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REGISTERED NUMBER: 08313446















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2024

FOR

COOPER AND CO. (SUTTON) LIMITED

COOPER AND CO. (SUTTON) LIMITED (REGISTERED NUMBER: 08313446)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COOPER AND CO. (SUTTON) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTORS: A H Patel
Mrs S A Patel
S A Patel





REGISTERED OFFICE: 3-5 Grove Road
Sutton
Surrey
SM1 1BB





REGISTERED NUMBER: 08313446






COOPER AND CO. (SUTTON) LIMITED (REGISTERED NUMBER: 08313446)

BALANCE SHEET
30TH APRIL 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 756,000 840,000
Tangible assets 5 6,979 7,652
Investment property 6 1,800,000 1,800,000
2,562,979 2,647,652

CURRENT ASSETS
Stocks 71,041 69,975
Debtors 7 147,960 107,295
Cash at bank and in hand 1,067,691 1,041,593
1,286,692 1,218,863
CREDITORS
Amounts falling due within one year 8 (421,260 ) (566,426 )
NET CURRENT ASSETS 865,432 652,437
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,428,411

3,300,089

CREDITORS
Amounts falling due after more than one
year

9

(814,977

)

(1,014,977

)

PROVISIONS FOR LIABILITIES 10 (59,787 ) (72,352 )
NET ASSETS 2,553,647 2,212,760

CAPITAL AND RESERVES
Called up share capital 11 100 100
Revaluation reserve 12 283,511 271,115
Retained earnings 12 2,270,036 1,941,545
SHAREHOLDERS' FUNDS 2,553,647 2,212,760

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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.

COOPER AND CO. (SUTTON) LIMITED (REGISTERED NUMBER: 08313446)

BALANCE SHEET - continued
30TH APRIL 2024


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 Board of Directors and authorised for issue on 22nd November 2024 and were signed on its behalf by:





S A Patel - Director


COOPER AND CO. (SUTTON) LIMITED (REGISTERED NUMBER: 08313446)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

Cooper and Co. (Sutton) Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty 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.
Fixtures and fittings - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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.

COOPER AND CO. (SUTTON) LIMITED (REGISTERED NUMBER: 08313446)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
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 11 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st May 2023
and 30th April 2024 1,680,000
AMORTISATION
At 1st May 2023 840,000
Amortisation for year 84,000
At 30th April 2024 924,000
NET BOOK VALUE
At 30th April 2024 756,000
At 30th April 2023 840,000

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st May 2023 38,256
Additions 4,379
Disposals (30,073 )
At 30th April 2024 12,562
DEPRECIATION
At 1st May 2023 30,604
Charge for year 2,246
Eliminated on disposal (27,267 )
At 30th April 2024 5,583
NET BOOK VALUE
At 30th April 2024 6,979
At 30th April 2023 7,652

COOPER AND CO. (SUTTON) LIMITED (REGISTERED NUMBER: 08313446)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st May 2023
and 30th April 2024 1,800,000
NET BOOK VALUE
At 30th April 2024 1,800,000
At 30th April 2023 1,800,000

Fair value at 30th April 2024 is represented by:
£   
Valuation in 2024 341,554
Cost 1,458,446
1,800,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,458,446 1,458,446

Investment property was valued on an open market basis on 30th April 2024 by S A Patel - Director .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 131,847 91,472
Other debtors and prepayments 2,955 2,923
VAT 13,158 12,900
147,960 107,295

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 174,113 179,269
Tax 137,976 95,227
Social security and other taxes 1,037 196
Other creditors and accruals 22,689 3,351
Directors' current accounts 85,445 288,383
421,260 566,426

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Directors' loan accounts 814,977 1,014,977

COOPER AND CO. (SUTTON) LIMITED (REGISTERED NUMBER: 08313446)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 59,787 72,352

Deferred
tax
£   
Balance at 1st May 2023 72,352
Provided during year (12,565 )
Balance at 30th April 2024 59,787

11. CALLED UP SHARE CAPITAL

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

12. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1st May 2023 1,941,545 271,115 2,212,660
Profit for the year 340,887 340,887
Deferred tax provision (12,396 ) 12,396 -
At 30th April 2024 2,270,036 283,511 2,553,547