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REGISTERED NUMBER: 12391328 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Cooper Agritech Limited

Cooper Agritech Limited (Registered number: 12391328)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Cooper Agritech Limited

Company Information
for the Year Ended 31 January 2024







Directors: Mr. S C Cooper
Miss M Cooper





Registered office: Keepers Cottage
Green Lane
Elmswell
Driffield
East Yorkshire
YO25 3EL





Registered number: 12391328 (England and Wales)





Accountants: Ullyott Limited
6 George Street
Driffield
East Yorkshire
YO25 6RA

Cooper Agritech Limited (Registered number: 12391328)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,000 7,000
Tangible assets 5 276,218 130,716
282,218 137,716

CURRENT ASSETS
Stocks 6 - 500
Debtors 7 48,225 4,043
Cash at bank 42,778 48,401
91,003 52,944
CREDITORS
Amounts falling due within one year 8 214,768 164,789
NET CURRENT LIABILITIES (123,765 ) (111,845 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

158,453

25,871

CREDITORS
Amounts falling due after more than one
year

9

(78,891

)

-

PROVISIONS FOR LIABILITIES (13,090 ) -
NET ASSETS 66,472 25,871

CAPITAL AND RESERVES
Called up share capital 10 101 101
Retained earnings 66,371 25,770
SHAREHOLDERS' FUNDS 66,472 25,871

Cooper Agritech Limited (Registered number: 12391328)

Balance Sheet - continued
31 January 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2024 and were signed on its behalf by:





Mr. S C Cooper - Director


Cooper Agritech Limited (Registered number: 12391328)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Cooper Agritech 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.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

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.

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 - 25% on reducing balance
Motor vehicles - 25% 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 Statement of Income and Retained Earnings, 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.


Cooper Agritech Limited (Registered number: 12391328)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued
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
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 AND DIRECTORS

The average number of employees during the year was 5 (2023 - 3 ) .

Cooper Agritech Limited (Registered number: 12391328)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 10,000
AMORTISATION
At 1 February 2023 3,000
Charge for year 1,000
At 31 January 2024 4,000
NET BOOK VALUE
At 31 January 2024 6,000
At 31 January 2023 7,000

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 February 2023 162,562 16,259 178,821
Additions 159,500 26,804 186,304
At 31 January 2024 322,062 43,063 365,125
DEPRECIATION
At 1 February 2023 40,567 7,538 48,105
Charge for year 31,708 9,094 40,802
At 31 January 2024 72,275 16,632 88,907
NET BOOK VALUE
At 31 January 2024 249,787 26,431 276,218
At 31 January 2023 121,995 8,721 130,716

Cooper Agritech Limited (Registered number: 12391328)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. 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
Additions 113,000 26,804 139,804
Transfer to ownership 28,000 - 28,000
At 31 January 2024 141,000 26,804 167,804
DEPRECIATION
Charge for year 7,916 6,701 14,617
Transfer to ownership 1,167 - 1,167
At 31 January 2024 9,083 6,701 15,784
NET BOOK VALUE
At 31 January 2024 131,917 20,103 152,020

6. STOCKS
2024 2023
£    £   
Stocks - 500

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 45,444 3,043
Other debtors 2,781 1,000
48,225 4,043

Cooper Agritech Limited (Registered number: 12391328)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 38,891 -
Trade creditors 1,355 3,983
Corporation tax - 1,780
Social security and other taxes 3,063 596
VAT 2,176 1,333
Other creditors 2,273 1,447
Directors' current accounts 137,376 151,700
Accruals and deferred income 29,634 3,950
214,768 164,789

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Hire purchase contracts 78,891 -

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100
1 A Ordinary £1 1 1
101 101