Registered number
09430732
Cobra Cable Management Limited
Filleted Accounts
31 March 2024
Cobra Cable Management Limited
Registered number: 09430732
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 4 220 440
Current assets
Stocks 48,051 48,000
Debtors 5 177,048 140,175
Cash at bank and in hand 138,622 106,444
363,721 294,619
Creditors: amounts falling due within one year 6 (280,514) (246,266)
Net current assets 83,207 48,353
Net assets 83,427 48,793
Capital and reserves
Called up share capital 100 100
Profit and loss account 83,327 48,693
Shareholders' funds 83,427 48,793
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.
J Elliott
Director
Approved by the board on 20 November 2024 and signed on its behalf
Cobra Cable Management Limited
Notes to the Accounts
for the year ended 31 March 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. 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:
Fixtures, fittings, tools and equipment 20% straight line
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous 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. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Audit information
The audit report is unqualified.
Senior statutory auditor: F D Robinson
Firm: Sinclair & Co. (Accountants) Limited
Date of audit report: 20 November 2024
3 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 2
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 5,625
At 31 March 2024 5,625
Depreciation
At 1 April 2023 5,185
Charge for the year 220
At 31 March 2024 5,405
Net book value
At 31 March 2024 220
At 31 March 2023 440
5 Debtors 2024 2023
£ £
Trade debtors 175,260 139,310
Other debtors 1,788 865
177,048 140,175
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 133,480 131,892
Amounts owed to group undertakings and undertakings in which the company has a participating interest 101,432 74,728
Taxation and social security costs 28,843 21,217
Other creditors 16,759 18,429
280,514 246,266
7 Related party transactions
During the year, the company traded with its holding company, Deligo Limited. It purchased goods and services to the value of £401,710 (2023 - £317,002), and sold goods and services in the sum of £nil (2023 - £nil).

The company paid dividends of £18,172 (2023 - £nil) to Deligo Limited. At the year-end, the company owed £101,432 (2023 - £74,728) to Deligo Limited.

Of its directors during the year, Mr S Pass received a dividend of £6,057 (2023 - £nil), and a salary of £34,167 (2023 - £25,000).
8 Controlling party
As from 19 December 2023, the company's ultimate holding company is Deligo Holdings Limited. The company is incorporated in England and Wales, and its principal place of business is at Unit 8, Grazebrook Industrial Estate, Dudley, West Midlands, DY2 0BE.
9 Other information
Cobra Cable Management Limited is a private company limited by shares and incorporated in England. Its registered office is:
Unit 8
Grazebrook Industrial Estate
Dudley
West Midlands
DY2 0BE
Cobra Cable Management Limited 09430732 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts July 2024 J Elliott No description of principal activity 09430732 2022-04-01 2023-03-31 09430732 core:WithinOneYear 2023-03-31 09430732 core:ShareCapital 2023-03-31 09430732 core:RetainedEarningsAccumulatedLosses 2023-03-31 09430732 2023-04-01 2024-03-31 09430732 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09430732 bus:Audited 2023-04-01 2024-03-31 09430732 bus:Director40 2023-04-01 2024-03-31 09430732 1 2023-04-01 2024-03-31 09430732 2 2023-04-01 2024-03-31 09430732 core:PlantMachinery 2023-04-01 2024-03-31 09430732 countries:England 2023-04-01 2024-03-31 09430732 bus:FRS102 2023-04-01 2024-03-31 09430732 bus:FilletedAccounts 2023-04-01 2024-03-31 09430732 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09430732 2024-03-31 09430732 core:WithinOneYear 2024-03-31 09430732 core:ShareCapital 2024-03-31 09430732 core:RetainedEarningsAccumulatedLosses 2024-03-31 09430732 core:PlantMachinery 2024-03-31 09430732 2023-03-31 09430732 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure