REGISTERED NUMBER: 04647028 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

COVCO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A S Coventon

REGISTERED OFFICE:

28 Mill Drove

BOURNE

Lincolnshire

PE10 9BX

REGISTERED NUMBER:

04647028 (England and Wales)

ACCOUNTANTS:

GreenStones Limited

9 Commerce Road

Lynchwood

Peterborough

Cambridgeshire

PE2 6LR

FIXED ASSETS

Tangible assets

4

905,000

905,000

CURRENT ASSETS

Stocks

1,814

1,170

Debtors

5

6,521

1,841

Cash at bank

28,798

14,384

37,133

17,395

CREDITORS

Amounts falling due within one year

6

13,230

5,268

NET CURRENT ASSETS

23,903

12,127

TOTAL ASSETS LESS CURRENT LIABILITIES

928,903

917,127

CREDITORS

Amounts falling due after more than one year

7

(524,700

)

(543,589

)

PROVISIONS FOR LIABILITIES

(60,091

)

(60,091

)

NET ASSETS

344,112

313,447

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

8

180,274

180,274

Retained earnings

163,738

133,073

SHAREHOLDERS' FUNDS

344,112

313,447

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 20 October 2026 and were signed by:

A S Coventon - Director

1.	STATUTORY INFORMATION

Covco 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.

The director considers the company's resources are sufficient to satisfy it's current working capital requirements, and that is is appropriate to prepare the financial statements on a 'going concern' basis.

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.

Computer equipment

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Computer

property

equipment

Totals

£

£

£

COST

At 1 February 2025

and 31 January 2026

905,000

4,773

909,773

DEPRECIATION

At 1 February 2025

and 31 January 2026

-

4,773

4,773

NET BOOK VALUE

At 31 January 2026

905,000

-

905,000

At 31 January 2025

905,000

-

905,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

6,521

1,841

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

2,000

2,100

Trade creditors

246

31

Taxation and social security

7,411

40

Other creditors

3,573

3,097

13,230

5,268

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

375,075

376,762

Other creditors

149,625

166,827

524,700

543,589

8.

RESERVES

Fair

value

reserve

£

At 1 February 2025

and 31 January 2026

180,274

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

2026

2025

£

£

A S Coventon

Balance outstanding at start of year

(166,827

)

(151,076

)

Amounts advanced

46,341

51,641

Amounts repaid

(29,139

)

(67,392

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(149,625

)

(166,827

)

This loan is unsecured and interest free.

The director has personally guaranteed the mortgages.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A S Coventon.