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Company Registration No. 12756988 (England and Wales)
Cotham Hardware Limited Unaudited accounts for the year ended 31 July 2024
Cotham Hardware Limited Unaudited accounts Contents
Page
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Cotham Hardware Limited Company Information for the year ended 31 July 2024
Directors
John Raymond Cox Benjamin William James Hann
Company Number
12756988 (England and Wales)
Registered Office
Elm House, 10 Fountain Court New Leaze Bradley Stoke Bristol BS32 4LA United Kingdom
Accountants
Evans Entwistle 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Cotham Hardware Limited for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Cotham Hardware Limited for the year ended 31 July 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA 26 September 2024
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Cotham Hardware Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
21,875 
25,375 
Tangible assets
4,245 
7,482 
26,120 
32,857 
Current assets
Inventories
44,085 
42,193 
Debtors
12,221 
2,167 
Cash at bank and in hand
20,858 
11,997 
77,164 
56,357 
Creditors: amounts falling due within one year
(26,299)
(17,526)
Net current assets
50,865 
38,831 
Total assets less current liabilities
76,985 
71,688 
Creditors: amounts falling due after more than one year
- 
(6,848)
Provisions for liabilities
Deferred tax
- 
(719)
Net assets
76,985 
64,121 
Capital and reserves
Called up share capital
150 
100 
Profit and loss account
76,835 
64,021 
Shareholders' funds
76,985 
64,121 
For the year ending 31 July 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
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
Benjamin William James Hann Director Company Registration No. 12756988
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Cotham Hardware Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Cotham Hardware Limited is a private company, limited by shares, registered in England and Wales, registration number 12756988. The registered office is Elm House, 10 Fountain Court, New Leaze, Bradley Stoke, Bristol, BS32 4LA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 years straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Cotham Hardware Limited Notes to the Accounts for the year ended 31 July 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2023
35,000 
At 31 July 2024
35,000 
Amortisation
At 1 August 2023
9,625 
Charge for the year
3,500 
At 31 July 2024
13,125 
Net book value
At 31 July 2024
21,875 
At 31 July 2023
25,375 
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2023
16,187 
At 31 July 2024
16,187 
Depreciation
At 1 August 2023
8,705 
Charge for the year
3,237 
At 31 July 2024
11,942 
Net book value
At 31 July 2024
4,245 
At 31 July 2023
7,482 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
2,167 
2,167 
Other debtors
10,054 
- 
12,221 
2,167 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
6,216 
5,173 
Trade creditors
2,505 
1,931 
Taxes and social security
16,563 
9,443 
Other creditors
95 
69 
Accruals
920 
910 
26,299 
17,526 
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Cotham Hardware Limited Notes to the Accounts for the year ended 31 July 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
- 
6,848 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
150 Ordinary shares of £1 each
150 
100 
Shares issued during the period:
50 Ordinary shares of £1 each
50 
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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