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Registration number: 12706514

Cockle Beach Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Cockle Beach Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Cockle Beach Ltd

Company Information

Directors | PG Seddon Mrs C Beavis

Registered office | Unit 4A Westpark 26 Chelston Wellington Somerset TA21 9AD

Accountants | M J Smith & Co Limited 11 Yeo Business Park Axehayes Farm Clyst St. Mary Exeter Devon EX5 1DP

Cockle Beach Ltd

(Registration number: 12706514)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
fixed assets |  |  |
Intangible assets | 6 | - | 250
tangible assets | 7 | 577,871 | 519,208
|  | 577,871 | 519,458
Current assets |  |  |
Debtors | 8 | - | 1
Cash at bank and in hand |  | 24,842 | 186
|  | 24,842 | 187
Creditors: Amounts falling due within one year | 9 | (626,923) | (519,855)
Net current liabilities |  | (602,081) | (519,668)
Net liabilities |  | (24,210) | (210)
capital and reserves |  |  |
Called up share capital |  | 100 | 100
Profit and loss account |  | (24,310) | (310)
Total equity |  | (24,210) | (210)

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 March 2026 and signed on its behalf by:

......................................... PG Seddon Director

Cockle Beach Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales .

The address of its registered office is:
Unit 4A Westpark 26
Chelston
Wellington
Somerset
TA21 9AD
United Kingdom

These financial statements were authorised for issue by the Board on 18 March 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Cockle Beach Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Cockle Beach Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 | Loss before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 322 | 430
Amortisation expense | 250 | 250

5 | Taxation on profits on ordinary activities

| Note | 2025 £ | 2024 £
Tax reconciliation |  |  |
|  | - | -

Cockle Beach Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

6 | Intangible assets

| Other intangible assets £ | Total £
Cost or valuation
At 1 July 2024 | 1,000 | 1,000
At 30 June 2025 | 1,000 | 1,000
Amortisation
At 1 July 2024 | 750 | 750
Amortisation charge | 250 | 250
At 30 June 2025 | 1,000 | 1,000
Carrying amount
At 30 June 2025 | - | -
At 30 June 2024 | 250 | 250

7 | Tangible assets

| Land and buildings £ | Other property, plant and equipment £ | Total £
Cost or valuation
At 1 July 2024 | 553,618 | 2,967 | 556,585
Additions | 249,145 | - | 249,145
Disposals | (225,860) | - | (225,860)
At 30 June 2025 | 576,903 | 2,967 | 579,870
Depreciation
At 1 July 2024 | - | 1,677 | 1,677
Charge for the year | - | 322 | 322
At 30 June 2025 | - | 1,999 | 1,999
Carrying amount
At 30 June 2025 | 576,903 | 968 | 577,871
At 30 June 2024 | 517,918 | 1,290 | 519,208

Included within the net book value of land and buildings above is £576,903 (2024 - £517,918) in respect of freehold land and buildings.

Cockle Beach Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

8 | Debtors

Current | 2025 £ | 2024 £
Other debtors | - | 1
| - | 1

9 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Bank loans and overdrafts | 10 | 50 | 50
Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | 622,000 | 515,000
Accruals and deferred income |  | 845 | 805
Other creditors |  | 4,000 | 4,000
Director's current account |  | 28 | -
|  | 626,923 | 519,855

10 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 50 | 50