Cooke Partnership Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06711320 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

FOR

COOKE PARTNERSHIP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B R Cooke

M P Cooke

SECRETARY:

B R Cooke

REGISTERED OFFICE:

St Johns House

Castle Street

Taunton

Somerset

TA1 4AY

REGISTERED NUMBER:

06711320 (England and Wales)

ACCOUNTANTS:

Mitchells Chartered Accountants

St. John's House,

Castle Street,

Taunton

Somerset

TA1 4AY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

164,802

51

164,802

51

CURRENT ASSETS

Debtors

6

114,775

89,893

Cash in hand

150

150

114,925

90,043

CREDITORS

Amounts falling due within one year

7

19,898

28,951

NET CURRENT ASSETS

95,027

61,092

TOTAL ASSETS LESS CURRENT LIABILITIES

259,829

61,143

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

259,679

60,993

SHAREHOLDERS' FUNDS

259,829

61,143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 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 20 December 2021 and were signed on its behalf by:

B R Cooke - Director

1.	STATUTORY INFORMATION

Cooke Partnership Ltd 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 as modified by the revaluation of certain assets.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Entitlements are being amortised evenly over their estimated useful life of three years.

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

-

15% on cost and 12.5% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2020

1,675

Disposals

(1,430

)

At 31 March 2021

245

AMORTISATION

At 1 April 2020

1,675

Eliminated on disposal

(1,430

)

At 31 March 2021

245

NET BOOK VALUE

At 31 March 2021

-

At 31 March 2020

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST OR VALUATION

At 1 April 2020

372,604

Disposals

(43,000

)

Revaluations

164,802

At 31 March 2021

494,406

DEPRECIATION

At 1 April 2020

372,553

Charge for year

1

Eliminated on disposal

(42,950

)

At 31 March 2021

329,604

NET BOOK VALUE

At 31 March 2021

164,802

At 31 March 2020

51

Cost or valuation at 31 March 2021 is represented by:

Plant and

machinery

etc

£

Valuation in 2021

164,802

Cost

329,604

494,406

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.21

31.3.20

£

£

Amounts owed by participating interests

114,775

89,893

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Taxation and social security

17,620

26,791

Other creditors

2,278

2,160

19,898

28,951