccounts2021-08-012022-07-3104478277ns11:FullAccounts2021-08-012022-07-3104478277ns11:RegisteredOffice2021-08-012022-07-3104478277ns6:CurrentFinancialInstruments2022-07-3104478277ns6:CurrentFinancialInstruments2021-07-3104478277ns6:ShareCapital2022-07-3104478277ns6:ShareCapital2021-07-3104478277ns6:RetainedEarningsAccumulatedLosses2022-07-3104478277ns6:RetainedEarningsAccumulatedLosses2021-07-3104478277ns6:FurnitureFittings2021-08-012022-07-3104478277ns6:MotorVehicles2021-08-012022-07-3104478277ns6:FurnitureFittings2021-07-3104478277ns6:MotorVehicles2021-07-3104478277ns6:FurnitureFittings2022-07-3104478277ns6:MotorVehicles2022-07-3104478277ns6:FurnitureFittings2021-07-3104478277ns6:MotorVehicles2021-07-3104478277ns6:WithinOneYearns6:CurrentFinancialInstruments2022-07-3104478277ns6:WithinOneYearns6:CurrentFinancialInstruments2021-07-3104478277ns11:Director112021-07-3104478277ns11:Director112020-07-3104478277ns11:Director112021-08-012022-07-3104478277ns11:Director112020-08-012021-07-3104478277ns11:Director112022-07-3104478277ns11:Director112021-07-31
REGISTERED NUMBER: 04478277 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2022

for

D.A. Cooke Limited

D.A. Cooke Limited (Registered number: 04478277)






Contents of the Financial Statements
for the Year Ended 31 July 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D.A. Cooke Limited

Company Information
for the Year Ended 31 July 2022







DIRECTOR: Mr D A Cooke





REGISTERED OFFICE: Bridge Cottage, Barney Road
Fulmodeston
Fakenham
Norfolk
NR21 0AT





REGISTERED NUMBER: 04478277 (England and Wales)





ACCOUNTANTS: Steve Pye & Co.
Chartered Certified Accountants
Unit 8
Home Farm
Norwich Road
Norwich
Norfolk
NR10 5PQ

D.A. Cooke Limited (Registered number: 04478277)

Balance Sheet
31 July 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 11,285 15,046

CURRENT ASSETS
Stocks 4,000 4,000
Debtors 6 48,343 17,835
Cash at bank 54,919 156,722
107,262 178,557
CREDITORS
Amounts falling due within one year 7 67,025 135,585
NET CURRENT ASSETS 40,237 42,972
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,522

58,018

PROVISIONS FOR LIABILITIES 2,146 2,861
NET ASSETS 49,376 55,157

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 49,276 55,057
49,376 55,157

D.A. Cooke Limited (Registered number: 04478277)

Balance Sheet - continued
31 July 2022


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 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.

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 August 2022 and were signed by:





Mr D A Cooke - Director


D.A. Cooke Limited (Registered number: 04478277)

Notes to the Financial Statements
for the Year Ended 31 July 2022

1. STATUTORY INFORMATION

D.A. Cooke 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period to which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods. The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are the depreciation charges that are calculated with reference to the useful economic life of fixed assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

D.A. Cooke Limited (Registered number: 04478277)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2022

3. ACCOUNTING POLICIES - continued

Financial instruments
The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

a) Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

b) Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.

c) Impairment of financial assets
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

d) Trade and other creditors
Debt instruments like loans and other accounts payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable within one year, typically trade payables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset is measured, initially and subsequently, at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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

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

D.A. Cooke Limited (Registered number: 04478277)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2022

3. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 August 2021
and 31 July 2022 4,083 21,695 25,778
DEPRECIATION
At 1 August 2021 3,677 7,055 10,732
Charge for year 101 3,660 3,761
At 31 July 2022 3,778 10,715 14,493
NET BOOK VALUE
At 31 July 2022 305 10,980 11,285
At 31 July 2021 406 14,640 15,046

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 8,539 14,563
Other debtors 39,804 3,272
48,343 17,835

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 45,573 14,891
Taxation and social security 3,973 21,829
Other creditors 17,479 98,865
67,025 135,585

D.A. Cooke Limited (Registered number: 04478277)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2022

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2022 and 31 July 2021:

2022 2021
£    £   
Mr D A Cooke
Balance outstanding at start of year - -
Amounts advanced 15,069 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 15,069 -