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REGISTERED NUMBER: 01430589 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024

FOR

TONY COX LIMITED

TONY COX LIMITED (REGISTERED NUMBER: 01430589)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30th April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TONY COX LIMITED

COMPANY INFORMATION
for the Year Ended 30th April 2024







DIRECTORS: A B Cox
Mrs D J Cox





REGISTERED OFFICE: 7 Silverdale Close
Church Aston
Newport
Shropshire
TF10 9FA





REGISTERED NUMBER: 01430589 (England and Wales)





ACCOUNTANTS: D E Ball & Co Limited
Chartered Accountants
15 Bridge Road
Wellington
Telford
Shropshire
TF1 1EB

TONY COX LIMITED (REGISTERED NUMBER: 01430589)

BALANCE SHEET
30th April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,448 1,404
Investment property 5 600,000 600,000
601,448 601,404

CURRENT ASSETS
Debtors 6 - 5,600
Cash at bank 70,702 55,337
70,702 60,937
CREDITORS
Amounts falling due within one year 7 16,459 16,927
NET CURRENT ASSETS 54,243 44,010
TOTAL ASSETS LESS CURRENT
LIABILITIES

655,691

645,414

PROVISIONS FOR LIABILITIES 102,720 102,733
NET ASSETS 552,971 542,681

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 437,364 437,364
Retained earnings 115,507 105,217
SHAREHOLDERS' FUNDS 552,971 542,681

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

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

TONY COX LIMITED (REGISTERED NUMBER: 01430589)

BALANCE SHEET - continued
30th April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th November 2024 and were signed on its behalf by:





A B Cox - Director


TONY COX LIMITED (REGISTERED NUMBER: 01430589)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30th April 2024

1. STATUTORY INFORMATION

Tony Cox 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.

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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% 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.

In the Directors opinion, the Investment Properties carrying value does not differ materially from its fair value at the balance sheet date. No independent valuation has been obtained at the balance sheet date to confirm this.

The Directors recognise the requirement to obtain an independent valuation with sufficient regularity to confirm the Investment Properties carrying amount in the balance sheet does not differ materially from its fair value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 NIL (2023 - NIL).

TONY COX LIMITED (REGISTERED NUMBER: 01430589)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1st May 2023 6,053 18,345 24,398
Additions - 279 279
At 30th April 2024 6,053 18,624 24,677
DEPRECIATION
At 1st May 2023 5,940 17,054 22,994
Charge for year 17 218 235
At 30th April 2024 5,957 17,272 23,229
NET BOOK VALUE
At 30th April 2024 96 1,352 1,448
At 30th April 2023 113 1,291 1,404

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st May 2023
and 30th April 2024 600,000
NET BOOK VALUE
At 30th April 2024 600,000
At 30th April 2023 600,000

Fair value at 30th April 2024 is represented by:
£   
Valuation in 2004 239,956
Valuation in 2021 300,000
Cost 60,044
600,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors - 5,600

TONY COX LIMITED (REGISTERED NUMBER: 01430589)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th April 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 5,787 5,600
Taxation and social security 8,525 9,150
Other creditors 2,147 2,177
16,459 16,927

8. RESERVES
Fair
value
reserve
£   
At 1st May 2023
and 30th April 2024 437,364

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr A B Cox and Mrs D J Cox as they co-operate to exercise control.