Cooper Associates Accountants Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10067041 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Cooper Associates Accountants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L A Cooper

J Cooper

Mrs D Cooper

Mrs S D Jackson

K J Parsons

REGISTERED OFFICE:

40 St James Buildings

St James Street

Taunton

Somerset

TA1 1JR

REGISTERED NUMBER:

10067041 (England and Wales)

ACCOUNTANTS:

A C Mole LLP

Stafford House

Blackbrook Park Avenue

Taunton

Somerset

TA1 2PX

FIXED ASSETS

Intangible assets

4

1,127

2,357

Tangible assets

5

1,503

288

2,630

2,645

CURRENT ASSETS

Debtors

6

415,125

403,839

Cash at bank

19,258

15,974

434,383

419,813

CREDITORS

Amounts falling due within one year

7

393,313

392,363

NET CURRENT ASSETS

41,070

27,450

TOTAL ASSETS LESS CURRENT
LIABILITIES

43,700

30,095

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

43,600

29,995

SHAREHOLDERS' FUNDS

43,700

30,095

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

Mrs D Cooper - Director

1.	STATUTORY INFORMATION

Cooper Associates Accountants 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

20% on reducing balance

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.

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.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. In forming this view, the directors have considered the Company's dependence on the continued financial support of the group companies. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

6,150

AMORTISATION

At 1 January 2024

3,793

Charge for year

1,230

At 31 December 2024

5,023

NET BOOK VALUE

At 31 December 2024

1,127

At 31 December 2023

2,357

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

1,616

Additions

1,415

At 31 December 2024

3,031

DEPRECIATION

At 1 January 2024

1,328

Charge for year

200

At 31 December 2024

1,528

NET BOOK VALUE

At 31 December 2024

1,503

At 31 December 2023

288

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

177,080

167,997

Other debtors

27,148

27,620

Directors' current accounts

85,466

84,876

Prepayments and Accrued income

125,431

123,346

415,125

403,839

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade creditors

9,781

8,745

Amounts owed to group undertakings

279,313

Tax

21,479

29,260

Social security and other taxes

9,247

9,825

VAT

56,738

46,144

Accruals and deferred income

16,755

19,076

393,313

392,363

The full amounts held in owed to group undertakings: 2024: £279,313 (2023: £279,313) are unsecured and repayable on demand

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

50

Ordinary A

1

50

Ordinary B

1

50

100

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

K J Parsons

Balance outstanding at start of year

84,876

115,228

Amounts advanced

54,041

48,515

Amounts repaid

(53,451

)

(78,867

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

85,466

84,876

10.	RELATED PARTY DISCLOSURES

The directors confirm that there were no related party transactions requiring disclosure during the year ended 31 December 2024.