Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30true2023-10-01false1dormant1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03507558 2023-10-01 2024-09-30 03507558 2022-10-01 2023-09-30 03507558 2024-09-30 03507558 2023-09-30 03507558 c:Director1 2023-10-01 2024-09-30 03507558 d:CurrentFinancialInstruments 2024-09-30 03507558 d:CurrentFinancialInstruments 2023-09-30 03507558 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 03507558 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 03507558 d:ShareCapital 2024-09-30 03507558 d:ShareCapital 2023-09-30 03507558 c:FRS102 2023-10-01 2024-09-30 03507558 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 03507558 c:FullAccounts 2023-10-01 2024-09-30 03507558 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 03507558 6 2023-10-01 2024-09-30 03507558 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Registered number: 03507558






COTTIS PROPERTY HOLDINGS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










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COTTIS PROPERTY HOLDINGS LIMITED
REGISTERED NUMBER:03507558

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
1,000
1,000

  
1,000
1,000

Current assets
  

Debtors: amounts falling due within one year
 5 
600,000
600,000

Cash at bank and in hand
 6 
100
100

  
600,100
600,100

Creditors: amounts falling due within one year
 7 
(600,000)
(600,000)

Net current assets
  
 
 
100
 
 
100

Total assets less current liabilities
  
1,100
1,100

  

Net assets
  
1,100
1,100


Capital and reserves
  

Called up share capital 
  
1,100
1,100

  
1,100
1,100


Page 1

 
COTTIS PROPERTY HOLDINGS LIMITED
REGISTERED NUMBER:03507558
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
S P Johnson
Director

Date: 9 April 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
COTTIS PROPERTY HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Cottis Property Holdings Limited in a private company limited by shares, incorporated in England and Wales. Its registered office is Millhouse, 32-38 East Street, Rochford, Essex SS4 1DB.
The principal activity of the company continued to be that of a non-trading holding company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

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.

 
2.7

Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the
Page 3

 
COTTIS PROPERTY HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.7
Financial instruments (continued)

present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 -1).

Page 4

 
COTTIS PROPERTY HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 October 2023
1,000



At 30 September 2024
1,000





5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
600,000
600,000

600,000
600,000



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
100
100

100
100



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
600,000
600,000

600,000
600,000


Page 5