REGISTERED NUMBER: 03305184 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Cotswold Estate Agents Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr S G Davis

REGISTERED OFFICE:

41A Church Road

Bishops Cleeve

Cheltenham

Gloucestershire

GL52 8LP

REGISTERED NUMBER:

03305184 (England and Wales)

ACCOUNTANTS:

Francis & Co

Second Floor

123 Promenade

Cheltenham

Gloucestershire

GL50 1NW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

445

-

445

-

CURRENT ASSETS

Debtors

6

8,640

12,970

Cash at bank

39,403

28,142

48,043

41,112

CREDITORS

Amounts falling due within one year

7

32,834

30,683

NET CURRENT ASSETS

15,209

10,429

TOTAL ASSETS LESS CURRENT LIABILITIES

15,654

10,429

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

15,554

10,329

SHAREHOLDERS' FUNDS

15,654

10,429

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 21 February 2025 and were signed by:

Mr S G Davis - Director

1.	STATUTORY INFORMATION

Cotswold Estate Agents Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

20% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 7 (2023 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

45,000

AMORTISATION

At 1 January 2024

and 31 December 2024

45,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

28,709

Additions

556

At 31 December 2024

29,265

DEPRECIATION

At 1 January 2024

28,709

Charge for year

111

At 31 December 2024

28,820

NET BOOK VALUE

At 31 December 2024

445

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

8,640

12,114

Other debtors

-

856

8,640

12,970

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

3,245

3,575

Taxation and social security

27,291

24,942

Other creditors

2,298

2,166

32,834

30,683

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr S G Davis.