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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
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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
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Shahnaz Jamil - Copley Ltd Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,323 
1,654 
Current assets
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)
Net assets
8,502 
112 
Capital and reserves
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
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Shahnaz Jamil - Copley Ltd Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
Foreign currencies
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 
£ 
Cost or valuation
At cost 
At 1 April 2021
4,398 
At 31 March 2022
4,398 
Depreciation
At 1 April 2021
2,744 
Charge for the year
331 
At 31 March 2022
3,075 
Net book value
At 31 March 2022
1,323 
At 31 March 2021
1,654 
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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)
(14,804)
(15,787)
6
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
18,750 
22,500 
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.
7
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Ashley Sinclair Copley
Advance
50,918 
- 
13,990 
36,928 
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).
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