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REGISTERED NUMBER: 00947246 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

COTSWOLD DAIRY EQUIPMENT COMPANY LTD

COTSWOLD DAIRY EQUIPMENT COMPANY LTD (REGISTERED NUMBER: 00947246)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COTSWOLD DAIRY EQUIPMENT COMPANY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: Mr J Hugo
Mr S Gibson



REGISTERED OFFICE: Avenue 3
Station Lane Industrial Estate
Witney
Oxfordshire
OX28 4BP



REGISTERED NUMBER: 00947246 (England and Wales)



ACCOUNTANTS: R Firkin Accountancy Services Ltd
98 The Moors
Kidlington
Oxfordshire
OX5 2AG



LEGAL ADVISORS: Everyman Advisory Limited

COTSWOLD DAIRY EQUIPMENT COMPANY LTD (REGISTERED NUMBER: 00947246)

BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 341,136 374,104

CURRENT ASSETS
Stocks 101,050 100,548
Debtors 5 412,851 458,274
Cash at bank and in hand 376,125 883,768
890,026 1,442,590
CREDITORS
Amounts falling due within one year 6 211,729 526,941
NET CURRENT ASSETS 678,297 915,649
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,019,433

1,289,753

CREDITORS
Amounts falling due after more than one
year

7

-

(38,126

)

PROVISIONS FOR LIABILITIES (6,500 ) (8,800 )
NET ASSETS 1,012,933 1,242,827

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 1,012,733 1,242,627
SHAREHOLDERS' FUNDS 1,012,933 1,242,827

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

COTSWOLD DAIRY EQUIPMENT COMPANY LTD (REGISTERED NUMBER: 00947246)

BALANCE SHEET - continued
30 NOVEMBER 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 7 February 2025 and were signed on its behalf by:





Mr J Hugo - Director


COTSWOLD DAIRY EQUIPMENT COMPANY LTD (REGISTERED NUMBER: 00947246)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Cotswold Dairy Equipment Company Ltd 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.

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.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

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.

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
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 13 (2023 - 13 ) .

COTSWOLD DAIRY EQUIPMENT COMPANY LTD (REGISTERED NUMBER: 00947246)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2023 449,322 477,687 927,009
Additions - 4,359 4,359
At 30 November 2024 449,322 482,046 931,368
DEPRECIATION
At 1 December 2023 173,052 379,853 552,905
Charge for year 19,228 18,099 37,327
At 30 November 2024 192,280 397,952 590,232
NET BOOK VALUE
At 30 November 2024 257,042 84,094 341,136
At 30 November 2023 276,270 97,834 374,104

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 392,926 438,884
Other debtors 19,925 19,390
412,851 458,274

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 15,461 29,965
Trade creditors 85,353 113,106
Amounts owed to group undertakings 16,510 197,054
Taxation and social security 71,264 163,941
Other creditors 23,141 22,875
211,729 526,941

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Bank loans - 38,126