01 January 2023 31 December 2023 No principle activity is included 01082405 2023-01-01 01082405 2023-12-31 01082405 2023-01-01 2023-12-31 01082405 2022-12-31 01082405 2022-01-01 2022-12-31 01082405 uk-core:WithinOneYear 2023-12-31 01082405 uk-core:WithinOneYear 2022-12-31 01082405 uk-core:ShareCapital 2023-12-31 01082405 uk-core:ShareCapital 2022-12-31 01082405 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 01082405 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 01082405 uk-bus:Director1 2023-01-01 2023-12-31 01082405 uk-bus:RegisteredOffice 2023-01-01 2023-12-31 01082405 uk-curr:PoundSterling 2023-01-01 2023-12-31 01082405 uk-core:PlantMachinery 2023-01-01 2023-12-31 01082405 uk-core:Vehicles 2023-01-01 2023-12-31 01082405 uk-core:FurnitureFittings 2023-01-01 2023-12-31 01082405 uk-core:OfficeEquipment 2023-01-01 2023-12-31 01082405 uk-core:VehiclesPlantMachinery 2022-12-31 01082405 uk-core:FurnitureFittingsToolsEquipment 2022-12-31 01082405 uk-core:VehiclesPlantMachinery 2023-12-31 01082405 uk-core:FurnitureFittingsToolsEquipment 2023-12-31 01082405 uk-core:VehiclesPlantMachinery 2023-01-01 2023-12-31 01082405 uk-core:FurnitureFittingsToolsEquipment 2023-01-01 2023-12-31 01082405 uk-bus:FRS102 2023-01-01 2023-12-31 01082405 uk-bus:FullAccounts 2023-01-01 2023-12-31 01082405 uk-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 01082405 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
  G COX (OLDBURY) LIMITED
   
   
   
  UNAUDITED FINANCIAL STATEMENTS
   
   
  FOR THE YEAR ENDED 31 DECEMBER 2023
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
  G COX (OLDBURY) LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 31 DECEMBER 2023
       
       
  DIRECTORS
       
  J M Cox
  J S Cox
       
       
  SECRETARY
       
  J M Cox
       
  REGISTERED OFFICE
       
  78 Birmingham Street
Oldbury
West Midlands
B69 4EB
       
       
  COMPANY REGISTERED NUMBER
       
  01082405
       
       
  BANKERS
       
  National Westminster Bank
Dudley Branch
Dudley
West Midlands
       
       
  ACCOUNTANTS
       
  Lyness Accountancy Practice Limited
  Chartered Certified Accountants
  78 Birmingham Street
Oldbury
West Midlands
B69 4EB
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
  page 1
  G COX (OLDBURY) LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 31 DECEMBER 2023
       
       
  CONTENTS
       
  Pages
       
       
  3-4 Statement of Financial Position  
       
       
  5-7 Notes to the Financial Statements  
       
     
  page 2
  G COX (OLDBURY) LIMITED
  Company registered number: 01082405
  STATEMENT OF FINANCIAL POSITION AT 31 December 2023
           
    Note 2023 2022
      £ £ £
  FIXED ASSETS
  Property, plant and equipment 3 70,401 76,541
  CURRENT ASSETS    
  Inventories   5,386 6,022
  Debtors 4 494,939 585,363
  Cash at bank and in hand   143,079 282
      643,404 591,667
  CREDITORS: Amounts falling due within one year 5 596,236 606,904
  NET CURRENT ASSETS/(LIABILITIES)   47,168 (15,237)
  TOTAL ASSETS LESS CURRENT LIABILITIES   117,569 61,304
           
  PROVISIONS FOR LIABILITIES   (13,376) (14,542)
  NET ASSETS   £104,193 £46,762
       
  CAPITAL AND RESERVES
  Called up share capital   5,000 5,000
  Retained earnings   99,193 41,762
  SHAREHOLDERS' FUNDS   £104,193 £46,762
       
  The notes on pages 5-7 form part of these financial statements
   
  page 3
  G COX (OLDBURY) LIMITED
  Company registered number: 01082405
  STATEMENT OF FINANCIAL POSITION AT 31 December 2023 (CONT.)
           
    Note 2023 2022
      £ £ £
       
       
  In approving these financial statements as directors of the company we hereby confirm the following:
       
  For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
       
  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: 1) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.
 
 
  These financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies
       
  In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
       
  The financial statements were approved and authorised for issue by the board of directors on 20 September 2024
 
  Signed on behalf of the board of directors
 
 
       
  J S Cox, Director
       
       
  The notes on pages 5-7 form part of these financial statements
   
  page 4
  G COX (OLDBURY) LIMITED
  NOTES TO THE ACCOUNTS
  FOR THE YEAR ENDED 31 DECEMBER 2023
       
 
1. SIGNIFICANT ACCOUNTING POLICIES
       
         
1a. Statement of compliance
         
  G Cox (Oldbury) Limited, company number 01082405, is a private limited company incorporated in England & Wales.
         
  Registered office:
  78 Birmingham Street
Oldbury
West Midlands
B69 4EB
         
1b. Basis of accounting
         
  These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
  The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.
         
1c. Revenue recognition
         
  Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
         
1d. Taxation
         
  Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. The measurement of deferred tax liabilities and assets reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
         
 
         
 
       
1e. Property, plant and equipment
       
  Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
       
  Plant and machinery Reducing balance 25%  
  Vehicles Reducing balance 25%  
  Fixtures and fittings Reducing balance 15%  
  Equipment Reducing balance 8%  
  The notes on pages 5-7 form part of these financial statements
   
  page 5
  G COX (OLDBURY) LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 31 DECEMBER 2023
       
 
1. SIGNIFICANT ACCOUNTING POLICIES (CONT.)
         
1f. Inventories
         
  Stocks are stated at the lower of cost and net realisable value. Cost includes all costs incurred in bringing each product to its present location and condition.
         
         
1g. Short term debtors and creditors
         
  Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.
         
       
       
2. DIRECTORS AND EMPLOYEES
       
  The average weekly number of employees during the year were as follows:
    2023 2022
    No. No.
  Management and administration 8 8
  Production and sales 17 17
    25 25
   
         
3. PROPERTY, PLANT AND EQUIPMENT
    Plant & Fixtures &  
    Machinery Equipment Total
    £ £ £
  Cost
         
  At 1 January 2023 69,823 454,537 524,360
         
  At 31 December 2023 69,823 454,537 524,360
   
  Depreciation
         
  At 1 January 2023 69,678 378,141 447,819
  For the year 28 6,112 6,140
  At 31 December 2023 69,706 384,253 453,959
   
  Net Book Amounts
         
  At 31 December 2023 117 70,284 70,401
  At 31 December 2022 145 76,396 76,541
   
  The notes on pages 5-7 form part of these financial statements
   
  page 6
  G COX (OLDBURY) LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 31 DECEMBER 2023
       
       
4. DEBTORS 2023 2022
    £ £
  Trade debtors 356,824 507,240
  Amounts owed by rel companies 84,095 -
  Other debtors 54,020 78,123
    £494,939 £585,363
   
       
       
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
    2023 2022
    £ £
  Bank loans and overdrafts - 24,641
  Trade creditors 326,106 330,676
  Amounts owed to undertakings in which the company has a participating interest - 12,705
  Corporation tax 18,546 2,694
  Other taxes and social security 73,640 76,314
  Other creditors 149,561 142,624
  Accruals and deferred income 28,383 17,250
    £596,236 £606,904
   
       
  The notes on pages 5-7 form part of these financial statements
   
  page 7