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REGISTERED NUMBER: 07110721 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

COLE MANAGEMENT LIMITED

COLE MANAGEMENT LIMITED (REGISTERED NUMBER: 07110721)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COLE MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: R J Cole





REGISTERED OFFICE: Unit LM01.0G.02
The Leathermarket
11-13 Weston Street
London
London
SE1 3ER





REGISTERED NUMBER: 07110721 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

COLE MANAGEMENT LIMITED (REGISTERED NUMBER: 07110721)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 12,951 6,765
Tangible assets 5 114,175 93,240
127,126 100,005

CURRENT ASSETS
Debtors 6 292,081 414,568
Cash at bank 15,074 629
307,155 415,197
CREDITORS
Amounts falling due within one year 7 248,219 213,578
NET CURRENT ASSETS 58,936 201,619
TOTAL ASSETS LESS CURRENT
LIABILITIES

186,062

301,624

CREDITORS
Amounts falling due after more than one
year

8

(34,312

)

(112,826

)

PROVISIONS FOR LIABILITIES (12,739 ) (6,755 )
NET ASSETS 139,011 182,043

CAPITAL AND RESERVES
Called up share capital 800 800
Capital redemption reserve 200 200
Retained earnings 138,011 181,043
139,011 182,043

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

COLE MANAGEMENT LIMITED (REGISTERED NUMBER: 07110721)

BALANCE SHEET - continued
31 MARCH 2025


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 director and authorised for issue on 5 June 2025 and were signed by:





R J Cole - Director


COLE MANAGEMENT LIMITED (REGISTERED NUMBER: 07110721)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Cole Management 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised at the point the invoiced is raised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website and Brand are being amortised evenly over their estimated useful life of 10 years.

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 - Straight line over 20 years
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Financial instruments
Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

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.


COLE MANAGEMENT LIMITED (REGISTERED NUMBER: 07110721)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The directors has considered the risks and issues concerning the company and it's activities and no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern have been identified by the directors.

Provisions
Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

Government grants
Government grants relating to tangible fixed assets are treated as deferred income and released to the profit and loss over the expected useful lives of the assets to which they relate .Government grants which are not directly attributable to fixed assets are recognised in the profit and loss in accordance with the accruals method in line with FRS 102.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 10 ) .

COLE MANAGEMENT LIMITED (REGISTERED NUMBER: 07110721)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2024 11,275
Additions 7,905
At 31 March 2025 19,180
AMORTISATION
At 1 April 2024 4,510
Charge for year 1,719
At 31 March 2025 6,229
NET BOOK VALUE
At 31 March 2025 12,951
At 31 March 2024 6,765

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 7,967 60,000 9,809 68,061 145,837
Additions - - 30,636 6,352 36,988
At 31 March 2025 7,967 60,000 40,445 74,413 182,825
DEPRECIATION
At 1 April 2024 - 1,746 3,819 47,032 52,597
Charge for year - 3,000 6,992 6,061 16,053
At 31 March 2025 - 4,746 10,811 53,093 68,650
NET BOOK VALUE
At 31 March 2025 7,967 55,254 29,634 21,320 114,175
At 31 March 2024 7,967 58,254 5,990 21,029 93,240

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 145,432 188,311
Other debtors 16,000 11,680
Directors' loan accounts 105,273 195,345
Prepayments 25,376 19,232
292,081 414,568

COLE MANAGEMENT LIMITED (REGISTERED NUMBER: 07110721)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 47,227 10,097
Trade creditors 27,139 23,218
Corporation Tax 47,158 76,884
Social security and other taxes 24,559 22,918
VAT 92,826 55,329
Other creditors 9,310 25,131
Directors' loan accounts - 1
248,219 213,578

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans - 1-2 years 34,312 10,404
Bank loans - 2-5 years - 102,422
34,312 112,826

9. TRANSACTIONS WITH DIRECTORS

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
R J Cole
Balance outstanding at start of year 195,344 181,025
Amounts advanced 125,606 214,728
Amounts repaid (215,677 ) (200,409 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 105,273 195,344

D A Berry
Balance outstanding at start of year - 36,795
Amounts advanced - 16,888
Amounts repaid - (53,683 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

A Millis
Balance outstanding at start of year - 3,151
Amounts advanced - 15,314
Amounts repaid - (18,465 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Interest is being charged on the loan at the HMRC approved rate. There are no set repayment terms.