REGISTERED NUMBER: 08320712 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Copper Clothing Ltd.

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Nathan John Cranstoun

Mr Mahesh Kanubhai Patel

Mr Mukesh Kanubhai Patel

REGISTERED OFFICE:

Copper House

Hayes Industrial Estate

Godstone Road

Caterham

Surrey

CR3 6SF

REGISTERED NUMBER:

08320712 (England and Wales)

FIXED ASSETS

Intangible assets

4

169,266

131,274

Tangible assets

5

216

270

169,482

131,544

CURRENT ASSETS

Stocks

87,420

92,405

Debtors

6

33,972

9,912

Cash at bank and in hand

7,661

6,131

129,053

108,448

CREDITORS

Amounts falling due within one year

7

2,629,470

1,918,032

NET CURRENT LIABILITIES

(2,500,417

)

(1,809,584

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,330,935

)

(1,678,040

)

CREDITORS

Amounts falling due after more than one year

8

165,833

175,833

NET LIABILITIES

(2,496,768

)

(1,853,873

)

CAPITAL AND RESERVES

Called up share capital

9

18

18

Share premium

324,992

324,992

Retained earnings

(2,821,778

)

(2,178,883

)

SHAREHOLDERS' FUNDS

(2,496,768

)

(1,853,873

)

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2025 and were signed on its behalf by:

Mr Mahesh Kanubhai Patel - Director

1.	STATUTORY INFORMATION

Copper Clothing 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.

Turnover

Turnover represents net sales of goods, excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Website are being amortised evenly over their estimated useful life of three years.

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

-

20% on reducing balance

Stocks

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

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

195,492

Additions

56,543

At 31 December 2024

252,035

AMORTISATION

At 1 January 2024

64,218

Charge for year

18,551

At 31 December 2024

82,769

NET BOOK VALUE

At 31 December 2024

169,266

At 31 December 2023

131,274

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

1,078

DEPRECIATION

At 1 January 2024

808

Charge for year

54

At 31 December 2024

862

NET BOOK VALUE

At 31 December 2024

216

At 31 December 2023

270

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

33,972

9,912

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

235,407

225,210

Taxation and social security

1,535

2,374

Other creditors

2,392,528

1,690,448

2,629,470

1,918,032

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

165,833

175,833

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1,776

Ordinary

£0.01

18

18