IRIS Accounts Production v25.1.0.734 03190473 director 1.10.23 30.9.24 30.9.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh031904732023-09-30031904732024-09-30031904732023-10-012024-09-30031904732022-09-30031904732022-10-012023-09-30031904732023-09-3003190473ns15:EnglandWales2023-10-012024-09-3003190473ns14:PoundSterling2023-10-012024-09-3003190473ns10:Director12023-10-012024-09-3003190473ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3003190473ns10:SmallEntities2023-10-012024-09-3003190473ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3003190473ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3003190473ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3003190473ns10:FullAccounts2023-10-012024-09-3003190473ns10:OrdinaryShareClass12023-10-012024-09-3003190473ns10:CompanySecretary12023-10-012024-09-3003190473ns10:RegisteredOffice2023-10-012024-09-3003190473ns5:CurrentFinancialInstruments2024-09-3003190473ns5:CurrentFinancialInstruments2023-09-3003190473ns5:Non-currentFinancialInstruments2024-09-3003190473ns5:Non-currentFinancialInstruments2023-09-3003190473ns5:ShareCapital2024-09-3003190473ns5:ShareCapital2023-09-3003190473ns5:RevaluationReserve2024-09-3003190473ns5:RevaluationReserve2023-09-3003190473ns5:RetainedEarningsAccumulatedLosses2024-09-3003190473ns5:RetainedEarningsAccumulatedLosses2023-09-3003190473ns5:PlantMachinery2023-10-012024-09-3003190473ns5:MotorVehicles2023-10-012024-09-3003190473ns5:ComputerEquipment2023-10-012024-09-3003190473ns5:LandBuildings2023-09-3003190473ns5:PlantMachinery2023-09-3003190473ns5:MotorVehicles2023-09-3003190473ns5:ComputerEquipment2023-09-3003190473ns5:LandBuildings2023-10-012024-09-3003190473ns5:LandBuildings2024-09-3003190473ns5:PlantMachinery2024-09-3003190473ns5:MotorVehicles2024-09-3003190473ns5:ComputerEquipment2024-09-3003190473ns5:LandBuildings2023-09-3003190473ns5:PlantMachinery2023-09-3003190473ns5:MotorVehicles2023-09-3003190473ns5:ComputerEquipment2023-09-3003190473ns5:CostValuation2024-09-3003190473ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3003190473ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3003190473ns5:DeferredTaxation2023-09-3003190473ns5:DeferredTaxation2023-10-012024-09-3003190473ns5:DeferredTaxation2024-09-3003190473ns10:OrdinaryShareClass12024-09-3003190473ns5:RevaluationReserve2023-09-30031904731ns10:Director12023-09-30031904731ns10:Director12022-09-30031904731ns10:Director12023-10-012024-09-30031904731ns10:Director12022-10-012023-09-30031904731ns10:Director12024-09-30031904731ns10:Director12023-09-30
REGISTERED NUMBER: 03190473 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 September 2024

for

COELCO TRADING LIMITED

COELCO TRADING LIMITED (REGISTERED NUMBER: 03190473)

Contents of the Financial Statements
for the year ended 30 September 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


COELCO TRADING LIMITED

Company Information
for the year ended 30 September 2024







Director: Mr C M Ellmore





Secretary: Mrs S Witham





Registered office: Beacon House, Unit 19
2 Barlow Way
Fairview Industrial Park
Rainham
Essex
RM13 8UX





Registered number: 03190473 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

COELCO TRADING LIMITED (REGISTERED NUMBER: 03190473)

Statement of Financial Position
30 September 2024

2024 2023
Notes £    £    £   
Fixed assets
Tangible assets 4 1,653,469 1,658,743
Investments 5 23,640 23,640
1,677,109 1,682,383

Current assets
Debtors 6 3,492 2,552
Cash at bank 227,796 235,379
231,288 237,931
Creditors
Amounts falling due within one year 7 26,106 27,531
Net current assets 205,182 210,400
Total assets less current liabilities 1,882,291 1,892,783

Creditors
Amounts falling due after more than one
year

8

-

(16,610

)

Provisions for liabilities 9 (124,224 ) (125,226 )
Net assets 1,758,067 1,750,947

Capital and reserves
Called up share capital 10 100 100
Revaluation reserve 11 1,018,540 1,018,540
Retained earnings 739,427 732,307
Shareholders' funds 1,758,067 1,750,947

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

COELCO TRADING LIMITED (REGISTERED NUMBER: 03190473)

Statement of Financial Position - continued
30 September 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 May 2025 and were signed by:





Mr C M Ellmore - Director


COELCO TRADING LIMITED (REGISTERED NUMBER: 03190473)

Notes to the Financial Statements
for the year ended 30 September 2024


1. Statutory information

Coelco Trading 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

Freehold Property is held at revalued amount and not subject to depreciation due to the Directors opinion that the useful economic life of the property us such that any depreciation charge would be immaterial.

Investments in associates
Investments in associate undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2023 - 1 ) .

COELCO TRADING LIMITED (REGISTERED NUMBER: 03190473)

Notes to the Financial Statements - continued
for the year ended 30 September 2024


4. Tangible fixed assets
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
Cost or valuation
At 1 October 2023
and 30 September 2024 1,637,500 1,988 36,123 1,247 1,676,858
Depreciation
At 1 October 2023 - 1,372 16,227 516 18,115
Charge for year - 154 4,974 146 5,274
At 30 September 2024 - 1,526 21,201 662 23,389
Net book value
At 30 September 2024 1,637,500 462 14,922 585 1,653,469
At 30 September 2023 1,637,500 616 19,896 731 1,658,743

Cost or valuation at 30 September 2024 is represented by:

Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
Valuation in 2007 501,887 - - - 501,887
Valuation in 2018 117,963 - - - 117,963
Valuation in 2022 118,000 - - - 118,000
Valuation in 2023 401,880 - - - 401,880
Cost 497,770 1,988 36,123 1,247 537,128
1,637,500 1,988 36,123 1,247 1,676,858

5. Fixed asset investments
Interest
in
associate
£   
Cost
At 1 October 2023
and 30 September 2024 23,640
Net book value
At 30 September 2024 23,640
At 30 September 2023 23,640

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 180 180
Other debtors 3,312 2,372
3,492 2,552

COELCO TRADING LIMITED (REGISTERED NUMBER: 03190473)

Notes to the Financial Statements - continued
for the year ended 30 September 2024


7. Creditors: amounts falling due within one year
2024 2023
£    £   
Hire purchase contracts 11,650 6,603
Trade creditors 4,202 7,369
Taxation and social security 4,475 7,089
Other creditors 5,779 6,470
26,106 27,531

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Hire purchase contracts - 16,610

9. Provisions for liabilities
2024 2023
£    £   
Deferred tax 124,224 125,226

Deferred
tax
£   
Balance at 1 October 2023 125,226
Credit to Profit and Loss Account during year (1,002 )
Balance at 30 September 2024 124,224

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary 1 100 100

11. Reserves
Revaluation
reserve
£   
At 1 October 2023
and 30 September 2024 1,018,540

COELCO TRADING LIMITED (REGISTERED NUMBER: 03190473)

Notes to the Financial Statements - continued
for the year ended 30 September 2024


12. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Mr C M Ellmore
Balance outstanding at start of year (98 ) (98 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (98 ) (98 )

13. Related party disclosures

During the year the company charged rent of £19,975 (2023 - £19,975) and was invoiced management charges of £5,011 (2023 - £4,965) from Manor Shipping Services Ltd, an associated company.