2023-01-01 08661287 2023-12-31 08661287 2023-01-01 2023-12-31 08661287 2022-12-31 08661287 2022-01-01 2022-12-31 08661287 uk-core:WithinOneYear 2022-12-31 08661287 uk-core:WithinOneYear 2023-12-31 08661287 uk-core:AfterOneYear 2022-12-31 08661287 uk-core:AfterOneYear 2023-12-31 08661287 uk-core:ShareCapital 2023-12-31 08661287 uk-core:ShareCapital 2022-12-31 08661287 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 08661287 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 08661287 uk-bus:Director1 2023-01-01 2023-12-31 08661287 uk-bus:Director2 2023-01-01 2023-12-31 08661287 uk-core:NetGoodwill 2023-01-01 2023-12-31 08661287 uk-core:PlantMachinery 2023-01-01 2023-12-31 08661287 uk-core:CommercialMotorVehicles 2023-01-01 2023-12-31 08661287 uk-core:OfficeEquipment 2023-01-01 2023-12-31 08661287 uk-core:WithinOneYear 2023-12-31 08661287 uk-core:WithinOneYear 2022-12-31 08661287 uk-core:AfterOneYear uk-core:Secured 2023-12-31 08661287 uk-core:AfterOneYear uk-core:Secured 2022-12-31 iso4217:GBP xbrli:pure 08661287 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 08661287 uk-bus:FRS102 2023-01-01 2023-12-31 08661287 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 08661287 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Cook & Sons Motor Company Limited
Registered Number:08661287
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
08661287
As at 31 December 2023
Cook & Sons Motor Company Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Intangible assets
-
29,000
Property, plant and equipment
7,849
9,533
7,849
38,533
Current assets
Inventories
266,511
332,075
2
Trade and other receivables
15,447
14,087
3
131,842
Cash and cash equivalents
43,084
389,246
413,800
Trade and other payables: amounts falling due within one
year
(122,121)
(104,236)
4
291,679
285,010
Net current assets
Total assets less current liabilities
292,859
330,212
Trade and other payables: amounts falling due after more
than one year
(36,767)
(31,528)
5
(541)
(861)
Provisions for liabilities
260,790
Net assets
292,584
Capital and reserves
Called up share capital
102
102
Retained earnings
260,688
292,482
260,790
292,584
Shareholders' funds
For the year ended 31 December 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 December 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.
1 of 4
3
Registered Number :
08661287
For the year ended 31 December 2023
Cook & Sons Motor Company Limited
Statement of Financial Position Continued
TWF Cook Director
AD Cook Director
These financial statements were approved and authorised for issue by the Board on 12 March 2024 and were signed by:
The notes form part of these financial statements
2 of 4
4
For the year ended 31 December 2023
Cook & Sons Motor Company Limited
Notes to the Financial Statements
Statutory Information
Cook & Sons Motor Company Limited is a private limited company, limited by shares, domiciled in England
and Wales, registration number 08661287.
Principal place of business:
Unit 8 Ashburton Industrial Estate
Ross-on-Wye
Herefordshire
HR9 7BW
Registered address:
Suite 22, Stirling House
Centenary Pk, Skylon Central
Hereford
HR2 6FJ
The presentation currency is £ sterling.
1. Accounting policies
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of 10 years.
Property, plant and equipment
Property, plant and equipment, 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:
Plant and Machinery
20% Straight line
20% Straight line
Motor Vehicles
20% Straight line
Office Equipment
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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.
3 of 4
5
For the year ended 31 December 2023
Cook & Sons Motor Company Limited
Notes to the Financial Statements Continued
2. Inventories
2022
2023
£
£
Stocks
332,075
266,511
3. Trade and other receivables
2022
2023
£
£
Trade debtors
2,748
4,203
Prepayments and accrued income
11,339
11,244
15,447
14,087
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
25,275
34,902
Trade creditors
13,266
14,964
Taxation and social security
55,216
45,001
Other creditors
10,479
27,254
104,236
122,121
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
31,528
36,767
6. Average number of persons employed
During the year the average number of employees was 8 (2022 : 8)
4 of 4