Silverfin false false 31/03/2025 01/04/2024 31/03/2025 Mr J A Copas 21/11/2017 Mr R W Copas 21/11/2017 06 October 2025 The principal activity of the Company during the financial year is that of commercial and residential construction work. 11073348 2025-03-31 11073348 bus:Director1 2025-03-31 11073348 bus:Director2 2025-03-31 11073348 2024-03-31 11073348 core:CurrentFinancialInstruments 2025-03-31 11073348 core:CurrentFinancialInstruments 2024-03-31 11073348 core:Non-currentFinancialInstruments 2025-03-31 11073348 core:Non-currentFinancialInstruments 2024-03-31 11073348 core:ShareCapital 2025-03-31 11073348 core:ShareCapital 2024-03-31 11073348 core:RetainedEarningsAccumulatedLosses 2025-03-31 11073348 core:RetainedEarningsAccumulatedLosses 2024-03-31 11073348 core:OtherPropertyPlantEquipment 2024-03-31 11073348 core:OtherPropertyPlantEquipment 2025-03-31 11073348 2024-04-01 2025-03-31 11073348 bus:FilletedAccounts 2024-04-01 2025-03-31 11073348 bus:SmallEntities 2024-04-01 2025-03-31 11073348 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 11073348 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11073348 bus:Director1 2024-04-01 2025-03-31 11073348 bus:Director2 2024-04-01 2025-03-31 11073348 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 11073348 2022-12-01 2024-03-31 11073348 core:CurrentFinancialInstruments 2024-04-01 2025-03-31 11073348 core:Non-currentFinancialInstruments 2024-04-01 2025-03-31 11073348 1 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Company No: 11073348 (England and Wales)

# COPAS BROTHERS (CONSTRUCTION) LIMITED

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

COPAS BROTHERS (CONSTRUCTION) LIMITED

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

COPAS BROTHERS (CONSTRUCTION) LIMITED

## BALANCE SHEET

As at 31 March 2025
COPAS BROTHERS (CONSTRUCTION) LIMITED

## BALANCE SHEET (continued)

As at 31 March 2025

| Note | 31.03.2025 |  | 31.03.2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 24,392 |  | 31,920
|  | 24,392 |  | 31,920
Current assets |  |  |  |
Debtors | 4 | 954,645 |  | 1,645,525
Cash at bank and in hand |  | 10,000 |  | 10,000
|  | 964,645 |  | 1,655,525
Creditors: amounts falling due within one year | 5 | ( 944,141) |  | ( 474,335)
Net current assets |  | 20,504 |  | 1,181,190
Total assets less current liabilities |  | 44,896 |  | 1,213,110
Creditors: amounts falling due after more than one year | 6 | 0 |  | ( 1,179,566)
Net assets |  | 44,896 |  | 33,544
Capital and reserves |  |  |  |
Called-up share capital |  | 2 |  | 2
Profit and loss account |  | 44,894 |  | 33,542
Total shareholder's funds |  | 44,896 |  | 33,544

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Copas Brothers (Construction) Limited (registered number: 11073348) were approved and authorised for issue by the Board of Directors on 06 October 2025. They were signed on its behalf by:

Mr R W Copas Director |

COPAS BROTHERS (CONSTRUCTION) LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
COPAS BROTHERS (CONSTRUCTION) LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

##### General information and basis of accounting

Copas Brothers (Construction) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Hedsor Park Farm Heathfield Road, Taplow, Maidenhead, SL6 0FE, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Reporting period length

Last year, the reporting period length had been lengthened to 16 months to coincide with similar companies reported on by the accounting function, therefore the comparatives may not show a true comparison.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the normal amount received is recognised as interest income.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that is probable will be recovered.

##### Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised as an expense when the Company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. | 20 - 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Impairment of assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discontinued to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.
If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

#### 2. Employees

| Year ended 31.03.2025 |  | Period from 01.12.2022 to 31.03.2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 18 |  | 19

#### 3. Tangible assets

| Plant and machinery etc. |  | Total
| £ |  | £
Cost |  |  |
At 01 April 2024 | 57,789 |  | 57,789
At 31 March 2025 | 57,789 |  | 57,789
Accumulated depreciation |  |  |
At 01 April 2024 | 25,869 |  | 25,869
Charge for the financial year | 7,528 |  | 7,528
At 31 March 2025 | 33,397 |  | 33,397
Net book value |  |  |
At 31 March 2025 | 24,392 |  | 24,392
At 31 March 2024 | 31,920 |  | 31,920

#### 4. Debtors

| 31.03.2025 |  | 31.03.2024
| £ |  | £
Trade debtors | 954,645 |  | 1,645,525

#### 5. Creditors: amounts falling due within one year

| 31.03.2025 |  | 31.03.2024
| £ |  | £
Trade creditors | 173,749 |  | 371,941
Taxation and social security | 118,535 |  | 102,394
Other creditors | 651,857 |  | 0
| 944,141 |  | 474,335

The amount of £648,768 (2024: £Nil) within creditors due in a year is a loan from the company's parent. Interest is charged at a fixed rate of 3% per annum, and the full amount is repayable on demand.

#### 6. Creditors: amounts falling due after more than one year

| 31.03.2025 |  | 31.03.2024
| £ |  | £
Amounts owed to Group undertakings | 0 |  | 1,179,566

There are no amounts included above in respect of which any security has been given by the small entity.

#### 7. Related party transactions

Transactions with owners holding a participating interest in the entity

The company has taken advantage of the exemptions provided by Section 33 of FRS 102 'Related Party Disclosures' and has not disclosed transactions entered into between two or more members of a group, provided that any subsidiary undertaking which is party to the transaction is wholly owned by a member of that group.

#### 8. Ultimate controlling party

Parent Company:

Copas Brothers (Farms) Limited
Hedsor Park Farm, Heathfield Road, Taplow, Buckinghamshire, SL60HX

The ultimate controlling party is R W Copas and J A Copas by virtue of their equal shareholdings in the parents company Copas Brothers (Farms) Limited.