REGISTERED NUMBER: 04823525 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Codarin Associates Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J Codarin

P D Codarin

SECRETARY:

Mrs J Codarin

REGISTERED OFFICE:

Blue House Farm Office

Brentwood Road

West Horndon

Essex

CM13 3LX

REGISTERED NUMBER:

04823525 (England and Wales)

ACCOUNTANTS:

The Randall's Partnership Ltd

Chartered Accountants

Blue House Farm Office

Brentwood Road

West Horndon

Essex

CM13 3LX

FIXED ASSETS

Tangible assets

4

867,736

867,736

CURRENT ASSETS

Cash at bank

5,180

5,133

CREDITORS

Amounts falling due within one year

5

48,751

48,751

NET CURRENT LIABILITIES

(43,571

)

(43,618

)

TOTAL ASSETS LESS CURRENT LIABILITIES

824,165

824,118

CREDITORS

Amounts falling due after more than one year

6

755,572

755,572

NET ASSETS

68,593

68,546

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

68,591

68,544

SHAREHOLDERS' FUNDS

68,593

68,546

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 28 December 2025 and were signed on its behalf by:

Mrs J Codarin - Director

1.	STATUTORY INFORMATION

Codarin Associates 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 represents the value of sales to customers, net of discounts, allowances, volume and promotional rebates and other payments to customers and excludes VAT. Sale of goods are recognised when the company has delivered product to the customer, the customer has accepted the products and collectability of the related receivable is reasonably assured.

Tangible fixed assets

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

property

property

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

822,567

45,169

867,736

NET BOOK VALUE

At 31 March 2025

822,567

45,169

867,736

At 31 March 2024

822,567

45,169

867,736

The investment properties were acquired at cost at various dates. The Directors consider these values to be appropriate at the balance sheet date. The Directors have not arranged for a professional valuation.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Tax

11,544

11,544

Directors' current accounts

34,437

34,437

Accrued expenses

2,770

2,770

48,751

48,751

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Mortgages

755,572

755,572

7.	ULTIMATE CONTROLLING PARTY

There was no overall controlling party during this year or the previous year.