REGISTERED NUMBER: 03917363 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

COSGROVE HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P A Dalton

Mrs L Bold

SECRETARY:

Mrs L Bold

REGISTERED OFFICE:

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

REGISTERED NUMBER:

03917363 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Tangible assets

4

42,448

68,363

Investments

5

2,326,214

2,326,214

2,368,662

2,394,577

CURRENT ASSETS

Debtors

6

1,497

5,069

Cash at bank

39,095

11,355

40,592

16,424

CREDITORS

Amounts falling due within one year

7

423,925

450,589

NET CURRENT LIABILITIES

(383,333

)

(434,165

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,985,329

1,960,412

CREDITORS

Amounts falling due after more than one year

8

-

(1,457

)

PROVISIONS FOR LIABILITIES

(51,884

)

(51,109

)

NET ASSETS

1,933,445

1,907,846

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

10

150,671

150,671

Retained earnings

1,782,772

1,757,173

SHAREHOLDERS' FUNDS

1,933,445

1,907,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2026 and were signed on its behalf by:

P A Dalton - Director

1.	STATUTORY INFORMATION

Cosgrove Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Changes in accounting policies

The financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A small entities. The date of transition is 1 April 2015.

The transition to FRS 102 Section 1A small entities has resulted in a small number of changes in accounting policies to those used previously.

Turnover

Turnover represents rental income, excluding value added tax.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and any provision for impairment in value.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life..

Fixtures and fittings - 20% on cost

Motor vehicles - 20% on cost

Plant and Machinery - 20% on cost

Computer equipment - 20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

The directors have considered the company’s ability to continue as a going concern. The company generates consistent rental income from its property portfolio, providing sufficient cash flow to meet its liabilities. Therefore, the company continues to adopt the going concern basis of accounting in preparing the financial statements.

Investment property

Investment property is included at fair value. Gains and losses arising from changes in the fair value if the investment properties are included in the income statement in the period in which they arise.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

5,693

19,682

142,378

4,504

172,257

Additions

833

-

-

-

833

Disposals

-

-

(32,810

)

-

(32,810

)

At 31 March 2026

6,526

19,682

109,568

4,504

140,280

DEPRECIATION

At 1 April 2025

3,001

11,432

86,415

3,046

103,894

Charge for year

1,219

3,000

21,914

615

26,748

Eliminated on disposal

-

-

(32,810

)

-

(32,810

)

At 31 March 2026

4,220

14,432

75,519

3,661

97,832

NET BOOK VALUE

At 31 March 2026

2,306

5,250

34,049

843

42,448

At 31 March 2025

2,692

8,250

55,963

1,458

68,363

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2025

and 31 March 2026

2,326,214

NET BOOK VALUE

At 31 March 2026

2,326,214

At 31 March 2025

2,326,214

Cost or valuation at 31 March 2026 is represented by:

Other

investments

£

Valuation in 2008

(54,570

)

Valuation in 2010

181,341

Valuation in 2017

(51,398

)

Valuation in 2022

296,887

Valuation in 2024

440,365

Cost

1,513,589

2,326,214

A valuation of the Investment Properties has been undertaken by the Director at 31 March 2024.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Other debtors

1,497

5,069

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans and overdrafts

1,465

16,670

Taxation and social security

23,476

12,757

Other creditors

398,984

421,162

423,925

450,589

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans

-

1,457

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/26

31/3/25

£

£

Bank loans

1,465

18,127

10.

RESERVES

Fair

value

reserve

£

At 1 April 2025

and 31 March 2026

150,671

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

31/3/26

31/3/25

£

£

P A Dalton and Mrs L Bold

Balance outstanding at start of year

(357,922

)

(397,263

)

Amounts advanced

80,892

92,724

Amounts repaid

(87,415

)

(53,383

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(364,445

)

(357,922

)

12.	ULTIMATE CONTROLLING PARTY

The Ultimate Controlling Party are the directors as disclosed in the Directors' Report on page 2