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REGISTERED NUMBER: 11188162 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

CO SUSHI LIMITED

CO SUSHI LIMITED (Registered number: 11188162)






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


CO SUSHI LIMITED

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Q CHEN





REGISTERED OFFICE: 82 ABOVE BAR STREET
SOUTHAMPTON
HAMPSHIRE
SO14 7DT





REGISTERED NUMBER: 11188162 (England and Wales)





ACCOUNTANTS: XIANG & CO ACCOUNTING SERVICES
BURRELL HOUSE
44 BROADWAY
LONDON
E15 1XH

CO SUSHI LIMITED (Registered number: 11188162)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 16,002 20,002
Tangible assets 5 42,492 47,606
58,494 67,608

CURRENT ASSETS
Stocks 6 5,358 10,520
Debtors 7 50,979 126,932
Cash at bank and in hand 118,130 107,364
174,467 244,816
CREDITORS
Amounts falling due within one year 8 33,180 46,955
NET CURRENT ASSETS 141,287 197,861
TOTAL ASSETS LESS CURRENT
LIABILITIES

199,781

265,469

CREDITORS
Amounts falling due after more than one
year

9

-

18,500
NET ASSETS 199,781 246,969

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 199,681 246,869
SHAREHOLDERS' FUNDS 199,781 246,969

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.

CO SUSHI LIMITED (Registered number: 11188162)

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 16 June 2025 and were signed by:





Q CHEN - Director


CO SUSHI LIMITED (Registered number: 11188162)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of 10 years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Fixtures and fittings - 15% on reducing balance
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

CO SUSHI LIMITED (Registered number: 11188162)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 39,999
AMORTISATION
At 1 April 2024 19,997
Charge for year 4,000
At 31 March 2025 23,997
NET BOOK VALUE
At 31 March 2025 16,002
At 31 March 2024 20,002

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024 17,294 58,648 6,598 82,540
Additions - 3,000 599 3,599
At 31 March 2025 17,294 61,648 7,197 86,139
DEPRECIATION
At 1 April 2024 5,834 24,681 4,419 34,934
Charge for year 1,729 5,545 1,439 8,713
At 31 March 2025 7,563 30,226 5,858 43,647
NET BOOK VALUE
At 31 March 2025 9,731 31,422 1,339 42,492
At 31 March 2024 11,460 33,967 2,179 47,606

CO SUSHI LIMITED (Registered number: 11188162)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. STOCKS
31.3.25 31.3.24
£    £   
Stocks 5,358 10,520

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 37,869 29,400
Accrued income 160 -
Directors' current accounts - 84,209
Prepayments 12,950 13,323
50,979 126,932

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors - 2,237
Tax - 11,584
Social security and other taxes - 5,836
VAT 5,186 6,450
Other creditors - 1,164
Directors' current accounts 18,950 -
Accrued expenses 9,044 19,684
33,180 46,955

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Other loans - 1-2 years - 18,500

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
100 Ordinary Share Capital £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 April 2024 246,869
Deficit for the year (11,188 )
Dividends (36,000 )
At 31 March 2025 199,681

CO SUSHI LIMITED (Registered number: 11188162)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

12. RELATED PARTY DISCLOSURES

During the year, £36,000 of dividends were offset against the Director's Loan account, reducing the outstanding balance.The remaining balance was subsequently settled, and the loan was fully repaid.

As at 31.03.2025, there is a balance due from the company to the director, Mr Qin Chen, amounted to £18,950.