| CODCO LIMITED |
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| BALANCE SHEET |
| AS AT 31 JANUARY 2025 |
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| These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities. |
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| For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. |
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| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
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| 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. |
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| As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report. |
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| Signed on behalf of the board of directors |
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| Sir C G W Codrington |
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B Codrington |
| Director |
Director |
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| Date approved by the board: 4 May 2025 |
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| CODCO LIMITED |
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| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JANUARY 2025 |
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| 1 |
GENERAL INFORMATION |
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Codco Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is: |
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Springfield House |
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Fordwells |
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Witney |
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Oxon |
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OX29 9PP |
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The financial statements are presented in Sterling, which is the functional currency of the company. |
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| 2 |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
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Basis of preparation of financial statements |
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These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006. |
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Going concern |
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| CODCO LIMITED |
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| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JANUARY 2025 |
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| 6 |
CREDITORS: Amounts falling due within one year |
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2025 |
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2024 |
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£ |
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£ |
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Trade creditors |
4,834 |
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1,620 |
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Taxation and social security |
1,487 |
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2,478 |
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Accruals and deferred income |
1,500 |
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1,500 |
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Other creditors |
661,150 |
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964,134 |
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668,971 |
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969,732 |
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| 7 |
CREDITORS: Amounts falling due after more than one year |
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2025 |
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2024 |
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£ |
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£ |
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Other creditors |
300,000 |
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- |
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| 8 |
SECURED DEBTS |
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The company has a loan whereby the lender holds a legal charge over the investment property. Interest is charged at 6.5% per annum and the loan is repayable within 5 years. |
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| 9 |
RELATED PARTY TRANSACTIONS |
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During the year, the following transactions with related parties took place: |
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Advances from directors: |
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2025 |
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2024 |
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£ |
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£ |
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Sir C G W Codrington |
The director has made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the director the following amount: |
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Director |
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216,684 |
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318,124 |
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B Codrington |
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The director has made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the director the following amount: |
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Director |
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401,362 |
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502,802 |
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H J Codrington |
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The director has made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the director the following amount: |
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Director |
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41,768 |
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143,208 |
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