Company Registration No. 13264501 (England and Wales)
Coelco Residential Limited
Unaudited accounts
for the year ended 31 March 2025
Coelco Residential Limited
Unaudited accounts
Contents
Coelco Residential Limited
Company Information
for the year ended 31 March 2025
Directors
Dr Constantine Girio-Fragkoulakis
Dr Eleni Daniel
Company Number
13264501 (England and Wales)
Registered Office
Jsm, Brightfield Business Hub
Bakewell Road
Peterborough
Cambridgeshire
PE2 6XU
United Kingdom
Accountants
JSM Partners
Brightfield Business Hub
Bakewell Road
Peterborough
Cambridgeshire
PE2 6XU
Coelco Residential Limited
Statement of financial position
as at 31 March 2025
Tangible assets
3,087
2,250
Investment property
837,345
399,252
Cash at bank and in hand
2,578
6,605
Creditors: amounts falling due within one year
(658,280)
(441,082)
Net current liabilities
(604,441)
(372,718)
Total assets less current liabilities
235,991
28,784
Creditors: amounts falling due after more than one year
(404,947)
(105,000)
Net liabilities
(168,956)
(76,216)
Called up share capital
2
2
Profit and loss account
(168,958)
(76,218)
Shareholders' funds
(168,956)
(76,216)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by
Dr Constantine Girio-Fragkoulakis
Director
Company Registration No. 13264501
Coelco Residential Limited
Notes to the Accounts
for the year ended 31 March 2025
Coelco Residential Limited is a private company, limited by shares, registered in England and Wales, registration number 13264501. The registered office is Jsm, Brightfield Business Hub, Bakewell Road, Peterborough, Cambridgeshire, PE2 6XU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 April 2024
399,252
Coelco Residential Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Accrued income and prepayments
50,472
40,162
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
100,505
Amounts owed to group undertakings and other participating interests
656,300
311,300
Taxes and social security
-
21
Loans from directors
1,980
-
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
404,947
105,000
During the year loans totalling £1,980 were received from the directors. These remain outstanding at the year end and are interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 2 (2024: 0).