IRIS Accounts Production v24.3.2.46 11911287 Board of Directors 1.4.23 31.3.24 31.3.24 27.3.25 0 0 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh119112872023-03-31119112872024-03-31119112872023-04-012024-03-31119112872022-03-31119112872022-04-012023-03-31119112872023-03-3111911287ns15:EnglandWales2023-04-012024-03-3111911287ns14:PoundSterling2023-04-012024-03-3111911287ns10:Director12023-04-012024-03-3111911287ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111911287ns10:SmallEntities2023-04-012024-03-3111911287ns10:Audited2023-04-012024-03-3111911287ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111911287ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111911287ns10:FullAccounts2023-04-012024-03-3111911287ns10:Director22023-04-012024-03-3111911287ns10:RegisteredOffice2023-04-012024-03-3111911287ns5:CurrentFinancialInstruments2024-03-3111911287ns5:CurrentFinancialInstruments2023-03-3111911287ns5:ShareCapital2024-03-3111911287ns5:ShareCapital2023-03-3111911287ns5:RetainedEarningsAccumulatedLosses2024-03-3111911287ns5:RetainedEarningsAccumulatedLosses2023-03-31
REGISTERED NUMBER: 11911287 (England and Wales)















Audited Financial Statements for the Year Ended 31st March 2024

for

Coin Developments Limited

Coin Developments Limited (Registered number: 11911287)

Contents of the Financial Statements
for the Year Ended 31st March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Coin Developments Limited

Company Information
for the Year Ended 31st March 2024







DIRECTORS: E. Bland
W R Whymark



REGISTERED OFFICE: Unit 1, Lancaster Court
Coronation Road
Cressex Business Park
High Wycombe
Buckinghamshire
HP12 3TD



REGISTERED NUMBER: 11911287 (England and Wales)



SENIOR STATUTORY AUDITOR: S. Paramaguru (FCCA)



AUDITORS: Param & Company Limited
1st Floor
44-50 The Broadway
Southall
Middlesex
UB1 1QB

Coin Developments Limited (Registered number: 11911287)

Balance Sheet
31st March 2024

31.3.24 31.3.23
Notes £    £   

CREDITORS
Amounts falling due within one year 4 1,734 1,721
NET CURRENT LIABILITIES (1,734 ) (1,721 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,734

)

(1,721

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (1,735 ) (1,722 )
SHAREHOLDERS' FUNDS (1,734 ) (1,721 )

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 27th March 2025 and were signed on its behalf by:





E. Bland - Director


Coin Developments Limited (Registered number: 11911287)

Notes to the Financial Statements
for the Year Ended 31st March 2024


1. STATUTORY INFORMATION

Coin Developments 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.

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 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).

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed to group undertakings 1,734 1,721

5. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

S. Paramaguru (FCCA) (Senior Statutory Auditor)
for and on behalf of Param & Company Limited

6. ULTIMATE CONTROLLING PARTY

The Ultimate parent undertaking is The Coin Group Ltd, which prepares group financial statements. The registered office of The Coin Group Ltd is Unit 1 Lancaster Court, Coronation Road, Cressex Business Park, High Wycombe, Buckighamshire, HP12 3TD