Company Registration No. SC289563 (Scotland)
Cocoa Mountain Ltd
Unaudited accounts
for the period from 1 December 2022 to 29 November 2023
Cocoa Mountain Ltd
Unaudited accounts
Contents
Cocoa Mountain Ltd
Company Information
for the period from 1 December 2022 to 29 November 2023
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 29 November 2023
Intangible assets
4,639
4,882
Tangible assets
288,347
309,344
Cash at bank and in hand
63,547
164,732
Creditors: amounts falling due within one year
(302,404)
(374,013)
Net current liabilities
(173,094)
(170,271)
Total assets less current liabilities
119,992
144,055
Creditors: amounts falling due after more than one year
(108,662)
(130,920)
Provisions for liabilities
Deferred tax
(11,137)
(12,152)
Called up share capital
100
100
Profit and loss account
93
883
Shareholders' funds
193
983
For the period ending 29 November 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 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 29 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 period from 1 December 2022 to 29 November 2023
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 period, 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.
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Intangible fixed assets
Other
Cocoa Mountain Ltd
Notes to the Accounts
for the period from 1 December 2022 to 29 November 2023
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
287,829
219,637
13,345
520,811
At 29 November 2023
287,829
219,637
13,345
520,811
At 1 December 2022
54,681
144,175
12,611
211,467
Charge for the period
5,758
15,092
147
20,997
At 29 November 2023
60,439
159,267
12,758
232,464
At 29 November 2023
227,390
60,370
587
288,347
At 30 November 2022
233,148
75,462
734
309,344
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Investments
Other investments
Valuation at 1 December 2022
100
Valuation at 29 November 2023
100
Amounts falling due within one year
8
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
41,353
37,843
Obligations under finance leases and hire purchase contracts
-
9,878
Trade creditors
106,619
93,424
Taxes and social security
80,366
86,853
Other creditors
29,247
61,361
Loans from directors
(96,069)
(41,940)
Deferred income
109,250
115,066
Cocoa Mountain Ltd
Notes to the Accounts
for the period from 1 December 2022 to 29 November 2023
9
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
43,433
24,338
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors current account
-
59,664
-
59,664
Directors current account
-
36,405
-
36,405
Balances on directors current accounts.
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Average number of employees
During the period the average number of employees was 0 (2022: 0).