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REGISTERED NUMBER: 04373636 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

COCO LIGHTING LIMITED

COCO LIGHTING LIMITED (REGISTERED NUMBER: 04373636)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COCO LIGHTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: K J Cooper





REGISTERED OFFICE: c/o CBHC Ltd
Steeple House, Suite 3, 1st Floor
Church Lane
Chelmsford
Essex
CM1 1NH





REGISTERED NUMBER: 04373636 (England and Wales)





ACCOUNTANTS: CBHC Limited
Suite 3, Steeple House
Church Lane
Chelmsford
Essex
CM1 1NH

COCO LIGHTING LIMITED (REGISTERED NUMBER: 04373636)

BALANCE SHEET
31 DECEMBER 2024

31/12/24 31/12/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 53,499 83,450
53,499 83,450

CURRENT ASSETS
Stocks 157,297 183,771
Debtors 6 638,704 836,000
Cash at bank and in hand 137 171
796,138 1,019,942
CREDITORS
Amounts falling due within one year 7 1,049,865 813,930
NET CURRENT (LIABILITIES)/ASSETS (253,727 ) 206,012
TOTAL ASSETS LESS CURRENT
LIABILITIES

(200,228

)

289,462

CREDITORS
Amounts falling due after more than one year 8 (110,517 ) (129,031 )

PROVISIONS FOR LIABILITIES (11,546 ) (14,365 )
NET (LIABILITIES)/ASSETS (322,291 ) 146,066

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings (323,291 ) 145,066
SHAREHOLDERS' FUNDS (322,291 ) 146,066

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

COCO LIGHTING LIMITED (REGISTERED NUMBER: 04373636)

BALANCE SHEET - continued
31 DECEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 January 2025 and were signed by:





K J Cooper - Director


COCO LIGHTING LIMITED (REGISTERED NUMBER: 04373636)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Coco Lighting 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The directors have determined that the company is no longer a going concern and, therefore, the financial statements have been prepared on a break-up basis. Under this basis, assets are stated at their net realisable values, and liabilities are recognised at the amounts expected to be settled.

The decision to prepare the financial statements on a break-up basis has been made as the directors have resolved to liquidate the company and there is no realistic prospect of continuing operations.

Adjustments have been made where necessary to reflect the implications of this change in basis, including writing down assets to their recoverable amounts and providing for any additional liabilities or costs associated with the break-up process.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


COCO LIGHTING LIMITED (REGISTERED NUMBER: 04373636)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 25 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024 25,000
Disposals (25,000 )
At 31 December 2024 -
AMORTISATION
At 1 January 2024 25,000
Eliminated on disposal (25,000 )
At 31 December 2024 -
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

COCO LIGHTING LIMITED (REGISTERED NUMBER: 04373636)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 670,803
Disposals (489,185 )
At 31 December 2024 181,618
DEPRECIATION
At 1 January 2024 587,353
Charge for year 28,680
Eliminated on disposal (487,914 )
At 31 December 2024 128,119
NET BOOK VALUE
At 31 December 2024 53,499
At 31 December 2023 83,450

Fixed assets, included in the above, which are held under finance leases are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2024 159,408
Disposals (21,910 )
At 31 December 2024 137,498
DEPRECIATION
At 1 January 2024 90,659
Charge for year 34,375
Eliminated on disposal (21,910 )
At 31 December 2024 103,124
NET BOOK VALUE
At 31 December 2024 34,374
At 31 December 2023 68,749

COCO LIGHTING LIMITED (REGISTERED NUMBER: 04373636)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Trade debtors 225,532 203,195
Amounts owed by group undertakings 413,172 611,790
Other debtors - 21,015
638,704 836,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Bank loans and overdrafts 304,833 168,923
Finance leases 22,815 22,773
Trade creditors 311,993 327,354
Amounts owed to group undertakings 26,602 -
Taxation and social security 168,670 82,366
Other creditors 214,952 212,514
1,049,865 813,930

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/24 31/12/23
£    £   
Bank loans 26,123 31,967
Finance leases 84,394 97,064
110,517 129,031

9. SECURED DEBTS

The following secured debts are included within creditors:

31/12/24 31/12/23
£    £   
Invoice Discount Facility 187,306 156,404

The invoice discount facility is secured against the trade debtor balances.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/12/24 31/12/23
value: £    £   
1,000 Ordinary 1 1,000 1,000

COCO LIGHTING LIMITED (REGISTERED NUMBER: 04373636)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


11. RELATED PARTY DISCLOSURES

During the year the company was charged £138,500 (2023 - £5,000) in management fees by Coco Lighting Group Limited, a company within the group.The company also voted dividends to Coco Lighting Group Limited of £NIL (2023 - £100,000) during the year.The company was also charged £178,000 (2022 - £175,750) in rent fees by Coco Lighting Limited, a company also within the group.

At the balance sheet date the company owed £26,602 to Properties 48 Limited (2023 - (£184,125)) a company within the group.

At the balance sheet date the company was owed £413,172 (2023 - £427,665) by Coco Lighting Group Limited, a company within the group.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the Company during the year was Mr K Cooper, the Director of the Parent Company Coco Lighting Group.