REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30 April 2024 |
for |
Co View Holdings Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30 April 2024 |
for |
Co View Holdings Limited |
Co View Holdings Limited (Registered number: 11508354) |
Contents of the Financial Statements |
for the Year Ended 30 April 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Co View Holdings Limited |
Company Information |
for the Year Ended 30 April 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
794 High Street |
Kingswinford |
West Midlands |
DY6 8BQ |
Co View Holdings Limited (Registered number: 11508354) |
Balance Sheet |
30 April 2024 |
30.4.24 | 30.4.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Share premium | 7 |
Retained earnings | 7 |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Co View Holdings Limited (Registered number: 11508354) |
Notes to the Financial Statements |
for the Year Ended 30 April 2024 |
1. | STATUTORY INFORMATION |
Co View Holdings Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Co View Holdings Limited (Registered number: 11508354) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2024 |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1 May 2023 |
and 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
At 30 April 2023 |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Registered office: United Kingdom |
Nature of business: |
% |
Class of shares: | holding |
30.4.24 | 30.4.23 |
£ | £ |
Aggregate capital and reserves |
Profit for the year |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.24 | 30.4.23 |
£ | £ |
Amounts owed to group undertakings |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.4.24 | 30.4.23 |
value: | £ | £ |
Ordinary Shares | £1 | 140 | 140 |
Ordinary A Shares | £1 | 140 | 140 |
280 | 280 |
The company conducted a purchase of own shares on 8th July 2022 as follows: |
60 one pound ordinary shares and 60 one pound ordinary A shares. On purchase the shares were cancelled and an amount of £120 was transferred to share premium account. |
Co View Holdings Limited (Registered number: 11508354) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2024 |
7. | RESERVES |
Retained | Share |
earnings | premium | Totals |
£ | £ | £ |
At 1 May 2023 | 1,017,320 | 120 | 1,017,440 |
Profit for the year | 190,799 | 190,799 |
Dividends | (46,000 | ) | (46,000 | ) |
At 30 April 2024 | 1,162,119 | 120 | 1,162,239 |
8. | RELATED PARTY DISCLOSURES |
Co View Limited is a wholly owned subsidiary of Coview Solutions Limited, which in turn, is a wholly owned subsidiary of Mill Barn Holdings Limited. Mill Barn Holdings Limited is wholly owned by Co View Holdings Limited. |
At the balance sheet date the company owed £NIL (£20,390 : 2023) to Co View Limited. |
At the balance sheet date the company owed £NIL (£124,503 : 2023) to Mill Barn Holdings Limited. |
The company received dividends, in the year under review, from Mill Barn Holdings Limited totalling £190,893 (£637,050 : 2023) |
The company paid dividends in the year totalling £46,000 to its directors as follows: |
Mr W Greenwood £46,000 |
Mrs L Greenwood £Nil |
9. | ULTIMATE CONTROLLING PARTY |
The controlling party is M W Greenwood. |
The ultimate controlling party is |