Cottam Investments Limited Filleted Accounts Cover
Cottam Investments Limited
Company No. 07243077
Information for Filing with The Registrar
31 July 2024
Cottam Investments Limited Directors Report Registrar
The Directors present their report and the accounts for the year ended 31 July 2024.
Principal activities
The principal activity of the company during the year under review was property and business investment.
Directors
The Directors who served at any time during the year were as follows:
B. Cottam
D. Cottam
A. Crook
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
B. Cottam
Director
25 April 2025
Cottam Investments Limited Balance Sheet Registrar
at
31 July 2024
Company No.
07243077
Notes
2024
2023
£
£
Fixed assets
Investment property
4
1,635,0001,741,984
Investments
5
1,444,2941,442,825
3,079,2943,184,809
Current assets
Debtors
6
248,330193,030
Cash at bank and in hand
36,22147,612
284,551240,642
Creditors: Amount falling due within one year
7
(94,273)
(113,756)
Net current assets
190,278126,886
Total assets less current liabilities
3,269,5723,311,695
Net assets
3,269,5723,311,695
Capital and reserves
Called up share capital
88,50088,500
Profit and loss account
8
3,181,0723,223,195
Total equity
3,269,5723,311,695
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 25 April 2025 and signed on its behalf by:
B. Cottam
Director
25 April 2025
Cottam Investments Limited Notes to the Accounts Registrar
for the year ended 31 July 2024
1
General information
Cottam Investments Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 07243077
Its registered office is:
Unit 7 Monkton Business Park
Hebburn
Tyne And Wear
NE31 2JZ
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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 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. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. 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.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Freehold investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.
Investments
Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
33
4
Investment property
Freehold Investment Property
£
Valuation
At 1 August 2023
1,741,984
Revaluation
(106,984)
At 31 July 2024
1,635,000
5
Investments
Investment in Subsidiaries
Other investments
Total
£
£
£
Cost or valuation
At 1 August 2023
88,540
1,464,377
1,552,917
Additions
-
64,200
64,200
Revaluation
-
70,193
70,193
Disposals
-
(132,924)
(132,924)
At 31 July 2024
88,540
1,465,846
1,554,386
Provisions/Impairment
At 1 August 2023
-
110,092
110,092
At 31 July 2024
-
110,092
110,092
Net book values
At 31 July 2024
88,540
1,355,754
1,444,294
At 31 July 2023
88,540
1,354,285
1,442,825
6
Debtors
2024
2023
£
£
VAT recoverable
7110,668
Other debtors
11,0448,289
Prepayments and accrued income
237,215174,073
248,330193,030
7
Creditors:
amounts falling due within one year
2024
2023
£
£
Trade creditors
15,62212,608
Amounts owed to group undertakings
41,220
41,220
Accruals and deferred income
37,43159,928
94,273113,756
8
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
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