IRIS Accounts Production v24.2.0.383 10878897 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh108788972022-12-31108788972023-12-31108788972023-01-012023-12-31108788972021-12-31108788972022-01-012022-12-31108788972022-12-3110878897ns15:EnglandWales2023-01-012023-12-3110878897ns14:PoundSterling2023-01-012023-12-3110878897ns10:Director12023-01-012023-12-3110878897ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3110878897ns10:SmallEntities2023-01-012023-12-3110878897ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3110878897ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3110878897ns10:FullAccounts2023-01-012023-12-311087889712023-01-012023-12-3110878897ns10:Director22023-01-012023-12-3110878897ns10:RegisteredOffice2023-01-012023-12-3110878897ns5:CurrentFinancialInstruments2023-12-3110878897ns5:CurrentFinancialInstruments2022-12-3110878897ns5:Non-currentFinancialInstruments2023-12-3110878897ns5:Non-currentFinancialInstruments2022-12-3110878897ns5:ShareCapital2023-12-3110878897ns5:ShareCapital2022-12-3110878897ns5:RetainedEarningsAccumulatedLosses2023-12-3110878897ns5:RetainedEarningsAccumulatedLosses2022-12-3110878897ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3110878897ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-01-012023-12-3110878897ns5:PlantMachinery2023-01-012023-12-3110878897ns5:IntangibleAssetsOtherThanGoodwill2022-12-3110878897ns5:IntangibleAssetsOtherThanGoodwill2023-12-3110878897ns5:IntangibleAssetsOtherThanGoodwill2022-12-3110878897ns5:PlantMachinery2022-12-3110878897ns5:PlantMachinery2023-12-3110878897ns5:PlantMachinery2022-12-3110878897ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3110878897ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3110878897ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-12-3110878897ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-12-31
REGISTERED NUMBER: 10878897 (England and Wales)














COHAUS LTD

Unaudited Financial Statements

for the Year Ended 31 December 2023






COHAUS LTD (REGISTERED NUMBER: 10878897)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


COHAUS LTD

Company Information
for the Year Ended 31 December 2023







Directors: Ms J Carey
Mr A J Bates





Registered office: Artisans' House
7 Queensbridge
Northampton
Northamptonshire
NN4 7BF





Registered number: 10878897 (England and Wales)





Accountants: Cobley Desborough
Chartered Certified Accountants
Chartered Tax Advisers
Artisans' House
7 Queensbridge
Northampton
Northamptonshire
NN4 7BF

COHAUS LTD (REGISTERED NUMBER: 10878897)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,334 1,991
Investment property 6 251,892 251,892
253,226 253,883

CURRENT ASSETS
Debtors 7 774 549
Cash at bank 1,145 2,855
1,919 3,404
CREDITORS
Amounts falling due within one year 8 145,140 133,757
NET CURRENT LIABILITIES (143,221 ) (130,353 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

110,005

123,530

CREDITORS
Amounts falling due after more than
one year

9

252,688

282,720
NET LIABILITIES (142,683 ) (159,190 )

COHAUS LTD (REGISTERED NUMBER: 10878897)

Balance Sheet - continued
31 December 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (142,783 ) (159,290 )
(142,683 ) (159,190 )

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by:





Mr A J Bates - Director


COHAUS LTD (REGISTERED NUMBER: 10878897)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

Cohaus Ltd 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.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

Current or deferred taxation assets and liabilities are not discounted.

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.


COHAUS LTD (REGISTERED NUMBER: 10878897)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


2. ACCOUNTING POLICIES - continued
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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Going concern
The current economic conditions present increased risks for all businesses. In response to such conditions, the director has carefully considered these risks, including an assessment of uncertainty on future trading projections for a period of at least twelve months from the date of signing the financial statements, and the extent to which they might affect the preparation of the financial statements on a going concern basis.

Based on this assessment, the director considers that the Company maintains an appropriate level of liquidity, sufficient to meet the demands of the business including any capital and servicing obligations of external liabilities.

In addition, the Company's assets are assessed for recoverability on a regular basis, and the director considers that the Company is not exposed to losses of these assets which would affect their decision to adopt the going concern basis.

The director is therefore satisfied and has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties that lead to significant doubt upon the Company's ability to continue as a going concern. Theses financial statements have therefore been prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

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

COHAUS LTD (REGISTERED NUMBER: 10878897)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
Cost
At 1 January 2023
and 31 December 2023 24,377
Amortisation
At 1 January 2023
and 31 December 2023 24,377
Net book value
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
Cost
At 1 January 2023
and 31 December 2023 6,292
Depreciation
At 1 January 2023 4,301
Charge for year 657
At 31 December 2023 4,958
Net book value
At 31 December 2023 1,334
At 31 December 2022 1,991

COHAUS LTD (REGISTERED NUMBER: 10878897)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


6. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 January 2023
and 31 December 2023 251,892
Net book value
At 31 December 2023 251,892
At 31 December 2022 251,892

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 774 549

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 1,759 5,278
Other creditors 143,381 128,479
145,140 133,757

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 12,491 42,522
Other creditors 240,197 240,198
252,688 282,720

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 240,197 240,198

Repayable by instalments
Bank loans more 5 yr by instal 5,455 21,411