Company Registration No. 07285869 (England and Wales)
COBRA COMPRESSED AIR LIMITED
Unaudited accounts
for the year ended 30 June 2023
COBRA COMPRESSED AIR LIMITED
Unaudited accounts
Contents
COBRA COMPRESSED AIR LIMITED
Company Information
for the year ended 30 June 2023
Director
MR RICHARD DAVIES
Company Number
07285869 (England and Wales)
Registered Office
1986422664
COBRA COMPRESSED AIR LIMITED
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
250
7,102
Creditors: amounts falling due within one year
-
(2,179)
Net current assets
250
4,923
Total assets less current liabilities
250
4,923
Creditors: amounts falling due after more than one year
(4,663)
(12,655)
Provisions for liabilities
Other provisions
-
(23,906)
Net liabilities
(4,413)
(31,638)
Called up share capital
100
100
Profit and loss account
(4,513)
(31,738)
Shareholders' funds
(4,413)
(31,638)
For the year ending 30 June 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 March 2024 and were signed on its behalf by
MR RICHARD DAVIES
Director
Company Registration No. 07285869
COBRA COMPRESSED AIR LIMITED
Notes to the Accounts
for the year ended 30 June 2023
COBRA COMPRESSED AIR LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07285869. The registered office is 1986422664.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Depreciation has been applied to write off the assets.
Motor vehicles
Depreciation has been applied to write off the assets.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2022
640
1,312
1,952
At 30 June 2023
640
1,312
1,952
At 1 July 2022
640
1,312
1,952
At 30 June 2023
640
1,312
1,952
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
1,077
COBRA COMPRESSED AIR LIMITED
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
4,663
12,655
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).