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REGISTERED NUMBER: 00767079 (England and Wales)












Unaudited Financial Statements for the Year Ended 31 March 2023

for

Coypu Property Company Limited

Coypu Property Company Limited (Registered number: 00767079)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Coypu Property Company Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mrs A O Maxwell





SECRETARY: Mrs D.A. Pulton





REGISTERED OFFICE: 2 Clarendon Road
Ashford
Middlesex
TW15 2QE





REGISTERED NUMBER: 00767079 (England and Wales)





ACCOUNTANTS: Chris Derby Limited
Accounting Services
2 Clarendon Road
Ashford
Middlesex
TW15 2QE

Coypu Property Company Limited (Registered number: 00767079)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,150,399 2,150,599

CURRENT ASSETS
Debtors 5 14,134 11,916
Cash at bank 10,013 27,020
24,147 38,936
CREDITORS
Amounts falling due within one year 6 223,944 245,540
NET CURRENT LIABILITIES (199,797 ) (206,604 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,950,602

1,943,995

PROVISIONS FOR LIABILITIES 139,337 139,337
NET ASSETS 1,811,265 1,804,658

CAPITAL AND RESERVES
Called up share capital 100 100
Fair Value reserve 7 1,117,567 1,117,567
Retained earnings 693,598 686,991
SHAREHOLDERS' FUNDS 1,811,265 1,804,658

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Coypu Property Company Limited (Registered number: 00767079)

Balance Sheet - continued
31 March 2023


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 30 November 2023 and were signed by:





Mrs A O Maxwell - Director


Coypu Property Company Limited (Registered number: 00767079)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Coypu Property Company 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 20% on cost

Investment properties are valued annually and shown in the accounts at valuation. Net surpluses are credited to revaluation reserves.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Coypu Property Company Limited (Registered number: 00767079)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Long and
leasehold fittings Totals
£    £    £   
COST OR VALUATION
At 1 April 2022
and 31 March 2023 2,150,000 18,876 2,168,876
DEPRECIATION
At 1 April 2022 - 18,277 18,277
Charge for year - 200 200
At 31 March 2023 - 18,477 18,477
NET BOOK VALUE
At 31 March 2023 2,150,000 399 2,150,399
At 31 March 2022 2,150,000 599 2,150,599

Cost or valuation at 31 March 2023 is represented by:

Fixtures
Long and
leasehold fittings Totals
£    £    £   
Valuation in 2007 281,954 - 281,954
Valuation in 2011 125,000 - 125,000
Valuation in 2014 735,266 - 735,266
Valuation in 2017 130,000 - 130,000
Valuation in 2021 (130,000 ) - (130,000 )
Cost 1,007,780 18,876 1,026,656
2,150,000 18,876 2,168,876

If Leasehold properties had not been revalued they would have been included at the following historical cost:

31.3.23 31.3.22
£    £   
Cost 1,007,780 1,007,780

Leasehold land and buildings were valued on an open market basis basis on 2 August 2021 by Marsh & Parsons .

The property disclosed as land and buildings above is considered to be investment property and is shown at valuation. The property was valued by Marsh & Parsons, Valuers and Surveyors, on 2nd August 2021 in the amount of £2,150,000. In the directors opinion there has been no material change in the carrying value of
Investment Property since that valuation.

5. DEBTORS
31.3.23 31.3.22
£    £   
Amounts falling due within one year:
Other debtors 4,134 1,916

Coypu Property Company Limited (Registered number: 00767079)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. DEBTORS - continued
31.3.23 31.3.22
£    £   
Amounts falling due after more than one year:
Other debtors 10,000 10,000

Aggregate amounts 14,134 11,916

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security 4,411 6,616
Other creditors 219,533 238,924
223,944 245,540

7. RESERVES
Fair
Value
reserve
£   
At 1 April 2022
and 31 March 2023 1,117,567

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs A O Maxwell.