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REGISTERED NUMBER: 01944715 (England and Wales)













Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Coopers Chemist Redcar Limited

Coopers Chemist Redcar Limited (Registered number: 01944715)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Coopers Chemist Redcar Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: Mrs L Cooper
J Cooper
Dr D W Cooper
J V Evans





SECRETARY: J Cooper





REGISTERED OFFICE: 112 High Street
Marske By The Sea
Redcar
Cleveland
TS11 7BA





REGISTERED NUMBER: 01944715 (England and Wales)





ACCOUNTANTS: Anderson Barrowcliff Limited
Chartered Accountants
3 Kingfisher Court
Bowesfield Park
Stockton on Tees
TS18 3EX

Coopers Chemist Redcar Limited (Registered number: 01944715)

Balance Sheet
28 February 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 133,032 145,394
Investments 5 147,089 147,089
Investment property 6 130,000 130,000
410,121 422,483

CURRENT ASSETS
Stocks 56,647 75,241
Debtors 7 364,521 377,421
Cash at bank and in hand 44,156 95,451
465,324 548,113
CREDITORS
Amounts falling due within one year 8 218,557 269,989
NET CURRENT ASSETS 246,767 278,124
TOTAL ASSETS LESS CURRENT
LIABILITIES

656,888

700,607

PROVISIONS FOR LIABILITIES - 4,036
NET ASSETS 656,888 696,571

CAPITAL AND RESERVES
Called up share capital 15,052 15,052
Share premium 231,190 231,190
Retained earnings 410,646 450,329
656,888 696,571

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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 11 June 2025 and were signed on its behalf by:




J Cooper - Director


Coopers Chemist Redcar Limited (Registered number: 01944715)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Coopers Chemist Redcar Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 - 20% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Investments in associates
Investments in associates are measured at cost less impairment.

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.

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.

Coopers Chemist Redcar Limited (Registered number: 01944715)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit and loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease,

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 11 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Long and Motor Computer
leasehold fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2024 257,136 97,649 25,433 8,890 389,108
Additions - - 12,586 - 12,586
Disposals - - (11,080 ) - (11,080 )
At 28 February 2025 257,136 97,649 26,939 8,890 390,614
DEPRECIATION
At 1 March 2024 127,667 81,724 25,433 8,890 243,714
Charge for year 10,498 12,876 1,574 - 24,948
Eliminated on disposal - - (11,080 ) - (11,080 )
At 28 February 2025 138,165 94,600 15,927 8,890 257,582
NET BOOK VALUE
At 28 February 2025 118,971 3,049 11,012 - 133,032
At 29 February 2024 129,469 15,925 - - 145,394

5. FIXED ASSET INVESTMENTS
Interest
in
associate
undertaking
£   
COST
At 1 March 2024
and 28 February 2025 147,089
NET BOOK VALUE
At 28 February 2025 147,089
At 29 February 2024 147,089

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated company

Clevechem Limited
Registered office: Redcar Primary Care Hospital, West Dyke Road, Redcar, Cleveland, TS10 4NW
Nature of business:
%
Class of shares: holding
Ordinary 48.78

Coopers Chemist Redcar Limited (Registered number: 01944715)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2024
and 28 February 2025 130,000
NET BOOK VALUE
At 28 February 2025 130,000
At 29 February 2024 130,000

Fair value at 28 February 2025 is represented by:
£   
Valuation in 2015 (50,609 )
Valuation in 2022 (30,000 )
Valuation in 2023 10,000
Cost 200,609
130,000

The property was valued on an open market basis by the directors.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 100,512 111,892
Amounts owed by group undertakings 256,282 250,977
Other debtors 7,727 14,552
364,521 377,421

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 117,026 167,256
Amounts owed to group undertakings 96,268 94,620
Taxation and social security 2,915 4,758
Other creditors 2,348 3,355
218,557 269,989

9. OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments not included in the statement of financial position is £395,010 (2024 - £430,650). This relates to operating lease commitments.

10. PARENT UNDERTAKING

The company's parent company is Coopers Chemist Marske Limited, who's registered office is 112 High Street, Marske By The Sea, Redcar, Cleveland, TS11 7BA.