REGISTERED NUMBER: |
Financial Statements |
for the Period |
1 April 2022 to 30 September 2023 |
for |
Cobra Middlesbrough Limited |
REGISTERED NUMBER: |
Financial Statements |
for the Period |
1 April 2022 to 30 September 2023 |
for |
Cobra Middlesbrough Limited |
Cobra Middlesbrough Limited (Registered number: 03841290) |
Contents of the Financial Statements |
for the Period 1 April 2022 to 30 September 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Cobra Middlesbrough Limited |
Company Information |
for the Period 1 April 2022 to 30 September 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
SENIOR STATUTORY AUDITOR: |
AUDITORS: |
Chartered Accountants |
& Statutory Auditors |
140 Coniscliffe Road |
Darlington |
County Durham |
DL3 7RT |
Cobra Middlesbrough Limited (Registered number: 03841290) |
Balance Sheet |
30 September 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | 8 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Revaluation reserve |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 |
Cobra Middlesbrough Limited (Registered number: 03841290) |
Notes to the Financial Statements |
for the Period 1 April 2022 to 30 September 2023 |
1. | STATUTORY INFORMATION |
Cobra Middlesbrough Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
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 |
Freehold properties | - |
Leasehold properties | - |
Plant and machinery | - |
Workshop and office equipment | - |
Taxation |
Taxation for the period 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 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. |
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 period 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
Cobra Middlesbrough Limited (Registered number: 03841290) |
Notes to the Financial Statements - continued |
for the Period 1 April 2022 to 30 September 2023 |
4. | TANGIBLE FIXED ASSETS |
Workshop |
and |
Freehold | Leasehold | Plant and | office |
properties | properties | machinery | equipment | Totals |
£ | £ | £ | £ | £ |
COST OR VALUATION |
At 1 April 2022 |
Additions |
At 30 September 2023 |
DEPRECIATION |
At 1 April 2022 |
Charge for period |
At 30 September 2023 |
NET BOOK VALUE |
At 30 September 2023 |
At 31 March 2022 |
Cost or valuation at 30 September 2023 is represented by: |
Workshop |
and |
Freehold | Leasehold | Plant and | office |
properties | properties | machinery | equipment | Totals |
£ | £ | £ | £ | £ |
Valuation in 2019 | - | 107,161 | - | - | 107,161 |
Cost | 127,500 | 472,839 | 257,708 | 23,965 | 882,012 |
127,500 | 580,000 | 257,708 | 23,965 | 989,173 |
If leasehold properties had not been revalued it would have been included at the following historical cost: |
2023 | 2022 |
£ | £ |
Cost | 472,839 | 472,839 |
Aggregate depreciation | 251,734 | 251,734 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
Prepayments and accrued income |
Cobra Middlesbrough Limited (Registered number: 03841290) |
Notes to the Financial Statements - continued |
for the Period 1 April 2022 to 30 September 2023 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
Accruals and deferred income |
7. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
2023 | 2022 |
£ | £ |
Within one year |
Between one and five years |
In more than five years |
8. | PROVISIONS FOR LIABILITIES |
2023 | 2022 |
£ | £ |
Deferred tax | 19,375 | 14,929 |
Deferred |
tax |
£ |
Balance at 1 April 2022 |
Accelerated capital allowances | 4,446 |
Balance at 30 September 2023 |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
A Ordinary | 1.00 | 800 | 800 |
B Ordinary | 1.00 | 200 | 200 |
1,000 | 1,000 |
10. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
Cobra Middlesbrough Limited (Registered number: 03841290) |
Notes to the Financial Statements - continued |
for the Period 1 April 2022 to 30 September 2023 |
11. | ULTIMATE PARENT COMPANY |
The ultimate parent company is A.V. Dawson Limited, a company registered in England and Wales. The registered office is The Staiths, Port of Middlesbrough, Depot Road, Middlesbrough TS2 1LE. |