Company Registration No. 8990030 (England and Wales)
Shahnaz Jamil - Copley Ltd
Unaudited accounts
for the year ended 31 March 2022
Shahnaz Jamil - Copley Ltd
Unaudited accounts
Contents
Shahnaz Jamil - Copley Ltd
Company Information
for the year ended 31 March 2022
Directors
Shahnaz Jamil Copley
Ashley Sinclair Copley
Company Number
8990030 (England and Wales)
Registered Office
Jasmine Cottage
Rowland
Bakewell
Derbyshire
DE45 1NR
England
Accountants
Andrew B Sharkey Ltd
Jasmine Cottage
Rowland
Bakewell
Derbyshire
DE45 1NR
Shahnaz Jamil - Copley Ltd
Statement of financial position
as at 31 March 2022
Tangible assets
1,323
1,654
Cash at bank and in hand
11,125
5,171
Creditors: amounts falling due within one year
14,804
15,787
Net current assets
25,929
20,958
Total assets less current liabilities
27,252
22,612
Creditors: amounts falling due after more than one year
(18,750)
(22,500)
Called up share capital
100
100
Profit and loss account
8,402
12
Shareholders' funds
8,502
112
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2022 and were signed on its behalf by
Ashley Sinclair Copley
Director
Company Registration No. 8990030
Shahnaz Jamil - Copley Ltd
Notes to the Accounts
for the year ended 31 March 2022
Shahnaz Jamil - Copley Ltd is a private company, limited by shares, registered in England and Wales, registration number 8990030. The registered office is Jasmine Cottage, Rowland, Bakewell, Derbyshire, DE45 1NR, England. The principal place of business is Ash Brook, 1 Ashley Close, Tansley, Matlock, Derbyshire, DE4 5HX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Tangible fixed assets
Plant & machinery
Shahnaz Jamil - Copley Ltd
Notes to the Accounts
for the year ended 31 March 2022
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
22,124
35,131
Loans from directors
(36,928)
(50,918)
6
Creditors: amounts falling due after more than one year
2022
2021
A Government guaranteed bounce back loan of £22,500 was taken out on 11/05/2020. Government covers the first 12 months of interest after which interest is charged at 2.5%. No repayments are required for the first 12 months. The loan period is for 6 years with no early repayment charges.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Advance
50,918
-
13,990
36,928
During the period a director, Ashley Sinclair Copley repaid £13,990 of the loan. This loan is interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 2 (2021: 2).