Company Registration No. 11617542 (England and Wales)
B COSGROVE LIMITED
Unaudited accounts
for the year ended 31 October 2023
B COSGROVE LIMITED
Unaudited accounts
Contents
B COSGROVE LIMITED
Company Information
for the year ended 31 October 2023
Director
Benjamin Cosgrove
Company Number
11617542 (England and Wales)
Registered Office
TOP FLOOR, CORNER HOUSE
MARKET PLACE
BRAINTREE
CM7 3HQ
ENGLAND
Accountants
ST Accountancy Services Ltd
Corner House
Market Place
Braintree
Essex
CM7 3HQ
B COSGROVE LIMITED
Statement of financial position
as at 31 October 2023
Tangible assets
25,853
50,225
Cash at bank and in hand
16,373
4,033
Creditors: amounts falling due within one year
(79,601)
(135,347)
Net current liabilities
(28,070)
(47,026)
Total assets less current liabilities
(2,217)
3,199
Creditors: amounts falling due after more than one year
(962)
(962)
Provisions for liabilities
Other provisions
(500)
(500)
Net (liabilities)/assets
(3,679)
1,737
Called up share capital
1
1
Profit and loss account
(3,680)
1,736
Shareholders' funds
(3,679)
1,737
For the year ending 31 October 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 31 July 2024 and were signed on its behalf by
Benjamin Cosgrove
Director
Company Registration No. 11617542
B COSGROVE LIMITED
Notes to the Accounts
for the year ended 31 October 2023
B COSGROVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11617542. The registered office is TOP FLOOR, CORNER HOUSE, MARKET PLACE, BRAINTREE, CM7 3HQ, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Other tangible fixed assets
20% Reducing Balance
The accounts are prepared on the going concern basis and have been supported by the directors contributions.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2022
42,185
42,912
85,097
Disposals
(23,000)
-
(23,000)
At 31 October 2023
19,185
42,912
62,097
At 1 November 2022
25,546
9,326
34,872
Charge for the year
4,160
7,275
11,435
On disposals
(10,063)
-
(10,063)
At 31 October 2023
19,643
16,601
36,244
At 31 October 2023
(458)
26,311
25,853
At 31 October 2022
16,639
33,586
50,225
B COSGROVE LIMITED
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
18,933
80,288
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
24,000
32,000
Obligations under finance leases and hire purchase contracts
15,851
34,947
Trade creditors
1,975
21,605
Taxes and social security
23,719
18,438
Loans from directors
10,796
17,388
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).