ACCOUNTS - Final Accounts preparation

Registered number: 16270937

Cosyjoes (Sheffield) Limited

Financial statements

Information for filing with the registrar

31 March 2026


Cosyjoes (Sheffield) Limited

Balance sheet

At 31 March 2026

		2026
Note		£

Fixed assets
Tangible assets	4		291,985
			291,985
Current assets
Stocks		19,173
Debtors	5	4,482
Cash at bank and in hand		142,514
		166,169
Creditors: amounts falling due within one year	6	(701,535)
Net current liabilities			(535,366)
Total assets less current liabilities			(243,381)

Net liabilities			(243,381)

Capital and reserves
Called up share capital	7	100
Profit and loss account		(243,481)
Shareholders' deficit		(243,381)


Cosyjoes (Sheffield) Limited

Balance sheet (continued)

At 31 March 2026

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 October 2026.

A J Pallister	R Kaigg
Director	Director

Registered number: 16270937

The notes on pages 3 to 6 form part of these financial statements.


Cosyjoes (Sheffield) Limited

Notes to the financial statements

Period ended 31 March 2026

1.	General information

The company is a private company limited by shares, incorporated and domiciled in the United Kingdom
and registered in England. The address of the registered office is 31 Groat Market, Newcastle upon Tyne,
Tyne and Wear, England, NE1 1UQ.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The company incurred a loss of £243,481 during the period and, at 31 March 2026, had net current liabilities of £535,366 and net liabilities of £243,381. Included within creditors due within one year is £627,087 owed to Partypods Limited, a related company. The directors have considered the company's financial position and its expected future trading and cash requirements. The financial statements have been prepared on a going concern basis on the assumption that Partypods Limited will continue to provide financial support and will not seek repayment of amounts due where this would prejudice the company's ability to meet its liabilities as they fall due. The directors consider this assumption to be reasonable and therefore have a reasonable expectation that the company has adequate resources to continue in operational existence for at least twelve months from the date the financial statements are authorised for issue.

2.3

Revenue

Turnover represents amounts receivable for goods and services provided during the period, stated net of value added tax.

2.4

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight-line basis over the lease term, unless another systematic basis is more representative of the time pattern of the company’s benefit.

2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.


Cosyjoes (Sheffield) Limited

Notes to the financial statements

Period ended 31 March 2026

2.Accounting policies (continued)

2.6

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the below rates.

Depreciation is provided on the following basis:

Property improvements	-	10%	straight line
Fixtures and fittings	-	20%	reducing balance
Office equipment	-	20%	straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell.
Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock
to its present location and condition.

2.9

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Employees

The average monthly number of employees, including directors, during the period was 25.


Cosyjoes (Sheffield) Limited

Notes to the financial statements

Period ended 31 March 2026

4.	Tangible fixed assets

	Property improvements	Fixtures and fittings	Office equipment	Total
	£	£	£	£
Cost
Additions	163,060	87,427	68,097	318,584
At 31 March 2026	163,060	87,427	68,097	318,584
Depreciation
Charge for the period	9,150	9,360	8,089	26,599
At 31 March 2026	9,150	9,360	8,089	26,599
Net book value
At 31 March 2026	153,910	78,067	60,008	291,985

Debtors

					2026
					£


	Other debtors	100
	Prepayments and accrued income	4,382
		4,482

6.	Creditors: amounts falling due within one year
		2026
		£

	Trade creditors	9,756
	Other taxation and social security	50,498
	Other creditors	633,305
	Accruals and deferred income	7,976
		701,535


Cosyjoes (Sheffield) Limited

Notes to the financial statements

Period ended 31 March 2026

7.	Share capital
		2026
		£

		Allotted, called up and fully paid

		100 Ordinary shares of £1.00 each	100

On incorporation the company issued 100 £1 Ordinary shares.

8.	Related party transactions
	During the period the company received a loan from Partypods Ltd, a company related due to common shareholdings and directors. At the period end the company owed £627,087 to Partypods Limited. The loan is interest free and repayable on demand.