IRIS Accounts Production v25.1.4.42 02508617 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false Ordinary 1.00000 41450 46284 36363 26865 77813 19419 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh025086172023-12-31025086172024-12-31025086172024-01-012024-12-31025086172022-12-31025086172023-01-012023-12-31025086172023-12-3102508617ns15:EnglandWales2024-01-012024-12-3102508617ns14:PoundSterling2024-01-012024-12-3102508617ns10:Director12024-01-012024-12-3102508617ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3102508617ns10:SmallEntities2024-01-012024-12-3102508617ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3102508617ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3102508617ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3102508617ns10:FullAccounts2024-01-012024-12-3102508617ns10:OrdinaryShareClass12024-01-012024-12-3102508617ns10:Director2422022-12-3102508617ns10:Director2422024-01-012024-12-3102508617ns10:Director2422023-01-012023-12-3102508617ns10:Director2422024-12-3102508617ns10:Director22024-01-012024-12-3102508617ns10:CompanySecretary12024-01-012024-12-3102508617ns10:RegisteredOffice2024-01-012024-12-3102508617ns5:CurrentFinancialInstruments2024-12-3102508617ns5:CurrentFinancialInstruments2023-12-3102508617ns5:Non-currentFinancialInstruments2024-12-3102508617ns5:Non-currentFinancialInstruments2023-12-3102508617ns5:ShareCapital2024-12-3102508617ns5:ShareCapital2023-12-3102508617ns5:RetainedEarningsAccumulatedLosses2024-12-3102508617ns5:RetainedEarningsAccumulatedLosses2023-12-3102508617ns5:PlantMachinery2024-01-012024-12-3102508617ns5:FurnitureFittings2024-01-012024-12-3102508617ns5:MotorVehicles2024-01-012024-12-3102508617ns5:ComputerEquipment2024-01-012024-12-3102508617ns5:PlantMachinery2023-12-3102508617ns5:FurnitureFittings2023-12-3102508617ns5:MotorVehicles2023-12-3102508617ns5:ComputerEquipment2023-12-3102508617ns5:PlantMachinery2024-12-3102508617ns5:FurnitureFittings2024-12-3102508617ns5:MotorVehicles2024-12-3102508617ns5:ComputerEquipment2024-12-3102508617ns5:PlantMachinery2023-12-3102508617ns5:FurnitureFittings2023-12-3102508617ns5:MotorVehicles2023-12-3102508617ns5:ComputerEquipment2023-12-3102508617ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3102508617ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3102508617ns5:CurrentFinancialInstruments2024-01-012024-12-3102508617ns10:OrdinaryShareClass12024-12-31025086171ns10:Director12023-12-31025086171ns10:Director12022-12-31025086171ns10:Director12024-01-012024-12-31025086171ns10:Director12023-01-012023-12-31025086171ns10:Director12024-12-31025086171ns10:Director12023-12-31
REGISTERED NUMBER: 02508617 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CO-COMMUNICATIONS LIMITED
TRADING AS
FERRIS PAINTING CONTRACTORS

CO-COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02508617)
TRADING AS FERRIS PAINTING CONTRACTORS

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CO-COMMUNICATIONS LIMITED
TRADING AS FERRIS PAINTING CONTRACTORS

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr A M Bonagura
Mrs D J Bonagura





SECRETARY: Mrs D J Bonagura





REGISTERED OFFICE: Fleming Court
Leigh Road
Eastleigh
Southampton
Hampshire
SO50 9PD





BUSINESS ADDRESS: White Oaks
Forest Road
Burley
Ringwood
Hampshire
BH24 4DE





REGISTERED NUMBER: 02508617 (England and Wales)






CO-COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02508617)
TRADING AS FERRIS PAINTING CONTRACTORS

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 133,846 83,844

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 6 240,938 163,493
Cash at bank 146,188 216,537
388,126 381,030
CREDITORS
Amounts falling due within one year 7 128,333 134,821
NET CURRENT ASSETS 259,793 246,209
TOTAL ASSETS LESS CURRENT
LIABILITIES

393,639

330,053

CREDITORS
Amounts falling due after more than one
year

8

(4,410

)

(14,808

)

PROVISIONS FOR LIABILITIES (33,462 ) (20,961 )
NET ASSETS 355,767 294,284

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 354,767 293,284
SHAREHOLDERS' FUNDS 355,767 294,284

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2025 and were signed on its behalf by:



Mr A M Bonagura - Director


CO-COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02508617)
TRADING AS FERRIS PAINTING CONTRACTORS

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Co-Communications 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Equipment - 25% on reducing balance

All fixed assets are initially recorded at 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

CO-COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02508617)
TRADING AS FERRIS PAINTING CONTRACTORS

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


3. ACCOUNTING POLICIES - continued

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

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement in administrative expenses.

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 6,301 20,684 155,593 14,233 196,811
Additions - - 72,500 - 72,500
At 31 December 2024 6,301 20,684 228,093 14,233 269,311
DEPRECIATION
At 1 January 2024 4,810 20,364 76,641 11,152 112,967
Charge for year 373 80 21,274 771 22,498
At 31 December 2024 5,183 20,444 97,915 11,923 135,465
NET BOOK VALUE
At 31 December 2024 1,118 240 130,178 2,310 133,846
At 31 December 2023 1,491 320 78,952 3,081 83,844

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 209,845 147,588
Other debtors 31,093 15,905
240,938 163,493

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 8,736 1,348
Taxation and social security 96,444 110,978
Other creditors 23,153 22,495
128,333 134,821

CO-COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02508617)
TRADING AS FERRIS PAINTING CONTRACTORS

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

Other creditors include £14,808 (2023: £24,948) borrowed under the Bounce Back Loan Scheme. The Bounce Back Loan Scheme provides the lender with a government-backed guarantee against the outstanding facility balance. £10,398 (2023: £10,140) is included in other creditors amounts falling due within one year and £4,410 (2023: £14,808) is included in other creditors amounts falling due after more than one year.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 4,410 14,808

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
Mr A M Bonagura and Mrs D J Bonagura
Balance outstanding at start of year - 41,450
Amounts advanced 46,284 36,363
Amounts repaid (26,865 ) (77,813 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,419 -

This loan was unsecured with interest charged at HMRC approved rates and was repaid to the company within 9 months of the year end.