Cococure Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 10450117

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		43,143		87,220

			43,143		87,220
CURRENT ASSETS
Debtors	5	192,709		301,897
Cash at bank and in hand		23,109		14,722

		215,818		316,619
Creditors: Amounts Falling Due Within One Year	6	(209,420 )		(296,167 )

NET CURRENT ASSETS (LIABILITIES)			6,398		20,452

TOTAL ASSETS LESS CURRENT LIABILITIES			49,541		107,672

Creditors: Amounts Falling Due After More Than One Year	7		(28,804 )		(33,804 )

NET ASSETS			20,737		73,868

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			20,736		73,867

SHAREHOLDERS' FUNDS			20,737		73,868

For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Folabi Ogunkoya

Director

10 April 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Cococure Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10450117 . The registered office is 5 Minories, London, EC3N 1BJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided 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:

Plant & Machinery	- 20% straight line
Fixtures & Fittings	- 20% straight line
Leasehold	over the lease term

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: 1)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Leasehold	Total
	£	£	£	£
Cost
As at 1 November 2023	182,790	108,089	52,733	343,612

As at 31 October 2024	182,790	108,089	52,733	343,612

Depreciation
As at 1 November 2023	121,658	82,001	52,733	256,392
Provided during the period	25,769	18,308	-	44,077

As at 31 October 2024	147,427	100,309	52,733	300,469

Net Book Value
As at 31 October 2024	35,363	7,780	-	43,143

As at 1 November 2023	61,132	26,088	-	87,220

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Cococure Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2024

5. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	161,519	193,190
Other debtors	31,039	108,707
Other taxes and social security	151	-

	192,709	301,897

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	1,599	2,271
Bank loans and overdrafts	5,000	5,000
Other taxes and social security	-	53,388
Other creditors	201,321	235,508
Accruals and deferred income	1,500	-

	209,420	296,167

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	28,804	33,804

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1	1

9. Related Party Transactions

As at the balance sheet date, the company had an outstanding payable of £201,071 to Cococure House Ltd, a company under the control of Mr. Folabi Ogunkoya.

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