Registered number
09054457
Richard Cooper and Son Ltd
Filleted Accounts
31 May 2024
Richard Cooper and Son Ltd
Registered number: 09054457
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 10,600 10,600
Tangible assets 4 15,351 21,745
25,951 32,345
Current assets
Debtors 5 920 2,189
Cash at bank and in hand 1,800 1,312
2,720 3,501
Creditors: amounts falling due within one year 6 (4,382) (7,737)
Net current liabilities (1,662) (4,236)
Total assets less current liabilities 24,289 28,109
Creditors: amounts falling due after more than one year 7 (28,356) (33,385)
Net liabilities (4,067) (5,276)
Capital and reserves
Profit and loss account (4,067) (5,276)
Shareholder's funds (4,067) (5,276)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Richard Cooper
Director
Approved by the board on 6 December 2024
Richard Cooper and Son Ltd
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 1
3 Intangible fixed assets £
Goodwill:
Cost
At 1 June 2023 10,600
At 31 May 2024 10,600
Amortisation
At 31 May 2024 -
Net book value
At 31 May 2024 10,600
At 31 May 2023 10,600
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 June 2023 60,143 2,308 62,451
At 31 May 2024 60,143 2,308 62,451
Depreciation
At 1 June 2023 38,626 2,080 40,706
Charge for the year 6,337 57 6,394
At 31 May 2024 44,963 2,137 47,100
Net book value
At 31 May 2024 15,180 171 15,351
At 31 May 2023 21,517 228 21,745
5 Debtors 2024 2023
£ £
Trade debtors 920 2,189
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 10,123 3,484
Taxation and social security costs (268) -
Other creditors (5,473) 4,253
4,382 7,737
7 Creditors: amounts falling due after one year 2024 2023
£ £
VW Financial Services 23,240 26,458
Bounce Back Loan 5,116 6,927
28,356 33,385
8 Other information
Richard Cooper and Son Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Little Owlswick
The Street
Aylmerton
Norwich
NR11 8AA
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