COBHAM CAPITAL LTD |
Notes to the Accounts |
for the year ended 31 December 2023 |
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1 |
ACCOUNTING POLICIES |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Foreign currency translation |
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Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are included in the profit and loss account. |
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2 |
EMPLOYEES |
2023 |
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2022 |
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Number |
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Number |
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Average number of persons employed by the company |
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(excluding directors with no specific service contract) |
- |
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- |
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3 |
CREDITORS: amounts falling due within one year |
2023 |
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2022 |
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£ |
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£ |
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Trade creditors |
- |
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- |
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Other creditors |
32,283 |
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31,820 |
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£ 32,283 |
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£ 31,820 |
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4 |
RELATED PARTY TRANSACTIONS |
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The company is supported by Cobham Capital LLC which is a US company owned by the director. At the year end £31,173 was owed to Cobham Capital LLC (2022 - £31,040). |
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5 |
OTHER INFORMATION |
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Cobham Capital Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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Titsey Estate Office |
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Pilgrims Lane |
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Oxted |
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Surrey |
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RH8 0SE |
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The accounts are for the individual company and are presented in Sterling which is the functional currency of the company. |