IRIS Accounts Production v23.4.0.336 08304450 director 1.12.22 30.11.23 30.11.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083044502022-11-30083044502023-11-30083044502022-12-012023-11-30083044502021-11-30083044502021-12-012022-11-30083044502022-11-3008304450ns15:EnglandWales2022-12-012023-11-3008304450ns14:PoundSterling2022-12-012023-11-3008304450ns10:Director12022-12-012023-11-3008304450ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3008304450ns10:SmallEntities2022-12-012023-11-3008304450ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3008304450ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3008304450ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3008304450ns10:FullAccounts2022-12-012023-11-3008304450ns10:EntityHasNeverTraded2022-12-012023-11-3008304450ns10:RegisteredOffice2022-12-012023-11-3008304450ns5:CurrentFinancialInstruments2023-11-3008304450ns5:CurrentFinancialInstruments2022-11-3008304450ns5:Non-currentFinancialInstruments2023-11-3008304450ns5:Non-currentFinancialInstruments2022-11-3008304450ns5:ShareCapital2023-11-3008304450ns5:ShareCapital2022-11-3008304450ns5:FurtherSpecificReserve3ComponentTotalEquity2023-11-3008304450ns5:FurtherSpecificReserve3ComponentTotalEquity2022-11-3008304450ns5:RetainedEarningsAccumulatedLosses2023-11-3008304450ns5:RetainedEarningsAccumulatedLosses2022-11-3008304450ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3008304450ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3008304450ns5:Secured2023-11-3008304450ns5:Secured2022-11-30
REGISTERED NUMBER: 08304450 (England and Wales)















Cosanta Investments Limited

Unaudited Financial Statements for the Year Ended 30 November 2023






Cosanta Investments Limited (Registered number: 08304450)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Cosanta Investments Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: J S Dosanjh





REGISTERED OFFICE: Fairwinds
Pear Tree Lane
Shorne
Gravesend
Kent
DA12 3JX





REGISTERED NUMBER: 08304450 (England and Wales)





ACCOUNTANTS: Aggarwal & Co Limited
Chartered Accountants
5 London Road
Rainham
Gillingham
Kent
ME8 7RG

Cosanta Investments Limited (Registered number: 08304450)

Statement of Financial Position
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,130,000 1,065,000

CURRENT ASSETS
Debtors 5 7,949 7,949
Cash at bank 3,033 1,561
10,982 9,510
CREDITORS
Amounts falling due within one year 6 287,152 282,088
NET CURRENT LIABILITIES (276,170 ) (272,578 )
TOTAL ASSETS LESS CURRENT LIABILITIES 853,830 792,422

CREDITORS
Amounts falling due after more than one
year

7

(238,386

)

(247,475

)

PROVISIONS FOR LIABILITIES (153,232 ) (100,306 )
NET ASSETS 462,212 444,641

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 459,691 447,617
Retained earnings 2,421 (3,076 )
SHAREHOLDERS' FUNDS 462,212 444,641

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Cosanta Investments Limited (Registered number: 08304450)

Statement of Financial Position - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 March 2024 and were signed by:





J S Dosanjh - Director


Cosanta Investments Limited (Registered number: 08304450)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Cosanta Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment property
Investment property is included at fair value. Gains are recognised in the income statement and shown in a fair value reserve. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties. Basic financial instruments are recognised at amortised cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 December 2022 1,065,000
Revaluations 65,000
At 30 November 2023 1,130,000
NET BOOK VALUE
At 30 November 2023 1,130,000
At 30 November 2022 1,065,000

The investment property was valued at the balance sheet date by the director.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 7,949 7,949

Cosanta Investments Limited (Registered number: 08304450)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,828 6,939
Taxation and social security 581 -
Other creditors 277,743 275,149
287,152 282,088

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 238,386 247,475

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 196,237 208,039

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 247,214 254,414

The bank loans are secured by means of charges containing a negative pledge over investment property owned by the company.