REGISTERED NUMBER: 03519457 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

COWLING CONSTRUCTION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M J Desoer

Mrs V A Desoer

Mr J Desoer

SECRETARY:

Mr J Desoer

REGISTERED OFFICE:

24 Haigh Crescent

Chorley

Lancashire

PR7 2QS

REGISTERED NUMBER:

03519457 (England and Wales)

ACCOUNTANTS:

BK Plus - Chorley

Chartered Certified Accountants

41 St Thomas's Road

Chorley

Lancashire

PR7 1JE

FIXED ASSETS

Tangible assets

4

179,946

208,255

Investments

5

216,047

212,577

Investment property

6

99,222

-

495,215

420,832

CURRENT ASSETS

Stocks

120,000

40,000

Debtors

7

110,050

226,971

Cash at bank

876,923

776,214

1,106,973

1,043,185

CREDITORS

Amounts falling due within one year

8

112,038

64,487

NET CURRENT ASSETS

994,935

978,698

TOTAL ASSETS LESS CURRENT LIABILITIES

1,490,150

1,399,530

PROVISIONS FOR LIABILITIES

44,393

45,629

NET ASSETS

1,445,757

1,353,901

CAPITAL AND RESERVES

Called up share capital

9

3

3

Retained earnings

1,445,754

1,353,898

SHAREHOLDERS' FUNDS

1,445,757

1,353,901

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 3rd September 2025 and were signed on its behalf by:

Mrs V A Desoer - Director

Mr M J Desoer - Director

Mr J Desoer - Director

1.	STATUTORY INFORMATION

Cowling Construction 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.

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Revenue is recognised when goods and services have been delivered to customers such that risks and rewards of ownership have transferred to them.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Impairment of assets

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carry amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Investment property

Investment properties are properties held to earn rentals, they are initially measured at cost, including transaction costs. Subsequently they are then measured at fair value on an open market basis. Deferred tax is provided on these movements. Gains and losses arising from changes in fair value are included in the Statement of Income and Retained Earnings in the period in which they arise.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments' of FRS 102 to all its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Fixed asset investment

The Investment Bond is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is shown through the profit and loss account.

Cash and cash equivalents

Cash and cash equivalents includes cash in hand, deposits held with banks, and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st April 2024

145,956

248,500

394,456

Additions

25,494

-

25,494

At 31st March 2025

171,450

248,500

419,950

DEPRECIATION

At 1st April 2024

95,891

90,310

186,201

Charge for year

14,256

39,547

53,803

At 31st March 2025

110,147

129,857

240,004

NET BOOK VALUE

At 31st March 2025

61,303

118,643

179,946

At 31st March 2024

50,065

158,190

208,255

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.3.25

31.3.24

£

£

Investment Bond

216,047

212,577

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

99,222

At 31st March 2025

99,222

NET BOOK VALUE

At 31st March 2025

99,222

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

95,237

10,141

Other debtors

532

200,983

Prepayments

14,281

15,847

110,050

226,971

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

20,576

24,271

Tax

50,696

16,530

Social security and other taxes

8,999

6,190

VAT

20,288

7,435

Other creditors

5,880

4,604

Directors' current accounts

732

992

Accrued expenses and deferred

income

4,867

4,465

112,038

64,487

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

3

Ordinary

1

3

3

10.	RELATED PARTY DISCLOSURES

At the 31 March 2025 the company owed its directors £732 (2024 £992). No interest has been charged to the company in respect of this loan and there is no formal repayment date for this loan.

11.	CONTROLLING PARTY

Throughout the current and previous year, Mr M & Mrs V Desoer, directors, have controlled the company by virtue of holding 66.67% of the issued ordinary share capital.