Coole Holdings Limited 09535708 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is property rental Digita Accounts Production Advanced 6.30.9574.0 true true 09535708 2023-01-01 2023-12-31 09535708 2023-12-31 09535708 core:CurrentFinancialInstruments 2023-12-31 09535708 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 09535708 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 09535708 core:LandBuildings core:OwnedOrFreeholdAssets 2023-12-31 09535708 bus:SmallEntities 2023-01-01 2023-12-31 09535708 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 09535708 bus:FullAccounts 2023-01-01 2023-12-31 09535708 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09535708 bus:RegisteredOffice 2023-01-01 2023-12-31 09535708 bus:Director1 2023-01-01 2023-12-31 09535708 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09535708 countries:AllCountries 2023-01-01 2023-12-31 09535708 2022-12-31 09535708 core:LandBuildings core:OwnedOrFreeholdAssets 2022-12-31 09535708 2022-01-01 2022-12-31 09535708 2022-12-31 09535708 core:CurrentFinancialInstruments 2022-12-31 09535708 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 09535708 core:Non-currentFinancialInstruments core:AfterOneYear 2022-12-31 09535708 core:LandBuildings core:OwnedOrFreeholdAssets 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 09535708

Coole Holdings Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Coole Holdings Limited

(Registration number: 09535708)

Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

3

295,150

295,150

Current assets

 

Debtors

4

100

100

Cash at bank and in hand

 

3,281

5,694

 

3,381

5,794

Creditors: Amounts falling due within one year

5

(98,601)

(169,215)

Net current liabilities

 

(95,220)

(163,421)

Total assets less current liabilities

 

199,930

131,729

Creditors: Amounts falling due after more than one year

5

(164,456)

(114,048)

Net assets

 

35,474

17,681

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

35,374

17,581

Shareholders' funds

 

35,474

17,681

 

Coole Holdings Limited

(Registration number: 09535708)

Balance Sheet as at 31 December 2023

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 28 October 2024 and signed on its behalf by:
 

.........................................

Mr Andrew Coole
Director

 

Coole Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

Accounting policies

Coole Holdings Limited is a private company, limited by shares, domiciled in England and Wales, company number 09535708. The registered office is at 4 Station Road, Royston, Barnsley, South Yorkshire, S71 4EW.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

These financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

After due consideration of all relevent factors, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.

Investment property

Investment properties are included at fair value. Gains are recognised in the statement of profit and loss. Deferred tax is provided on these gains at the rate expected to arise on the ultimate sale of the property.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

 

Coole Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

3

Tangible assets

Investment property
£

Total
£

At Fair Value

At 1 January 2023

295,150

295,150

At 31 December 2023

295,150

295,150

Depreciation

At 31 December 2023

-

-

Carrying amount

At 31 December 2023

295,150

295,150

At 31 December 2022

295,150

295,150

4

Debtors

2023
£

2022
£

Other debtors

100

100

100

100

5

Creditors

Creditors: amounts falling due within one year

2023
 £

2022
 £

Due within one year

Bank borrowings

8,678

69,787

Trade creditors

1,200

-

Directors' current accounts

131

-

Social security and other taxes

4,237

1,515

Amounts due to related parties

74,009

91,368

Accrued expenses

1,050

1,855

Corporation tax

9,296

4,690

98,601

169,215

Due after one year

Bank borrowings

164,456

114,048

The bank borrowings are secured against the investment property.