Company No: 04099868 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.05.2025		31.05.2024
		£		£
Current assets
Debtors	3	13,393		13,393
Cash at bank and in hand		100		100
		13,493		13,493
Net current assets		13,493		13,493
Total assets less current liabilities		13,493		13,493
Net assets		13,493		13,493
Capital and reserves
Called-up share capital		100		100
Share premium account		13,393		13,393
Total shareholder's funds		13,493		13,493

Cotton & Son Limited (registered number: 04099868) did not trade during the current or preceding financial period and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current or preceding financial period and therefore no Statement of Changes of Equity has been included. For the financial year ending 31 May 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Cotton & Son Limited (registered number: 04099868) were approved and authorised for issue by the Board of Directors on 03 September 2025. They were signed on its behalf by:

S Wakely Director

C J Wakely Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Cotton & Son Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 91 East Street, Bridport, DT6 3LB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

The accounting reference date for Cotton & Son Limited was altered to 31 May in order to bring this in line with that of its parent company. This has resulted in the previous accounting period being a 5 month period.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	Year ended 31.05.2025		Period from 01.01.2024 to 31.05.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Debtors

	31.05.2025		31.05.2024
	£		£
Amounts owed by Parent undertakings	13,393		13,393

Amounts owed by Group undertakings are repayable on demand and do not bear interest.

4. Related party transactions

Transactions with owners holding a participating interest in the entity

The company has taken advantage of the exemptions provided from disclosing transactions with its parent.

5. Ultimate controlling party

The company's immediate parent is A J Wakely & Sons Limited, incorporated in England and Wales. Its registered office address is 91 East Street, Bridport, DT6 3LB.

These financial statements are available upon request from Companies House, Cardiff.