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REGISTERED NUMBER: 12937054 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

COSMOR GROUNDWORKS LIMITED

COSMOR GROUNDWORKS LIMITED (REGISTERED NUMBER: 12937054)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


COSMOR GROUNDWORKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: K J Costello





REGISTERED OFFICE: 2 Jordan Street
Knott Mill
Manchester
M15 4PY





REGISTERED NUMBER: 12937054 (England and Wales)





ACCOUNTANTS: Christian Douglass Accountants Limited
Chartered Accountants
2 Jordan Street
Knott Mill
Manchester
M15 4PY

COSMOR GROUNDWORKS LIMITED (REGISTERED NUMBER: 12937054)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 124,670 95,053

CURRENT ASSETS
Stocks 15,000 4,200
Debtors 5 578,114 367,518
Cash at bank 1,310 4,820
594,424 376,538
CREDITORS
Amounts falling due within one year 6 634,083 367,039
NET CURRENT (LIABILITIES)/ASSETS (39,659 ) 9,499
TOTAL ASSETS LESS CURRENT
LIABILITIES

85,011

104,552

CREDITORS
Amounts falling due after more than one year 7 (29,587 ) (29,849 )

PROVISIONS FOR LIABILITIES (18,830 ) (10,216 )
NET ASSETS 36,594 64,487

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 36,593 64,486
SHAREHOLDERS' FUNDS 36,594 64,487

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 31 July 2024 and were signed by:



K J Costello - Director


COSMOR GROUNDWORKS LIMITED (REGISTERED NUMBER: 12937054)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Cosmor Groundworks Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 12937054 and its registered office is at 2 Jordan Street, Knott Mill, Manchester, M15 4PY.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

COSMOR GROUNDWORKS LIMITED (REGISTERED NUMBER: 12937054)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 114,797
Additions 74,176
Disposals (18,192 )
At 31 October 2023 170,781
DEPRECIATION
At 1 November 2022 19,744
Charge for year 35,085
Eliminated on disposal (8,718 )
At 31 October 2023 46,111
NET BOOK VALUE
At 31 October 2023 124,670
At 31 October 2022 95,053

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 November 2022 55,295
Additions 36,700
At 31 October 2023 91,995
DEPRECIATION
At 1 November 2022 8,324
Charge for year 18,413
At 31 October 2023 26,737
NET BOOK VALUE
At 31 October 2023 65,258
At 31 October 2022 46,971

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 275,652 278,145
Other debtors 302,462 89,373
578,114 367,518

COSMOR GROUNDWORKS LIMITED (REGISTERED NUMBER: 12937054)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Hire purchase contracts (see note 8) 26,045 15,035
Trade creditors 71,507 9,065
Taxation and social security 1,075 29,299
Other creditors 535,456 313,640
634,083 367,039

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.23 31.10.22
£    £   
Hire purchase contracts (see note 8) 29,587 29,849

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.10.23 31.10.22
£    £   
Net obligations repayable:
Within one year 26,045 15,035
Between one and five years 29,587 29,849
55,632 44,884

Non-cancellable operating leases
31.10.23 31.10.22
£    £   
Within one year 1,647 9,882

9. SECURED DEBTS

The following secured debts are included within creditors:

31.10.23 31.10.22
£    £   
Hire purchase contracts 55,632 44,884

Hire purchase liabilities are secured on the assets concerned.

10. RELATED PARTY DISCLOSURES

The director has provided a personal guarantee to a company financier.

11. POST BALANCE SHEET EVENTS

On 8 November 2023, the company became a wholly owned subsidiary of Cosmor Group Limited.