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REGISTERED NUMBER: 04711127 (England and Wales)
















Coakley & Cox Ltd

Unaudited Financial Statements

for the Year Ended 31st March 2023






Coakley & Cox Ltd (Registered number: 04711127)






Contents of the Financial Statements
for the Year Ended 31st March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Coakley & Cox Ltd

Company Information
for the Year Ended 31st March 2023







Directors: Mr S F J Coakley
Mr T J W Cox





Registered office: 135-139 Curtain Road
London
EC2A 3BX





Registered number: 04711127 (England and Wales)





Accountants: Wilson Stevens
Accountants
4th Floor
100 Fenchurch Street
London
EC3M 5JD

Coakley & Cox Ltd (Registered number: 04711127)

Statement of Financial Position
31st March 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 35,809 40,234

Current assets
Stocks 102,161 62,725
Debtors 5 88,097 175,176
Cash at bank and in hand 75,195 72,337
265,453 310,238
Creditors
Amounts falling due within one year 6 247,443 252,482
Net current assets 18,010 57,756
Total assets less current liabilities 53,819 97,990

Creditors
Amounts falling due after more than one
year

7

25,701

35,573

Capital and reserves
Called up share capital 100 100
Retained earnings 28,018 62,317
28,118 62,417
53,819 97,990

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Coakley & Cox Ltd (Registered number: 04711127)

Statement of Financial Position - continued
31st March 2023


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 Board of Directors and authorised for issue on 19th October 2023 and were signed on its behalf by:





Mr T J W Cox - Director


Coakley & Cox Ltd (Registered number: 04711127)

Notes to the Financial Statements
for the Year Ended 31st March 2023

1. Statutory information

Coakley & Cox Ltd 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.

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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 20% reducing balance
Fixtures and fittings - 20% reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

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.

3. Employees and directors

The average number of employees during the year was 26 (2022 - 19 ) .

Coakley & Cox Ltd (Registered number: 04711127)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023

4. Tangible fixed assets
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
Cost
At 1st April 2022 101,978 164,181 266,159
Additions 3,640 881 4,521
At 31st March 2023 105,618 165,062 270,680
Depreciation
At 1st April 2022 91,754 134,171 225,925
Charge for year 2,770 6,176 8,946
At 31st March 2023 94,524 140,347 234,871
Net book value
At 31st March 2023 11,094 24,715 35,809
At 31st March 2022 10,224 30,010 40,234

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 59,245 112,163
Other debtors 28,852 63,013
88,097 175,176

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 9,882 12,287
Trade creditors 102,611 92,817
Taxation and social security 46,297 42,010
Other creditors 88,653 105,368
247,443 252,482

An unlimited guarantee was given to the bank in respect of SCP Limited, a company under the control of Mr S F J Coakley.

7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans 25,701 35,573