REGISTERED NUMBER: 02107680 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

COPLAN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P Mazaher

Mr J B Kent

Mr D Winner

REGISTERED OFFICE:

28 Vincent Avenue

Milton Keynes

Buckinghamshire

MK8 0AB

REGISTERED NUMBER:

02107680 (England and Wales)

ACCOUNTANTS:

Ad Valorem Accountancy Services Limited

Chartered Certified Accountants

2 Manor Farm Court

Old Wolverton Road

Old Wolverton

Buckinghamshire

MK12 5NN

FIXED ASSETS

Intangible assets

4

81,274

54,861

Tangible assets

5

29,679

23,835

110,953

78,696

CURRENT ASSETS

Stocks

8,928

15,000

Debtors

6

197,297

244,964

Cash at bank

97,159

80,510

303,384

340,474

CREDITORS

Amounts falling due within one year

7

160,492

176,927

NET CURRENT ASSETS

142,892

163,547

TOTAL ASSETS LESS CURRENT LIABILITIES

253,845

242,243

CREDITORS

Amounts falling due after more than one year

8

22,903

16,513

NET ASSETS

230,942

225,730

CAPITAL AND RESERVES

Called up share capital

9

5,100

5,100

Capital redemption reserve

4,900

4,900

Retained earnings

220,942

215,730

SHAREHOLDERS' FUNDS

230,942

225,730

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 25 September 2025 and were signed on its behalf by:

Mr P Mazaher - Director

1.	STATUTORY INFORMATION

Coplan 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.

TURNOVER

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

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.

Development costs are being amortised evenly over their estimated useful life of five years.

Computer software is being amortised evenly over its 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.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% 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.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Development

Computer

costs

software

Totals

£

£

£

COST

At 1 January 2024

59,708

7,598

67,306

Additions

38,932

-

38,932

At 31 December 2024

98,640

7,598

106,238

AMORTISATION

At 1 January 2024

5,858

6,587

12,445

Amortisation for year

11,941

578

12,519

At 31 December 2024

17,799

7,165

24,964

NET BOOK VALUE

At 31 December 2024

80,841

433

81,274

At 31 December 2023

53,850

1,011

54,861

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 January 2024

153,131

15,061

168,192

Additions

3,660

21,746

25,406

At 31 December 2024

156,791

36,807

193,598

DEPRECIATION

At 1 January 2024

130,805

13,552

144,357

Charge for year

15,560

4,002

19,562

At 31 December 2024

146,365

17,554

163,919

NET BOOK VALUE

At 31 December 2024

10,426

19,253

29,679

At 31 December 2023

22,326

1,509

23,835

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

69,850

101,031

Other debtors

127,447

143,933

197,297

244,964

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,354

10,099

Hire purchase contracts

4,366

13,330

Trade creditors

39,177

42,348

Taxation and social security

26,682

27,492

Other creditors

79,913

83,658

160,492

176,927

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

6,159

16,513

Hire purchase contracts

16,744

-

22,903

16,513

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

510,000

Ordinary

0.01

5,100

5,100