REGISTERED NUMBER: 12590813 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

COSY COLIVING LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

G Swingler

REGISTERED OFFICE:

1 High Street

Thatcham

Berks

RG19 3JG

REGISTERED NUMBER:

12590813 (England and Wales)

ACCOUNTANTS:

C B Heslop & Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

FIXED ASSETS

Tangible assets

4

1,899

2,374

Investment property

5

375,000

375,000

376,899

377,374

CURRENT ASSETS

Debtors

6

855

855

Cash at bank

4,560

519

5,415

1,374

CREDITORS

Amounts falling due within one year

7

29,735

46,100

NET CURRENT LIABILITIES

(24,320

)

(44,726

)

TOTAL ASSETS LESS CURRENT LIABILITIES

352,579

332,648

CREDITORS

Amounts falling due after more than one year

8

(303,581

)

(303,581

)

PROVISIONS FOR LIABILITIES

(2,004

)

(1,928

)

NET ASSETS

46,994

27,139

CAPITAL AND RESERVES

Called up share capital

10

10

Fair value reserve

10

5,743

5,878

Retained earnings

41,241

21,251

46,994

27,139

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 14 November 2025 and were signed by:

G Swingler - Director

1.	STATUTORY INFORMATION

Cosy Coliving 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 as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 June 2024

and 31 May 2025

3,709

DEPRECIATION

At 1 June 2024

1,335

Charge for year

475

At 31 May 2025

1,810

NET BOOK VALUE

At 31 May 2025

1,899

At 31 May 2024

2,374

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

and 31 May 2025

375,000

NET BOOK VALUE

At 31 May 2025

375,000

At 31 May 2024

375,000

Fair value at 31 May 2025 is represented by:

£

Valuation in 2023

31,533

Cost

343,467

375,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Amounts owed by group undertakings

855

855

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Taxation and social security

5,656

3,742

Other creditors

24,079

42,358

29,735

46,100

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

79,000

79,000

Other creditors

224,581

224,581

303,581

303,581

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans > 5 yrs non-inst

79,000

79,000

Repayable by instalments

Other loans more 5yrs instal

224,581

224,581

Other loans £79,000 is repayable after the expiry of the 10 year term, repayable May 2031.

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.25

31.5.24

£

£

Bank loans

224,581

224,581

The company has an agreed fixed charge on the investment property.

10.

RESERVES

Fair

value

reserve

£

At 1 June 2024

5,878

Gains/(losses) on revaluation

(135

)

At 31 May 2025

5,743

11.	CONTINGENT LIABILITIES

There were no contingent liabilities at the balance sheet date or at 31st May 2024.

12.	RELATED PARTY DISCLOSURES

At the balance sheet date £855 (2024 : £855) was due from Flying Iron Co Ltd, a related party.

13.	ULTIMATE CONTROLLING PARTY

The controlling party is G Swingler.