Cooks Carpets & Furnishing Ltd |
Registered Number:04254698 |
For the year ended 31 July 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 July 2023
Cooks Carpets & Furnishing Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Cooks Carpets & Furnishing Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
27,140
19,041
3
27,140
19,041
93,684
88,128
4
Trade and other receivables |
39,893
74,106
5
175,145
Cash and cash equivalents |
92,536
254,770
308,722
Trade and other payables: amounts falling due within one |
year |
(132,718)
(120,091)
6
176,004
134,679
Net current assets
Total assets less current liabilities |
161,819
195,045
Trade and other payables: amounts falling due after more |
than one year |
(61,894)
(40,960)
7
(5,157)
(3,618)
Provisions for liabilities |
115,702
Net assets
129,533
110
110
115,592
129,423
115,702
129,533
Shareholders' funds
For the year ended 31 July 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 of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 23 February 2024 and were signed by: |
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For the year ended 31 July 2023
Cooks Carpets & Furnishing Ltd
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 5
For the year ended 31 July 2023
Cooks Carpets & Furnishing Ltd
Notes to the Financial Statements
Statutory Information
Cooks Carpets & Furnishing Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 04254698. |
Unit 1
Oaktree Business Park
Queens Lane
Mold
CH7 1XB
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer & office equipment
Motor vehicles & plant
Fixtures & fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
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. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding. |
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For the year ended 31 July 2023
Cooks Carpets & Furnishing Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Website
4,170
4,170
4,170
4,170
3. Property, plant and equipment |
Computer & |
office |
equipment |
175,992
25,146
130,323
20,523
10,836
-
10,836
-
20,523
141,159
25,146
186,828
Provision for depreciation and impairment |
156,951
23,684
118,544
14,723
Charge for year
2,264
-
2,264
-
473
473
-
-
159,688
24,157
120,808
14,723
5,800
20,351
989
27,140
5,800
11,779
1,462
19,041
2022
2023
88,128
93,684
5. Trade and other receivables |
2022
2023
58,227
36,160
Prepayments and accrued income |
3,733
3,733
12,146
-
39,893
74,106
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For the year ended 31 July 2023
Cooks Carpets & Furnishing Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due within one year |
2022
2023
10,090
9,341
50,756
69,711
Taxation and social security |
37,280
46,967
Accruals and deferred income |
5,200
5,772
16,765
927
120,091
132,718
7. Trade and other payables: amounts falling due after more than one year |
2022
2023
21,636
31,726
30,168
19,324
40,960
61,894
8. Average number of persons employed |
During the year the average number of employees was 5 (2022 : 5)
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