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Company Registration No. 03583003 (England and Wales)
Cooper Rail Limited Unaudited accounts for the year ended 31 March 2024
Cooper Rail Limited Unaudited accounts Contents
Page
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Cooper Rail Limited Company Information for the year ended 31 March 2024
Director
John A R Cooper
Secretary
Nadine C Cooper
Company Number
03583003 (England and Wales)
Registered Office
Tranmire High Street Lastingham York YO62 6TQ
Accountants
Net Accountancy Solutions Limited 35 Gripps Common Cotgrave Nottingham Nottinghamshire NG12 3TF
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Cooper Rail Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,083 
1,234 
Current assets
Debtors
2,854 
5,215 
Cash at bank and in hand
55,160 
71,149 
58,014 
76,364 
Creditors: amounts falling due within one year
(19,057)
(17,953)
Net current assets
38,957 
58,411 
Total assets less current liabilities
40,040 
59,645 
Provisions for liabilities
Other provisions
(131)
(131)
Net assets
39,909 
59,514 
Capital and reserves
Called up share capital
1,001 
1,001 
Profit and loss account
38,908 
58,513 
Shareholders' funds
39,909 
59,514 
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 November 2024 and were signed on its behalf by
John A R Cooper Director Company Registration No. 03583003
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Cooper Rail Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Cooper Rail Limited is a private company, limited by shares, registered in England and Wales, registration number 03583003. The registered office is Tranmire High Street, Lastingham, York, YO62 6TQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Turnover
The company operates the VAT Flat Rate scheme and turnover is shown net of the appropriate VAT percentage. Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Cooper Rail Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2023
9,225 
Additions
210 
At 31 March 2024
9,435 
Depreciation
At 1 April 2023
7,991 
Charge for the year
361 
At 31 March 2024
8,352 
Net book value
At 31 March 2024
1,083 
At 31 March 2023
1,234 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,208 
4,994 
Accrued income and prepayments
545 
120 
Other debtors
101 
101 
2,854 
5,215 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
11 
11 
Taxes and social security
9,047 
10,298 
Other creditors
4,434 
3,965 
Loans from directors
3,845 
1,920 
Accruals
1,720 
1,759 
19,057 
17,953 
7
Transactions with related parties
Assorted expenses were paid by the director during the year. These amounts are interest free and repayable on demand. At the end of the year £3,845 was owing to the director from the company (2023: £1,920).
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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