Registration number: 08457264

Cogges Heritage Enterprises Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

Cogges Heritage Enterprises Limited

(Registration number: 08457264)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	13,251	17,668
Current assets
Stocks		4,968	3,841
Debtors	5	7,651	1,567
Cash at bank and in hand		12,510	36,152
		25,129	41,560
Creditors: Amounts falling due within one year	6	(61,185)	(71,543)
Net current liabilities		(36,056)	(29,983)
Total assets less current liabilities		(22,805)	(12,315)
Creditors: Amounts falling due after more than one year	6	(10,592)	(9,767)
Net liabilities		(33,397)	(22,082)
Capital and reserves
Called up share capital	7	10,000	10,000
Retained earnings		(43,397)	(32,082)
Shareholders' deficit		(33,397)	(22,082)

For the financial year ending 31 December 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.

Cogges Heritage Enterprises Limited

(Registration number: 08457264)
Balance Sheet as at 31 December 2025

Approved and authorised by the Board on 28 April 2026 and signed on its behalf by:
 

......................................... R D Bradley Director

Cogges Heritage Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 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:
Cogges Manor Farm
Church Lane
Witney
Oxfordshire
OX28 3LA

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

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Going concern

The company relies upon the continued financial support of its parent, Cogges Heritage Trust, to continue as a going concern. At the time of approving these financial statements, the directors have reasonable expectation that this support will continue from the parent. Based on this, the company has adequate resources to continue in operational existence for the future and the directors continue to adopt the going concern basis of accounting in preparing these financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business and is shown net of VAT.

Revenue from cafe sales is recognised at point of sale.

Revenue from contracts for the provision of weddings and other events is recognised when the event takes place.

Cogges Heritage Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible.The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

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.

Depreciation

Depreciation is charged so as to write off the cost of assets as follows:

Asset class	Depreciation method and rate
Plant and equipment	25% reducing balance

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 goods sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at cost 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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Cogges Heritage Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

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 at the transaction price.

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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 17 (2024 - 17).

Cogges Heritage Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Plant and equipment £
Cost or valuation
At 1 January 2025	51,444
At 31 December 2025	51,444
Depreciation
At 1 January 2025	33,776
Charge for the year	4,417
At 31 December 2025	38,193
Carrying amount
At 31 December 2025	13,251
At 31 December 2024	17,668

5

Debtors

	2025 £	2024 £
Trade debtors	2,865	900
Other debtors	4,786	667
	7,651	1,567

Cogges Heritage Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	4,167	10,000
Trade creditors		1,738	4,768
Amounts owed to group undertakings		6,820	12,482
Taxation and social security		23,911	31,055
Accruals and deferred income		24,549	13,238
		61,185	71,543

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	-	4,167
Other creditors		10,592	5,600
		10,592	9,767

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	10,000	10,000	10,000	10,000

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	4,167

Cogges Heritage Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	4,167	10,000

9	Financial commitments

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	-	298
	-	298