Company Registration No. 11150674 (England and Wales)
COW & CO PROPERTIES LIMITED
Unaudited accounts
for the year ended 31 March 2023
COW & CO PROPERTIES LIMITED
Unaudited accounts
Contents
COW & CO PROPERTIES LIMITED
Company Information
for the year ended 31 March 2023
Directors
Mr J T Cooley
Ms K C A Sayles
Company Number
11150674 (England and Wales)
Registered Office
1 LOWER GROUND FLOOR
10 BARLEY MOW PASSAGE
CHISWICK
W4 4PH
UNITED KINGDOM
Accountants
GIA Foley & Co Ltd
West Clayton Business Centre
Berry Lane
Chorleywood
Hertfordshire
WD3 5EX
COW & CO PROPERTIES LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
6,795
9,060
Cash at bank and in hand
-
17,862
Creditors: amounts falling due within one year
(120,032)
(99,876)
Net current assets
56,250
34,012
Total assets less current liabilities
63,045
43,072
Creditors: amounts falling due after more than one year
(61,441)
(39,787)
Provisions for liabilities
Deferred tax
(1,291)
(1,721)
Called up share capital
100
100
Profit and loss account
213
1,464
Shareholders' funds
313
1,564
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2023 and were signed on its behalf by
Mr J T Cooley
Director
Company Registration No. 11150674
COW & CO PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
COW & CO PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11150674. The registered office is 1 LOWER GROUND FLOOR, 10 BARLEY MOW PASSAGE, CHISWICK, W4 4PH, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
COW & CO PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
6,354
10,447
16,801
At 31 March 2023
6,354
10,447
16,801
At 1 April 2022
2,966
4,775
7,741
Charge for the year
847
1,418
2,265
At 31 March 2023
3,813
6,193
10,006
At 31 March 2023
2,541
4,254
6,795
At 31 March 2022
3,388
5,672
9,060
Amounts falling due within one year
Trade debtors
1,511
12,081
Other debtors
174,771
103,945
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
25,105
5,222
Trade creditors
34,734
24,069
Taxes and social security
9,280
17,410
Other creditors
31,067
22,729
7
Creditors: amounts falling due after more than one year
2023
2022
COW & CO PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan
56,093
98,851
33,535
121,409
56,093
98,851
33,535
121,409
At the balance sheet date the Director owed the company £121,409, the loan is interest free, repayable on demand.
9
Average number of employees
During the year the average number of employees was 5 (2022: 8).