15 May 2022 false No description of principal activity Taxfiler 2023.11.1 09040840business:PrivateLimitedCompanyLtd2022-05-152023-05-14 090408402022-05-14 090408402022-05-152023-05-14 09040840business:AuditExemptWithAccountantsReport2022-05-152023-05-14 09040840business:FilletedAccounts2022-05-152023-05-14 090408402023-05-14 09040840business:Director22022-05-152023-05-14 09040840business:RegisteredOffice2022-05-152023-05-14 090408402022-05-14 09040840core:WithinOneYear2023-05-14 09040840core:WithinOneYear2022-05-14 09040840core:AfterOneYear2023-05-14 09040840core:AfterOneYear2022-05-14 09040840core:ShareCapitalcore:PreviouslyStatedAmount2023-05-14 09040840core:ShareCapitalcore:PreviouslyStatedAmount2022-05-14 09040840core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-14 09040840core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-14 09040840core:PreviouslyStatedAmount2023-05-14 09040840core:PreviouslyStatedAmount2022-05-14 09040840business:SmallEntities2022-05-152023-05-14 09040840countries:EnglandWales2022-05-152023-05-14 09040840core:PlantMachinery2022-05-152023-05-14 09040840core:FurnitureFittings2022-05-152023-05-14 09040840core:PlantMachinery2022-05-14 09040840core:FurnitureFittings2022-05-14 09040840core:PlantMachinery2023-05-14 09040840core:FurnitureFittings2023-05-14 09040840business:OrdinaryShareClass12022-05-152023-05-14 09040840business:OrdinaryShareClass12021-05-152022-05-14 090408402021-05-152022-05-14 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09040840 (England and Wales)
FATHER COD LTD Unaudited accounts for the year ended 14 May 2023
FATHER COD LTD Unaudited accounts Contents
Page
- 2 -
FATHER COD LTD Company Information for the year ended 14 May 2023
Director
Mr S Yalcin
Company Number
09040840 (England and Wales)
Registered Office
61A Courtney Road Maidstone ME15 6UW England
Accountants
DNG Associates 214 Baker Street Enfield London EN1 3JT
- 3 -
FATHER COD LTD Statement of financial position as at 14 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,756 
10,678 
Current assets
Inventories
1,954 
2,127 
Debtors
10,000 
15,000 
Cash at bank and in hand
1,199 
337 
13,153 
17,464 
Creditors: amounts falling due within one year
(6,478)
(3,273)
Net current assets
6,675 
14,191 
Total assets less current liabilities
15,431 
24,869 
Creditors: amounts falling due after more than one year
(10,840)
(16,840)
Net assets
4,591 
8,029 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
4,590 
8,028 
Shareholders' funds
4,591 
8,029 
For the year ending 14 May 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 director acknowledges his 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 and authorised for issue on 6 February 2024 and were signed on its behalf by
Mr S Yalcin Director Company Registration No. 09040840
- 4 -
FATHER COD LTD Notes to the Accounts for the year ended 14 May 2023
1
Statutory information
FATHER COD LTD is a private company, limited by shares, registered in England and Wales, registration number 09040840. The registered office and principal place of business is 61A Courtney Road, Maidstone, ME15 6UW, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Plant & machinery
18% - reducing line method
Fixtures & fittings
18% - reducing line method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
- 5 -
FATHER COD LTD Notes to the Accounts for the year ended 14 May 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 15 May 2022
9,850 
5,476 
15,326 
At 14 May 2023
9,850 
5,476 
15,326 
Depreciation
At 15 May 2022
2,954 
1,694 
4,648 
Charge for the year
1,241 
681 
1,922 
At 14 May 2023
4,195 
2,375 
6,570 
Net book value
At 14 May 2023
5,655 
3,101 
8,756 
At 14 May 2022
6,896 
3,782 
10,678 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
10,000 
15,000 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
4,000 
- 
Taxes and social security
6 
2,742 
Loans from directors
2,472 
531 
6,478 
3,273 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
10,840 
16,840 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Transactions with related parties
Included within other creditors is an amount of £2,472 (2022;£531) due to its directors. There are no terms as to interest or repayment in respect of this balance.
10
Average number of employees
During the year the average number of employees was 3 (2022: 3).
- 6 -