Cook & Partners Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05546134 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

COOK & PARTNERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Jones FCA

J A Oliver ACA / FCCA

B Wenman FCCA

D Martin FCCA

REGISTERED OFFICE:

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

REGISTERED NUMBER:

05546134 (England and Wales)

ACCOUNTANTS:

Cook & Partners Limited

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

FIXED ASSETS

Intangible assets

4

753,210

Tangible assets

5

32,103

40,282

785,313

793,492

CURRENT ASSETS

Debtors

6

866,492

751,926

Prepayments and accrued income

71,020

75,537

Cash at bank and in hand

336,766

451,542

1,274,278

1,279,005

CREDITORS

Amounts falling due within one year

7

386,880

453,189

NET CURRENT ASSETS

887,398

825,816

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,672,711

1,619,308

CREDITORS

Amounts falling due after more than one
year

8

18,497

25,025

NET ASSETS

1,654,214

1,594,283

CAPITAL AND RESERVES

Called up share capital

284

Capital redemption reserve

22

Retained earnings

1,653,908

1,593,977

SHAREHOLDERS' FUNDS

1,654,214

1,594,283

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4th August 2026 and were signed on its behalf by:

B Wenman FCCA - Director

J A Oliver ACA / FCCA - Director

1.	STATUTORY INFORMATION

Cook & Partners 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.

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.

Going Concern Justification

The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date and therefore the financial statements for the year ended 31st December 2025 have been prepared using the going concern basis of accounting.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Purchased Goodwill arising on the acquisition of practices is not amortised as the directors are of the opinion that it has an indefinite life, and is capable of continued measurement.This policy represents a departure from the requirements of the Companies Act 2006 and the Financial Reporting Standard 102, which the directors believe to be justified on the grounds they consider that the accounts show a true and fair view by the adoption of the stated policy.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st January 2025

and 31st December 2025

753,210

NET BOOK VALUE

At 31st December 2025

753,210

At 31st December 2024

753,210

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1st January 2025

136,015

Additions

2,735

At 31st December 2025

138,750

DEPRECIATION

At 1st January 2025

95,733

Charge for year

10,914

At 31st December 2025

106,647

NET BOOK VALUE

At 31st December 2025

32,103

At 31st December 2024

40,282

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Fixtures

and

fittings

£

COST

At 1st January 2025

and 31st December 2025

32,641

DEPRECIATION

At 1st January 2025

1,632

Charge for year

6,528

At 31st December 2025

8,160

NET BOOK VALUE

At 31st December 2025

24,481

At 31st December 2024

31,009

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

753,365

735,697

Other debtors

113,127

16,229

866,492

751,926

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts

6,528

Trade creditors

16,618

20,964

Taxation and social security

241,126

249,916

Other creditors

122,608

175,781

386,880

453,189

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Hire purchase contracts

18,497

25,025

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2025 and 31st December 2024:

2025

2024

£

M Jones FCA

Balance outstanding at start of year

-

Amounts advanced

102,000

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

102,000

-

This loan has been repaid within 9 months of the balance sheet date.

10.

RESERVES

During the previous year it was agreed by the directors that it was in the best interests of the company to enter into a share buyback agreement with minority shareholders.

21 £1 Ordinary B shares and 1 Ordinary H Share were bought back by the company out of distributable reserves for a total consideration, paid in cash, of £84,000, including stamp duty.

The transaction has been reported in the prior years financial statements in accordance with FRS 102 as follows:

To redeem the shares:

Dr

Cr

Ordinary share capital

22

Profit and loss reserve

83,978

Other Creditors

84,000

To maintain the capital at its original amount:

Profit and loss reserve

22

Capital redemption reserve

22