Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07907941 D Cooper A Nawalkar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07907941 2023-03-31 07907941 2024-03-31 07907941 2023-04-01 2024-03-31 07907941 frs-core:CurrentFinancialInstruments 2024-03-31 07907941 frs-core:Non-currentFinancialInstruments 2024-03-31 07907941 frs-core:ComputerEquipment 2023-04-01 2024-03-31 07907941 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 07907941 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 07907941 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-03-31 07907941 frs-core:FurnitureFittings 2023-04-01 2024-03-31 07907941 frs-core:MotorVehicles 2023-04-01 2024-03-31 07907941 frs-core:PlantMachinery 2024-03-31 07907941 frs-core:PlantMachinery 2023-04-01 2024-03-31 07907941 frs-core:PlantMachinery 2023-03-31 07907941 frs-core:WithinOneYear 2024-03-31 07907941 frs-core:ShareCapital 2024-03-31 07907941 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07907941 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07907941 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07907941 frs-bus:SmallEntities 2023-04-01 2024-03-31 07907941 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07907941 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07907941 frs-bus:Director1 2023-04-01 2024-03-31 07907941 frs-bus:Director2 2023-04-01 2024-03-31 07907941 frs-countries:EnglandWales 2023-04-01 2024-03-31 07907941 2022-03-31 07907941 2023-03-31 07907941 2022-04-01 2023-03-31 07907941 frs-core:CurrentFinancialInstruments 2023-03-31 07907941 frs-core:Non-currentFinancialInstruments 2023-03-31 07907941 frs-core:BetweenOneFiveYears 2023-03-31 07907941 frs-core:WithinOneYear 2023-03-31 07907941 frs-core:ShareCapital 2023-03-31 07907941 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07907941
Coopers Design & Build Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
LK & Associates Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07907941
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,135 1,104
Tangible Assets 5 14,691 17,051
16,826 18,155
CURRENT ASSETS
Debtors 6 179,358 106,267
Cash at bank and in hand 250,820 225,347
430,178 331,614
Creditors: Amounts Falling Due Within One Year 7 (294,355 ) (217,794 )
NET CURRENT ASSETS (LIABILITIES) 135,823 113,820
TOTAL ASSETS LESS CURRENT LIABILITIES 152,649 131,975
Creditors: Amounts Falling Due After More Than One Year 8 (13,093 ) (23,275 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,791 ) (3,239 )
NET ASSETS 136,765 105,461
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 136,665 105,361
SHAREHOLDERS' FUNDS 136,765 105,461
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For the year ending 31 March 2024 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
D Cooper
Director
16/10/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Coopers Design & Build Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07907941 . The registered office is Suite 4c, Rythe Centre, Claygate Lane, Thames Ditton, Surrey, KT7 0LE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are website development. It is amortised to profit and loss account over its estimated economic life of 8 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% on cost
Motor Vehicles 25% on cost
Fixtures & Fittings 25% on cost
Computer Equipment 25% on cost
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2023: 12)
13 12
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4. Intangible Assets
Development Costs
£
Cost
As at 1 April 2023 4,215
Additions 1,498
As at 31 March 2024 5,713
Amortisation
As at 1 April 2023 3,111
Impairment losses 467
As at 31 March 2024 3,578
Net Book Value
As at 31 March 2024 2,135
As at 1 April 2023 1,104
5. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 April 2023 41,225
Additions 3,931
As at 31 March 2024 45,156
Depreciation
As at 1 April 2023 24,174
Provided during the period 6,291
As at 31 March 2024 30,465
Net Book Value
As at 31 March 2024 14,691
As at 1 April 2023 17,051
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 71,182 50,835
Other debtors 108,176 55,432
179,358 106,267
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 181,188 50,903
Bounce back loan <1 year 10,182 9,929
Other creditors 25,241 81,870
Taxation and social security 77,744 75,092
294,355 217,794
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bounce back loan >1 year 13,093 23,275
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 6,050 6,600
Later than one year and not later than five years - 6,050
6,050 12,650
11. Related Party Transactions
Angel Property Holdings Ltd
Included in Other Debtors is a balance of £50,000 (2023: £50,000) due from Angel Property Holdings, a company inwhich the director, D Cooper, is also a director and shareholder. The loan is unsecured, interest free, and repayableon demand.
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