Registration number: 08931828

Coggon Brothers Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 11

Coggon Brothers Limited

(Registration number: 08931828)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	243	433
Tangible assets	5	3,878,209	2,255,490
Other financial assets	6	15	15
		3,878,467	2,255,938
Current assets
Stocks		341,862	178,443
Debtors	7	71,182	296,580
Other financial assets	6	984	25,651
Cash at bank and in hand		866	140,774
		414,894	641,448
Creditors: Amounts falling due within one year	8	(612,828)	(491,404)
Net current (liabilities)/assets		(197,934)	150,044
Total assets less current liabilities		3,680,533	2,405,982
Creditors: Amounts falling due after more than one year	8	(2,604,887)	(1,290,598)
Provisions for liabilities		(374,941)	(410,833)
Net assets		700,705	704,551
Capital and reserves
Called up share capital	9	2	2
Retained earnings		700,703	704,549
Shareholders' funds		700,705	704,551

Coggon Brothers Limited

(Registration number: 08931828)
Balance Sheet as at 31 January 2026

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 October 2026 and signed on its behalf by:
 

Mr John Coggon Director

Coggon Brothers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Mill Farm
North Street
West Butterwick
Scunthorpe
North Lincolnshire
DN17 3JW

Registration number: 08931828

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Other grants

Grants are recognised using the accrual model. Grants received relating to assets are recognised in the profit and loss account over the expected useful life of the asset.

Coggon Brothers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives to their net realisable value, as follows:

Asset class	Depreciation method and rate
Plant, machinery and self-propelled machinery	5%,6.5% & 10% on cost
Motor vehicles	15% on cost
Potato Store	4% on cost

Intangible assets

Intangible fixed assets include Basic Payment Scheme entitlements. These have been included at the original purchase price.

Amortisation has been provided as to write off the entitlements over the life of the scheme.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Entitlements	Straight line over 7 years

Coggon Brothers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Coggon Brothers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year was 7 (2025 - 6).

Coggon Brothers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

4	Intangible assets

	Trademarks, patents and licenses  £	Total £
Cost or valuation
At 1 February 2025	947	947
At 31 January 2026	947	947
Amortisation
At 1 February 2025	514	514
Amortisation charge	190	190
At 31 January 2026	704	704
Carrying amount
At 31 January 2026	243	243
At 31 January 2025	433	433

5	Tangible assets

	Land and buildings £	Plant and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 February 2025	799,355	1,570,690	137,424	420,892	2,928,361
Additions	1,770,909	10,500	-	-	1,781,409
Disposals	-	(38,000)	-	-	(38,000)
At 31 January 2026	2,570,264	1,543,190	137,424	420,892	4,671,770
Depreciation
At 1 February 2025	58,697	449,434	21,520	143,220	672,871
Charge for the year	33,725	66,787	20,614	21,139	142,265
Eliminated on disposal	-	(21,575)	-	-	(21,575)
At 31 January 2026	92,422	494,646	42,134	164,359	793,561
Carrying amount
At 31 January 2026	2,477,842	1,048,544	95,290	256,533	3,878,209
At 31 January 2025	740,658	1,121,256	115,904	277,672	2,255,490

Included within the net book value of land and buildings above is £2,477,842 (2025 - £740,658) in respect of freehold land and buildings.
 

Coggon Brothers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

6	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 February 2025	15	15
At 31 January 2026	15	15
Impairment
At 1 February 2025	-	-
At 31 January 2026	-	-
Carrying amount
At 31 January 2026	15	15
At 31 January 2025	15	15

	Financial assets at cost less impairment £	Total £
Current financial assets
Cost or valuation
At 1 February 2025	25,651	25,651
Revaluations	(24,667)	(24,667)
At 31 January 2026	984	984
Impairment
At 1 February 2025	-	-
At 31 January 2026	-	-
Carrying amount
At 31 January 2026	984	984
At 31 January 2025	25,651	25,651

Coggon Brothers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

7

Debtors

Current	2026 £	2025 £
Trade debtors	68,658	232,559
Amounts owed by related parties	500	29,337
Prepayments	2,024	1,221
Other debtors	-	33,463
	71,182	296,580

8

Creditors

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	10	531,484	363,228
Trade payables		5,718	98,519
Amounts due to related parties	11	40,726	-
Social security and other taxes		3,802	-
Other payables		31,098	29,657
		612,828	491,404