A Cosma Limited 06542478 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is the receipts of a share of partnership profit from trading partnership of Martin Murray & Associates, a firm of solicitors. Digita Accounts Production Advanced 6.30.9574.0 true true 06542478 2022-04-01 2023-03-31 06542478 2023-03-31 06542478 core:CurrentFinancialInstruments 2023-03-31 06542478 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 06542478 core:Goodwill 2023-03-31 06542478 bus:SmallEntities 2022-04-01 2023-03-31 06542478 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 06542478 bus:FullAccounts 2022-04-01 2023-03-31 06542478 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 06542478 bus:RegisteredOffice 2022-04-01 2023-03-31 06542478 bus:Director2 2022-04-01 2023-03-31 06542478 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 06542478 countries:EnglandWales 2022-04-01 2023-03-31 06542478 2022-03-31 06542478 core:Goodwill 2022-03-31 06542478 2021-04-01 2022-03-31 06542478 2022-03-31 06542478 core:CurrentFinancialInstruments 2022-03-31 06542478 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 06542478

A Cosma Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2023

 

A Cosma Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

A Cosma Limited

(Registration number: 06542478)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Current assets

 

Debtors

5

177,151

280,371

Cash at bank and in hand

 

30,255

32,996

 

207,406

313,367

Creditors: Amounts falling due within one year

6

(173,590)

(236,162)

Net assets

 

33,816

77,205

Capital and reserves

 

Called up share capital

100

100

Retained earnings

33,716

77,105

Shareholders' funds

 

33,816

77,205

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 8 November 2023
 

.........................................
Mr Andrew Cosma
Director

 

A Cosma Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Brook House
54A Cowley Mill Road
Uxbridge
UB8 2FX

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover represents the company's share of partnership profits from Martin Murray & Associates, a firm of solicitors.

Intangible assets

Goodwill has been written off in full.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

A Cosma Limited

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

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 April 2022

1,020,000

1,020,000

At 31 March 2023

1,020,000

1,020,000

Amortisation

At 1 April 2022

1,020,000

1,020,000

At 31 March 2023

1,020,000

1,020,000

Carrying amount

At 31 March 2023

-

-

 

A Cosma Limited

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

5

Debtors

Current

2023
£

2022
£

Other debtors

177,151

280,371

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Other creditors

173,590

236,162

7

Related party transactions

Other transactions with the director

During the year the director, A Cosma, had a loan with the company. As at the balance sheet date £172,675 (2022: £235,247) remains due to the director. No interest has been charged on the loan.