COCHRANE PARK WINES LTD

COCHRANE PARK WINES LTD
Contents Page
For the year ended 31 May 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

COCHRANE PARK WINES LTD Accountants' Report For the year ended 31 May 2025
Report to the directors on the preparation of the unaudited statutory accounts of COCHRANE PARK WINES LTD for the year ended 31 May 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of COCHRANE PARK WINES LTD for the year ended 31 May 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given to us. As a practising member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://www.ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations. This report is made solely to the Board of Directors of COCHRANE PARK WINES LTD, as a body, in accordance with the terms of our engagement letter dated 26 May 2026. Our work has been undertaken solely to prepare for your approval the accounts of COCHRANE PARK WINES LTD and state those matters that we have agreed to state to the Board of Directors of COCHRANE PARK WINES LTD, as a body, in this report.To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than COCHRANE PARK WINES LTD and its Board of Directors as a body for our work or for this report. It is your duty to ensure that COCHRANE PARK WINES LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of COCHRANE PARK WINES LTD.You consider that COCHRANE PARK WINES LTD is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit of the accounts of COCHRANE PARK WINES LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements 31 May 2025. .................................................... Account Links Unit 32, i8 Newcastle Enterprise Centre Lynnwood Terrace Newcastle Upon Tyne NE4 6UL 26 May 2026 1

COCHRANE PARK WINES LTD
Accountants' Report
For the year ended 31 May 2025

Report to the directors on the preparation of the unaudited statutory accounts of COCHRANE PARK WINES LTD for the year ended 31 May 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of COCHRANE PARK WINES LTD for the year ended 31 May 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://www.ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.

This report is made solely to the Board of Directors of COCHRANE PARK WINES LTD, as a body, in accordance with the terms of our engagement letter dated 26 May 2026. Our work has been undertaken solely to prepare for your approval the accounts of COCHRANE PARK WINES LTD and state those matters that we have agreed to state to the Board of Directors of COCHRANE PARK WINES LTD, as a body, in this report.To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than COCHRANE PARK WINES LTD and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that COCHRANE PARK WINES LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of COCHRANE PARK WINES LTD.You consider that COCHRANE PARK WINES LTD is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of COCHRANE PARK WINES LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements 31 May 2025.

....................................................
Account Links
Unit 32, i8 Newcastle Enterprise Centre
Lynnwood Terrace
Newcastle Upon Tyne
NE4 6UL
26 May 2026

1

COCHRANE PARK WINES LTD
Statement of Financial Position
As at 31 May 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	30,001	38,800
Tangible fixed assets	4	102,843	103,308
		132,844	142,108
Current assets
Stocks		190,500	187,250
Debtors		365,086	337,374
Cash at bank and in hand		103,718	82,596
		659,304	607,220
Creditors: amount falling due within one year		(485,598)	(444,038)
Net current assets		173,706	163,182

Total assets less current liabilities		306,550	305,290
Creditors: amount falling due after more than one year		(25,303)	(31,229)
Net assets		281,247	274,061

Capital and reserves
Called up share capital	5	100	100
Profit and loss account		281,147	273,961
Shareholders' funds		281,247	274,061

For the year ended 31 May 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 26 May 2026 and were signed on its behalf by:

-------------------------------
Shabeeir Mohammed
Director

2

COCHRANE PARK WINES LTD
Notes to the Abridged Financial Statements
For the year ended 31 May 2025

General Information

COCHRANE PARK WINES LTD is a private company, limited by shares, registered in England and Wales, registration number 06587142, registration address Unit 32, i8 Enterprise, Lynnwood Terrace, Newcastle upon Tyne, TYNE & WEAR, NE4 6UL. The trading address of the company is Premier Express, 90 Shields Road Byker NE6 1DP, Premier Express, 6 Reh Hall Drive NE7 7LH, Your Local Store, Front Street, Durham DH7 6LE, Lifestyle Express, 196 Shield Road Byker NE7 7LH.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	25 Reducing Balance
Fixtures and Fittings	15 Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 7 (2024 : 7).

3.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 June 2024	179,500	179,500
Additions	-	-
Disposals	-	-
At 31 May 2025	179,500	179,500
Amortisation
At 01 June 2024	140,700	140,700
Charge for year	8,799	8,799
On disposals	-	-
At 31 May 2025	149,499	149,499
Net book values
At 31 May 2025	30,001	30,001
At 31 May 2024	38,800	38,800

4.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Investment properties	Total
	£	£	£	£
At 01 June 2024	71,827	28,801	60,000	160,628
Additions	14,000	-	-	14,000
Disposals	-	-	-	-
At 31 May 2025	85,827	28,801	60,000	174,628
Depreciation
At 01 June 2024	30,487	26,833	-	57,320
Charge for year	14,465	-	-	14,465
On disposals	-	-	-	-
At 31 May 2025	44,952	26,833	-	71,785
Net book values
Closing balance as at 31 May 2025	40,875	1,968	60,000	102,843
Opening balance as at 01 June 2024	41,340	1,968	60,000	103,308

5.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

3

Registered Number: 06587142
England and Wales
COCHRANE PARK WINES LTD

Abridged Accounts

Period of accounts Start date: 01 June 2024 End date: 31 May 2025