REGISTERED NUMBER: 01864616 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

B. COOKSON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Cookson

B Cookson Jnr

J W Cookson

Mrs N Z Morley

SECRETARY:

B Cookson Jnr

REGISTERED OFFICE:

Caxton Road

Fulwood

Preston

Lancashire

PR2 9ZB

REGISTERED NUMBER:

01864616 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Intangible assets

4

5,000

10,000

Tangible assets

5

1,893,258

1,910,679

1,898,258

1,920,679

CURRENT ASSETS

Stocks

6

93,630

103,307

Debtors

7

1,630,419

2,120,800

Cash at bank and in hand

536,959

259,870

2,261,008

2,483,977

CREDITORS

Amounts falling due within one year

8

1,673,599

2,122,882

NET CURRENT ASSETS

587,409

361,095

TOTAL ASSETS LESS CURRENT LIABILITIES

2,485,667

2,281,774

CREDITORS

Amounts falling due after more than one year

9

(177,923

)

(91,224

)

PROVISIONS FOR LIABILITIES

(81,502

)

(81,502

)

NET ASSETS

2,226,242

2,109,048

CAPITAL AND RESERVES

Called up share capital

20,001

20,001

Revaluation reserve

12

690,253

690,253

Retained earnings

1,515,988

1,398,794

2,226,242

2,109,048

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 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 5 December 2025 and were signed on its behalf by:

B Cookson Jnr - Director

C Cookson - Director

1.	STATUTORY INFORMATION

B. Cookson Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The principal trading address of the company is considered to be the same address as the Registered Office.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

not provided

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

33% on cost and 25% 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 25 (2024 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

25,000

AMORTISATION

At 1 June 2024

15,000

Charge for year

5,000

At 31 May 2025

20,000

NET BOOK VALUE

At 31 May 2025

5,000

At 31 May 2024

10,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST OR VALUATION

At 1 June 2024

1,500,000

165,240

137,561

932,974

2,735,775

Additions

-

23,716

6,295

65,900

95,911

Disposals

-

-

-

(24,630

)

(24,630

)

At 31 May 2025

1,500,000

188,956

143,856

974,244

2,807,056

DEPRECIATION

At 1 June 2024

-

104,493

102,946

617,657

825,096

Charge for year

-

17,275

9,499

82,897

109,671

Eliminated on disposal

-

-

-

(20,969

)

(20,969

)

At 31 May 2025

-

121,768

112,445

679,585

913,798

NET BOOK VALUE

At 31 May 2025

1,500,000

67,188

31,411

294,659

1,893,258

At 31 May 2024

1,500,000

60,747

34,615

315,317

1,910,679

Cost or valuation at 31 May 2025 is represented by:

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

Valuation in 2009

140,254

-

-

-

140,254

Valuation in 2018

550,000

-

-

-

550,000

Cost

809,746

188,956

143,856

974,244

2,116,802

1,500,000

188,956

143,856

974,244

2,807,056

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST OR VALUATION

At 1 June 2024

330,968

Additions

59,950

At 31 May 2025

390,918

DEPRECIATION

At 1 June 2024

182,946

Charge for year

53,381

At 31 May 2025

236,327

NET BOOK VALUE

At 31 May 2025

154,591

At 31 May 2024

148,022

6.

STOCKS

31/5/25

31/5/24

£

£

Stocks

93,630

103,307

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/25

31/5/24

£

£

Trade debtors

1,061,982

1,180,423

Other debtors

8,840

569,307

Amounts due from group

undertakings

533,864

315,555

VAT

9,224

22,223

Prepayments

16,509

33,292

1,630,419

2,120,800

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/25

31/5/24

£

£

Bank loans and overdrafts (see note 10)

24,949

146,805

Hire purchase contracts (see note 11)

67,935

56,795

Trade creditors

1,352,169

1,598,261

Corporation tax

51,687

138,480

Social security and other taxes

57,420

50,140

Other creditors

14,789

14,299

Accruals and deferred income

-

7,160

Accrued expenses

104,650

110,942

1,673,599

2,122,882

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/5/25

31/5/24

£

£

Bank loans (see note 10)

102,286

-

Hire purchase contracts (see note 11)

75,637

91,224

177,923

91,224

10.

LOANS

An analysis of the maturity of loans is given below:

31/5/25

31/5/24

£

£

Amounts falling due within one year or on demand:

Bank loan

24,949

146,805

Amounts falling due between one and two years:

Bank loans - 1-2 years

26,735

-

31/5/25

31/5/24

£

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

75,551

-

11.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31/5/25

31/5/24

£

£

Net obligations repayable:

Within one year

67,935

56,795

Between one and five years

75,637

91,224

143,572

148,019

Non-cancellable

operating leases

31/5/25

31/5/24

£

£

Within one year

37,754

-

Between one and five years

66,070

-

103,824

-

12.

RESERVES

Revaluation

reserve

£

At 1 June 2024

and 31 May 2025

690,253