Accounts



















	G COX (OLDBURY) LIMITED



	UNAUDITED FINANCIAL STATEMENTS


	FOR THE YEAR ENDED 31 DECEMBER 2024

	G COX (OLDBURY) LIMITED
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024


	DIRECTORS

	J M Cox
	J S Cox


	SECRETARY

	J M Cox

	REGISTERED OFFICE

	78 Birmingham Street Oldbury West Midlands B69 4EB


	COMPANY REGISTERED NUMBER

	01082405


	BANKERS

	National Westminster Bank Dudley Branch Dudley West Midlands


	ACCOUNTANTS

	Lyness Accountancy Practice Limited
	Chartered Certified Accountants
	78 Birmingham Street Oldbury West Midlands B69 4EB

	page 1

	G COX (OLDBURY) LIMITED
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024


	CONTENTS

	Pages


	3-4	Statement of Financial Position


	5-7	Notes to the Financial Statements

	page 2

G COX (OLDBURY) LIMITED
Company registered number: 01082405
STATEMENT OF FINANCIAL POSITION AT 31 December 2024

	Note	2024		2023
		£	£	£
FIXED ASSETS
Property, plant and equipment	3		64,757	70,401
CURRENT ASSETS
Inventories		4,830		5,386
Debtors	4	693,520		494,939
Cash at bank and in hand		201,157		143,079
		899,507		643,404
CREDITORS: Amounts falling due within one year	5	668,376		596,236
NET CURRENT ASSETS			231,131	47,168
TOTAL ASSETS LESS CURRENT LIABILITIES			295,888	117,569

PROVISIONS FOR LIABILITIES			(12,304)	(13,376)
NET ASSETS			£283,584	£104,193

CAPITAL AND RESERVES
Called up share capital			5,000	5,000
Retained earnings			278,584	99,193
SHAREHOLDERS' FUNDS			£283,584	£104,193

	The notes on pages 5-7 form part of these financial statements

	page 3

G COX (OLDBURY) LIMITED
Company registered number: 01082405
STATEMENT OF FINANCIAL POSITION AT 31 December 2024 (CONT.)

	Note	2024		2023
		£	£	£



	In approving these financial statements as directors of the company we hereby confirm the following:

	For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

	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 directors acknowledge their responsibilities for: 1) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.


	These financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies

	In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

	The financial statements were approved and authorised for issue by the board of directors on 29 September 2025

	Signed on behalf of the board of directors



	J S Cox, Director

	The notes on pages 5-7 form part of these financial statements

	page 4

	G COX (OLDBURY) LIMITED
	NOTES TO THE ACCOUNTS
	FOR THE YEAR ENDED 31 DECEMBER 2024



1.	SIGNIFICANT ACCOUNTING POLICIES


1a.	Statement of compliance

	G Cox (Oldbury) Limited, company number 01082405, is a private limited company incorporated in England & Wales.

	Registered office:
	78 Birmingham Street Oldbury West Midlands B69 4EB

1b.	Basis of accounting

	These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
	The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.


1c.	Revenue recognition

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


1d.	Taxation

	Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. The measurement of deferred tax liabilities and assets reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.


1e.	Property, plant and equipment

	Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

	Plant and machinery	Reducing balance 25%
	Vehicles	Reducing balance 25%
	Fixtures and fittings	Reducing balance 15%
	Equipment	Reducing balance 8%

	The notes on pages 5-7 form part of these financial statements

	page 5

	G COX (OLDBURY) LIMITED
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 DECEMBER 2024



1.	SIGNIFICANT ACCOUNTING POLICIES (CONT.)


1f.	Inventories

	Stocks are stated at the lower of cost and net realisable value. Cost includes all costs incurred in bringing each product to its present location and condition.


1g.	Short term debtors and creditors

	Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.



2.	DIRECTORS AND EMPLOYEES

	The average weekly number of employees during the year were as follows:
		2024	2023
		No.	No.
	Management and administration	8	8
	Production and sales	18	17
		26	25


3.	PROPERTY, PLANT AND EQUIPMENT
		Plant &	Fixtures &
		Machinery	Equipment	Total
		£	£	£
	Cost

	At 1 January 2024	69,823	454,537	524,360

	At 31 December 2024	69,823	454,537	524,360

	Depreciation

	At 1 January 2024	69,706	384,253	453,959
	For the year	21	5,623	5,644
	At 31 December 2024	69,727	389,876	459,603

	Net Book Amounts

	At 31 December 2024	96	64,661	64,757
	At 31 December 2023	117	70,284	70,401

	The notes on pages 5-7 form part of these financial statements

	page 6

	G COX (OLDBURY) LIMITED
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 DECEMBER 2024



4.	DEBTORS	2024	2023
		£	£
	Trade debtors	470,211	356,824
	Amounts owed by rel companies	124,924	84,095
	Other debtors	98,385	54,020
		£693,520	£494,939



5.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2024	2023
		£	£
	Trade creditors	397,660	326,106
	Corporation tax	61,321	18,546
	Other taxes and social security	80,409	73,640
	Other creditors	112,683	149,561
	Accruals and deferred income	16,303	28,383
		£668,376	£596,236

	The notes on pages 5-7 form part of these financial statements

	page 7