C O C Trading Limited - Accounts to registrar (filleted) - small 18.2

C O C Trading Limited - Accounts to registrar (filleted) - small 18.2

C O C TRADING LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v18.2.0.360 05201448 Board of Directors 1.2.17 31.1.18 31.1.18 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure052014482017-01-31052014482018-01-31052014482017-02-012018-01-31052014482016-01-31052014482016-02-012017-01-31052014482017-01-3105201448ns14:PoundSterling2017-02-012018-01-3105201448ns10:Director12017-02-012018-01-3105201448ns10:PrivateLimitedCompanyLtd2017-02-012018-01-3105201448ns10:SmallEntities2017-02-012018-01-3105201448ns10:AuditExempt-NoAccountantsReport2017-02-012018-01-3105201448ns10:SmallCompaniesRegimeForDirectorsReport2017-02-012018-01-3105201448ns10:SmallCompaniesRegimeForAccounts2017-02-012018-01-3105201448ns10:AbridgedAccounts2017-02-012018-01-3105201448ns10:Director22017-02-012018-01-3105201448ns10:RegisteredOffice2017-02-012018-01-3105201448ns5:CurrentFinancialInstruments2018-01-3105201448ns5:CurrentFinancialInstruments2017-01-3105201448ns5:Non-currentFinancialInstruments2018-01-3105201448ns5:Non-currentFinancialInstruments2017-01-3105201448ns5:ShareCapital2018-01-3105201448ns5:ShareCapital2017-01-3105201448ns5:RetainedEarningsAccumulatedLosses2018-01-3105201448ns5:RetainedEarningsAccumulatedLosses2017-01-3105201448ns5:LongLeaseholdAssetsns5:LandBuildings2017-02-012018-01-3105201448ns5:PlantMachinery2017-02-012018-01-3105201448ns5:FurnitureFittings2017-02-012018-01-3105201448ns5:MotorVehicles2017-02-012018-01-3105201448ns5:ComputerEquipment2017-02-012018-01-31


REGISTERED NUMBER: 05201448















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2018

FOR

C O C TRADING LIMITED
C O C TRADING LIMITED (REGISTERED NUMBER: 05201448)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2018










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


C O C TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2018







DIRECTORS: Mr. A. Ransom
Mrs. C. M. Carratt



REGISTERED OFFICE: Units A1/A2,Gold Bank Business Park
Wilton Road
Humberston
GRIMSBY
DN36 4AW



REGISTERED NUMBER: 05201448



ACCOUNTANTS: Smethurst & Co LLP
12 Abbey Road
GRIMSBY
DN32 0HL



BANKERS: Santander
43 St Peter's Avenue
CLEETHORPES
DN35 8JQ
Page 1
C O C TRADING LIMITED (REGISTERED NUMBER: 05201448)

ABRIDGED BALANCE SHEET
31 JANUARY 2018

31.1.18 31.1.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 130,927 116,359
Investment property 5 946,875 1,292,495
1,077,802 1,408,854

CURRENT ASSETS
Stocks 372,000 306,000
Debtors 8,071 11,696
Cash at bank and in hand 496,614 177,746
876,685 495,442
CREDITORS
Amounts falling due within one year 129,878 121,148
NET CURRENT ASSETS 746,807 374,294
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,824,609
1,783,148

CREDITORS
Amounts falling due after more than one
year
6
-
(163,039
)

PROVISIONS FOR LIABILITIES (7,691 ) (4,497 )
NET ASSETS 1,816,918 1,615,612

CAPITAL AND RESERVES
Allotted, called up and
fully paid share capital 4 4
Profit and loss account 1,816,914 1,615,608
SHAREHOLDERS' FUNDS 1,816,918 1,615,612

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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 notes form part of these financial statements

Page 2
C O C TRADING LIMITED (REGISTERED NUMBER: 05201448)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 23 July 2018 and were signed on its behalf by:





Mrs. C. M. Carratt - Director


The notes form part of these financial statements

Page 3
C O C TRADING LIMITED (REGISTERED NUMBER: 05201448)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2018


1. STATUTORY INFORMATION

C O C Trading Limited is a private company, limited by shares , registered in Not specified/Other. The company's
registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.
Long leasehold - 2% Straight Line
Plant and machinery - 20% Reducing Balance
Fixtures and fittings - 20% Reducing Balance
Motor vehicles - 25% Reducing Balance
Computer equipment - 33% Straight Line

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2017 - 10 ) .

Page 4
C O C TRADING LIMITED (REGISTERED NUMBER: 05201448)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2018


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2017 163,201
Additions 22,500
At 31 January 2018 185,701
DEPRECIATION
At 1 February 2017 46,842
Charge for year 7,932
At 31 January 2018 54,774
NET BOOK VALUE
At 31 January 2018 130,927
At 31 January 2017 116,359

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2017 1,292,495
Disposals (345,620 )
At 31 January 2018 946,875
NET BOOK VALUE
At 31 January 2018 946,875
At 31 January 2017 1,292,495

Whilst a professional valuation of investment property has not been used at the year end, the Directors are of
the opinion there has been no significant change in the fair value of the investment property during the year.

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS
31.1.18 31.1.17
£    £   
Repayable by instalments
Mortgage - 81,964

7. SECURED DEBTS

Barclays Bank PLC has a fixed and floating charge on all the property or undertakings of the company dated 11
March 2016.

Page 5