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REGISTERED NUMBER: 02805563 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

COTSWOLD COMMUNICATIONS LIMITED

COTSWOLD COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02805563)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Balance sheet 1

Notes to the financial statements 2


COTSWOLD COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02805563)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £   
Current assets
Stocks 76,249 110,180
Debtors 5 202,960 776,945
Cash at bank 5,678 6,074
284,887 893,199
Creditors
Amounts falling due within one year 6 261,816 734,439
Net current assets 23,071 158,760
Total assets less current liabilities 23,071 158,760

Creditors
Amounts falling due after more than one year 7 8,334 18,334
Net assets 14,737 140,426

Capital and reserves
Called up share capital 8 300 300
Retained earnings 14,437 140,126
Shareholders' funds 14,737 140,426

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.

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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2025 and were signed on its behalf by:





Mr M Cheyne - Director


COTSWOLD COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02805563)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. Statutory information

Cotswold Communications Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 02805563. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business address is Habgoods Yard, Brook Lane, Corfe Mullen, Wimborne, Dorset, BH21 3UD.

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 amounts receivable, excluding value added tax, in respect of services provided in the ordinary course of business. Turnover is recognised when the service has been provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Stocks
Stock and Work In Progress are valued at the lower of cost and net realisable value.

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 taxation
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.

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.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company, it's fellow subsidiary and its parent comprise a small-sized group. The group has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

COTSWOLD COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02805563)

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 4 (2023 - 4 ) .

4. Tangible fixed assets
Computer
equipment
£   
Cost
At 1 October 2023 5,272
Disposals (5,272 )
At 30 September 2024 -
Depreciation
At 1 October 2023 5,272
Eliminated on disposal (5,272 )
At 30 September 2024 -
Net book value
At 30 September 2024 -
At 30 September 2023 -

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 190,886 713,687
VAT 11,486 62,006
Prepayments and accrued income 588 1,252
202,960 776,945

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 199,070 661,680
Amounts owed to group undertakings 36,319 36,416
Tax 8,483 8,483
Pension creditor 275 250
Accruals and deferred income 7,669 17,610
261,816 734,439

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans - 1-2 years 8,334 10,000
Bank loans - 2-5 years - 8,334
8,334 18,334

COTSWOLD COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02805563)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
40 M £1 40 40
130 M1 £1 130 130
130 S £1 130 130
300 300

9. Ultimate controlling party

The company is ultimately controlled by the director Mr M Cheyne, by virtue of his 51% holding in the voting share capital of the parent company, Cheyne Link Holdings Limited.