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REGISTERED NUMBER: 01814610 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

COX'S BOATYARD LIMITED

COX'S BOATYARD LIMITED (REGISTERED NUMBER: 01814610)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COX'S BOATYARD LIMITED

COMPANY INFORMATION
for the year ended 30 September 2024







DIRECTORS: D H Adler
S G Daniels
L C Dixey
S J Goodman
D W Talbot





SECRETARY: D W Talbot





REGISTERED OFFICE: The Staithe
Barton Turf
Norwich
Norfolk
NR12 8AZ





REGISTERED NUMBER: 01814610 (England and Wales)





ACCOUNTANTS: Sexty & Co
Chartered Certified Accountants
124 Thorpe Road
Norwich
Norfolk
NR1 1RS

COX'S BOATYARD LIMITED (REGISTERED NUMBER: 01814610)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,045,887 1,052,611

CURRENT ASSETS
Stocks 132,311 98,110
Debtors 5 246,975 185,907
Cash at bank 712,191 768,191
1,091,477 1,052,208
CREDITORS
Amounts falling due within one year 6 318,385 299,387
NET CURRENT ASSETS 773,092 752,821
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,818,979

1,805,432

CREDITORS
Amounts falling due after more than one
year

7

(62,190

)

(108,121

)

PROVISIONS FOR LIABILITIES 9 (25,060 ) (28,566 )
NET ASSETS 1,731,729 1,668,745

CAPITAL AND RESERVES
Called up share capital 43,515 43,515
Share premium 15,134 15,134
Retained earnings 1,673,080 1,610,096
1,731,729 1,668,745

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 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.

COX'S BOATYARD LIMITED (REGISTERED NUMBER: 01814610)

BALANCE SHEET - 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 June 2025 and were signed on its behalf by:





L C Dixey - Director


COX'S BOATYARD LIMITED (REGISTERED NUMBER: 01814610)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Cox's Boatyard 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.

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 represents the invoiced value of sales, services and mooring fees exclusive of Value Added Tax. Mooring fees are charged by period in advance and turnover is only credited with the appropriate proportionate part of each mooring fee.

Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided on all fixed assets, when they are brought into use, at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold property 2% straight line
Plant & machinery 10% straight line
Quayheading and marina development 10% straight line
Equipment and loose tools 15% straight line
Motor vehicles 20% reducing balance

Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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.

COX'S BOATYARD LIMITED (REGISTERED NUMBER: 01814610)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023 1,331,335 411,564 1,742,899
Additions 47,520 11,556 59,076
Disposals - (8,156 ) (8,156 )
At 30 September 2024 1,378,855 414,964 1,793,819
DEPRECIATION
At 1 October 2023 434,855 255,433 690,288
Charge for year 30,499 35,282 65,781
Eliminated on disposal - (8,137 ) (8,137 )
At 30 September 2024 465,354 282,578 747,932
NET BOOK VALUE
At 30 September 2024 913,501 132,386 1,045,887
At 30 September 2023 896,480 156,131 1,052,611

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 226,428 157,845
Prepayments and accrued income 20,547 28,062
246,975 185,907

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Loans (see note 8) 45,931 42,786
Trade creditors 45,053 74,635
Taxation and social security 118,749 102,771
Accruals and deferred income 108,652 79,195
318,385 299,387

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Loans (see note 8) 62,190 108,121

COX'S BOATYARD LIMITED (REGISTERED NUMBER: 01814610)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Mortgage 45,931 42,786

Amounts falling due between one and two years:
Mortgage 62,190 108,121

On 31 December 2024 the company repaid the mortgage loan in full. At 30 September 2024 the total amount outstanding was £108,121.

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 25,060 28,566

Deferred
tax
£   
Balance at 1 October 2023 28,566
Provided during year (3,506 )
Balance at 30 September 2024 25,060

10. RELATED PARTY DISCLOSURES

The directors and shareholders of the company use the company's mooring facilities and engineering services. These services, which did not exceed £20,000 plus VAT for any individual, are charged to them at market value.

11. CONTROLLING PARTY

There is no one party or corporation holding more than 20% of the share capital of the company.