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REGISTERED NUMBER: 01425334 (England and Wales)















COTEHATCH LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






COTEHATCH LIMITED (REGISTERED NUMBER: 01425334)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COTEHATCH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Mr M Mandell
Mr J S Mandell
Mrs L L Payman





SECRETARY: Mrs L L Payman





REGISTERED OFFICE: 15 High Street
Brackley
Northamptonshire
NN13 7DH





REGISTERED NUMBER: 01425334 (England and Wales)





ACCOUNTANTS: Blencowes
15 High Street
Brackley
Northamptonshire
NN13 7DH

COTEHATCH LIMITED (REGISTERED NUMBER: 01425334)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,751,771 1,759,766
Investments 5 104,719 80,748
1,856,490 1,840,514

CURRENT ASSETS
Debtors 6 134,108 72,685
Cash at bank 1,636 40,026
135,744 112,711
CREDITORS
Amounts falling due within one year 7 24,261 36,365
NET CURRENT ASSETS 111,483 76,346
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,967,973

1,916,860

PROVISIONS FOR LIABILITIES 270,636 207,202
NET ASSETS 1,697,337 1,709,658

CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 889,414 889,414
Retained earnings 807,823 820,144
SHAREHOLDERS' FUNDS 1,697,337 1,709,658

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

COTEHATCH LIMITED (REGISTERED NUMBER: 01425334)

BALANCE SHEET - continued
31 JULY 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 Board of Directors and authorised for issue on 10 March 2025 and were signed on its behalf by:





Mr M Mandell - Director


COTEHATCH LIMITED (REGISTERED NUMBER: 01425334)

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

1. STATUTORY INFORMATION

Cotehatch 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
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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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 taxation
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Debtors and creditors receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price less any impairment.

COTEHATCH LIMITED (REGISTERED NUMBER: 01425334)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 1 August 2023
and 31 July 2024 1,725,000 52,758 55,158 1,265 1,834,181
DEPRECIATION
At 1 August 2023 - 45,787 27,363 1,265 74,415
Charge for year - 1,046 6,949 - 7,995
At 31 July 2024 - 46,833 34,312 1,265 82,410
NET BOOK VALUE
At 31 July 2024 1,725,000 5,925 20,846 - 1,751,771
At 31 July 2023 1,725,000 6,971 27,795 - 1,759,766

Included in cost or valuation of land and buildings is freehold land of £ 1,725,000 (2023 - £ 1,725,000 ) which is not depreciated.

Cost or valuation at 31 July 2024 is represented by:

Fixtures
Freehold and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
Valuation in 2020 1,055,772 - - - 1,055,772
Cost 669,228 52,758 55,158 1,265 778,409
1,725,000 52,758 55,158 1,265 1,834,181

5. FIXED ASSET INVESTMENTS

Investments in listed company shares are remeasured to market value at each Balance Sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 29,608 31,493
Directors' current accounts 104,213 30,423
Tax - 10,268
Prepayments and accrued income 287 501
134,108 72,685

COTEHATCH LIMITED (REGISTERED NUMBER: 01425334)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 13,376 25,758
Accrued expenses 10,885 10,607
24,261 36,365

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Revaluation
reserve
£   
At 1 August 2023
and 31 July 2024 889,414

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31 July 2024 the directors loan was overdrawn by £104,213 (2023 £30,423). Interest was charged at the applicable rate. The loan was repaid in full on 28 February 2025.