Cockrams Surveyors Limited 08684721 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is chartered surveyors. The company commenced tradfing on 1 February 2022. Digita Accounts Production Advanced 6.30.9574.0 true true 08684721 2023-04-01 2024-03-31 08684721 2024-03-31 08684721 core:RetainedEarningsAccumulatedLosses 2024-03-31 08684721 core:ShareCapital 2024-03-31 08684721 core:CurrentFinancialInstruments 2024-03-31 08684721 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 08684721 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 08684721 core:LandBuildings core:ShortLeaseholdAssets 2024-03-31 08684721 core:MotorVehicles 2024-03-31 08684721 core:OfficeEquipment 2024-03-31 08684721 core:PlantMachinery 2024-03-31 08684721 bus:SmallEntities 2023-04-01 2024-03-31 08684721 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08684721 bus:FilletedAccounts 2023-04-01 2024-03-31 08684721 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08684721 bus:RegisteredOffice 2023-04-01 2024-03-31 08684721 bus:Director2 2023-04-01 2024-03-31 08684721 bus:Director4 2023-04-01 2024-03-31 08684721 bus:Director5 2023-04-01 2024-03-31 08684721 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08684721 core:LandBuildings 2023-04-01 2024-03-31 08684721 core:LandBuildings core:ShortLeaseholdAssets 2023-04-01 2024-03-31 08684721 core:MotorVehicles 2023-04-01 2024-03-31 08684721 core:OfficeEquipment 2023-04-01 2024-03-31 08684721 core:PlantMachinery 2023-04-01 2024-03-31 08684721 countries:EnglandWales 2023-04-01 2024-03-31 08684721 2023-03-31 08684721 core:LandBuildings core:ShortLeaseholdAssets 2023-03-31 08684721 core:MotorVehicles 2023-03-31 08684721 core:OfficeEquipment 2023-03-31 08684721 core:PlantMachinery 2023-03-31 08684721 2022-04-01 2023-03-31 08684721 2023-03-31 08684721 core:RetainedEarningsAccumulatedLosses 2023-03-31 08684721 core:ShareCapital 2023-03-31 08684721 core:CurrentFinancialInstruments 2023-03-31 08684721 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 08684721 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 08684721 core:LandBuildings core:ShortLeaseholdAssets 2023-03-31 08684721 core:MotorVehicles 2023-03-31 08684721 core:OfficeEquipment 2023-03-31 08684721 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 08684721

Cockrams Surveyors Limited

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Cockrams Surveyors Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 10

 

Cockrams Surveyors Limited

Company Information

Directors

C Cockram

R Cawley

W Cawley

Registered office

Suite 5, St Piran House
Truro Technology Park
Heron Way
Newham
Truro
TR1 2XN

Accountants

Burton Sweet Limited
Spencer House
Morston Court
Aisecome Way
Weston-super-Mare
North Somerset
BS22 8NG

 

Cockrams Surveyors Limited

(Registration number: 08684721)
Balance Sheet
31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

20,242

42,873

Current assets

 

Debtors

5

36,931

35,776

Cash at bank and in hand

 

16,080

77,195

 

53,011

112,971

Creditors: Amounts falling due within one year

6

(22,765)

(51,534)

Net current assets

 

30,246

61,437

Total assets less current liabilities

 

50,488

104,310

Creditors: Amounts falling due after more than one year

6

-

(4,224)

Net assets

 

50,488

100,086

Capital and reserves

 

Called up share capital

1

1

Retained earnings

50,487

100,085

Shareholders' funds

 

50,488

100,086

 

Cockrams Surveyors Limited

(Registration number: 08684721)
Balance Sheet
31 March 2024

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 September 2024 and signed on its behalf by:
 

.........................................
R Cawley
Director

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

Cockrams Surveyors Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Suite 5, St Piran House
Truro Technology Park
Heron Way
Newham
Truro
TR1 2XN
United Kingdom

These financial statements were authorised for issue by the Board on 11 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

 

Cockrams Surveyors Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Short leasehold

20% Straight Line

Plant and machinery

25% Reducing Balance

Motor vehicles

25% Reducing Balance

Office equipment

25% Reducing Balance

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

 

Cockrams Surveyors Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

 

Cockrams Surveyors Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2023 - 8).

 

Cockrams Surveyors Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

4

Tangible assets

Short leasehold
£

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2023

2,640

8,567

8,636

28,240

48,083

Disposals

-

-

-

(7,207)

(7,207)

At 31 March 2024

2,640

8,567

8,636

21,033

40,876

Depreciation

At 1 April 2023

264

1,038

943

2,965

5,210

Charge for the year

924

3,389

3,461

8,522

16,296

Eliminated on disposal

-

-

-

(872)

(872)

At 31 March 2024

1,188

4,427

4,404

10,615

20,634

Carrying amount

At 31 March 2024

1,452

4,140

4,232

10,418

20,242

At 31 March 2023

2,376

7,529

7,693

25,275

42,873

 

Cockrams Surveyors Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

Included within the net book value of land and buildings above is £1,452 (2023 - £2,376) in respect of short leasehold land and buildings.
 

 

Cockrams Surveyors Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

5

Debtors

2024
£

2023
£

Trade debtors

35,685

12,155

Prepayments

1,246

23,621

36,931

35,776

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

-

3,899

Trade creditors

 

492

12,705

Taxation and social security

 

18,293

16,987

Accruals and deferred income

 

3,700

4,313

Other creditors

 

280

13,630

 

22,765

51,534