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REGISTERED NUMBER: SC346845 (Scotland)







Unaudited Financial Statements

For The Year Ended 31st December 2024

for

T & H Cox Ltd.

T & H Cox Ltd. (Registered number: SC346845)






Contents of the Financial Statements
For The Year Ended 31st December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 9

T & H Cox Ltd.

Company Information
For The Year Ended 31st December 2024







DIRECTOR: T Cox





SECRETARY: Mrs H M Cox





REGISTERED OFFICE: Unit 3 Fryish Way
Teanish Industrial Estate
Alness
Rosshire
IV17 0PJ





REGISTERED NUMBER: SC346845 (Scotland)





ACCOUNTANTS: J S Mackie & Co Ltd
8 Douglas Street
Hamilton
Lanarkshire
ML3 0BP

T & H Cox Ltd. (Registered number: SC346845)

Balance Sheet
31st December 2024

2024 2023
Notes £ £
FIXED ASSETS
Intangible assets 4 12,967 24,967
Tangible assets 5 386,034 340,255
Investments 6 28,820 75,000
427,821 440,222

CURRENT ASSETS
Stocks 502,000 444,205
Debtors 7 167,888 165,263
Cash at bank and in hand 159,222 170,343
829,110 779,811
CREDITORS
Amounts falling due within one year 8 (267,558 ) (292,025 )
NET CURRENT ASSETS 561,552 487,786
TOTAL ASSETS LESS CURRENT
LIABILITIES

989,373

928,008

CREDITORS
Amounts falling due after more than one
year

9

(150,956

)

(122,708

)

PROVISIONS FOR LIABILITIES (76,393 ) (62,078 )
NET ASSETS 762,024 743,222

T & H Cox Ltd. (Registered number: SC346845)

Balance Sheet - continued
31st December 2024

2024 2023
Notes £ £
CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 761,824 743,022
SHAREHOLDERS' FUNDS 762,024 743,222

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 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.

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 29th July 2025 and were signed by:





T Cox - Director


T & H Cox Ltd. (Registered number: SC346845)

Notes to the Financial Statements
For The Year Ended 31st December 2024

1. STATUTORY INFORMATION

T & H Cox Ltd. is a private company, limited by shares , registered in Scotland. 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - not provided
Plant and machinery etc - 33% on cost, 20% on reducing balance, 20% on cost, 15% on reducing balance and 10% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


T & H Cox Ltd. (Registered number: SC346845)

Notes to the Financial Statements - continued
For The Year Ended 31st December 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 23 (2023 - 23 ) .

T & H Cox Ltd. (Registered number: SC346845)

Notes to the Financial Statements - continued
For The Year Ended 31st December 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£
COST
At 1st January 2024
and 31st December 2024 155,000
AMORTISATION
At 1st January 2024 130,033
Charge for year 12,000
At 31st December 2024 142,033
NET BOOK VALUE
At 31st December 2024 12,967
At 31st December 2023 24,967

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£ £ £
COST
At 1st January 2024 51,197 546,316 597,513
Additions - 160,164 160,164
Disposals - (70,160 ) (70,160 )
At 31st December 2024 51,197 636,320 687,517
DEPRECIATION
At 1st January 2024 5,546 251,712 257,258
Charge for year 512 78,833 79,345
Eliminated on disposal - (35,120 ) (35,120 )
At 31st December 2024 6,058 295,425 301,483
NET BOOK VALUE
At 31st December 2024 45,139 340,895 386,034
At 31st December 2023 45,651 294,604 340,255

T & H Cox Ltd. (Registered number: SC346845)

Notes to the Financial Statements - continued
For The Year Ended 31st December 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£
COST
At 1st January 2024 262,400
Additions 143,254
Disposals (70,160 )
At 31st December 2024 335,494
DEPRECIATION
At 1st January 2024 83,895
Charge for year 57,179
Eliminated on disposal (2,000 )
At 31st December 2024 139,074
NET BOOK VALUE
At 31st December 2024 196,420
At 31st December 2023 178,505

6. FIXED ASSET INVESTMENTS
Other loans
£
At 1st January 2024 75,000
Repayment in year (46,180 )
At 31st December 2024 28,820

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 165,213 162,863
Other debtors 2,675 2,400
167,888 165,263

T & H Cox Ltd. (Registered number: SC346845)

Notes to the Financial Statements - continued
For The Year Ended 31st December 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 22,965 22,965
Hire purchase contracts 61,248 53,460
Trade creditors 63,759 81,100
Taxation and social security 80,669 119,720
Other creditors 38,917 14,780
267,558 292,025

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£ £
Bank loans 26,121 45,308
Hire purchase contracts 124,835 77,400
150,956 122,708

T & H Cox Ltd.

Report of the Accountants to the Director of
T & H Cox Ltd.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st December 2024 set out on pages two to eleven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






J S Mackie & Co Ltd
8 Douglas Street
Hamilton
Lanarkshire
ML3 0BP


29th July 2025