JP Cooper Limited 12089048 false 2022-08-01 2023-07-31 2023-07-31 The principal activity of the company is sports agency. Digita Accounts Production Advanced 6.30.9574.0 true 12089048 2022-08-01 2023-07-31 12089048 2023-07-31 12089048 bus:OrdinaryShareClass1 2023-07-31 12089048 bus:OrdinaryShareClass2 2023-07-31 12089048 bus:Revised 2023-07-31 12089048 core:CurrentFinancialInstruments 2023-07-31 12089048 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 12089048 bus:SmallEntities 2022-08-01 2023-07-31 12089048 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 12089048 bus:FullAccounts 2022-08-01 2023-07-31 12089048 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 12089048 bus:RegisteredOffice 2022-08-01 2023-07-31 12089048 bus:Director1 2022-08-01 2023-07-31 12089048 bus:Director2 2022-08-01 2023-07-31 12089048 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 12089048 bus:OrdinaryShareClass2 2022-08-01 2023-07-31 12089048 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12089048 countries:UnitedKingdom 2022-08-01 2023-07-31 12089048 2022-07-31 12089048 2021-08-01 2022-07-31 12089048 2022-07-31 12089048 bus:OrdinaryShareClass1 2022-07-31 12089048 bus:OrdinaryShareClass2 2022-07-31 12089048 core:CurrentFinancialInstruments 2022-07-31 12089048 core:CurrentFinancialInstruments core:WithinOneYear 2022-07-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12089048

JP Cooper Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 July 2023

 

JP Cooper Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

JP Cooper Limited

Company Information

Directors

John Philip Cooper

Helen Maria Cooper

Registered office

Chandlers Cottage Wick Hill Lane
Finchampstead
Wokingham
RG40 3PY

Accountants

Carbon Accountancy Limited
Chartered Accountant
80-83 Long Lane
London
EC1A 9ET

 

JP Cooper Limited

(Registration number: 12089048)
Balance Sheet as at 31 July 2023

Note

2023
£

2022
£

Fixed assets

 

Investment property

4

822,122

391,402

Current assets

 

Debtors

5

32,759

42,006

Cash at bank and in hand

 

22,507

617,016

 

55,266

659,022

Creditors: Amounts falling due within one year

6

(13,380)

(192,384)

Net current assets

 

41,886

466,638

Net assets

 

864,008

858,040

Capital and reserves

 

Called up share capital

7

20

20

Retained earnings

863,988

858,020

Shareholders' funds

 

864,008

858,040

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 October 2023 and signed on its behalf by:
 

.........................................
John Philip Cooper
Director

 

JP Cooper Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Chandlers Cottage Wick Hill Lane
Finchampstead
Wokingham
RG40 3PY
United Kingdom

These financial statements were authorised for issue by the Board on 20 October 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

 

JP Cooper Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

4

Investment properties

2023
£

At 1 August

391,402

Additions

430,720

At 31 July

822,122

There has been no valuation of investment property by an independent valuer.

5

Debtors

2023
£

2022
£

Other debtors

32,183

41,846

Prepayments

576

160

32,759

42,006

 

JP Cooper Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

275

-

Taxation and social security

3,377

182,825

Accruals and deferred income

9,728

1,450

Other creditors

-

8,109

13,380

192,384

7

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary share of £1 each

10

10

10

10

B Ordinary share of £1 each

10

10

10

10

 

20

20

20

20