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Cotswold Provisions (Bacon) Limited
Financial Statements
For The Year Ended 1 May 2026
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 02179552
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 - 1,685
Investment Properties 5 595,172 595,172
595,172 596,857
CURRENT ASSETS
Debtors - 1,626
Cash at bank and in hand 109,752 93,091
109,752 94,717
Creditors: Amounts Falling Due Within One Year (59,258 ) (56,932 )
NET CURRENT ASSETS (LIABILITIES) 50,494 37,785
TOTAL ASSETS LESS CURRENT LIABILITIES 645,666 634,642
PROVISIONS FOR LIABILITIES
Deferred taxation (62,228 ) (5,896 )
NET ASSETS 583,438 628,746
CAPITAL AND RESERVES
Called up share capital 6 7,000 7,000
Income Statement 576,438 621,746
SHAREHOLDERS' FUNDS 583,438 628,746
Page 1
Page 2
For the year ending 1 May 2026 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 directors acknowledge their 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 Income Statement.
On behalf of the board
Mr P Cockerton
Director
2 September 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cotswold Provisions (Bacon) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02179552 . The registered office is Unit 4 Briar Close Industrial Estate, Evesham, Worcestershire, WR11 4JT.
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.
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 and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Leasehold improvements                            10% reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.
2.5. Financial Instruments
The company’s financial instruments comprise basic financial assets and liabilities, including cash at bank, debtor balances and creditor balances. These are initially recognised at transaction price and subsequently measured at amortised cost. The company does not hold or issue any complex financial instruments.
2.6. 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.
...CONTINUED
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2.6. Taxation - continued
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: 3 (2025: 3)
3 3
4. Tangible assets
Land & Property
Leasehold
£
Cost
As at 1 May 2025 23,693
Disposals (23,693 )
As at 1 May 2026 -
Depreciation
As at 1 May 2025 22,008
Disposals (22,008 )
As at 1 May 2026 -
Net Book Value
As at 1 May 2026 -
As at 1 May 2025 1,685
Page 4
Page 5
5. Investment Property
2026
£
Fair Value
As at 1 May 2025 and 1 May 2026 595,172
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2026 2025
£ £
Cost 346,261 346,261
6. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 7,000 7,000
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