IRIS Accounts Production v25.1.3.33 13248773 Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary 'A' Shares 1.00000 Ordinary 'B' shares 1.00000 Non Redeemable Preference shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh132487732024-03-31132487732025-03-31132487732024-04-012025-03-31132487732023-03-31132487732023-04-012024-03-31132487732024-03-3113248773ns15:EnglandWales2024-04-012025-03-3113248773ns14:PoundSterling2024-04-012025-03-3113248773ns10:Director12024-04-012025-03-3113248773ns10:Director22024-04-012025-03-3113248773ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3113248773ns10:SmallEntities2024-04-012025-03-3113248773ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3113248773ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3113248773ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3113248773ns10:FullAccounts2024-04-012025-03-3113248773ns10:OrdinaryShareClass12024-04-012025-03-3113248773ns10:OrdinaryShareClass22024-04-012025-03-3113248773ns10:OrdinaryShareClass32024-04-012025-03-3113248773ns10:Director32024-04-012025-03-3113248773ns10:CompanySecretary12024-04-012025-03-3113248773ns10:RegisteredOffice2024-04-012025-03-3113248773ns5:CurrentFinancialInstruments2025-03-3113248773ns5:CurrentFinancialInstruments2024-03-3113248773ns5:Non-currentFinancialInstruments2025-03-3113248773ns5:Non-currentFinancialInstruments2024-03-3113248773ns5:ShareCapital2025-03-3113248773ns5:ShareCapital2024-03-3113248773ns5:RetainedEarningsAccumulatedLosses2025-03-3113248773ns5:RetainedEarningsAccumulatedLosses2024-03-3113248773ns5:LandBuildings2024-03-3113248773ns5:LandBuildings2024-04-012025-03-3113248773ns5:LandBuildings2025-03-3113248773ns5:LandBuildings2024-03-3113248773ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3113248773ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3113248773ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2025-03-3113248773ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-03-3113248773ns10:OrdinaryShareClass12025-03-3113248773ns10:OrdinaryShareClass22025-03-3113248773ns10:OrdinaryShareClass32025-03-3113248773ns5:RetainedEarningsAccumulatedLosses2024-03-3113248773ns5:RetainedEarningsAccumulatedLosses2024-04-012025-03-31
REGISTERED NUMBER: 13248773 (England and Wales)











REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CFICO LIMITED

CFICO LIMITED (REGISTERED NUMBER: 13248773)

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










Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5


CFICO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: J E Cowx
Mrs P A Cowx
J E Cowx (Jnr)





SECRETARY: Ray Bartlett (South West) Limited





REGISTERED OFFICE: 52-54 Winchester Street
Salisbury
Wiltshire
SP1 1HG





REGISTERED NUMBER: 13248773 (England and Wales)





ACCOUNTANTS: Ray Bartlett & Co
Accountants & Taxation Consultants
52-54 Winchester Street
Salisbury
Wiltshire
SP1 1HG

CFICO LIMITED (REGISTERED NUMBER: 13248773)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 MARCH 2025


The directors present their report with the financial statements of the company for the year ended 31 March 2025.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of a family investment company.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

J E Cowx
Mrs P A Cowx
J E Cowx (Jnr)

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





J E Cowx - Director


7 July 2025

CFICO LIMITED (REGISTERED NUMBER: 13248773)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,801,231 1,377,471

CURRENT ASSETS
Debtors 5 35,465 49,482
Investments 6 29,640,479 27,478,893
Cash at bank 6,083,045 5,974,236
35,758,989 33,502,611
CREDITORS
Amounts falling due within one year 7 (6,461,846 ) (4,458,347 )
NET CURRENT ASSETS 29,297,143 29,044,264
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,098,374

30,421,735

CREDITORS
Amounts falling due after more than one
year

8

(26,300,670

)

(26,300,670

)
NET ASSETS 4,797,704 4,121,065

CAPITAL AND RESERVES
Called up share capital 9 3,049,150 3,049,150
Retained earnings 10 1,748,554 1,071,915
SHAREHOLDERS' FUNDS 4,797,704 4,121,065

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 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.

CFICO LIMITED (REGISTERED NUMBER: 13248773)

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 Board of Directors and authorised for issue on 7 July 2025 and were signed on its behalf by:




J E Cowx - Director



Mrs P A Cowx - Director


CFICO LIMITED (REGISTERED NUMBER: 13248773)

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


1. STATUTORY INFORMATION

CFICO 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

CFICO LIMITED (REGISTERED NUMBER: 13248773)

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


4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 April 2024 1,377,471
Additions 423,760
At 31 March 2025 1,801,231
NET BOOK VALUE
At 31 March 2025 1,801,231
At 31 March 2024 1,377,471

Included in cost of land and buildings is freehold land of £ 1,801,231 (2024 - £ 1,383,599 ) which is not depreciated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors - 30,000
Withholding Tax 35,465 19,482
35,465 49,482

6. CURRENT ASSET INVESTMENTS

Listed investments are stated at their current value. Any profit or loss is charged to the profit and loss account.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 31,637 -
Social security and other taxes 233 3,275
Directors' current accounts 6,414,976 4,455,072
Accrued expenses 15,000 -
6,461,846 4,458,347

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Preference shares 26,300,670 26,300,670

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Preference shares 26,300,670 26,300,670

CFICO LIMITED (REGISTERED NUMBER: 13248773)

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


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
20 Ordinary 'A' Shares £1 20 20
29,330 Ordinary 'B' shares £1 29,330 29,330
30,000,000 Non Redeemable Preference
shares £1 3,019,800 3,019,800
3,049,150 3,049,150

10. RESERVES
Retained
earnings
£   

At 1 April 2024 1,071,915
Profit for the year 676,639
At 31 March 2025 1,748,554