REGISTERED NUMBER: 12528921 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

COTTERILL DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Cotterill

REGISTERED OFFICE:

KC Autos Road Three

Winsford Industrial Estate

Winsford

Cheshire

CW7 3PD

REGISTERED NUMBER:

12528921 (England and Wales)

ACCOUNTANTS:

Michael Donnan & Co Limited

Oaktree Court Business Ctr

Mill Lane

Ness

Cheshire

CH64 8TP

FIXED ASSETS

Investments

4

700,001

1,750,001

Investment property

5

2,421,888

1,238,384

3,121,889

2,988,385

CURRENT ASSETS

Stocks

336,524

331,310

Debtors

6

2,159,355

2,347,217

Cash at bank

20,036

9,134

2,515,915

2,687,661

CREDITORS

Amounts falling due within one year

7

5,322,773

5,523,518

NET CURRENT LIABILITIES

(2,806,858

)

(2,835,857

)

TOTAL ASSETS LESS CURRENT LIABILITIES

315,031

152,528

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

315,029

152,526

SHAREHOLDERS' FUNDS

315,031

152,528

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 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 31 December 2025 and were signed by:

D Cotterill - Director

1.	STATUTORY INFORMATION

Cotterill Developments 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 (£).

Transactions are rounded to the nearest £

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

31/3/25

31/3/24

£

£

Shares in group undertakings

1

1

Loans to undertakings in which the company has a participating interest

700,000

1,750,000

700,001

1,750,001

Additional information is as follows:

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

Loans to

associates

£

At 1 April 2024

1,750,000

Repayment in year

(1,050,000

)

At 31 March 2025

700,000

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

1,238,384

Additions

1,183,504

At 31 March 2025

2,421,888

NET BOOK VALUE

At 31 March 2025

2,421,888

At 31 March 2024

1,238,384

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

27,577

18,087

Amounts owed by group undertakings

2,107,156

2,271,517

Other debtors

23,813

56,901

Prepayments and accrued income

809

712

2,159,355

2,347,217

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

3,401

479

Tax

42,162

39,644

Other creditors

2,950,000

5,480,000

Directors' current accounts

2,323,139

-

Accrued expenses

4,071

3,395

5,322,773

5,523,518

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

£

2

Ordinary

1

2

2

9.

RESERVES

Retained

earnings

£

At 1 April 2024

152,526

Profit for the year

162,503

At 31 March 2025

315,029

10.	RELATED PARTY DISCLOSURES

Cotterill Construction Ltd is a wholly owned subsidiary

As at 31 March 2025 the company has made interest free advances to Cotterill Construction Ltd amounting to £2,107,156 (2024- £2,271,517) which are repayable on demand.

PurpleSquare2022 Ltd in which the company has a 40% participating interest

As at 31 March 2025 the company has made advances to PurpleSquare2022 Ltd amounting to £700,000 (2024 - £1,750,000) on which interest is chargeable at 5% per annum.

KC Autos Group Limited which is owned by the father of the company's director/shareholder

As at 31 March 2025 the company has received interest free advances amounting to £2,950,000 (2024 - £5,480,000) from KC Autos Group Limited which are repayable on demand.

David Cotterill is the company's director and shareholder

As at 31 March 2025 the director has provided an interest free loan of £2,323,139 which is repayable on demand.