REGISTERED NUMBER: 00516858 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

David Cooke (Nantcol) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D R Cooke

Mrs S J Metcalfe

Mr S Metcalfe

SECRETARY:

Mr D R Cooke

REGISTERED OFFICE:

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

REGISTERED NUMBER:

00516858 (England and Wales)

ACCOUNTANTS:

Dunn & Ellis Cyf

Chartered Accountants

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

FIXED ASSETS

Tangible assets

4

5,111

6,389

CURRENT ASSETS

Stocks

5

2,111

-

Cash at bank

29,471

16,499

31,582

16,499

CREDITORS

Amounts falling due within one year

6

38,122

37,556

NET CURRENT LIABILITIES

(6,540

)

(21,057

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,429

)

(14,668

)

PROVISIONS FOR LIABILITIES

971

1,214

NET LIABILITIES

(2,400

)

(15,882

)

CAPITAL AND RESERVES

Called up share capital

15,000

15,000

Retained earnings

(17,400

)

(30,882

)

SHAREHOLDERS' FUNDS

(2,400

)

(15,882

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 September 2026 and were signed on its behalf by:

Mr S Metcalfe - Director

1.	STATUTORY INFORMATION

David Cooke (Nantcol) 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

Going concern

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.

The accounts have been prepared on the going concern basis. As at 31st March 2026, the current liabilities of the company exceeded the current assets by £2,400 (2025-£15,882). Principal amongst the creditors are the bank and one of the directors. The bank overdraft is secured as shown in note 10 to the accounts. The directors are confident that the income flows from the Hydro electric power scheme will allow the company to keep within its banking facilities. In addition the director has indicated his willingness to continue to support the company for the foreseeable future and accordingly, the going concern basis of accounting is considered appropriate.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance and in accordance with the property

Fixed assets are stated at their cost prices, less accumulated depreciation and less amounts recognised in respect of impairment.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

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

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

149,450

DEPRECIATION

At 1 April 2025

143,061

Charge for year

1,278

At 31 March 2026

144,339

NET BOOK VALUE

At 31 March 2026

5,111

At 31 March 2025

6,389

5.

STOCKS

31.3.26

31.3.25

£

£

Work-in-progress

2,111

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

223

24

Taxation and social security

3,405

2,428

Other creditors

34,494

35,104

38,122

37,556

7.	RELATED PARTY DISCLOSURES