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REGISTERED NUMBER: 02419790 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CO-OPTIONS LTD.

CO-OPTIONS LTD. (REGISTERED NUMBER: 02419790)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CO-OPTIONS LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr A S J Lowe
Miss A Tucker





SECRETARY: Mrs J Donnelly





REGISTERED OFFICE: Co-Options Buildings
Victoria Avenue
Prestatyn
DENBIGHSHIRE
LL19 9DF





REGISTERED NUMBER: 02419790 (England and Wales)





ACCOUNTANTS: Williams Denton Cyf
Chartered Certified Accountants
Glaslyn
Ffordd y Parc
Parc Menai
Bangor
Gwynedd
LL57 4FE

CO-OPTIONS LTD. (REGISTERED NUMBER: 02419790)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 287,898 276,272

CURRENT ASSETS
Stocks 44,912 35,075
Debtors 5 154,269 118,867
Cash at bank and in hand 817,313 705,733
1,016,494 859,675
CREDITORS
Amounts falling due within one year 6 133,592 113,786
NET CURRENT ASSETS 882,902 745,889
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,170,800

1,022,161

CREDITORS
Amounts falling due after more than one
year

7

5,000

15,000
NET ASSETS 1,165,800 1,007,161

RESERVES
Income and expenditure account 1,165,800 1,007,161
1,165,800 1,007,161

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 surplus or deficit 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.

CO-OPTIONS LTD. (REGISTERED NUMBER: 02419790)

BALANCE SHEET - continued
31 DECEMBER 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 28 May 2025 and were signed on its behalf by:





Mr A S J Lowe - Director


CO-OPTIONS LTD. (REGISTERED NUMBER: 02419790)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Co-Options Ltd. is a private company, limited by guarantee , 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.

Turnover
Turnover represents net invoiced sales of goods, local authority contract income and grant income, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and at varying rates on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to surplus or deficit 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 53 (2023 - 50 ) .

CO-OPTIONS LTD. (REGISTERED NUMBER: 02419790)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024 200,223 344,013 544,236
Additions - 35,272 35,272
Disposals - (11,900 ) (11,900 )
At 31 December 2024 200,223 367,385 567,608
DEPRECIATION
At 1 January 2024 - 267,964 267,964
Charge for year - 23,479 23,479
Eliminated on disposal - (11,733 ) (11,733 )
At 31 December 2024 - 279,710 279,710
NET BOOK VALUE
At 31 December 2024 200,223 87,675 287,898
At 31 December 2023 200,223 76,049 276,272

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 133,509 116,683
Other debtors 20,760 2,184
154,269 118,867

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 11,676 20,798
Taxation and social security 100,869 76,924
Other creditors 21,047 16,064
133,592 113,786

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 5,000 15,000

CO-OPTIONS LTD. (REGISTERED NUMBER: 02419790)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 39,878 34,487
Between one and five years 46,389 86,267
86,267 120,754