Company Registration No. 11747731 (England and Wales)
Cosgrove Builders & Developers Ltd
Unaudited accounts
for the year ended 31 January 2024
Cosgrove Builders & Developers Ltd
Unaudited accounts
Contents
Cosgrove Builders & Developers Ltd
Company Information
for the year ended 31 January 2024
Director
Martin Paul Cosgrove
Company Number
11747731 (England and Wales)
Registered Office
TOP FLOOR, CORNER HOUSE
MARKET PLACE
BRAINTREE
CM7 3HQ
UNITED KINGDOM
Accountants
ST Accountancy Services Ltd
Corner House
Market Place
Braintree
Essex
CM7 3HQ
Cosgrove Builders & Developers Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
241,108
374,735
Cash at bank and in hand
3,192
44,388
Creditors: amounts falling due within one year
(156,506)
(263,081)
Net current liabilities
(78,241)
(100,257)
Net assets
162,867
274,478
Called up share capital
300
300
Profit and loss account
162,567
274,178
Shareholders' funds
162,867
274,478
For the year ending 31 January 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 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
Martin Paul Cosgrove
Director
Company Registration No. 11747731
Cosgrove Builders & Developers Ltd
Notes to the Accounts
for the year ended 31 January 2024
Cosgrove Builders & Developers Ltd is a private company, limited by shares, registered in England and Wales, registration number 11747731. The registered office is TOP FLOOR, CORNER HOUSE, MARKET PLACE, BRAINTREE, CM7 3HQ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
10% Reducing Balance
Motor vehicles
20% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
482,818
42,671
1,462
526,951
Disposals
(107,366)
(7,447)
-
(114,813)
At 31 January 2024
385,152
35,224
1,462
421,838
At 1 February 2023
130,675
20,823
718
152,216
Charge for the year
25,448
2,880
186
28,514
At 31 January 2024
156,123
23,703
904
180,730
At 31 January 2024
229,029
11,521
558
241,108
At 31 January 2023
352,143
21,848
744
374,735
Cosgrove Builders & Developers Ltd
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
50,000
118,436
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
128,260
196,795
Trade creditors
7,682
49,975
Taxes and social security
55,666
25,340
Loans from directors
(35,026)
(16,959)
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).