Cotswold Home Improvement (Products) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07685363 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Cotswold Home Improvement (Products) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K G White

Mrs T N Colbourne-White

REGISTERED OFFICE:

Unit 1

Green Lane

Tewkesbury

Gloucestershire

GL20 8HD

REGISTERED NUMBER:

07685363 (England and Wales)

ACCOUNTANTS:

Francis & Co

Second Floor

123 Promenade

Cheltenham

Gloucestershire

GL50 1NW

FIXED ASSETS

Tangible assets

4

122,074

154,860

CURRENT ASSETS

Stocks

92,945

66,815

Debtors

5

1,625,884

1,194,936

Cash at bank

127,963

73,063

1,846,792

1,334,814

CREDITORS

Amounts falling due within one year

6

353,346

289,063

NET CURRENT ASSETS

1,493,446

1,045,751

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,615,520

1,200,611

CREDITORS

Amounts falling due after more than one
year

7

631,978

341,366

NET ASSETS

983,542

859,245

CAPITAL AND RESERVES

Called up share capital

500

Retained earnings

983,042

858,745

SHAREHOLDERS' FUNDS

983,542

859,245

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 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 23 September 2025 and were signed on its behalf by:

Mr K G White - Director

1.	STATUTORY INFORMATION

Cotswold Home Improvement (Products) 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.

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

-

25% on reducing balance and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 4 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

185,712

DEPRECIATION

At 1 January 2024

30,852

Charge for year

32,786

At 31 December 2024

63,638

NET BOOK VALUE

At 31 December 2024

122,074

At 31 December 2023

154,860

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

1,608,963

1,181,393

Other debtors

16,921

13,543

1,625,884

1,194,936

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

10,000

Hire purchase contracts

9,345

Trade creditors

170,672

127,027

Taxation and social security

113,730

79,490

Other creditors

49,599

63,201

353,346

289,063

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Bank loans

4,791

14,930

Hire purchase contracts

44,629

53,974

Other creditors

582,558

272,462

631,978

341,366