Registered number
05369318
Coffix Ltd
Filleted Accounts
29 February 2024
Coffix Ltd
Registered number: 05369318
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 - 29,354
Current assets
Stocks - 41,238
Debtors 4 99,152 133,240
Cash at bank and in hand 32,453 61,209
131,605 235,687
Creditors: amounts falling due within one year 5 (55,758) (142,283)
Net current assets 75,847 93,404
Total assets less current liabilities 75,847 122,758
Provisions for liabilities - (5,406)
Net assets 75,847 117,352
Capital and reserves
Called up share capital 10,100 10,100
Profit and loss account 65,747 107,252
Shareholders' funds 75,847 117,352
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
G M James
Director
Approved by the board on 12 November 2024
Coffix Ltd
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Motor vehicles over 4 years
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 16
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 March 2023 3,950 14,976 60,816 79,742
Disposals (3,950) (14,976) (60,816) (79,742)
At 29 February 2024 - - - -
Depreciation
At 1 March 2023 3,950 5,385 41,053 50,388
On disposals (3,950) (5,385) (41,053) (50,388)
At 29 February 2024 - - - -
Net book value
At 29 February 2024 - - - -
At 28 February 2023 - 9,591 19,763 29,354
4 Debtors 2024 2023
£ £
Trade debtors 1,594 128,344
Amounts owed by associated companies 97,558 -
Other debtors - 4,896
99,152 133,240
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 24,934 34,332
Trade creditors 4,349 42,022
Director's current account 11,617 15,367
Taxation and social security costs 12,207 49,933
Other creditors and provisions 2,651 629
55,758 142,283
6 Other information
Coffix Ltd is a private company limited by shares and incorporated in England. Its registered office is:
35 Hill Lane Close
Markfield
Leicestershire
LE67 9PY
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