Company Registration No. SC289563 (Scotland)
Cocoa Mountain Ltd
Unaudited accounts
for the year ended 30 November 2021
Cocoa Mountain Ltd
Unaudited accounts
Contents
Cocoa Mountain Ltd
Company Information
for the year ended 30 November 2021
Directors
James Findlay
Paul Maden
Company Number
SC289563 (Scotland)
Registered Office
5 Islay Place
Perth
PH1 3FU
United Kingdom
Accountants
Fraser + Accountants
3 Barossa Place
Perth
Perthshire
PH1 5HG
Cocoa Mountain Ltd
Statement of financial position
as at 30 November 2021
Intangible assets
5,137
4,967
Tangible assets
305,205
310,624
Cash at bank and in hand
223,152
116,949
Creditors: amounts falling due within one year
(315,098)
(347,197)
Net current liabilities
(54,066)
(174,196)
Total assets less current liabilities
256,376
141,495
Creditors: amounts falling due after more than one year
(171,135)
(120,689)
Provisions for liabilities
Deferred tax
(12,152)
(11,989)
Called up share capital
100
100
Profit and loss account
72,989
8,717
Shareholders' funds
73,089
8,817
For the year ending 30 November 2021 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 directors acknowledge their 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 of Directors and authorised for issue on 19 August 2024 and were signed on its behalf by
James Findlay
Director
Company Registration No. SC289563
Cocoa Mountain Ltd
Notes to the Accounts
for the year ended 30 November 2021
Cocoa Mountain Ltd is a private company, limited by shares, registered in Scotland, registration number SC289563. The registered office is 5 Islay Place, Perth, PH1 3FU, United Kingdom.
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:
Land & buildings
2% straight line
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Cocoa Mountain Ltd
Notes to the Accounts
for the year ended 30 November 2021
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2020
287,829
173,778
13,345
474,952
Additions
-
16,912
-
16,912
At 30 November 2021
287,829
190,690
13,345
491,864
At 1 December 2020
43,165
108,964
12,199
164,328
Charge for the year
5,758
16,344
229
22,331
At 30 November 2021
48,923
125,308
12,428
186,659
At 30 November 2021
238,906
65,382
917
305,205
At 30 November 2020
244,664
64,814
1,146
310,624
6
Investments
Other investments
Valuation at 1 December 2020
100
Valuation at 30 November 2021
100
Amounts falling due within one year
Amounts due from group undertakings etc.
-
6,240
Accrued income and prepayments
-
720
8
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
20,575
56,590
Obligations under finance leases and hire purchase contracts
9,558
8,432
Trade creditors
65,623
76,517
Taxes and social security
57,643
28,145
Other creditors
12,194
3,040
Loans from directors
18,103
17,211
Deferred income
120,938
126,809
Cocoa Mountain Ltd
Notes to the Accounts
for the year ended 30 November 2021
9
Creditors: amounts falling due after more than one year
2021
2020
Bank loans
144,425
101,254
Obligations under finance leases and hire purchase contracts
9,877
19,435
Amounts owed to group undertakings and other participating interests
16,833
-
10
Average number of employees
During the year the average number of employees was 0 (2020: 0).