Company Registration No. 0658922 (England and Wales)
A W Coppin Ltd
Unaudited accounts
for the year ended 31 July 2023
A W Coppin Ltd
Unaudited accounts
Contents
A W Coppin Ltd
Company Information
for the year ended 31 July 2023
Directors
C T Coppin
Mrs J Coppin
Company Number
0658922 (England and Wales)
Registered Office
Marston House, Grove Green Lane
Weavering
Maidstone
Kent
ME14 5JW
Accountants
Wiggins & Co, Chartered Accountants
The Old Stables, East Lenham Farm
Ashford Road, Lenham
Maidstone
Kent
ME17 2DP
A W Coppin Ltd
Accountants' report
Accountants' report to the board of directors of A W Coppin Ltd on the preparation of the unaudited statutory accounts for the year ended 31 July 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
A W Coppin Ltd for the year ended
31 July 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of A W Coppin Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of A W Coppin Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A W Coppin Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that A W Coppin Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of A W Coppin Ltd. You consider that A W Coppin Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of A W Coppin Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Wiggins & Co, Chartered Accountants
The Old Stables, East Lenham Farm
Ashford Road, Lenham
Maidstone
Kent
ME17 2DP
3 October 2023
A W Coppin Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
167,164
167,171
Cash at bank and in hand
32,375
26,856
Creditors: amounts falling due within one year
(25,368)
(25,291)
Net current assets
7,859
2,390
Net assets
175,023
169,561
Called up share capital
2,000
2,000
Profit and loss account
173,023
167,561
Shareholders' funds
175,023
169,561
For the year ending 31 July 2023 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 3 October 2023 and were signed on its behalf by
C T Coppin
Director
Company Registration No. 0658922
A W Coppin Ltd
Notes to the Accounts
for the year ended 31 July 2023
A W Coppin Ltd is a private company, limited by shares, registered in England and Wales, registration number 0658922. The registered office is Marston House, Grove Green Lane, Weavering, Maidstone, Kent, ME14 5JW.
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 invoiced amount of sales, excluding Value Added Tax.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation is being charged as the Current Value of the Freehold exceeds the cost.
Plant & machinery
15% on reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 August 2022
169,823
3,850
173,673
At 31 July 2023
169,823
3,850
173,673
At 1 August 2022
2,700
3,802
6,502
At 31 July 2023
2,700
3,809
6,509
At 31 July 2023
167,123
41
167,164
At 31 July 2022
167,123
48
167,171
A W Coppin Ltd
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Accrued income and prepayments
382
335
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
3,304
3,551
Proposed dividends
8,000
8,000
Loans from directors
12,034
11,770
Allotted, called up and fully paid:
2,000 Ordinary shares of £1 each
2,000
2,000
8
Transactions with related parties
Dividends paid to Directors
Dividends paid to Directors in their capacity as shareholders during the year included £ 8,000 to C T Coppin (2022 - £ 8,000).
The Management Charges received represent amounts paid by Leighrede Securities Limited (£ 3,000) and Weavering Holdings Limited (£ 6,000) being companies controlled by C T Coppin Esq.
Work was carried out at open market values for
Weavering Holdings Ltd - £ Nil (2022 - £ Nil)
C T Coppin Esq - £ Nil (2022 - £ Nil)
Since August 2007, C T Coppin has been a tenant in the Company's freehold property paying full open market rental.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).