Company Registration No. SC289563 (Scotland)
Cocoa Mountain Ltd
Unaudited accounts
for the year ended 30 November 2022
Cocoa Mountain Ltd
Unaudited accounts
Contents
Cocoa Mountain Ltd
Company Information
for the year ended 30 November 2022
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 2022
Intangible assets
4,882
5,137
Tangible assets
309,344
305,205
Cash at bank and in hand
164,732
223,152
Creditors: amounts falling due within one year
(374,013)
(315,098)
Net current liabilities
(170,271)
(54,066)
Total assets less current liabilities
144,055
256,376
Creditors: amounts falling due after more than one year
(130,920)
(171,135)
Provisions for liabilities
Deferred tax
(12,152)
(12,152)
Called up share capital
100
100
Profit and loss account
883
72,989
Shareholders' funds
983
73,089
For the year ending 30 November 2022 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 20 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 2022
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 2022
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2021
287,829
190,690
13,345
491,864
Additions
-
28,947
-
28,947
At 30 November 2022
287,829
219,637
13,345
520,811
At 1 December 2021
48,923
125,308
12,428
186,659
Charge for the year
5,758
18,867
183
24,808
At 30 November 2022
54,681
144,175
12,611
211,467
At 30 November 2022
233,148
75,462
734
309,344
At 30 November 2021
238,906
65,382
917
305,205
6
Investments
Other investments
Valuation at 1 December 2021
100
Valuation at 30 November 2022
100
Amounts falling due within one year
8
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
37,843
20,575
Obligations under finance leases and hire purchase contracts
9,878
9,558
Trade creditors
93,424
65,623
Taxes and social security
86,853
57,643
Other creditors
61,361
12,194
Loans from directors
(41,940)
18,103
Deferred income
115,066
120,938
Cocoa Mountain Ltd
Notes to the Accounts
for the year ended 30 November 2022
9
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
106,582
144,425
Obligations under finance leases and hire purchase contracts
-
9,877
Amounts owed to group undertakings and other participating interests
24,338
16,833
10
Average number of employees
During the year the average number of employees was 0 (2021: 0).