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REGISTERED NUMBER: 04570735 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Cottage Creations Limited

Cottage Creations Limited (Registered number: 04570735)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Cottage Creations Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: S P Smith





SECRETARY: D L Smith





REGISTERED OFFICE: Oakwood House
Darvill Road
Ropley
Winchester
Hampshire
SO24 0BW





REGISTERED NUMBER: 04570735 (England and Wales)





ACCOUNTANTS: Butler & Co Alresford Limited
Chartered Accountants
The Old Stables
Sutton Manor Farm
Bishops Sutton
Alresford
Hampshire
SO24 0AA

Cottage Creations Limited (Registered number: 04570735)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,463 9,951

CURRENT ASSETS
Debtors 5 18,399 12,944
Cash at bank 19,026 9,153
37,425 22,097
CREDITORS
Amounts falling due within one year 6 41,825 29,021
NET CURRENT LIABILITIES (4,400 ) (6,924 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,063

3,027

PROVISIONS FOR LIABILITIES 7 1,740 2,110
NET ASSETS 1,323 917

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,223 817
1,323 917

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 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 29 July 2025 and were signed by:




S P Smith - Director


Cottage Creations Limited (Registered number: 04570735)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Cottage Creations 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.

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.

The director considers the use of the going concern basis of accounting appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern. The financial statements have therefore been prepared on a going concern basis. The director has confirmed that he will continue to support the company.

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% reducing balance basis
Fixtures and fittings - 25% reducing balance basis
Computer equipment - 25% reducing balance basis

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

Cottage Creations Limited (Registered number: 04570735)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024
and 31 March 2025 18,392 1,256 4,790 24,438
DEPRECIATION
At 1 April 2024 10,073 1,095 3,319 14,487
Charge for year 2,080 40 368 2,488
At 31 March 2025 12,153 1,135 3,687 16,975
NET BOOK VALUE
At 31 March 2025 6,239 121 1,103 7,463
At 31 March 2024 8,319 161 1,471 9,951

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 14,797 9,538
Other debtors 3,602 3,406
18,399 12,944

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 25 38
Taxation and social security 40,825 28,008
Other creditors 975 975
41,825 29,021

7. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 1,740 2,110

Deferred
tax
£   
Balance at 1 April 2024 2,110
Accelerated capital allowances (370 )
Balance at 31 March 2025 1,740

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £88,000 were paid to the director .

Cottage Creations Limited (Registered number: 04570735)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. RELATED PARTY DISCLOSURES - continued

The director maintains a loan account with the company.

Balance due to/(from) related party at the balance sheet date:-
2025 2024
£    £   
Director's loan account (3,602 ) (3,406 )

9. ULTIMATE CONTROLLING PARTY

During the period under review the company was under the control of the sole director and majority shareholder.