1 December 2022 false No description of principal activity Taxfiler 2023.12 09858137business:PrivateLimitedCompanyLtd2022-12-012023-11-30 098581372022-11-30 098581372022-12-012023-11-30 09858137business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 09858137business:FilletedAccounts2022-12-012023-11-30 098581372023-11-30 09858137business:Director12022-12-012023-11-30 09858137business:Director22022-12-012023-11-30 09858137business:RegisteredOffice2022-12-012023-11-30 098581372022-11-30 09858137core:WithinOneYear2023-11-30 09858137core:WithinOneYear2022-11-30 09858137core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 09858137core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 09858137core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 09858137core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 09858137core:PreviouslyStatedAmount2023-11-30 09858137core:PreviouslyStatedAmount2022-11-30 09858137business:SmallEntities2022-12-012023-11-30 09858137countries:EnglandWales2022-12-012023-11-30 09858137core:FurnitureFittings2022-12-012023-11-30 09858137core:FurnitureFittings2022-11-30 09858137core:FurnitureFittings2023-11-30 098581372021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 09858137 (England and Wales)
COLES ACCOUNTING (CAMBRIDGE) LIMITED Unaudited accounts for the year ended 30 November 2023
COLES ACCOUNTING (CAMBRIDGE) LIMITED Unaudited accounts Contents
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COLES ACCOUNTING (CAMBRIDGE) LIMITED Company Information for the year ended 30 November 2023
Directors
Rebecca Coles James Prior
Company Number
09858137 (England and Wales)
Registered Office
NEWTON HALL TOWN STREET NEWTON CAMBRIDGE CB22 7ZE ENGLAND
Accountants
Coles Accounting (Cambridge) Limited Newton Hall Town Street, Newton Cambridge Cambridgeshire CB22 7ZE
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COLES ACCOUNTING (CAMBRIDGE) LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,950 
2,127 
Current assets
Debtors
22,175 
20,947 
Cash at bank and in hand
20,563 
28,240 
42,738 
49,187 
Creditors: amounts falling due within one year
(22,831)
(21,538)
Net current assets
19,907 
27,649 
Total assets less current liabilities
21,857 
29,776 
Provisions for liabilities
Deferred tax
(374)
(404)
Net assets
21,483 
29,372 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
21,473 
29,362 
Shareholders' funds
21,483 
29,372 
For the year ending 30 November 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 8 February 2023 and were signed on its behalf by
Rebecca Coles Director Company Registration No. 09858137
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COLES ACCOUNTING (CAMBRIDGE) LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
COLES ACCOUNTING (CAMBRIDGE) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09858137. The registered office is NEWTON HALL TOWN STREET, NEWTON, CAMBRIDGE, CB22 7ZE, 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 rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
Deferred taxation
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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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COLES ACCOUNTING (CAMBRIDGE) LIMITED Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 December 2022
6,871 
Additions
499 
At 30 November 2023
7,370 
Depreciation
At 1 December 2022
4,744 
Charge for the year
676 
At 30 November 2023
5,420 
Net book value
At 30 November 2023
1,950 
At 30 November 2022
2,127 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
22,175 
20,947 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
5,581 
3,584 
Trade creditors
836 
2,145 
Taxes and social security
7,261 
9,233 
Loans from directors
40 
145 
Accruals
9,113 
6,431 
22,831 
21,538 
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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