Cohmor Investments Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—7

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going concern as the directors have no intention to liquidate the company or to cease trading. In assessing whether the going concern asumption is appropriate, the directors have taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorised for issue

2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	15% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	15% on reducing balance
Computer Equipment	33% on cost

2.5. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.

2.6. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.

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Cohmor Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

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 timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset 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 related 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost or Valuation
As at 1 March 2024	37,122	124,827	27,992	8,829	198,770
Additions	-	-	-	1,029	1,029

As at 28 February 2025	37,122	124,827	27,992	9,858	199,799

Depreciation
As at 1 March 2024	3,876	56,075	14,463	5,042	79,456
Provided during the period	4,987	17,188	2,029	2,167	26,371

As at 28 February 2025	8,863	73,263	16,492	7,209	105,827

Net Book Value
As at 28 February 2025	28,259	51,564	11,500	2,649	93,972

As at 1 March 2024	33,246	68,752	13,529	3,787	119,314

5. Investment Property

	2025
	£
Fair Value
As at 1 March 2024	1,425,880
Revaluations	136,120

As at 28 February 2025	1,562,000

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Cohmor Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

6. Investments

	Unlisted
	£
Cost
As at 1 March 2024	254,064
Additions	185

As at 28 February 2025	254,249

Provision
As at 1 March 2024	-

As at 28 February 2025	-

Net Book Value
As at 28 February 2025	254,249

As at 1 March 2024	254,064

Aire View Homes Limited

300 ordinary shares of £1 each representing 100% of the issued share capital

Imagine Homes Ltd

150 A ordinary shares of £1 each representing 50% of the issued share capital

Bentley Moore Property Ltd

150 A ordinary shares of £1 each representing 50% of the issued share capital

Calvert Homes (Cononley) Limited

5 ordinary shares of £1 each representing 2.5% of the issued share capital

CMW Homes Limted

33 ordinary shares of £1 each representing 33% of the issued share capital

Ashness Assured Limited

40,000 ordinary shares of £1 each representing 10.80% of the issued share capital

Ashness Properties Limited

10,000 ordinary shares of £1 each representing 9.99% of the issued share capital

Bentleys Estate Agents (Bingley) Ltd

35 A ordinary shares of £1 each, 100 D ordinary shares of £1 each and 50 B ordinary shares of £1 each representing 46.25% of the issued share capital

Bentleys Estate Agents Ltd

35 A ordinary shares of £1 each, 100 D ordinary shares of £1 each and 50 B ordinary shares of £1 each representing 46.25% of the issued share capital

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Cohmor Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	3,027	16
Other debtors	1,184	1,333

	4,211	1,349
Due after more than one year
Amounts owed by group undertakings	694,613	244,613

	698,824	245,962

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	59,100	8,111
Trade creditors	313	293
Amounts owed to group undertakings	300	300
Other creditors	353	-
Taxation and social security	1,391	-

	61,457	8,704

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	59,100
Bank loans	113,344	113,344
Other creditors	2,155,770	1,716,995

	2,269,114	1,889,439

10. Secured Creditors

Of the creditors the following amounts are secured.

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	59,100	67,211
Bank loans and overdrafts	113,344	113,344
Other Creditors	442,719	1,553

11. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	59,100	8,111
Later than one year and not later than five years	-	59,100

	59,100	67,211

	59,100	67,211

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Cohmor Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

12. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	110	110

13. Reserves

	Revaluation Reserve
	£
As at 1 March 2024	64,437
Transfer to profit and loss	110,257

As at 28 February 2025	174,694

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		93,972		119,314
Investment Properties	5		1,562,000		1,425,880
Investments	6		254,249		254,064

			1,910,221		1,799,258
CURRENT ASSETS
Debtors	7	698,824		245,962
Cash at bank and in hand		54,131		46,580

		752,955		292,542
Creditors: Amounts Falling Due Within One Year	8	(61,457 )		(8,704 )

NET CURRENT ASSETS (LIABILITIES)			691,498		283,838

TOTAL ASSETS LESS CURRENT LIABILITIES			2,601,719		2,083,096

Creditors: Amounts Falling Due After More Than One Year	9		(2,269,114 )		(1,889,439 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(54,824 )		(24,057 )

NET ASSETS			277,781		169,600

CAPITAL AND RESERVES
Called up share capital	12		110		110
Revaluation reserve	13		174,694		64,437
Income Statement			102,977		105,053

SHAREHOLDERS' FUNDS			277,781		169,600