Cottleys Developments Ltd

Cottleys Developments Ltd
Contents Page
For the year ended 31 August 2025

Statement of Financial Position	1
Notes to the Financial Statements	2

Cottleys Developments Ltd
Statement of Financial Position
As at 31 August 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	12,584	15,743
		12,584	15,743
Current assets
Debtors		-	2,856
Cash at bank and in hand		(779)	974
		(779)	3,830
Creditors: amount falling due within one year		(142)	(12,845)
Net current assets		(921)	(9,015)

Total assets less current liabilities		11,663	6,728
Creditors: amount falling due after more than one year		(5,219)	(2,333)
Provisions for liabilities		(2,391)	(2,992)
Net assets		4,053	1,403

Capital and reserves
Called up share capital		1,100	1,100
Profit and loss account		2,953	303
Shareholders' funds		4,053	1,403

For the year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 28 August 2026 and were signed by:

-------------------------------
J S Griffiths
Director

1

Cottleys Developments Ltd
Notes to the Abridged Financial Statements
For the year ended 31 August 2025

General Information

Cottleys Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 7429642, registration address Hamilton House, Hamilton Terrace, Milford Haven, Pembrokeshire, SA73 3JP.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20% Reducing Balance
Computer Equipment	25% Reducing Balance

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Computer Equipment	Total
	£	£	£
At 01 September 2024	68,027	2,187	70,214
Additions	-	-	-
Disposals	-	-	-
At 31 August 2025	68,027	2,187	70,214
Depreciation
At 01 September 2024	52,477	1,994	54,471
Charge for year	3,110	49	3,159
On disposals	-	-	-
At 31 August 2025	55,587	2,043	57,630
Net book values
Closing balance as at 31 August 2025	12,440	144	12,584
Opening balance as at 01 September 2024	15,550	193	15,743

2

Registered Number: 7429642
England and Wales
COTTLEYS DEVELOPMENTS LTD

Abridged Accounts

Period of accounts Start date: 01 September 2024 End date: 31 August 2025