Cockle Finance Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11249493

Cockle Finance Limited

Filleted Unaudited Financial Statements

30 November 2025

Cockle Finance Limited

Financial Statements

Year ended 30 November 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Cockle Finance Limited

Statement of Financial Position

30 November 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		2,203		1,919

Current assets

Debtors	6	222,341	188,678
Cash at bank and in hand		96,187	20,046
		---------	---------
		318,528	208,724

Creditors: amounts falling due within one year	7	105,572		57,256
		---------		---------
Net current assets			212,956		151,468
			---------		---------
Total assets less current liabilities			215,159		153,387

Creditors: amounts falling due after more than one year	8	17,681	28,086
		---------	---------
Net assets		197,478	125,301
		---------	---------

Capital and reserves

Called up share capital	9	200	200
Profit and loss account		197,278	125,101
		---------	---------
Shareholders funds		197,478	125,301
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 November 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Cockle Finance Limited

Statement of Financial Position (continued)

30 November 2025

These financial statements were approved by the board of directors and authorised for issue on 30 April 2026 , and are signed on behalf of the board by:

S J Cockle	J Cockle
Director	Director

D R Cockle	L T C Cockle
Director	Director

Company registration number: 11249493

Cockle Finance Limited

Notes to the Financial Statements

Year ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Office equipment	-	25% reducing balance

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 8 (2024: 7 ).

5. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 December 2024	4,918	4,918
Additions	859	859
	-------	-------
At 30 November 2025	5,777	5,777
	-------	-------
Depreciation
At 1 December 2024	2,999	2,999
Charge for the year	575	575
	-------	-------
At 30 November 2025	3,574	3,574
	-------	-------
Carrying amount
At 30 November 2025	2,203	2,203
	-------	-------
At 30 November 2024	1,919	1,919
	-------	-------

6. Debtors

	2025	2024
	£	£
Trade debtors	210,175	186,151
Prepayments and accrued income	10,766	1,127
Other debtors	1,400	1,400
	---------	---------
	222,341	188,678
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,084	11,085
Accruals and deferred income	25,539	5,764
Corporation tax	61,374	32,107
Social security and other taxes	6,070	2,861
Director loan accounts	862	5,007
Other creditors	1,643	432
	---------	--------
	105,572	57,256
	---------	--------

Included within bank loans and overdrafts is an amount of £10,084 (2024: £11,085) which is secured by a personal guarantee from the directors.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	17,681	28,086
	--------	--------

Included within bank loans and overdrafts is an amount of £17,681 (2024: £28,086) which is secured by a personal guarantee from the directors.

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 1 each	180	180	180	180
Ordinary C shares of £ 1 each	10	10	10	10
Ordinary D shares of £ 1 each	10	10	10	10
	----	----	----	----
	200	200	200	200
	----	----	----	----

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	–	840
	----	----

11. Directors' advances, credits and guarantees

At the year end, the company owed the Directors £862 (2024 £5,006) by way of a directors loan account.