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Company Registration No. 12280636 (England and Wales)
Cobb Cows Limited Unaudited accounts for the year ended 31 October 2023
Cobb Cows Limited Unaudited accounts Contents
Page
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Cobb Cows Limited Company Information for the year ended 31 October 2023
Director
Matthew Cobb
Company Number
12280636 (England and Wales)
Registered Office
Hordle Manor Farm, Cliff Road Milford on Sea Lymington Hampshire SO41 0NW
Accountants
For and on Behalf of Tee Accounts Limited Rosehill House Polgooth Polgooth PL26 7BA
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Cobb Cows Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
82,966 
102,363 
Current assets
Inventories
- 
88,307 
Debtors
20,085 
20,349 
Cash at bank and in hand
1,761 
21,633 
21,846 
130,289 
Creditors: amounts falling due within one year
(167,448)
(174,681)
Net current liabilities
(145,602)
(44,392)
Total assets less current liabilities
(62,636)
57,971 
Creditors: amounts falling due after more than one year
(109,366)
(131,850)
Net liabilities
(172,002)
(73,879)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(172,102)
(73,979)
Shareholders' funds
(172,002)
(73,879)
For the year ending 31 October 2023 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 director acknowledges his 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 and authorised for issue on 31 October 2024 and were signed on its behalf by
Matthew Cobb Director Company Registration No. 12280636
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Cobb Cows Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Cobb Cows Limited is a private company, limited by shares, registered in England and Wales, registration number 12280636. The registered office is Hordle Manor Farm, Cliff Road, Milford on Sea, Lymington, Hampshire, SO41 0NW.
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.
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
20% straight line and 10% straight line, per annum
Fixtures & fittings
20% straight line, per annum
Stock
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Cobb Cows Limited Notes to the Accounts for the year ended 31 October 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
135,360 
21,483 
232 
157,075 
Additions
2,800 
500 
- 
3,300 
Disposals
- 
(11,557)
- 
(11,557)
At 31 October 2023
138,160 
10,426 
232 
148,818 
Depreciation
At 1 November 2022
42,492 
12,174 
46 
54,712 
Charge for the year
15,557 
4,397 
46 
20,000 
On disposals
- 
(8,860)
- 
(8,860)
At 31 October 2023
58,049 
7,711 
92 
65,852 
Net book value
At 31 October 2023
80,111 
2,715 
140 
82,966 
At 31 October 2022
92,868 
9,309 
186 
102,363 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
529 
- 
Trade debtors
3,280 
900 
Deferred tax asset
16,276 
19,449 
20,085 
20,349 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,039 
4,146 
VAT
- 
1,954 
Trade creditors
28,652 
51,114 
Taxes and social security
388 
212 
Loans from directors
107,607 
86,408 
Deferred income
27,762 
30,847 
167,448 
174,681 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
109,366 
131,850 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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