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REGISTERED NUMBER: 08011977 (England and Wales)












Financial Statements for the Year Ended 31 March 2024

for

David Cotterell Partnership Limited

David Cotterell Partnership Limited (Registered number: 08011977)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


David Cotterell Partnership Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: D V Cotterell
Mrs R L Hackett





REGISTERED OFFICE: Unit 4D, Lansbury Business Estate
102 Lower Guildford Road
Knaphill
Woking
Surrey
GU21 2EP





REGISTERED NUMBER: 08011977 (England and Wales)





ACCOUNTANTS: CSL Partnership Limited
Unit 4D, Lansbury Business Estate
102 Lower Guildford Road
Knaphill
Woking
Surrey
GU21 2EP

David Cotterell Partnership Limited (Registered number: 08011977)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 19,884 28,456
Investment property 5 1,347,773 1,209,091
1,367,657 1,237,547

CURRENT ASSETS
Debtors 6 1,320 6,638
Investments 7 6,363 253,740
Cash at bank 11,884 66,353
19,567 326,731
CREDITORS
Amounts falling due within one year 8 (361,443 ) (611,895 )
NET CURRENT LIABILITIES (341,876 ) (285,164 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,025,781 952,383

PROVISIONS FOR LIABILITIES (4,596 ) (5,407 )
NET ASSETS 1,021,185 946,976

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,021,085 946,876
SHAREHOLDERS' FUNDS 1,021,185 946,976

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

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

David Cotterell Partnership Limited (Registered number: 08011977)

Balance Sheet - continued
31 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 28 October 2024 and were signed on its behalf by:




D V Cotterell - Director



Mrs R L Hackett - Director


David Cotterell Partnership Limited (Registered number: 08011977)

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


1. STATUTORY INFORMATION

David Cotterell Partnership 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.

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 as modified by the revaluation of certain assets.

Revenue
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
Office equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

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.

Pension costs and other post-retirement benefits
The cost of providing a pension for the company's director is taken into account in arriving at the operating profit in the year during which the company derives benefit from the director's services.

David Cotterell Partnership Limited (Registered number: 08011977)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and Office Motor Computer
machinery equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 8,452 27,154 81,130 17,052 133,788
Additions - 159 - 286 445
At 31 March 2024 8,452 27,313 81,130 17,338 134,233
DEPRECIATION
At 1 April 2023 6,444 17,500 70,331 11,057 105,332
Charge for year 510 2,453 2,700 3,354 9,017
At 31 March 2024 6,954 19,953 73,031 14,411 114,349
NET BOOK VALUE
At 31 March 2024 1,498 7,360 8,099 2,927 19,884
At 31 March 2023 2,008 9,654 10,799 5,995 28,456

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 1,209,091
Additions 138,682
At 31 March 2024 1,347,773
NET BOOK VALUE
At 31 March 2024 1,347,773
At 31 March 2023 1,209,091

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 1,320 6,546
Other debtors - 92
1,320 6,638

7. CURRENT ASSET INVESTMENTS
31.3.24 31.3.23
£    £   
Listed investments 6,363 253,740

David Cotterell Partnership Limited (Registered number: 08011977)

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


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 27,180 38,740
Other creditors 334,263 573,155
361,443 611,895