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Registered number: 02163625
Cohmor Investments Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—7
Page 1
Statement of Financial Position
Registered number: 02163625
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 119,314 103,645
Investment Properties 5 1,425,880 1,490,880
Investments 6 254,064 254,109
1,799,258 1,848,634
CURRENT ASSETS
Debtors 7 245,962 322,675
Cash at bank and in hand 46,580 37,507
292,542 360,182
Creditors: Amounts Falling Due Within One Year 8 (8,704 ) (30,652 )
NET CURRENT ASSETS (LIABILITIES) 283,838 329,530
TOTAL ASSETS LESS CURRENT LIABILITIES 2,083,096 2,178,164
Creditors: Amounts Falling Due After More Than One Year 9 (1,889,439 ) (1,936,694 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (24,057 ) (23,862 )
NET ASSETS 169,600 217,608
CAPITAL AND RESERVES
Called up share capital 12 110 110
Revaluation reserve 13 64,437 68,487
Income Statement 105,053 149,011
SHAREHOLDERS' FUNDS 169,600 217,608
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Page 2
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Sean Moore
Director
14 November 2024
The notes on pages 3 to 7 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Cohmor Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02163625 . The registered office is Long Reach, 3 Waterside, Bingley, BD16 2SN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going concern as the directors have no intention to liquidate the company or to cease trading. In assessing whether the going concern assumption is appropriate, the directors have taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorised for issue.
2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 15% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 33% on cost
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income statement as incurred.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.8. Government Grant
Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 March 2023 - 124,827 21,853 5,601 152,281
Additions 37,122 - 6,139 3,228 46,489
As at 29 February 2024 37,122 124,827 27,992 8,829 198,770
Depreciation
As at 1 March 2023 - 33,157 12,520 2,959 48,636
Provided during the period 3,876 22,918 1,943 2,083 30,820
As at 29 February 2024 3,876 56,075 14,463 5,042 79,456
Net Book Value
As at 29 February 2024 33,246 68,752 13,529 3,787 119,314
As at 1 March 2023 - 91,670 9,333 2,642 103,645
Page 4
Page 5
5. Investment Property
2024
£
Fair Value
As at 1 March 2023 1,490,880
Disposals (65,000 )
As at 29 February 2024 1,425,880
6. Investments
Unlisted
£
Cost
As at 1 March 2023 254,109
Additions 5
Disposals (50 )
As at 29 February 2024 254,064
Provision
As at 1 March 2023 -
As at 29 February 2024 -
Net Book Value
As at 29 February 2024 254,064
As at 1 March 2023 254,109
Aire View Homes Limited
300 ordinary shares of £1 each representing 100% of the issued share capital
Imagine Homes Ltd
150 A ordinary shares of £1 each representing 50% of the issued share capital
Bentley Moore Property Ltd
150 A ordinary shares of £1 each representing 50% of the issued share capital
Calvert Homes (Coningley) Limited
5 ordinary shares of £1 each representing 2.5% of the issued share capital
CMW Homes Limted
33 ordinary shares of £1 each representing 33% of the issued share capital

Ashness Assured Limited
40,000 ordinary shares of £1 each representing 10.80% of the issued share capital
Ashness Properties Limited
10,000 ordinary shares of £1 each representing 9.99% of the issued share capital
Bentleys Estate Agents (Bingley) Ltd
35 A ordinary shares of £1 each, 100 D ordinary shares and 50 B ordinary £1 shares representing 35% of the issued share capital
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7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 16 416
Other debtors 1,333 1,600
1,349 2,016
Due after more than one year
Amounts owed by group undertakings 244,613 320,659
244,613 320,659
245,962 322,675
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 8,111 8,111
Trade creditors 293 269
Amounts owed to group undertakings 300 -
Other creditors - 22,272
8,704 30,652
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 59,100 67,211
Bank loans 113,344 113,344
Other creditors 1,716,995 1,756,139
1,889,439 1,936,694
10. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 67,211 75,323
Bank loans and overdrafts 113,923 377,902
11. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 8,111 8,111
Later than one year and not later than five years 59,100 67,211
67,211 75,322
67,211 75,322
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12. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 110 110
13. Reserves
Revaluation Reserve
£
As at 1 March 2023 68,487
Transfer to profit and loss (4,050 )
As at 29 February 2024 64,437
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