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REGISTERED NUMBER: 10333186 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2024

for

Coactivation Ltd

Coactivation Ltd (Registered number: 10333186)

Contents of the Financial Statements
for the Year Ended 31st March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Coactivation Ltd

Company Information
for the Year Ended 31st March 2024







DIRECTORS: A D Lumby
Mrs J T Lumby





SECRETARY: Mrs J T Lumby





REGISTERED OFFICE: Long Barn
Twenty Acres Farm
Long Lane
Ashbourne
Derbyshire
DE6 5BG





REGISTERED NUMBER: 10333186 (England and Wales)





ACCOUNTANTS: Adrian Mooy & Co Limited
Chartered Certified Accountants
61 Friar Gate
Derby
DE1 1DJ

Coactivation Ltd (Registered number: 10333186)

Balance Sheet
31st March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 17,072 14,276

CURRENT ASSETS
Debtors 5 199,829 71,489
Cash at bank 32,388 31,573
232,217 103,062
CREDITORS
Amounts falling due within one year 6 (131,772 ) (79,391 )
NET CURRENT ASSETS 100,445 23,671
TOTAL ASSETS LESS CURRENT
LIABILITIES

117,517

37,947

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 117,417 37,847
117,517 37,947

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

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

Coactivation Ltd (Registered number: 10333186)

Balance Sheet - continued
31st March 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14th October 2024 and were signed on its behalf by:




A D Lumby - Director



Mrs J T Lumby - Director


Coactivation Ltd (Registered number: 10333186)

Notes to the Financial Statements
for the Year Ended 31st March 2024


1. STATUTORY INFORMATION

Coactivation Ltd 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.

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
Revenue 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.
Plant and machinery - 25% on reducing balance
Furniture, fixtures & fittings - 25% on reducing balance
Computer & office equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Coactivation Ltd (Registered number: 10333186)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 9 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1st April 2023 22,015
Additions 8,485
At 31st March 2024 30,500
DEPRECIATION
At 1st April 2023 7,739
Charge for year 5,689
At 31st March 2024 13,428
NET BOOK VALUE
At 31st March 2024 17,072
At 31st March 2023 14,276

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 190,800 71,489
Other debtors 9,029 -
199,829 71,489

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts - 3,750
Trade creditors (1 ) (1 )
Taxation and social security 96,971 36,934
Other creditors 34,802 38,708
131,772 79,391