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REGISTERED NUMBER: 06214660 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

COOPERS PROPERTY COMPANY LIMITED

COOPERS PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 06214660)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COOPERS PROPERTY COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: M A Cooper
A B Cooper





SECRETARY: M A Cooper





REGISTERED OFFICE: c/o Philip Barnes & Co
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB





REGISTERED NUMBER: 06214660 (England and Wales)





ACCOUNTANTS: Philip Barnes & Co Limited
Chartered Accountants
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB

COOPERS PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 06214660)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 769,500 618,000

CURRENT ASSETS
Debtors 5 1,407,845 1,432,411
Cash at bank 17,680 6,175
1,425,525 1,438,586
CREDITORS
Amounts falling due within one year 6 148,590 82,761
NET CURRENT ASSETS 1,276,935 1,355,825
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,046,435

1,973,825

CREDITORS
Amounts falling due after more than one
year

7

-

(5,007

)

PROVISIONS FOR LIABILITIES (69,987 ) (31,796 )
NET ASSETS 1,976,448 1,937,022

CAPITAL AND RESERVES
Called up share capital 8 110 110
Share premium 1,249,967 1,249,967
Revaluation reserve 9 328,933 215,624
Retained earnings 397,438 471,321
SHAREHOLDERS' FUNDS 1,976,448 1,937,022

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

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

COOPERS PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 06214660)

BALANCE SHEET - continued
31 OCTOBER 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by:





A B Cooper - Director


COOPERS PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 06214660)

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

1. STATUTORY INFORMATION

Coopers Property Company 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.

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.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent market value or cost. No depreciation is charged on investment properties, whilst this is a departure from the companies act 2006 as investment properties are held for investment rather than consumption the directors consider this policy necessary to give a true and fair view.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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

The average number of employees during the year was 2 (2023 - 2 ) .

COOPERS PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 06214660)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023 618,000
Revaluations 151,500
At 31 October 2024 769,500
NET BOOK VALUE
At 31 October 2024 769,500
At 31 October 2023 618,000

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2014 98,000
Valuation in 2021 153,000
Valuation in 2024 151,500
Cost 367,000
769,500

If investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 367,000 367,000

Investment properties were valued on an open market basis on 31 October 2024 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 13,390 18,824
Other debtors 1,394,455 1,413,587
1,407,845 1,432,411

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,007 30,703
Trade creditors 8,299 6,101
Taxation and social security 44,039 35,269
Other creditors 91,245 10,688
148,590 82,761

COOPERS PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 06214660)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 5,007

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
110 Ordinary £1 110 110

9. RESERVES
Revaluation
reserve
£   
At 1 November 2023 215,624
Increase in value in the year 151,500
Deferred tax on gain (38,191 )

At 31 October 2024 328,933

10. CONTINGENT LIABILITIES

If any of the properties owned by the company are built on contaminated land the holding company holds a contamination fund account of £100,000 contributed towards by all subsidiaries to cover costs in relation to the investment properties.

The directors are unable to state whether or not this fund will be sufficient to cover any potential liabilities arising as a result of contamination. If it is insufficient the company will incur the excess costs of the contamination relating to its own properties as well as its contribution to the fund.

If other companies in the group claim against the fund the company will contribute up to a maximum of £14,285 which is included in other debtors.

11. OTHER FINANCIAL COMMITMENTS

The company has received £175,000 in respect of taking on a unknown liability in respect of sewerage costs. No liability has been included in the accounts.

The company is committed by covenant to issuing dividends or cash contributions to the holding company sufficient to pay preference share dividends of £12,834 per year unless paid by the directors personally.

12. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

COOPERS PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 06214660)

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

12. RELATED PARTY DISCLOSURES - continued

Transactions with entities in which the directors have a participating interest.

20242023
££
Amount due from related party900,264919,344


Transactions with key management personnel:

20242023
££
Amounts due to (from) related party(80,133)(132)

Transactions with entities with control, joint control or significant influence over the entity:

20242023
££
Amount due from related party1,104,5031,104,503
Bad debt provision already provided(625,266)(625,266)