Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31No description of principal activity02024-01-01false4truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07863860 2024-01-01 2024-12-31 07863860 2023-01-01 2023-12-31 07863860 2024-12-31 07863860 2023-12-31 07863860 c:Director1 2024-01-01 2024-12-31 07863860 d:FurnitureFittings 2024-01-01 2024-12-31 07863860 d:FurnitureFittings 2024-12-31 07863860 d:FurnitureFittings 2023-12-31 07863860 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 07863860 d:OfficeEquipment 2024-01-01 2024-12-31 07863860 d:OfficeEquipment 2024-12-31 07863860 d:OfficeEquipment 2023-12-31 07863860 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 07863860 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 07863860 d:CurrentFinancialInstruments 2024-12-31 07863860 d:CurrentFinancialInstruments 2023-12-31 07863860 d:CurrentFinancialInstruments 1 2024-12-31 07863860 d:CurrentFinancialInstruments 1 2023-12-31 07863860 d:Non-currentFinancialInstruments 2024-12-31 07863860 d:Non-currentFinancialInstruments 2023-12-31 07863860 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 07863860 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07863860 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 07863860 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 07863860 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-12-31 07863860 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 07863860 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-12-31 07863860 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 07863860 d:ShareCapital 2024-12-31 07863860 d:ShareCapital 2023-12-31 07863860 d:RetainedEarningsAccumulatedLosses 2024-12-31 07863860 d:RetainedEarningsAccumulatedLosses 2023-12-31 07863860 c:FRS102 2024-01-01 2024-12-31 07863860 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07863860 c:FullAccounts 2024-01-01 2024-12-31 07863860 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07863860 2 2024-01-01 2024-12-31 07863860 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 07863860 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 07863860 d:TaxLossesCarry-forwardsDeferredTax 2024-12-31 07863860 d:TaxLossesCarry-forwardsDeferredTax 2023-12-31 07863860 f:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered number: 07863860








COOPER GOLDING LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024



 















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COOPER GOLDING LIMITED
REGISTERED NUMBER:07863860

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,519
1,224

  
1,519
1,224

Current assets
  

Debtors: amounts falling due within one year
 5 
135,062
121,107

Cash at bank and in hand
  
-
22,451

  
135,062
143,558

Creditors: amounts falling due within one year
 6 
(219,714)
(193,813)

Net current liabilities
  
 
 
(84,652)
 
 
(50,255)

Total assets less current liabilities
  
(83,133)
(49,031)

Creditors: amounts falling due after more than one year
 7 
(14,761)
(105,776)

  

Net liabilities
  
(97,894)
(154,807)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(97,994)
(154,907)

  
(97,894)
(154,807)


Page 1

 
COOPER GOLDING LIMITED
REGISTERED NUMBER:07863860
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 April 2025.


P Golby
Director

The notes on pages 3 to 11 form part of these financial statements.

Page 2

 
COOPER GOLDING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Cooper Golding Limited is a private company, limited by shares, domiciled in England and Wales, registration number 07863860. The registered office is Courtenay House, Pynes Hill, Exeter, England, EX2 5AZ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director has considered the financial position of the company and notes that the company is in a net liability position. The company has the full support of the director so will have sufficient resources should it need to discharge its obligations with its creditors. It is therefore considered a going concern. 

 
2.3

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
COOPER GOLDING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


Page 4

 
COOPER GOLDING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
Straight Line
Office equipment
-
20%
Straight Line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.13

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 5

 
COOPER GOLDING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.14

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Impairment of financial assets

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

 
Page 6

 
COOPER GOLDING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


2.14
Financial instruments (continued)


Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 3).

Page 7

 
COOPER GOLDING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 January 2024
1,795
20,040
21,835


Additions
1,250
-
1,250


Disposals
-
(1,021)
(1,021)



At 31 December 2024

3,045
19,019
22,064



Depreciation


At 1 January 2024
1,392
19,219
20,611


Charge for the year on owned assets
514
441
955


Disposals
-
(1,021)
(1,021)



At 31 December 2024

1,906
18,639
20,545



Net book value



At 31 December 2024
1,139
380
1,519



At 31 December 2023
403
821
1,224



5.


Debtors

2024
2023
£
£


Trade debtors excluding factored debts
9,901
20,274

Factored debts
73,877
47,533

Other debtors
2,972
21,851

Prepayments and accrued income
21,366
21,821

Deferred taxation
26,946
9,628

135,062
121,107








Page 8

 
COOPER GOLDING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
189
-

Bank loans
95,182
80,848

Trade creditors
7,005
5,953

Other taxation and social security
78,851
83,309

Proceeds of factored debts
32,721
10,530

Other creditors
5,766
13,173

219,714
193,813



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
14,761
105,776

14,761
105,776


Page 9

 
COOPER GOLDING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
95,182
80,848


95,182
80,848

Amounts falling due 1-2 years

Bank loans
14,761
91,015


14,761
91,015

Amounts falling due 2-5 years

Bank loans
-
14,761


-
14,761


109,943
186,624



9.


Deferred taxation




2024


£






At beginning of year
9,628


Charged to profit or loss
17,318



At end of year
26,946

Page 10

 
COOPER GOLDING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
 
9.Deferred taxation (continued)

The deferred tax asset is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(379)
-

Tax losses carried forward
27,325
9,628

26,946
9,628


10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £6,452 (2023 - £5,426). Contributions totalling £482 (2023 - £525) were payable to the fund at the balance sheet date and are included in creditors.

 
Page 11