REGISTERED NUMBER: NI047760 (Northern Ireland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

COX FOODMARKETS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Mr N Cox

Mrs S F Cox

SECRETARY:

Mrs S F Cox

REGISTERED OFFICE:

Broadfields 10 Topped Mountain Road

Cavanacross

Tempo

Enniskillen

Co. Fermanagh

BT94 3DD

REGISTERED NUMBER:

NI047760 (Northern Ireland)

ACCOUNTANTS:

Patton Rainey Stenson Limited

Chartered Accountants

6 East Bridge Street

Enniskillen

Co. Fermanagh

BT74 7BT

BANKERS:

Santander

Bridle Road

Bootle

FIXED ASSETS

Tangible assets

4

120,245

79,806

CURRENT ASSETS

Stocks

5

110,660

108,177

Debtors

6

183,916

183,872

Cash at bank and in hand

55,833

124,990

350,409

417,039

CREDITORS

Amounts falling due within one year

7

196,372

261,340

NET CURRENT ASSETS

154,037

155,699

TOTAL ASSETS LESS CURRENT LIABILITIES

274,282

235,505

CREDITORS

Amounts falling due after more than one year

8

(55,092

)

(29,647

)

PROVISIONS FOR LIABILITIES

10

(28,922

)

(18,562

)

NET ASSETS

190,268

187,296

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

190,266

187,294

SHAREHOLDERS' FUNDS

190,268

187,296

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 18 November 2025 and were signed on its behalf by:

Mr N Cox - Director

1.	STATUTORY INFORMATION

Cox Foodmarkets Ltd is a private company, limited by shares , registered in Northern Ireland. 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.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% 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.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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 34 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

393,570

29,120

422,690

Additions

11,930

47,970

59,900

Disposals

-

(29,120

)

(29,120

)

At 31 March 2025

405,500

47,970

453,470

DEPRECIATION

At 1 April 2024

318,946

23,938

342,884

Charge for year

12,983

1,296

14,279

Eliminated on disposal

-

(23,938

)

(23,938

)

At 31 March 2025

331,929

1,296

333,225

NET BOOK VALUE

At 31 March 2025

73,571

46,674

120,245

At 31 March 2024

74,624

5,182

79,806

5.

STOCKS

31.3.25

31.3.24

£

£

Stocks

110,660

108,177

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,216

1,172

Other debtors

-

182,700

Associate Company

182,700

-

183,916

183,872

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

6,207

6,207

Hire purchase contracts

4,969

-

Trade creditors

157,699

232,026

Tax

4,197

3,142

VAT

13,779

13,007

Accruals and deferred income

9,521

6,958

196,372

261,340

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

6,207

6,207

Bank loans - 2-5 years

18,070

23,440

Hire purchase contracts

30,815

-

55,092

29,647

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

30,484

35,854

Trade Creditors

59,466

70,561

89,950

106,415

The bank loans, overdraft, and certain trade creditors are secured by way of a fixed and floating charge on all the assets of the company and by way of personal guarantees provided by the directors.

10.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

28,922

18,562

Deferred

tax

£

Balance at 1 April 2024

18,562

Provided during year

10,360

Balance at 31 March 2025

28,922

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Patton Rainey Stenson Limited

Chartered Accountants

6 East Bridge Street

Enniskillen

Co. Fermanagh

BT74 7BT

18 November 2025