Registered number
13913926
House of Cod Limited
Filleted Accounts
30 September 2024
House of Cod Limited
Registered number: 13913926
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 1,670,450 1,670,450
Current assets
Cash at bank and in hand 15,750 13,459
Creditors: amounts falling due within one year 4 (419,086) (535,320)
Net current liabilities (403,336) (521,861)
Total assets less current liabilities 1,267,114 1,148,589
Creditors: amounts falling due after more than one year 5 (1,246,324) (1,145,777)
Net assets 20,790 2,812
Capital and reserves
Called up share capital 2 2
Profit and loss account 20,788 2,810
Shareholders' funds 20,790 2,812
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs Sue Lipscombe
Director
Approved by the board on 25 April 2025
House of Cod Limited
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Investments
Other
investments
£
Cost
At 1 October 2023 1,670,450
At 30 September 2024 1,670,450
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 39,591 38,920
Directors' loan account 369,988 489,989
Taxation and social security costs 9,507 5,811
Other creditors - 600
419,086 535,320
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 888,385 928,647
Other creditors 357,939 217,130
1,246,324 1,145,777
6 Loans 2024 2023
£ £
Creditors include:
Secured bank loans 1,297,964 1,457,557
Loans of £1,297,964 are secured against the property held by the company.
7 Related party transactions
Within other creditors there is a balance of £357,939 (2023: £217,730) due to Cod Steaks Limited, a company registered in England & Wales. The directors of the company are also the directors of Cod Steaks Limited. No interest is being charged on the balance.
8 Other information
House of Cod Limited is a private company limited by shares and incorporated in England. Its registered office is:
2 Cole Road
St Philips
Bristol
BS2 0UG
House of Cod Limited 13913926 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts April 2025 Mrs Sue Lipscombe No description of principal activity 13913926 2022-10-01 2023-09-30 13913926 core:WithinOneYear 2023-09-30 13913926 core:AfterOneYear 2023-09-30 13913926 core:ShareCapital 2023-09-30 13913926 core:RetainedEarningsAccumulatedLosses 2023-09-30 13913926 2023-10-01 2024-09-30 13913926 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 13913926 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 13913926 bus:Director40 2023-10-01 2024-09-30 13913926 countries:England 2023-10-01 2024-09-30 13913926 bus:FRS102 2023-10-01 2024-09-30 13913926 bus:FilletedAccounts 2023-10-01 2024-09-30 13913926 2024-09-30 13913926 core:WithinOneYear 2024-09-30 13913926 core:AfterOneYear 2024-09-30 13913926 core:ShareCapital 2024-09-30 13913926 core:RetainedEarningsAccumulatedLosses 2024-09-30 13913926 2023-09-30 iso4217:GBP xbrli:pure