Registration number: 07999042

CoCreate Consultancy Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 9

CoCreate Consultancy Ltd

Company Information

Directors

Mr Andrew Caldwell Mr Tom James Mrs Anna Caldwell Mrs Lisa James

Registered office

Glove Factory Studios Brook Lane Holt Bradford-On-Avon BA14 6RL

Accountants

Delphi Accounting Ltd Chartered Tax AdvisersUnit 3, Roman Way Bath Business Park Peasedown St. John Bath BA2 8SG

CoCreate Consultancy Ltd

(Registration number: 07999042)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,215	1,617
Current assets
Debtors	5	330,142	159,846
Investments	6	150,000	50,000
Cash at bank and in hand		141,612	229,081
		621,754	438,927
Creditors: Amounts falling due within one year	7	(365,237)	(224,549)
Net current assets		256,517	214,378
Net assets		257,732	215,995
Capital and reserves
Called up share capital	8	167	167
Share premium reserve		7,133	7,133
Retained earnings		250,432	208,695
Shareholders' funds		257,732	215,995

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 September 2025 and signed on its behalf by:
 

......................................... Mr Andrew Caldwell Director

CoCreate Consultancy Ltd

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

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Glove Factory Studios
Brook Lane
Holt
Bradford-On-Avon
BA14 6RL
England

These financial statements were authorised for issue by the Board on 4 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

CoCreate Consultancy Ltd

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

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures & Fittings	33% SL

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

CoCreate Consultancy Ltd

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

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 5).

CoCreate Consultancy Ltd

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

4	Tangible assets

	Fixtures and fittings £	Total £
Cost or valuation
At 1 April 2024	12,881	12,881
Additions	912	912
At 31 March 2025	13,793	13,793
Depreciation
At 1 April 2024	11,264	11,264
Charge for the year	1,314	1,314
At 31 March 2025	12,578	12,578
Carrying amount
At 31 March 2025	1,215	1,215
At 31 March 2024	1,617	1,617

5

Debtors

Current	2025 £	2024 £
Trade debtors	323,677	158,028
Prepayments	1,723	-
Other debtors	4,742	1,818
	330,142	159,846

6	Current asset investments

	2025 £	2024 £
Other investments	150,000	50,000

7

Creditors

Creditors: amounts falling due within one year

CoCreate Consultancy Ltd

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

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	403	806
Trade creditors		20,573	26,304
Taxation and social security		131,229	107,036
Accruals and deferred income		3,627	5,859
Other creditors		209,405	84,544
		365,237	224,549

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
A Ordinary of £0.01 each	5,000	50	5,000	50
B Ordinary of £0.01 each	5,000	50	5,000	50
C Ordinary of £0.01 each	3,334	33	3,334	33
D Ordinary of £0.01 each	3,333	33	3,333	33
	16,667	167	16,667	167

CoCreate Consultancy Ltd

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

9	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	403	806

10

Dividends

Final dividends paid

		2025 £		2024 £
Final dividend of £9.87 (2024 - £11.52) per each A Ordinary		49,350		57,600
Final dividend of £14.10 (2024 - £12.30) per each B Ordinary		70,500		61,500
Final dividend of £11.25 (2024 - £8.25) per each C Ordinary		37,500		27,500
Final dividend of £Nil (2024 - £6.00) per each D Ordinary		-		20,000
		157,350		166,600

11	Related party transactions

CoCreate Consultancy Ltd

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

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	50,280	50,280