Company Registration No. 6635750 (England and Wales)
Cosy News Limited
Unaudited accounts
for the year ended 31 July 2025
Cosy News Limited
Unaudited accounts
Contents
Cosy News Limited
Company Information
for the year ended 31 July 2025
Company Number
6635750 (England and Wales)
Registered Office
16 St. Georges Way
Intu Eldon Square
Newcastle Upon Tyne
NE2 1RD
UK
Accountants
Malik Chopdat & Co
99 Manningham Lane
Bradford
West Yorkshire
BD1 3BN
Cosy News Limited
Accountants' report
Accountants' report to the director of Cosy News Limited on the preparation of the unaudited statutory accounts for the year ended 31 July 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Cosy News Limited for the year ended
31 July 2025 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Cosy News Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Cosy News Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cosy News Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Cosy News Limited 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 of Cosy News Limited. You consider that Cosy News Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Cosy News Limited. 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 statutory accounts.
Malik Chopdat & Co
99 Manningham Lane
Bradford
West Yorkshire
BD1 3BN
26 July 2031
Cosy News Limited
Statement of financial position
as at 31 July 2025
Tangible assets
14,959
17,076
Cash at bank and in hand
43,556
41,908
Creditors: amounts falling due within one year
(52,146)
(68,580)
Net current assets
60,605
41,233
Total assets less current liabilities
75,564
58,309
Creditors: amounts falling due after more than one year
(22,538)
(28,109)
Provisions for liabilities
Deferred tax
(2,842)
(3,244)
Called up share capital
2
2
Profit and loss account
50,182
26,954
Shareholders' funds
50,184
26,956
For the year ending 31 July 2025 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.
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 26 July 2031 and were signed on its behalf by
Shahzad Ali Alvi
Director
Company Registration No. 6635750
Cosy News Limited
Notes to the Accounts
for the year ended 31 July 2025
Cosy News Limited is a private company, limited by shares, registered in England and Wales, registration number 6635750. The registered office is 16 St. Georges Way, Intu Eldon Square, Newcastle Upon Tyne, NE2 1RD, UK.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing balance
Fixtures & fittings
15% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill is amortised over a period of 10 years.
4
Intangible fixed assets
Goodwill
Cosy News Limited
Notes to the Accounts
for the year ended 31 July 2025
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Other debtors
15,654
15,654
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
10,989
17,374
Loans from directors
823
905
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 12 (2024: 12).