COCOON COLLECTION LTD

Company Registration Number:
05572665 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

COCOON COLLECTION LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Balance sheet
Notes

COCOON COLLECTION LTD

Balance sheet

As at 29 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 16,060 12,793
Total fixed assets: 16,060 12,793
Current assets
Stocks: 140,000 129,074
Debtors: 4 129,209 59,609
Cash at bank and in hand:   2
Total current assets: 269,209 188,685
Creditors: amounts falling due within one year: 5 (262,070) (233,276)
Net current assets (liabilities): 7,139 (44,591)
Total assets less current liabilities: 23,199 (31,798)
Creditors: amounts falling due after more than one year: 6 (23,135) (9,802)
Total net assets (liabilities): 64 (41,600)
Capital and reserves
Called up share capital: 411 411
Share premium account: 54,998 54,998
Other reserves: 1 1
Profit and loss account: (55,346) (97,010)
Shareholders funds: 64 (41,600)

The notes form part of these financial statements

COCOON COLLECTION LTD

Balance sheet statements

For the year ending 29 February 2024 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 in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 October 2024
and signed on behalf of the board by:

Name: Ms A McManus
Status: Director

The notes form part of these financial statements

COCOON COLLECTION LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life- Plant and machinery etc - 25% on reducing balance

COCOON COLLECTION LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

2. Employees

2024 2023
Average number of employees during the period 10 12

COCOON COLLECTION LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 35,477
Additions 8,621
At 29 February 2024 44,098
Depreciation
At 01 March 2023 22,684
Charge for year 5,354
At 29 February 2024 28,038
Net book value
At 29 February 2024 16,060
At 28 February 2023 12,793

COCOON COLLECTION LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Debtors

Debtors falling due within one year-Trade debtors £56,379 (2023-£44,628), Other debtors £72,830 (2023-£14,981). Total £129,209 (2023-£59,609)

COCOON COLLECTION LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Creditors: amounts falling due within one year note

Creditors amounts falling due within one year-Bank loans and overdrafts £106,110 (2023-£87,667), Trade creditors £62,441 (2023-£64,095), Taxation and social security £56,461 (2023-£44,739), Other creditors £37,058 (2023-£36,775), Total £262,070 (2023-£233,276)

COCOON COLLECTION LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

6. Creditors: amounts falling due after more than one year note

Other creditors £23,135 (2023-£9,802)