Acorah Software Products - Accounts Production 16.5.460 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 04108225 Roseanne Jean Coppin Ronald Charles Coppin Charles Harrison Coppin Janice Patricia Coppin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04108225 2023-11-30 04108225 2024-11-30 04108225 2023-12-01 2024-11-30 04108225 frs-core:CurrentFinancialInstruments 2024-11-30 04108225 frs-core:Non-currentFinancialInstruments 2024-11-30 04108225 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 04108225 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 04108225 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 04108225 frs-core:MotorVehicles 2024-11-30 04108225 frs-core:MotorVehicles 2023-12-01 2024-11-30 04108225 frs-core:MotorVehicles 2023-11-30 04108225 frs-core:PlantMachinery 2024-11-30 04108225 frs-core:PlantMachinery 2023-12-01 2024-11-30 04108225 frs-core:PlantMachinery 2023-11-30 04108225 frs-core:RevaluationReserve 2023-11-30 04108225 frs-core:RevaluationReserve 2024-11-30 04108225 frs-core:ShareCapital 2024-11-30 04108225 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 04108225 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 04108225 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 04108225 frs-bus:SmallEntities 2023-12-01 2024-11-30 04108225 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 04108225 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 04108225 frs-bus:Director1 2023-12-01 2024-11-30 04108225 frs-bus:Director2 2023-12-01 2024-11-30 04108225 frs-bus:Director3 2023-12-01 2024-11-30 04108225 frs-bus:CompanySecretary1 2023-12-01 2024-11-30 04108225 frs-core:CurrentFinancialInstruments 1 2024-11-30 04108225 frs-countries:EnglandWales 2023-12-01 2024-11-30 04108225 2022-11-30 04108225 2023-11-30 04108225 2022-12-01 2023-11-30 04108225 frs-core:CurrentFinancialInstruments 2023-11-30 04108225 frs-core:Non-currentFinancialInstruments 2023-11-30 04108225 frs-core:RevaluationReserve 2023-11-30 04108225 frs-core:ShareCapital 2023-11-30 04108225 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 04108225 frs-core:CurrentFinancialInstruments 1 2023-11-30
Registered number: 04108225
R. C. Coppin Limited
Financial Statements
For The Year Ended 30 November 2024
C. R. A. S. L.
Carlton Park House
Carlton Park Industrial Estate
Saxmundham
Suffolk
IP17 2NU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04108225
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 523,671 525,696
523,671 525,696
CURRENT ASSETS
Stocks 5 301,000 301,000
Debtors 6 87,964 72,945
Cash at bank and in hand 1 -
388,965 373,945
Creditors: Amounts Falling Due Within One Year 7 (130,431 ) (106,132 )
NET CURRENT ASSETS (LIABILITIES) 258,534 267,813
TOTAL ASSETS LESS CURRENT LIABILITIES 782,205 793,509
Creditors: Amounts Falling Due After More Than One Year 8 (466,802 ) (408,565 )
NET ASSETS 315,403 384,944
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 313,293 313,293
Profit and Loss Account 2,010 71,551
SHAREHOLDERS' FUNDS 315,403 384,944
Page 1
Page 2
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Charles Harrison Coppin
Director
27/08/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
R. C. Coppin Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04108225 . The registered office is The Manse, The Drive Rivenhall End, Witham, Essex, CM8 3HR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 20% Reducing Balance
Plant & Machinery 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 9)
4 9
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 December 2023 598,000 294,774 24,120 916,894
Additions - 22,610 - 22,610
As at 30 November 2024 598,000 317,384 24,120 939,504
Depreciation
As at 1 December 2023 138,736 231,604 20,858 391,198
Provided during the period 6,828 17,154 653 24,635
As at 30 November 2024 145,564 248,758 21,511 415,833
...CONTINUED
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Net Book Value
As at 30 November 2024 452,436 68,626 2,609 523,671
As at 1 December 2023 459,264 63,170 3,262 525,696
5. Stocks
2024 2023
£ £
Stock 150,000 150,000
Work in progress 151,000 151,000
301,000 301,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 65,544 70,179
Prepayments and accrued income 1,974 1,768
67,518 71,947
Due after more than one year
Directors loan account 20,446 998
87,964 72,945
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 79,886 48,073
Bank loans and overdrafts 39,266 13,658
Corporation tax (42 ) -
Other taxes and social security 4,440 44,242
Net wages 108 -
Other creditors 239 159
Other creditors (1) 5,983 -
Accruals and deferred income 551 -
130,431 106,132
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 248,021 279,980
Other loans 120,091 94,264
Directors loan account 98,690 34,321
466,802 408,565
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Reserves
Revaluation Reserve
£
As at 1 December 2023 313,293
As at 30 November 2024 313,293
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