1 August 2024 false No description of principal activity Taxfiler 2024.6 08841731 business:PrivateLimitedCompanyLtd 2024-08-01 2026-01-31 08841731 2024-07-31 08841731 2024-08-01 2026-01-31 08841731 business:AuditExempt-NoAccountantsReport 2024-08-01 2026-01-31 08841731 business:AbridgedAccounts 2024-08-01 2026-01-31 08841731 2026-01-31 08841731 business:Director2 2024-08-01 2026-01-31 08841731 business:RegisteredOffice 2024-08-01 2026-01-31 08841731 2024-07-31 08841731 core:WithinOneYear 2026-01-31 08841731 core:WithinOneYear 2024-07-31 08841731 core:AfterOneYear 2026-01-31 08841731 core:AfterOneYear 2024-07-31 08841731 core:ShareCapital core:PreviouslyStatedAmount 2026-01-31 08841731 core:ShareCapital core:PreviouslyStatedAmount 2024-07-31 08841731 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2026-01-31 08841731 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-07-31 08841731 core:PreviouslyStatedAmount 2026-01-31 08841731 core:PreviouslyStatedAmount 2024-07-31 08841731 business:SmallEntities 2024-08-01 2026-01-31 08841731 countries:EnglandWales 2024-08-01 2026-01-31 08841731 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 08841731 (England and Wales)
Cosro Group Limited Unaudited accounts for the period from 1 August 2024 to 31 January 2026
Cosro Group Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Cosro Group Limited Company Information for the period from 1 August 2024 to 31 January 2026
Director
Dennis Daniel TITU
Company Number
08841731 (England and Wales)
Registered Office
Unit 1e Barking Business Centre Thames Road Barking IG11 0JP United Kingdom
Accountants
W Advisory Legacy Business Centre 315, 2A Ruckholt Road London E10 5NP
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Cosro Group Limited Statement of financial position as at 31 January 2026
2026
2024
Notes
£
£
Fixed assets
Tangible assets
4
416,012
238,798
Current assets
Debtors
286,096
312,909
Cash at bank and in hand
542,845
329,835
828,941
642,744
Creditors: amounts falling due within one year
(738,113)
(511,076)
Net current assets
90,828
131,668
Total assets less current liabilities
506,840
370,466
Creditors: amounts falling due after more than one year
(137,004)
(65,307)
Provisions for liabilities
Deferred tax
(51,818)
(51,818)
Net assets
318,018
253,341
Capital and reserves
Called up share capital
100
100
Profit and loss account
317,918
253,241
Shareholders' funds
318,018
253,341
For the period ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 June 2026 and were signed on its behalf by
Dennis Daniel TITU Director Company Registration No. 08841731
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Cosro Group Limited Notes to the Accounts for the period from 1 August 2024 to 31 January 2026
1
Statutory information
Cosro Group Limited is a private company, limited by shares, registered in England and Wales, registration number 08841731. The registered office is Unit 1e Barking Business Centre, Thames Road, Barking, IG11 0JP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible assets
Tangible assets are initially recorded at cost, and are 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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
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: If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
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Cosro Group Limited Notes to the Accounts for the period from 1 August 2024 to 31 January 2026
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises
Financial instruments
A financial asset or a financial liability is recognised only when the company 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. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised
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 in finance costs in profit or loss in the period in which it arises.
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Cosro Group Limited Notes to the Accounts for the period from 1 August 2024 to 31 January 2026
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 August 2024
518,773
Additions
245,031
At 31 January 2026
763,804
Depreciation
At 1 August 2024
279,975
Charge for the period
67,817
At 31 January 2026
347,792
Net book value
At 31 January 2026
416,012
At 31 July 2024
238,798
5
Average number of employees
During the period the average number of employees was 12 (2024: 10).
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