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REGISTERED NUMBER: 11846785 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

COEL Commercial Investments Ltd

COEL Commercial Investments Ltd (Registered number: 11846785)






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




Page

Balance Sheet 1


COEL Commercial Investments Ltd (Registered number: 11846785)

Balance Sheet
31 October 2023

2023 2022
£    £    £    £   
FIXED ASSETS 1,075,000 1,075,000

CURRENT ASSETS 544,870 110,516

CREDITORS
Amounts falling due within one year (68,506 ) (52,845 )
NET CURRENT ASSETS 476,364 57,671
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,551,364

1,132,671

RESERVES 1,551,364 1,132,671

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

COEL Commercial Investments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11846785

Registered office: Suite D, South Cambridge Business Park
Babraham Road
Sawston
Cambridge
Cambridgeshire
CB22 3JH

2. AVERAGE NUMBER OF EMPLOYEES

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

3. PRIOR YEAR ADJUSTMENTS

The accounts show a gain on the disposal of a freehold property. Prior period accounts had not recorded the initial property addition. The property was acquired through transfer of ownership from a related party, CMS (Cambridge) Ltd, which was transferred on 25 February 2021. The omission of the property transfer has been identified within the current year due to the disposal. As a result of this, the assets have been understated in previous years.

This is considered to be a material error requiring presentation as a prior period adjustment. As a result, the freehold property balance bought forward has been increased by £290,000. The difference has been adjusted as an increase to retained earnings brought forward as the debt arising on the aquisition from the related party has been waived.



COEL Commercial Investments Ltd (Registered number: 11846785)

Balance Sheet - continued
31 October 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 24 October 2024 and were signed on its behalf by:





N T Cook - Director