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REGISTERED NUMBER: 00195255 (England and Wales)














W M COOPER & SONS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






W M COOPER & SONS LIMITED (REGISTERED NUMBER: 00195255)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


W M COOPER & SONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: S J Cooper
Mrs H J Padley





REGISTERED OFFICE: Wrangle Hall
Hall End
Wrangle
Boston
Lincolnshire
PE22 9EZ





REGISTERED NUMBER: 00195255 (England and Wales)





ACCOUNTANTS: Dexter & Sharpe
Chartered Certified Accountants
The Old Vicarage
Church Close
Boston
Lincolnshire
PE21 6NA

W M COOPER & SONS LIMITED (REGISTERED NUMBER: 00195255)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 1,469,579 1,469,582

CURRENT ASSETS
Debtors 4 942,385 743,132
Investments 5 30 30
Cash at bank 54 54
942,469 743,216
CREDITORS
Amounts falling due within one year 6 179,616 152,236
NET CURRENT ASSETS 762,853 590,980
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,232,432

2,060,562

PROVISIONS FOR LIABILITIES 155,667 118,308
NET ASSETS 2,076,765 1,942,254

CAPITAL AND RESERVES
Called up share capital 9,600 9,600
Capital redemption reserve 5,400 5,400
Other reserves 664,031 664,031
Retained earnings 1,397,734 1,263,223
SHAREHOLDERS' FUNDS 7 2,076,765 1,942,254

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

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

W M COOPER & SONS LIMITED (REGISTERED NUMBER: 00195255)

BALANCE SHEET - continued
30 JUNE 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 31 December 2024 and were signed on its behalf by:





S J Cooper - Director


W M COOPER & SONS LIMITED (REGISTERED NUMBER: 00195255)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. 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 comprises management charges and the company's share of the partnership farming profits.

Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Tractors and Equipment 30% Reducing balance basis
Implements and Machinery 12.5% Reducing balance basis

Freehold property is not depreciated as it is maintained in such a way as to indefinitely lengthen its useful economic life, therefore and depreciation charge would be immaterial.

Deferred taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have been originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred taxation is measured on a non discounted basis at the average tax rates that would apply when the timing differences are expected to reverse, based on tax rates and laws that have been enacted by the balance sheet date.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

3. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 1,469,558 27,311 1,496,869
DEPRECIATION
At 1 July 2023 - 27,287 27,287
Charge for year - 3 3
At 30 June 2024 - 27,290 27,290
NET BOOK VALUE
At 30 June 2024 1,469,558 21 1,469,579
At 30 June 2023 1,469,558 24 1,469,582

W M COOPER & SONS LIMITED (REGISTERED NUMBER: 00195255)

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


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
WM Cooper & Sons 942,385 743,132

5. CURRENT ASSET INVESTMENTS

2019 2018
£ £
ECF Plc - 30 £1 Shares (in liquidation) 30 30


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Caytoft Farms Limited 113,724 113,724
Taxation and social security 32,914 9,828
Other creditors 32,978 28,684
179,616 152,236

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
S J Cooper
Balance outstanding at start of year - 868
Amounts repaid - (868 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

7. RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS
2024 2023
£    £   
Profit for the financial year 134,511 46,777
Opening shareholders' funds
Net addition to shareholders' funds 134,511 46,777
Opening shareholders' funds 1,942,254 1,895,477
Closing shareholders' funds 2,076,765 1,942,254