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REGISTERED NUMBER: 06809251 (England and Wales)










Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Cope & Timmins Uk Limited

Cope & Timmins Uk Limited (Registered number: 06809251)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cope & Timmins Uk Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mr John Lawrence Simpson





REGISTERED OFFICE: Unit 4A, Business Centre
49 West End
Kirkbymoorside
York
YO62 6AD





REGISTERED NUMBER: 06809251 (England and Wales)





ACCOUNTANTS: Hallgarth Accountants Ltd
2 Hallgarth
Pickering
North Yorkshire
YO18 7AW

Cope & Timmins Uk Limited (Registered number: 06809251)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 294 343
Tangible assets 5 938 1,178
1,232 1,521

CURRENT ASSETS
Stocks 6 27,979 25,020
Debtors 7 725 725
Cash at bank 1,594 1,936
30,298 27,681
CREDITORS
Amounts falling due within one year 8 7,014 6,279
NET CURRENT ASSETS 23,284 21,402
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,516

22,923

CREDITORS
Amounts falling due after more than one
year

9

231,243

216,654
NET LIABILITIES (206,727 ) (193,731 )

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings (206,827 ) (193,831 )
SHAREHOLDERS' FUNDS (206,727 ) (193,731 )

Cope & Timmins Uk Limited (Registered number: 06809251)

Balance Sheet - continued
28 February 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 26 October 2023 and were signed by:





Mr John Lawrence Simpson - Director


Cope & Timmins Uk Limited (Registered number: 06809251)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Cope & Timmins Uk Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance and 20% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Cope & Timmins Uk Limited (Registered number: 06809251)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

2. ACCOUNTING POLICIES - continued

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 3 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 March 2022
and 28 February 2023 490
AMORTISATION
At 1 March 2022 147
Amortisation for year 49
At 28 February 2023 196
NET BOOK VALUE
At 28 February 2023 294
At 28 February 2022 343

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 March 2022
and 28 February 2023 6,576
DEPRECIATION
At 1 March 2022 5,398
Charge for year 240
At 28 February 2023 5,638
NET BOOK VALUE
At 28 February 2023 938
At 28 February 2022 1,178

6. STOCKS
28.2.23 28.2.22
£    £   
Stocks 27,979 25,020

Cope & Timmins Uk Limited (Registered number: 06809251)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Rent Bond 725 725

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 1,822 1,458
Social security and other taxes 2,133 1,669
Other creditors 1,894 2,047
Accrued expenses 1,165 1,105
7,014 6,279

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Loan - K. Hourigan 74,676 69,382
Directors loans 156,567 147,272
231,243 216,654

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
100 Ordinary £1 100 100

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr John Lawrence Simpson.