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REGISTERED NUMBER: 04873008 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

(ADAM) COOPER HOMES LIMITED

(ADAM) COOPER HOMES LIMITED (REGISTERED NUMBER: 04873008)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


(ADAM) COOPER HOMES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: A B Cooper





SECRETARY: Mrs J M Cooper





REGISTERED OFFICE: c/o The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB





REGISTERED NUMBER: 04873008 (England and Wales)





ACCOUNTANTS: Philip Barnes & Co Limited
Chartered Accountants
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB

(ADAM) COOPER HOMES LIMITED (REGISTERED NUMBER: 04873008)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 345,828 222,035

CURRENT ASSETS
Stocks 2,094,800 1,027,192
Debtors 5 111,190 101,555
Cash at bank 131,323 1,488,407
2,337,313 2,617,154
CREDITORS
Amounts falling due within one year 6 1,223,508 1,258,545
NET CURRENT ASSETS 1,113,805 1,358,609
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,459,633

1,580,644

CREDITORS
Amounts falling due after more than one
year

7

(588

)

(15,396

)

PROVISIONS FOR LIABILITIES (63,724 ) (50,989 )
NET ASSETS 1,395,321 1,514,259

CAPITAL AND RESERVES
Called up share capital 8 51 51
Share premium 49 49
Retained earnings 1,395,221 1,514,159
SHAREHOLDERS' FUNDS 1,395,321 1,514,259

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

(ADAM) COOPER HOMES LIMITED (REGISTERED NUMBER: 04873008)

BALANCE SHEET - continued
31 AUGUST 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 December 2023 and were signed by:





A B Cooper - Director


(ADAM) COOPER HOMES LIMITED (REGISTERED NUMBER: 04873008)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

(Adam) Cooper Homes 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.

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

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33% 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 Profit and loss account, 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.

(ADAM) COOPER HOMES LIMITED (REGISTERED NUMBER: 04873008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2022 255,157 139,601 1,471 396,229
Additions 16,619 188,288 - 204,907
Disposals - (41,988 ) - (41,988 )
At 31 August 2023 271,776 285,901 1,471 559,148
DEPRECIATION
At 1 September 2022 127,484 45,925 785 174,194
Charge for year 27,343 23,261 227 50,831
Eliminated on disposal - (11,705 ) - (11,705 )
At 31 August 2023 154,827 57,481 1,012 213,320
NET BOOK VALUE
At 31 August 2023 116,949 228,420 459 345,828
At 31 August 2022 127,673 93,676 686 222,035

(ADAM) COOPER HOMES LIMITED (REGISTERED NUMBER: 04873008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 September 2022 65,858 41,988 107,846
Disposals - (41,988 ) (41,988 )
Transfer to ownership (49,000 ) - (49,000 )
At 31 August 2023 16,858 - 16,858
DEPRECIATION
At 1 September 2022 26,021 11,705 37,726
Charge for year 2,816 - 2,816
Eliminated on disposal - (11,705 ) (11,705 )
Transfer to ownership (23,244 ) - (23,244 )
At 31 August 2023 5,593 - 5,593
NET BOOK VALUE
At 31 August 2023 11,265 - 11,265
At 31 August 2022 39,837 30,283 70,120

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 8,600 8,600
Other debtors 102,590 92,955
111,190 101,555

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 352,395 400,000
Hire purchase contracts 3,449 9,178
Trade creditors 283,865 106,902
Taxation and social security 115,128 127,330
Other creditors 468,671 615,135
1,223,508 1,258,545

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 588 15,396

(ADAM) COOPER HOMES LIMITED (REGISTERED NUMBER: 04873008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
51 Ordinary £1 51 51

9. RELATED PARTY DISCLOSURES

Transactions with entities in which the directors have a participating interest.

20232022
££
Amount due to related party456,809585,234

Amount due from related party14,09913,912