CC Cousins Limited


FINANCIAL STATEMENTS


for the year ended 30th April 2024



CC Cousins Limited

CONTENTS

for the year ended 30th April 2024







The Accounts are comprised of the following:

Statement of Financial Position

Notes to the Accounts



Please note that the Accounts comprise of HTML and iXBRL source code and that this is a printed or visual representation of that source code some of which will not be displayed or printed.

CC Cousins Limited

Company No. 03911947

STATEMENT OF FINANCIAL POSITION

as at 30th April 2024

20242023
Note£££
FIXED ASSETS
Property, plant and equipment4369548337695
369548337695
CURRENT ASSETS
Debtors524461171629800
Cash at bank and in hand18099762964559
42560934594359
CURRENT LIABILITIES
Creditors: amounts falling due
within one year614887181715627
NET CURRENT ASSETS27673752878732
TOTAL ASSETS LESS CURRENT LIABILITIES31369233216427
 
Creditors: amounts falling due
after more than one year7226609545312
 
Provisions for liabilities and charges
Deferred taxation76787678
 
NET ASSETS29026362663437
 
CAPITAL AND RESERVES
Called up share capital1000810008
Retained earnings28926282653429
SHAREHOLDERS FUNDS29026362663437

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies which are subject to the small companies' regime. The Income Statement has not been delivered to the Registrar of Companies.

For the year ended 30th April 2024 the Company is entitled to the exemption from the requirement to obtain an audit conferred by section 477 of the Companies Act 2006 and the members have not required the company to obtain an audit in accordance with section 476 of the Act.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the Board on 2 September 2024


K Alflatt

Director

Company Number 03911947 (England)

CC Cousins Limited

NOTES TO THE ACCOUNTS

for the year ended 30th April 2024


1   Statutory information

CC Cousins Limited is a private company limited by shares and registered under company number 03911947 in England. Its registered office address is 12 Hatherley Road, Sidcup, Kent, DA14 4DT.

These financial statements are presented in Sterling, which is the functional currency of the company.

2   Accounting policies

Basis of preparation of financial statements

The accounts have been prepared under the historical cost convention in accordance with the accounting policies set out below, and in accordance with Financial Reporting Standard 102 Section 1A and the Companies Act 2006.

Income Recognition

Revenue is measured at the fair value of the consideration received or receivable. Turnover is shown net of value added tax, returns, rebates and discounts. Revenue is recognised for the sale of goods when the vendor has transferred the significant risks and rewards of ownership, it is possible that the economic benefit will flow to the entity and the revenue and associated costs can be reliably measured.

Depreciation

Depreciation is provided on all property, plant and equipment, 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:

Plant, machinery and vehicles20% reducing balance

Leasing

Assets, obtained under hire purchase contracts and 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 creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account 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 profit and loss account on a straight line basis.

Taxation

Taxation represents the sum of tax currently payable and deferred tax.

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 all 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. 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.

Leasing and hire purchase commitments

Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the Company, are capitalised in the Statement of Financial Position and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the Statement of Financial Position as a liability.

The interest element of the rental obligations is charged to the Income Statement over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

Pensions

The Company operates a defined contribution pension scheme. Contributions are charged to the Income Statement as they become payable in accordance with the rules of the scheme.

3   Employee information

The average number of employees during the accounting period was 48 (2023 - 46).

4   Property, plant and equipment
 
PlantFixtures
Motorandand
VehiclesMachineryFittingsTotal
££££
Cost
At 1st May 2023 10515121538850520662642428
Additions25529820974416662481704
Disposals(280448)--(280448)
At 30th April 202410263621748594687282843684
 
Depreciation
At 1st May 2023 10377941240611263282304733
Charge for year21725422199610601449851
On disposals(280448)--(280448)
At 30th April 20249746001462607369292474136
 
Net Book Value
At 30th April 20245176228598731799369548
At 30th April 20231371829823925738337695
 
Net book value of assets included above held
 under finance leases and hire purchase contracts
 
At 30th April 202451762285987-337749
At 30th April 202313718298239-311957

5   Debtors20242023
££
 
Trade Debtors14079571629800
Amounts owed by group undertakings and undertakings in which the
  Company has a participating interest1038160-
24461171629800

6   Creditors: amounts falling due within one year20242023
££
 
Obligations under finance lease and hire purchase contracts128612211012
Trade Creditors306801476196
Corporation tax145734134626
Taxes and social security costs549031730125
Other creditors6774866406
Accruals and deferred income29079297262
14887181715627

7   Creditors: amounts falling due after one year20242023
££
 
Obligations under finance lease and hire purchase contracts226609545312
226609545312

8   Subsidiary status

This Company is a direct subsidiary of Couscon Limited which holds 93% of the voting share capital. It's registered address or principle place of business is at 12 Hatherley Road, Sidcup, Kent, DA14 4DT.

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