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REGISTERED NUMBER: 03141350 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Coton Orchard Limited

Coton Orchard Limited (Registered number: 03141350)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Coton Orchard Limited

Company Information
for the year ended 31 December 2023







DIRECTORS: Ms A T Gazeley
Dr S Gazeley



SECRETARY: Ms A T Gazeley



REGISTERED OFFICE: Landbeach Lakes
Ely Road
Waterbeach
Cambridge
Cambridgeshire
CB25 9PG



REGISTERED NUMBER: 03141350 (England and Wales)



ACCOUNTANTS: Pinfields Limited
Chartered Accountants
Meryll House
57 Worcester Road
Bromsgrove
Worcestershire
B61 7DN



BANKERS: Barclays Bank PLC
P.O.Box 326
Cambridge
Cambridgeshire
CB4 3UT

Coton Orchard Limited (Registered number: 03141350)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 142,125 136,513

CURRENT ASSETS
Debtors 5 15,313 14,610
Cash at bank 735,904 733,019
751,217 747,629
CREDITORS
Amounts falling due within one year 6 106,800 110,263
NET CURRENT ASSETS 644,417 637,366
TOTAL ASSETS LESS CURRENT
LIABILITIES

786,542

773,879

CAPITAL AND RESERVES
Called up share capital 400,000 400,000
Retained earnings 386,542 373,879
SHAREHOLDERS' FUNDS 786,542 773,879

Coton Orchard Limited (Registered number: 03141350)

Balance Sheet - continued
31 December 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 July 2024 and were signed on its behalf by:





Dr S Gazeley - Director


Coton Orchard Limited (Registered number: 03141350)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Coton Orchard Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The presentation currency of these financial statements is sterling (£) and they are rounded to the nearest £1.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 2% on cost
Plant and machinery - 15% on reducing balance and 10% on cost
Fixtures and fittings - 33% on cost and 15% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Coton Orchard Limited (Registered number: 03141350)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2023 148,616 110,157 13,462 18,168 290,403
Additions - 1,273 - 13,653 14,926
At 31 December 2023 148,616 111,430 13,462 31,821 305,329
DEPRECIATION
At 1 January 2023 24,751 99,059 12,080 18,000 153,890
Charge for year 2,972 1,856 1,031 3,455 9,314
At 31 December 2023 27,723 100,915 13,111 21,455 163,204
NET BOOK VALUE
At 31 December 2023 120,893 10,515 351 10,366 142,125
At 31 December 2022 123,865 11,098 1,382 168 136,513

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed by associates 2,797 2,797
Prepayments 12,516 11,813
15,313 14,610

Coton Orchard Limited (Registered number: 03141350)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 11,939 11,535
Tax 1,563 6,492
Pension control 64 64
VAT 6,936 6,868
Directors' current accounts 34,773 35,462
Accrued expenses 51,525 49,842
106,800 110,263