IRIS Accounts Production v24.3.2.46 10760958 director 1.6.23 31.5.24 31.5.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh107609582023-05-31107609582024-05-31107609582023-06-012024-05-31107609582022-05-31107609582022-06-012023-05-31107609582023-05-3110760958ns15:EnglandWales2023-06-012024-05-3110760958ns14:PoundSterling2023-06-012024-05-3110760958ns10:Director12023-06-012024-05-3110760958ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3110760958ns10:SmallEntities2023-06-012024-05-3110760958ns10:AuditExemptWithAccountantsReport2023-06-012024-05-3110760958ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3110760958ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3110760958ns10:FullAccounts2023-06-012024-05-3110760958ns10:RegisteredOffice2023-06-012024-05-3110760958ns5:CurrentFinancialInstruments2024-05-3110760958ns5:CurrentFinancialInstruments2023-05-3110760958ns5:Non-currentFinancialInstruments2024-05-3110760958ns5:Non-currentFinancialInstruments2023-05-3110760958ns5:ShareCapital2024-05-3110760958ns5:ShareCapital2023-05-3110760958ns5:FurtherSpecificReserve3ComponentTotalEquity2024-05-3110760958ns5:FurtherSpecificReserve3ComponentTotalEquity2023-05-3110760958ns5:RetainedEarningsAccumulatedLosses2024-05-3110760958ns5:RetainedEarningsAccumulatedLosses2023-05-3110760958ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3110760958ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-31
REGISTERED NUMBER: 10760958 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Cooper & Westgate Developments Ltd

Cooper & Westgate Developments Ltd (Registered number: 10760958)






Contents of the Financial Statements
for the year ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

Cooper & Westgate Developments Ltd

Company Information
for the year ended 31 May 2024







DIRECTOR: P S Cooper





REGISTERED OFFICE: 8 Navigation Court
Calder Park
Wakefield
WF2 7BJ





REGISTERED NUMBER: 10760958 (England and Wales)





ACCOUNTANTS: Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ

Cooper & Westgate Developments Ltd (Registered number: 10760958)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,300,000 982,418

CURRENT ASSETS
Debtors 5 81 -
Cash at bank 33,665 45,330
33,746 45,330
CREDITORS
Amounts falling due within one year 6 457,011 455,969
NET CURRENT LIABILITIES (423,265 ) (410,639 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

876,735

571,779

CREDITORS
Amounts falling due after more than one
year

7

502,425

502,425
NET ASSETS 374,310 69,354

CAPITAL AND RESERVES
Called up share capital 103 103
Fair value reserve 9 317,582 -
Retained earnings 56,625 69,251
374,310 69,354

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 February 2025 and were signed by:





P S Cooper - Director


Cooper & Westgate Developments Ltd (Registered number: 10760958)

Notes to the Financial Statements
for the year ended 31 May 2024

1. STATUTORY INFORMATION

Cooper & Westgate Developments Ltd 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 as modified by the revaluation of certain assets.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023 982,418
Revaluations 317,582
At 31 May 2024 1,300,000
NET BOOK VALUE
At 31 May 2024 1,300,000
At 31 May 2023 982,418

The investment property has been valued at market value by the director.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 81 -

Cooper & Westgate Developments Ltd (Registered number: 10760958)

Notes to the Financial Statements - continued
for the year ended 31 May 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Taxation and social security 5,014 3,972
Other creditors 451,997 451,997
457,011 455,969

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans 502,425 502,425

8. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Bank loan 502,425 502,425

The company has an interest only mortgage, which is secured on the investment properties owed by the company.

9. RESERVES
Fair
value
reserve
£   
Revaluation 317,582

At 31 May 2024 317,582

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Cooper & Westgate Developments Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cooper & Westgate Developments Ltd for the year ended 31 May 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Cooper & Westgate Developments Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cooper & Westgate Developments Ltd and state those matters that we have agreed to state to the director of Cooper & Westgate Developments Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cooper & Westgate Developments Ltd and its director for our work or for this report.

It is your duty to ensure that Cooper & Westgate Developments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cooper & Westgate Developments Ltd. You consider that Cooper & Westgate Developments Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cooper & Westgate Developments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ


6 February 2025