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Registered number: 00722590
Cochranes of Oxford Limited
Unaudited Financial Statements
For The Year Ended 30 November 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 00722590
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,515 16,592
Investments 5 552,804 487,209
569,319 503,801
CURRENT ASSETS
Stocks 6 105,736 115,889
Debtors 7 58,898 28,297
Cash at bank and in hand 159,019 194,380
323,653 338,566
Creditors: Amounts Falling Due Within One Year 8 (52,808 ) (59,584 )
NET CURRENT ASSETS (LIABILITIES) 270,845 278,982
TOTAL ASSETS LESS CURRENT LIABILITIES 840,164 782,783
PROVISIONS FOR LIABILITIES
Deferred Taxation (48,558 ) (36,115 )
NET ASSETS 791,606 746,668
CAPITAL AND RESERVES
Called up share capital 9 71 71
Profit and Loss Account 791,535 746,597
SHAREHOLDERS' FUNDS 791,606 746,668
Page 1
Page 2
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr T Cochrane
Director
6 August 2026
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Cochranes of Oxford Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00722590 . The registered office is Grove Farm Barns High Street, Shipton-Under-Wychwood, Chipping Norton, Oxfordshire, OX7 6DG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Straight line 4%
Plant & Machinery Straight line 20%
2.4. Investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date.  Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 5)
4 5
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 December 2024 44,068 155,981 200,049
Additions - 582 582
As at 30 November 2025 44,068 156,563 200,631
Depreciation
As at 1 December 2024 28,410 155,047 183,457
Provided during the period - 659 659
As at 30 November 2025 28,410 155,706 184,116
Net Book Value
As at 30 November 2025 15,658 857 16,515
As at 1 December 2024 15,658 934 16,592
5. Investments
Listed
£
Cost or Valuation
As at 1 December 2024 487,209
Additions 18,785
Revaluations 48,024
Other (1,214 )
As at 30 November 2025 552,804
Provision
As at 1 December 2024 -
As at 30 November 2025 -
Net Book Value
As at 30 November 2025 552,804
As at 1 December 2024 487,209
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6. Stocks
2025 2024
£ £
Stock 105,736 115,889
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 42,490 22,506
Prepayments and accrued income 15,350 5,309
VAT 1,058 482
58,898 28,297
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 5,606 3,846
Corporation tax 27,891 32,271
Other taxes and social security 1,033 2,464
Other creditors 344 1
Accruals and deferred income 17,269 20,515
Director's loan account 665 487
52,808 59,584
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 71 71
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