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REGISTERED NUMBER: 12298692 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

COHEN DEVELOPMENT & MANAGEMENT LIMITED

COHEN DEVELOPMENT & MANAGEMENT LIMITED (REGISTERED NUMBER: 12298692)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COHEN DEVELOPMENT & MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: A Cohen
D Cohen





REGISTERED OFFICE: 16 South End
Croydon
Surrey
CR0 1DN





REGISTERED NUMBER: 12298692 (England and Wales)





ACCOUNTANTS: Averillo & Associates
Chartered Accountants
16 South End
Croydon
Surrey
CR0 1DN

COHEN DEVELOPMENT & MANAGEMENT LIMITED (REGISTERED NUMBER: 12298692)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,728 2,304
Investment property 5 512,863 449,079
514,591 451,383

CURRENT ASSETS
Cash at bank 809 96,146

CREDITORS
Amounts falling due within one year 6 43,297 40,556
NET CURRENT (LIABILITIES)/ASSETS (42,488 ) 55,590
TOTAL ASSETS LESS CURRENT LIABILITIES 472,103 506,973

CREDITORS
Amounts falling due after more than one
year

7

440,156

500,908
NET ASSETS 31,947 6,065

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 31,847 5,965
SHAREHOLDERS' FUNDS 31,947 6,065

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

COHEN DEVELOPMENT & MANAGEMENT LIMITED (REGISTERED NUMBER: 12298692)

BALANCE SHEET - continued
30 NOVEMBER 2023


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 4 November 2024 and were signed on its behalf by:





A Cohen - Director


COHEN DEVELOPMENT & MANAGEMENT LIMITED (REGISTERED NUMBER: 12298692)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Cohen Development & Management 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.

Turnover
Turnover 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.
Fixtures and fittings - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

COHEN DEVELOPMENT & MANAGEMENT LIMITED (REGISTERED NUMBER: 12298692)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 December 2022
and 30 November 2023 2,304
DEPRECIATION
Charge for year 576
At 30 November 2023 576
NET BOOK VALUE
At 30 November 2023 1,728
At 30 November 2022 2,304

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 449,079
Additions 63,784
At 30 November 2023 512,863
NET BOOK VALUE
At 30 November 2023 512,863
At 30 November 2022 449,079

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 3,524 4,154
Directors' current account 17,727 24,352
Accruals and deferred income 22,046 12,050
43,297 40,556

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans (see note 8) 300,156 300,908
Shareholder loans 140,000 200,000
440,156 500,908

COHEN DEVELOPMENT & MANAGEMENT LIMITED (REGISTERED NUMBER: 12298692)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Mortgage 300,156 300,908

8. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Mortgage 300,156 300,908

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 300,156 300,908

The mortgage loans are secured on the investment property.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 December 2022 5,965
Profit for the year 25,882
At 30 November 2023 31,847

12. ULTIMATE CONTROLLING PARTY

The controlling party is the directors.