Cozens International Ltd - Filleted accounts

Cozens International Ltd
Registered number:		06505805
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	64,413			66,187
Cash at bank and in hand		672			996
		65,085			67,183

Creditors: amounts falling due within one year	4	(26,631)			(23,334)

Net current assets			38,454			43,849

Total assets less current liabilities			38,454			43,849

Creditors: amounts falling due after more than one year	5		(1,078)			(6,244)



Net assets			37,376			37,605

Capital and reserves
Called up share capital			100			100
Profit and loss account			37,276			37,505

Shareholders' funds			37,376			37,605

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr S Cozens
Director
Approved by the board on 17 September 2025

Cozens International Ltd
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	1		1


3	Debtors	2025		2024
£			£

	Trade debtors	-		1,800
	Amounts owed by related party	62,800		62,800
	Other debtors	1,613		1,587
		64,413		66,187


4	Creditors: amounts falling due within one year	2025		2024
£			£

	Bank loans and overdrafts	4,685		4,000
	Corporation tax	171		1,585
	Other taxes and social security costs	69		-
	Other creditors	21,706		17,749
		26,631		23,334


5	Creditors: amounts falling due after one year	2025		2024
£			£

	Bank loans	1,078		6,244


6	Related party transactions

	Loan to related party The company has given an interest-free loan of £62,800 to Cozens Classic Cars Ltd. The loan is unsecured, interest-free, and repayable on demand. This loan is included within debtors. The related party is under common ownership. Amounts due to director Included within other creditors is an amount of £21,706 (2024: £17,749) owed to the director. The balance is unsecured, interest-free and repayable on demand.

7	Other information

	Cozens International Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	26 Alexandra Road
	Hedge End
	Southampton
	Hampshire
	SO30 0DP