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Registration number: 13862050

Bernwood Cosec Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 January 2026

Bernwood Cosec Limited

Contents

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

Bernwood Cosec Limited

Company Information

Director | Simon Maynard

Registered office | Oakfield Lodge Main Street Grendon Underwood Aylesbury HP18 0SL

Accountants | Charter Tax Consulting Limited 8th Floor 1 Southampton Street London WC2R 0LR

Bernwood Cosec Limited

(Registration number: 13862050)
Balance Sheet as at 31 January 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 5 | 2,051 | 2,437
Current assets |  |  |
Debtors | 6 | 35,365 | 34,113
Cash at bank and in hand |  | 223,325 | 168,071
|  | 258,690 | 202,184
Creditors: Amounts falling due within one year | 7 | (62,441) | (54,606)
Net current assets |  | 196,249 | 147,578
Net assets |  | 198,300 | 150,015
Capital and reserves |  |  |
Called up share capital | 8 | 16 | 10
Retained earnings |  | 198,284 | 150,005
Shareholders' funds |  | 198,300 | 150,015

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 10 July 2026

Simon Maynard Director

Bernwood Cosec Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Oakfield Lodge
Main Street
Grendon Underwood
Aylesbury
HP18 0SL

These financial statements were authorised for issue by the director on 10 July 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

The financial statements have been prepared on a going concern basis.

Prior period reclassification

Interest received of £3,369 has been reclassified from Turnover to Other interest receivable and similar income in the profit and loss account for the prior period. The change has been made to align the financial statements with presentation guidelines.
The above reclassification results in a £3,369 increase in gross profit and operating profit but has no effect on profit before tax for the period.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax.
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.

Bernwood Cosec Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

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, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Computer equipment | Straight Line 25%
Furniture and fittings | Straight Line 25%

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 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.

Bernwood Cosec Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

4 | Profit before tax

Arrived at after charging/(crediting)

| 2026 £ | 2025 £
Depreciation expense | 960 | 828

Bernwood Cosec Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

5 | Tangible assets

| Furniture, fittings and equipment £ | Computer Equipment £ | Total £
Cost or valuation
At 1 February 2025 | 341 | 3,308 | 3,649
Additions | - | 574 | 574
At 31 January 2026 | 341 | 3,882 | 4,223
Depreciation
At 1 February 2025 | 161 | 1,051 | 1,212
Charge for the year | 85 | 875 | 960
At 31 January 2026 | 246 | 1,926 | 2,172
Carrying amount
At 31 January 2026 | 95 | 1,956 | 2,051
At 31 January 2025 | 180 | 2,257 | 2,437

6 | Debtors

| 2026 £ | 2025 £
Trade debtors | 26,526 | 33,083
Prepayments | 5,546 | 550
Other debtors | 3,293 | 480
| 35,365 | 34,113

Bernwood Cosec Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

7 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Trade creditors | 59 | 515
Taxation and social security | 59,099 | 50,712
Accruals and deferred income | 1,925 | 2,713
Other creditors | 1,358 | 666
| 62,441 | 54,606

8 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary shares of £1 each | 16 | 16 | 10 | 10

9 | Dividends

Interim dividends paid

|  | 2026 £ |  | 2025 £
Interim dividend of 5,000.00 (2025 - 7,150.00) per each Ordinary Share |  | 80,000 |  | 71,500