REGISTERED NUMBER: 01233772 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025

FOR

BRIAN COOKE FURNISHINGS LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Mr M R Cooke

Mr M J Cooke

SECRETARY:

Mr M J Cooke

REGISTERED OFFICE:

36 Lodge Street

Hull

East Yorkshire

HU9 3EN

REGISTERED NUMBER:

01233772 (England and Wales)

ACCOUNTANTS:

Cheetham Allen

Chartered Accountants

17 Wright Street

Hull

East Yorkshire

HU2 8HU

BANKERS:

Virgin Money

10 - 12 Paragon Street

Hull

East Yorkshire

HU1 3ND

FIXED ASSETS

Tangible assets

4

610

86,568

Investment property

5

985,000

985,000

985,610

1,071,568

CURRENT ASSETS

Debtors

6

8,573

8,623

Cash at bank

44,812

1,254

53,385

9,877

CREDITORS

Amounts falling due within one year

7

25,752

36,850

NET CURRENT ASSETS/(LIABILITIES)

27,633

(26,973

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,013,243

1,044,595

CREDITORS

Amounts falling due after more than one year

8

(31,540

)

(37,756

)

PROVISIONS FOR LIABILITIES

10

(5,658

)

(5,655

)

NET ASSETS

976,045

1,001,184

CAPITAL AND RESERVES

Called up share capital

80

80

Other reserves

190,315

190,315

Retained earnings

785,650

810,789

SHAREHOLDERS' FUNDS

976,045

1,001,184

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 28th July 2025 and were signed on its behalf by:

Mr M J Cooke - Director

1.	STATUTORY INFORMATION

Brian Cooke Furnishings 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 as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Motor vehicle

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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 2 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

property

fittings

vehicle

Totals

£

£

£

£

COST

At 1st June 2024

85,785

6,660

24,335

116,780

Disposals

(85,785

)

-

-

(85,785

)

At 31st May 2025

-

6,660

24,335

30,995

DEPRECIATION

At 1st June 2024

-

6,202

24,010

30,212

Charge for year

-

92

81

173

At 31st May 2025

-

6,294

24,091

30,385

NET BOOK VALUE

At 31st May 2025

-

366

244

610

At 31st May 2024

85,785

458

325

86,568

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st June 2024

and 31st May 2025

985,000

NET BOOK VALUE

At 31st May 2025

985,000

At 31st May 2024

985,000

Fair value at 31st May 2025 is represented by:

£

Valuation in 2024

195,821

Cost

789,179

985,000

If investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

789,179

789,179

Investment properties were valued on an open market basis on 31st May 2025 by Mr. M.R. Cooke, a director of the company .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,440

8,337

Other debtors

1,133

286

8,573

8,623

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loan

5,153

8,279

Taxation and social security

10,814

-

Other creditors

9,785

28,571

25,752

36,850

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

22,978

27,482

Other creditors

8,562

10,274

31,540

37,756

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

5,983

11,298

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

28,131

35,761

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

152

149

Revaluation of investment properties

5,506

5,506

5,658

5,655

Deferred

tax

£

Balance at 1st June 2024

5,655

Accelerated capital allowances

3

Balance at 31st May 2025

5,658