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REGISTERED NUMBER: 05201448 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

C O C TRADING LIMITED

C O C TRADING LIMITED (REGISTERED NUMBER: 05201448)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


C O C TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Mr. A. Ransom
Mrs. C. M. Carratt



REGISTERED OFFICE: Units A1/A2,Gold Bank Business Park
Wilton Road
Humberston
GRIMSBY
DN36 4AW



REGISTERED NUMBER: 05201448 (England and Wales)



ACCOUNTANTS: Smethurst & Co LLP
12 Abbey Road
GRIMSBY
DN32 0HL



BANKERS: Santander Bank plc
49 Victoria Street West
GRIMSBY
DN31 1DE

C O C TRADING LIMITED (REGISTERED NUMBER: 05201448)

ABRIDGED BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 138,188 151,353
Investment property 5 1,443,482 1,185,000
1,581,670 1,336,353

CURRENT ASSETS
Stocks 530,000 560,000
Debtors 525,030 508,070
Cash at bank and in hand 529,551 640,907
1,584,581 1,708,977
CREDITORS
Amounts falling due within one year 143,876 130,435
NET CURRENT ASSETS 1,440,705 1,578,542
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,022,375

2,914,895

PROVISIONS FOR LIABILITIES 74,835 58,950
NET ASSETS 2,947,540 2,855,945

CAPITAL AND RESERVES
Allotted, called up and
fully paid share capital 4 4
Profit and loss account 2,947,536 2,855,941
SHAREHOLDERS' FUNDS 2,947,540 2,855,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

C O C TRADING LIMITED (REGISTERED NUMBER: 05201448)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 October 2024 and were signed on its behalf by:





Mrs. C. M. Carratt - Director


C O C TRADING LIMITED (REGISTERED NUMBER: 05201448)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

C O C Trading Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 2% Straight Line
Plant and machinery - 20% Reducing Balance
Fixtures and fittings - 20% Reducing Balance
Motor vehicles - 25% Reducing Balance
Computer equipment - 33% Straight Line

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

C O C TRADING LIMITED (REGISTERED NUMBER: 05201448)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023 278,354
Additions 1,149
At 31 January 2024 279,503
DEPRECIATION
At 1 February 2023 127,001
Charge for year 14,314
At 31 January 2024 141,315
NET BOOK VALUE
At 31 January 2024 138,188
At 31 January 2023 151,353

5. INVESTMENT PROPERTY

FAIR VALUE£   
Fair Value at 1 February 20231,185,000
Additions258,482
Movement in fair value-

Fair Value at 31 January 20241,443,482

Whilst a professional valuation of investment property has not been used at the year end, the Directors are of the opinion that the figure shown above represents the fair value of the property at the Balance Sheet date.